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Long resigns from his position at the UN in Geneva with harsh criticism of Moreno

Ecuadornews:   The permanent representative of Ecuador before the United Nations in Geneva, Guillaume Long, today announced his resignation from the position with a letter of resignation in which he exposed harsh criticism to the Ecuadorian president, Lenin Moreno. ...
Posted On 05 Jan 2018
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Industries expect long-term growth

Ecuadornews:   The businessmen recognize the good moment of the economy, but warn that it is the effect of the increase in international prices and the elimination of safeguards. The official figures of economic growth in the third quarter of 2017 confirm the good...
Posted On 05 Jan 2018
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Carlos Ochoa must go to the Supervisory Commission

Ecuadornews:   The Council of the Legislative Administration gave way to the appearance, in the Commission of Control of the Assembly, of the Superintendent of Communication, Carlos Ochoa. The call is related to the investigation of the Comptroller General of the State when...
Posted On 05 Jan 2018
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74 thousand beneficiary families of BDH will receive Variable Bonus

Ecuadornews: This economic transfer is intended for families in extreme poverty and vulnerability, BDH users and who have children less than 18 years of age.  According to the Ministry of Economic and Social Inclusion (MIES), a total of 74,000 family units, which currently...
Posted On 05 Jan 2018
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Millennials, to spend less

Ecuadornews:   Being young and managing well with new technologies is not synonymous with a good capacity for savings or financial education. 66% of so-called millennials – young people between 18 and 35 years old, the first generation that has been formed in an...
Posted On 05 Jan 2018
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Sea disrupted work in Santa Elena and El Oro

Ecuadornews:   The fishermen preferred for the second consecutive day tomaintain their boats and avoid going into the sea, pointing out that there were strong winds that could put their integrity at risk. This is because beforenoon yesterday the sea receded again in an...
Posted On 05 Jan 2018
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‘Bimo’ will replace electronic money

Ecuadornews:   The Association of Private Banks will present a mobile wallet, the digital means of payment with which the Central Bank system will disappear. In February, private banks will bring to the market the financial product with which they will replace (and put an...
Posted On 05 Jan 2018
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Rice farmers ask for calm

Ecuadornews:   In Guayaquil, the Police Department of Guayas turns on its warnings to prevent an alleged rice made with plastic in China from being marketed in the city. According to the authority, consumers have denounced the fact in social networks and before the entity....
Posted On 05 Jan 2018
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Official designation of Francisco Carrión for US mission

Ecuadornews:   President Lenín Moreno formalized the appointment of Francisco Carrión Mena as ambassador of Ecuador to the United States, through Executive Decree 274, signed on January 2. Carrión is a career diplomat, former chancellor between 2005 and 2007, was...
Posted On 05 Jan 2018
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Banking warns of credit contraction due to low reserves

Ecuadornews:   The fall in the level of international reserves and, therefore, the coverage of bank reserves with international reserves (RI) could generate adverse effects such as a credit crunch for customers. The RI, a country’s foreign exchange resources to pay for...
Posted On 05 Jan 2018
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