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Ecuador tests its diplomatic capacity before Honduras at the UN

Ecuadornews: Ecuador and Honduras are facing this Tuesday, June 5, 2018, in voting to preside over the 73rd period of sessions of the General Assembly of the United Nations Organization (UNGA). Chancellor Maria Fernanda Espinosa competes for that position with her partner Mary...
Posted On 05 Jun 2018
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40% of Chevron members would have asked for fair negotiations with Ecuadorian indigenous people

Ecuadornews:   Patricio Salazar, attorney for the Amazon Defense Front, revealed that approximately 40 percent of Chevron’s partners, at last February’s meeting, asked the new manager to “call those affected to a negotiating table and seek a fair agreement...
Posted On 05 Jun 2018
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Bill includes incentives for 24 months

Ecuadornews:   The new investments will receive exemptions from Income Tax. Once the deadline has expired, the President may extend it for another two years. For the Minister of Foreign Trade and Investment, Pablo Campana, there are three alternatives to attract revenue to...
Posted On 05 Jun 2018
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The economic plan amputates the overpricing of public works

Ecuadornews:   The Government wants to do a clean slate with the inherited contracts with problems and surcharges. The new law on productive development, presented in the National Assembly, provides that works that have exceeded the investment initially planned and that are...
Posted On 05 Jun 2018
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Only 2% of family businesses in the country have a succession plan

Ecuadornews:   In Ecuador, 47.9% of family businesses are managed by the founding generation, but only 2% have a succession strategy, according to studies conducted by the German-Ecuadorian Chamber of Commerce, together with the Courage Center of Global Family Firms of the...
Posted On 05 Jun 2018
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Participation dismantles the correísmo

Ecuadornews:   The report was devastating, but neither Gustavo Jalkh nor any of his colleagues from the Judicial Council were there to listen to him. Julio César Trujillo, who knows where his authority comes from, who at each session of the Transitional Participation Council...
Posted On 05 Jun 2018
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Moreno declassifies information about Fernando Balda and General Gabela

Ecuadornews:   The president of Ecuador, Lenin Moreno, today announced the declassification of the information of a controversial case in which the kidnapping, in Colombia, of the ex-legislator Fernando Balda is being investigated. “We have taken the decision to...
Posted On 05 Jun 2018
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The versatility of cocoa and coffee was the hallmark of the lounge

Ecuadornews:   The tenth edition of the Chocolate, Cocoa and Coffee Fair left a mixture of flavors and textures in the senses. In this year, the event was not only starring products from the confectionery and chocolate: for 2018, the contestants put a firm step in the...
Posted On 05 Jun 2018
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Six Assemblymen presented 39 evidence against Espinosa

Ecuadornews:   A document of 48 sheets submitted by six legislators rests in the National Assembly. This is the request for impeachment against the Minister of Foreign Affairs, María Fernanda Espinosa. The Assemblymen Fernando Flores, Byron Suquilanda and Marcelo Simbaña...
Posted On 05 Jun 2018
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Judicial council did not comply with any evaluation parameter

Ecuadornews:   The CPCCST found irregularities in the processes of selection of authorities, influence peddling, manipulation of the Satje system and illegal appointments of judges and prosecutors. The Council of Citizen Participation and Transitory Social Control (CPCCST)...
Posted On 05 Jun 2018
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