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Museums of the Ministry of Culture are insured for $ 259 million

Ecuadornews: The fire that ended with 200 years of antiquity of the National Museum of Brazil ignited other type of alarms. How protected are the archaeological assets in the different countries? Doubt resounds and at the same time worries. The incident registered on September 2,...
Posted On 24 Sep 2018
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Attorney’s office, in the focus of millionaire foreign demands

Ecuadornews: Although the arbitration award of August 30 in favor of the oil company Chevron, which obliges the State to pay a compensation not yet determined, put the PRD in a bind, in its Directorate of International Affairs still awaits, in addition, another eight arbitration...
Posted On 24 Sep 2018
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The reduction of 99% interest and fines in the IESS expires in 60 days

Ecuadornews: Until September 20, the Ecuadorian Institute of Social Security (IESS) raised $ 11 million for the reduction of interest, fines and surcharges, part of the Productive Development Law in force since August 21. Carlos Vallejo, general director of the IESS, highlighted...
Posted On 24 Sep 2018
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Inter-institutional Committee will regulate the country’s aquaculture and fishing sector

Ecuadornews: Within a period not exceeding 60 days, the Ministry of Aquaculture and Fisheries will be transformed into a Technical Secretariat, which will be under the control of the Ministry of Foreign Trade and Investment. Guilds criticize the government’s measure. Decree...
Posted On 24 Sep 2018
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Markets calm down and country risk relaxes

Ecuadornews: Does a light appear at the end of the tunnel? In recent days, the situation of the so-called emerging countries, such as Argentina and Turkey, seems to improve and this effect is also felt in Ecuador. In recent months, the currency crises in Argentina and Turkey,...
Posted On 24 Sep 2018
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Inefficient public spending passes bill to Latin America

Ecuadornews: A study by the IDB reveals that the inoperability in public purchases, services and transfers cost the region $ 220,000 million a year; that would have served to eliminate extreme poverty. The global financial crisis unleashed in 2008 increased the prices of raw...
Posted On 24 Sep 2018
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More than $ 15 million paid for traffic accidents

Ecuadornews: Much has been talked about in the last few days of traffic accidents and the number of deaths and injuries that have left them and the drama that many families go through because they do not have the means to pay for funeral expenses or for the healing of their...
Posted On 24 Sep 2018
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Refinery contracts for more than $ 1.300 million, to sanitation

Ecuadornews: A team of specialists in various branches of engineering, lawyers and experts in public procurement will submit to a rigorous review and remediation more than 40 contracts that Petroecuador signed for the rehabilitation of the Esmeraldas refinery, for an amount that...
Posted On 24 Sep 2018
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James Craig: ‘Chevron will claim Ecuador for damages amounting to hundreds of millions of dollars’

Ecuadornews: James Craig is a spokesman for the US oil company Chevron and argues that if the plaintiffs succeed in executing the Lago Agrio ruling in any country, Ecuador must compensate Chevron. Does the ruling of the Arbitral Tribunal of The Hague includes all the issues that...
Posted On 24 Sep 2018
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President Lenin Moreno participates in summit in honor of Mandela

Ecuadornews: President Lenin Moreno is already in New York (United States) to participate in the General Assembly of the United Nations (UN). According to the scheduled agenda, this Monday, September 24, will offer a speech at the Peace Summit: Nelson Mandela. After that, there...
Posted On 24 Sep 2018
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