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Price of gas stoves went down 42%

Ecuadornews: The elimination of the Special Consumption Tax for gas stoves reduced its prices and reactivated the demand. The incentive, which has been in force since September 1, is part of the Productive Development Law. The tax was 100% since 2014 and sought to encourage the...
Posted On 25 Sep 2018
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The Ombudsman apologizes for “institutional silence

Ecuadornews: As a way of recognizing errors, the defender of the People, Gina Benavides, called for public apologies to three sectors that, in her opinion, were stigmatized and discriminated against. The official presided over the ceremony at the Ecuadorian House of Culture and...
Posted On 25 Sep 2018
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The national flower is bathed in gold to innovate

Ecuadornews: While the fresh flower is still the flagship product of the Ecuadorian flower industry, the farms also develop new varieties and innovative products that are demanded in new markets, such as Chinese. The novelties were presented at Expo Flor 2018, which was held...
Posted On 25 Sep 2018
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Prohibiting plastic does not attack the problem from the roots

Ecuadornews: Reuse and recycle instead of discarding. That is the message that, according to Caterina Costa, president of the Chamber of Industries of Guayaquil, should prevail in the city when it comes to proposing solutions to reduce the environmental impact of garbage in the...
Posted On 25 Sep 2018
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Current spending makes the task of fiscal adjustment difficult

Ecuadornews: Analysts agree that the decisions taken by the government point to the right direction, but its effects will be minimal without complementary measures. Do more with fewer resources. Under this premise, the government carries out austerity measures in public spending...
Posted On 25 Sep 2018
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Pérez denounces obstacles to obtain information from Pacific Refinery

Ecuadornews: The mixed economy company Refinería del Pacífico and the liquidation of the company Operaciones Río Napo are two issues that are in conflict with the Ecuadorian company Petróleos de Venezuela S.A. (PDVSA). The Minister of Energy and Non-Renewable Natural Resources,...
Posted On 25 Sep 2018
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Topic and Rivera with domestic problems

Ecuadornews: An e-mail that circulated in mid-2011 could alter the relative tranquility of Tomislav Topic, director of Telconet, and Ricardo Rivera, uncle of Vice President Jorge Glas. The last two, sentenced to six years in prison for illicit association in the Odebrecht case....
Posted On 25 Sep 2018
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The political contradiction

Ecuadornews: Six months before the country returns to live an electoral fair, this time to elect more than 11,000 dignitaries between principals and substitutes of the sectional bodies, the contradiction between those who signed in favor of political organizations and the...
Posted On 25 Sep 2018
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CPCCS affirms that it is not viable for the Judiciary Council to evaluate judges

Ecuadornews: This morning Luis Hernández, counselor of the Council of Citizen Participation and social control, spoke on Radio Pública FM about the processes for appointing authorities and the fight against corruption carried out by the institution. Luis Hernández pointed out...
Posted On 25 Sep 2018
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Pension fund of the IESS fell to $ 7.298 million until June

Ecuadornews: The pension fund, managed by the Bank of IESS (Biess), reached $ 7,298 million in June 2018. The amount of the fund has been falling since December 2015 when it was $ 9,032 million. One of the reasons for this behavior has been the elimination of the contribution of...
Posted On 25 Sep 2018
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