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President Lenin Moreno highlights the work of the Ecuadorian Air Force

Ecuadornews: On Wednesday, October 24, a ceremony was held for the ninety-eighth anniversary of the creation of the National Aviation and Day of the Ecuadorian Air Force (FAE). The event was held at the Mariscal Sucre Air Base, located in the old airport of the capital. It was...
Posted On 25 Oct 2018
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Ecuador wants regional bloc against German plan Aldi to lower banana value

Ecuadornews: Ecuador, the world’s largest banana exporter, is pushing for Latin America to act in a common block against the plan of the German supermarket chain Aldi to pay one euro less for the fruit box. “We have to structure an external front with all the...
Posted On 25 Oct 2018
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Clients reported 51,218 cases of unjustified collections

Ecuadornews: In the National Assembly there is concern about the breach of regulations and the lack of control of agencies that monitor the financial and corporate system. Between January and September of this year, the financial entities reimbursed $ 1.2 million corresponding to...
Posted On 25 Oct 2018
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Control ‘irritates’ Chinese oil companies

Ecuadornews: Modifying the signed is more complicated than it seems. Ecuador has problems to reach agreements with the oil companies that previously bought crude, during the government of former president Rafael Correa. Petrochina and Unipec requested the inclusion of special...
Posted On 25 Oct 2018
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The un-authorized charges are a business without controls

Ecuadornews: The business of non-financial services that move through the banks is enormous. Insurance, assistance, advice … So far this year, it is around 500 million dollars, 5 percent of which (24 million) corresponds to the fees that banks charge for the service; 33...
Posted On 25 Oct 2018
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President Lenin Moreno met with Chilean businessmen

Ecuadornews: The president of Ecuador, Lenin Moreno, met on Wednesday October 24 with representatives of the Chamber of Commerce of Santiago de Chile, who expressed their interest in strengthening the exchange between the two countries. “Friends, welcome. We are two nations...
Posted On 25 Oct 2018
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Works in new power grid are stopped for lack of payment to contractor

Ecuadornews: The power of the largest hydroelectric plant in the country and emblem of the previous government, Coca-Codo Sinclair, does not reach Guayaquil due to the lack of power lines. Social conflicts with Tungurahua communities and financing problems have delayed the...
Posted On 25 Oct 2018
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A new milestone in Ecuador’s commercial relationship with the United States

Ecuadornews: After nine years, the governments of Ecuador and the United States agreed to resume the Trade and Investment Council (TIC), the Ecuadorian Foreign Ministry reported yesterday. The measure marks a new moment in the commercial relations between both countries....
Posted On 25 Oct 2018
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Ecuador will not intercede for Julian Assange, after his demand

Ecuadornews: In the protection action filed by Julián Assange’s defense against the government, the founder of the WikiLeaks portal is presented with a double status: Ecuadorian and also  with asylum. Today at 09:00 a hearing will be held with which Julian Assange seeks the...
Posted On 25 Oct 2018
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The Government declares itself victim of a “correísta conspiracy”

Ecuadornews: In the Government they are sure that there is a conspiracy going on. The responsible? Rafael Correa. That is the justification that the official spokesmen found to try to explain the latest complaints and incidents (including the escape of Fernando Alvarado, former...
Posted On 25 Oct 2018
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