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Ecuador triumphs in Cross Country Rally

Ecuadornews: TheEcuadorian pilot Sebastián Guayasamín was crowned champion of the Cross CountryRally 2018, which ended last Sunday in San José del Guavire, in Colombia. Guayasamín along with his co-driver Santiago Moreno added 76 points, out of 80 possible, aboard a pick-up. The...
Posted On 08 Nov 2018
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The Corporación Favorita will acquire a majority stake in the chain of supermarkets in Panama

Ecuadornews: CorporaciónFavorita will acquire the majority percentage of the shares of Rey Holdings andits subsidiaries, shares listed on the Stock Exchange of Panama and the companythat owns the supermarket brands Rey, Romero and Mr. Precio, the chain ofFarmacias Metro and Zaz...
Posted On 08 Nov 2018
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An unexpected electoral actor

Ecuadornews: Thetrolls enter the electoral scene. These people who hide their identity inunofficial accounts to make theirs in social networks, especially Twitter, havethe ability to make an impact on public opinion, so they tend to be attractiveat election time. Now they open a...
Posted On 08 Nov 2018
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The Government will encourage the production of dairy products in the 24 provinces

Ecuadornews: Producersask for campaigns of internal consumption, ease of exporting, changing theconception of the product and improving the labeling. Undertake strategies toincrease the milk intake nationwide and boost the export of surplus milkproduction were two of the four...
Posted On 08 Nov 2018
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Investment banking bails out the country

Ecuadornews: TheGovernment manages to finish 2018. Last Wednesday, the Ministry of Economy andFinance (MEF) reported that it obtained 1,185 million dollars through fivecredits. Thelargest lender of fresh resources, whose disbursement already entered onOctober 31 to ‘the...
Posted On 08 Nov 2018
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The CAF calls to reduce informality to improve productivity

Ecuadornews: Theeconomic lag in Latin America is mainly due to a very low productivity, ratherthan a strong concentration of resources in particularly low-yield sectors. Itis one of the findings of the diagnosis made in the Report of Economy andDevelopment (RED 2018), presented...
Posted On 08 Nov 2018
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Report recommends the National Electoral Council proceed with popular consultation for the Yasuní

Ecuadornews: The analysis considers that 310,909 signatures are canceled by the National Electoral Council in 2014, added to the 359,761 validated by the count, which would give the total of 670,670 rubrics, and exceeds the 5% limit of the electoral roll. Theindependent audit,...
Posted On 08 Nov 2018
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Ecuador must eliminate 90% of tariffs with Mexico

Ecuadornews: Thenational government hopes that between January and February of next yearnegotiations with the Pacific Alliance will start, so that the bloc considersaccepting Ecuador as an associated State. One of the first steps that the country must take is to eliminate tariffs...
Posted On 08 Nov 2018
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Correa is called to trial for kidnapping

Ecuadornews: JudgeDaniella Camacho, of the National Court of Justice, made her decision after 40days of analyzing the case. Yesterday, she called for the trial of formerPresident Rafael Correa for the kidnapping of Fernando Balda. The decision includes Pablo Romero, former...
Posted On 08 Nov 2018
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Correa, called to trial for kidnapping Balda

Ecuadornews: Theex-president of Ecuador Rafael Correa, who governed the country between 2007and 2017, has been called to trial today for the alleged crime of plagiarism(kidnapping) of the Ecuadorian opposition politician Fernando Balda, a factthat occurred in Colombia in August...
Posted On 08 Nov 2018
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