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Assembly accepts resignation of María Alejandra Vicuña

Ecuadornews: The National Assembly has approved the resignation of María Alejandra Vicuña to the Vice Presidency of the Republic, with 94 votes in favor, none against, and no abstention or blank vote. It will be the Assembly that elects the new Vice President of the Republic...
Posted On 07 Dec 2018
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IDB approved $ 300 million guarantee for Ecuador

Ecuadornews: For the first time, the Inter-American Development Bank (IDB) approved a $ 300million guarantee that will allow Ecuador to issue the first sovereign social bond in Latin America and the Caribbean. The program will finance the construction of social housing under the...
Posted On 07 Dec 2018
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A credit boom in the country’s cooperatives

Ecuadornews: Few requirements and fast disbursement. Those were two of the reasons why Andrés C.decided to apply for a credit in a cooperative to buy a motorcycle. They lent him $ 5,000 with a guarantee of $ 200 and in a week. The facility to give credits is one of the reasons...
Posted On 07 Dec 2018
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Lenin Moreno is in favor of hiring an oil insurance

Ecuadornews: President Lenin Moreno agreed to contract oil insurance to guarantee the price of oil,since “living with the uncertainty of price fluctuations is not convenient”. The subject is being analyzed by finance ministers, Richard Martinez, and Hydrocarbons,...
Posted On 07 Dec 2018
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Discounts made to IESS employees went to PAIS

Ecuadornews: Ad raft report from the Comptroller’s Office to the Ecuadorian Social Security Institute (IESS) determined discounts of $ 378,932.27 to 533 workers of that entity. According to the document, PAIS received $ 135,303.40. The rest was allocated to the Citizen...
Posted On 07 Dec 2018
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Glas does not return to Quito, he stays in Latacunga

Ecuadornews: Former Vice President Jorge Glas is serving his sentence of 6 years for unlaw fulassociation – in relation to the construction company Odebrecht – and his case obtained this December 6, a new resolution issued by the Court of Cotopaxi: to remain in the...
Posted On 07 Dec 2018
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Vicuña was fired without pity or glory

Ecuadornews: It took no more than a quarter of an hour for the National Assembly to dispatch the Vice President of the Republic. Enough time to read the text of her resignation (which ostensibly disregarded all), move their acceptance and count the votes. The proponent of the...
Posted On 07 Dec 2018
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IACHR Received More Data on Triple Crime at the Border

Ecuadornews: The Inter-American Commission on Human Rights received yesterday (Thursday,December 6, 2018) in a public hearing the relatives of Javier Ortega, Paúl Rivas and Efraín Segarra, murdered by FARC dissidents on the border between Ecuador and Colombia. In this meeting,...
Posted On 07 Dec 2018
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National Assembly accepted the resignation of María Alejandra Vicuña

Ecuadornews: The plenary session of the National Assembly accepted on Thursday morning the resignation presented by María Alejandra Vicuña to the position of vice president, to defend herself against accusations that linked her to theso-called “Diezmos case” By unanimity of 94...
Posted On 07 Dec 2018
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Quito grows at an accelerated pace

Ecuadornews: The500 years are approaching. Yesterday, the capital commemorated its 484 years of Spanish foundation among traditions, festivals and customs. As usual, Quito regains its shine and puts on its best face for the December celebrations. Of course, it was not all dancing...
Posted On 07 Dec 2018
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