Fidel Márquez recommends to eliminate subsidies

The rector of the Ecotec College, Fidel Márquez, in an interview with Ecuavisa said that dollarization imposed a discipline in the country that did not exist before, “and that eventually has led us to create a stronger middle class.”   The analyst considers that...
Posted On 17 Aug 2019
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Fisheries businessman Bruno Leone comments on economic situation

In an interview with Ecuavisa, the vice president of the National Chamber of Fisheries, Bruno Leone, claimed public long-term policies in midst of a climate of confidence so investments flow. “Now, it is said we have a hard currency that makes it hard to cope with the...
Posted On 17 Aug 2019
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Government debt higher margin, according to Jose Hidalgo

The general director of Cordes, Jose Hidalgo, in an interview with Ecuavisa mentioned that the first effect of the drop in oil prices will be a drop in the economic activity, and this is because the Ecuadorian economy in recent years has become increasingly dependent on public...
Posted On 17 Aug 2019
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El Niño phenomenon requires coordinated action

Rodney Martinez, international director of CIIFEN, warned of the consequences that could arise from the presence of El Niño phenomenon, as it happened in 1977-78, and the need to take coordinated action to face the natural phenomenon, and the most important: to have informed and...
Posted On 17 Aug 2019
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Quishpe: we asked the president to stop violating of the Constitution

The prefect of Zamora-Chinchipe, Salvador Quishpe, in an interview with Ecuavisa referred to persons detained following the demonstrations of the indigenous march during the first half of August, he said he had evidence of how women were assaulted inside their homes, of people...
Posted On 17 Aug 2019
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 Ecuadorian banana growers are concerned about tariffs

The Association of Banana Exporters of Ecuador (AEBE), in a discussion panel with reporters, said that one of the main problems they face is the fee to be paid by importers in the European Union (EU) for each box of bananas, this while they await for the signing of the trade...
Posted On 17 Aug 2019
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Foreign trade accounts are treading on negative grounds

  According to the Central Bank of Ecuador, exports from January to May reached $ 8,190 million, contrary to the $ 11.123 million sold in the same period last year.   Employers are concerned because sales of non-oil products have declined. Coffee producers are exporting...
Posted On 17 Aug 2019
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Texas Oil closed downwards for the fourth day

Yesterday the Texas Intermediate crude oil fell 0.38% to close at $ 52.33 a barrel. According to EFE, at the close of the New York Mercantile Exchange, WTI crude oil future contracts for August delivery lost $ 0.20 compared to the previous session.   WTI has recorded four...
Posted On 17 Aug 2019
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