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Induction cookers are currently sold with discounts of between 12 and 20%. This, after the announcement of the exemption of the VAT and the foreign exchange outflow tax. On the other hand, gas cookers have presented an increase of up to 64% because of the ICE increase. In...

Despite the characteristic volatility of the currency market, the dollar in recent months showed a sustained appreciation. The dollar began to rise against other currencies this year and has begun to generate expectations for the consolidation of the US economy. Experts said that...

Indonesia Boats detected four major items that belong to the AirAsia airline plane that crashed off the island of Borneo, said yesterday Bambang Sulistyo, in charge of the search. Diving teams were sent to the area. Experts say these could be parts of the fuselage and the wings....

Ecuador’s trade balance (difference between exports and imports) tends to recover this year. Until October, it placed its numbers in $ 148 million in favor, after that during the same month in 2013 a deficit of $ 1,172 million was recorded. The figure presented by the...

The corruption scandal involving Petrobras begins to have its impact on Brazilian banks, which received millions of dollars from the embezzlement, yesterday said the newspaper Folha de Sao Paulo. Private banks are reluctant to immediately transfer to judicial accounts, the...

President Rafael Correa said this December 10 through his Twitter account that the country can “be proud” on human rights and stressed that this is one of the few countries that have subscribed all international treaties on the subject.   “Ecuador can be proud:...

The National Council of Salaries (Conades for its Spanish acronym) met yesterday to define the 2015 salaries for workers in the mobile phone companies. However, so far there was no consensus. Jaime Arciniega, workers’ representative to the Conades, said in yesterday’s...

The first discussionof the applicationofconstitutional amendmentwill begin this Mondayin the plenary ofthe National Assembly.The call was madeon Friday, just hoursafter thereportwas approvedin the committeecreated to deal withthe 16changes to the Constitutionproposed...

President Rafael Correa said Saturday that the government will organize with Rigoberta Menchú, Nobel Peace Prize, a Latin American conference of native peoples for 2016. Correa did not specify which month would be the appointment, but said it will be held in the country. He also...

Roberto Betancourt, Ambassador and Chief Negotiator of the multiparty trade agreement between Ecuador and the European Union (EU), said that the country is awaiting for a pronouncement of the Council of Ministers and the European Parliament on the replacement regulation to the...