Federal Reserve will be directed by Janet Yellen

Through 56 votes in favour and 26 against, the nomination of Economist Janet Yellen as the new responsible for directing the U.S. Federal Reserve was approved. The Reserve, which has existed for 100 years, will have its first woman in charge. The Economist will replace Ben...
Posted On 07 Jan 2014
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All Saints Church will be finished this month

The church of All Saints located  in the city of Cuenca has a new facade after a long restoration process that took five years of work. This work was carried out by the Municipality of the city of Cuenca. This temple was built by the Oblatas Mothers  in the early twentieth...
Posted On 07 Jan 2014
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The 4G network arrived but 85% of users remain in 2G

The network’s fourth generation (4G), also known as LTE, is working in Quito and Guayaquil, since last December. The  National Council of  Telecommunications (Conatel) approved  on 18 October of 2013 the new frequency allocation. Last December, the National Corporation for...
Posted On 07 Jan 2014
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National Assembly is vulnerable to an unstable first quarter

Due to the Sectional Elections’ campaign, the legislative recess of almost whole February and among other reasons, the plenary of the National Assembly of Ecuador will face a tight work schedule in the first half of the year, where instability is expected. The political movement...
Posted On 07 Jan 2014
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Former Ecuadorian Vice-Chancellor will have a job on the OAS

The former Vice-Chancellor Marco Albuja, will assume office since next January 15, a position as a diplomatic representative to the Organization of American States (OAS). Albuja will replace Maria Isabel Salvador, who now holds the position of President of the Governing Council...
Posted On 07 Jan 2014
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President Correa requests license for election campaign

The President, Rafael Correa, asked the National Assembly, for a license to accompany the candidates of Alianza Pais at the start of the election campaign. First he requested  two days, 7 and 8; but yesterday he included 10, starting at 12:00. It is not the first time that the...
Posted On 07 Jan 2014
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Crude oil production in Ecuador increased

According to the audited data the oil production in Ecuador, in 2013  closed with an increase of 3.5%, compared to 2012, the best result registered by the present government in its seven years managing the country. In the period 2007-2009, oil production fell 9%, but a year later...
Posted On 06 Jan 2014
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Ecuador celebrates Epiphany with culinary traditions

As part of the celebration for the Three Kings Day, in Ecuador  is celebrated with the traditional bagel, which is prepared and marketed by large hotels and restaurants as well as in small bakeries and confectioneries nationwide. Each bagel is prepared with a special feature....
Posted On 06 Jan 2014
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Investigations in Schumacher’s case were reveal on Wednesday

Members of Investigation and the prosecution ensured that in the next hours by a press conference in Albertville, will be revealed novelties causes of the skiing accident suffered by the former German Formula One driver Michael Schumacher in recent days. The multiple champion has...
Posted On 06 Jan 2014
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Elton John’s presentation close to be confirmed

In the next hours is expected that it becomes official the presentation of Elton John in the city of Quito as part of his world tour “Rocket Man – Greatest Hits Live”, which was in development since last year. For now, the organization of the event, Team...
Posted On 06 Jan 2014
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