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National Court of Justice Passed Sentence in ‘Filanbanco Case’

After being given the judgment in Filanbanco case, Xavier Castro, Roberto and William Isaias brothers’ lawyer, claimed this morning that there is already a sentence against the former directors of that institution. The National Court of Justice (CNJ) stated the sentence is...
Posted On 11 Apr 2012
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Indonesia Faces Seism and Strong Waves

This Wednesday waves of more than 80cm were seen in the eastern coast of the island of Sumatra in Indonesia. The waves started a violent seism with a magnitude of 8,6 in the Indian Ocean. “Small tsunamis” from 36 to 80 waves affected four settlements in the north of Sumatra...
Posted On 11 Apr 2012
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Nine Peruvian Miners are Rescued

Nine Peruvian miners who were trapped since last Thursday in a tunnel, were rescued on Wednesday, in the presence of the Peruvian President, Ollanta Humala. The release of workers in the informal copper mine ‘Cabeza de Negro’, at 282 kilometers south of Lima, was...
Posted On 11 Apr 2012
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Transsexuals May Participate in Miss Universe Starting Next Year

Organizers of the Miss Universe beauty pageant announced on Tuesday that transgender women may participate next year. Contest managers said they are adjusting the language of one of its rules and that they expect to issue the last decision soon. Trials for the next year’...
Posted On 11 Apr 2012
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Alvaro Noboa is against Ecuadorian Media Bill Draft

Today at a press conference Alvaro Noboa, maximum leader of Prian party, expressed his point of view against the Ecuadorian Media Bill draft. “I am against the Communications Act in the way the Government has designed it. I want to say that I have nothing personal against...
Posted On 10 Apr 2012
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Peru, Ecuador and Bolivia: Countries with Better Economic Projection in 2050

According to a report by HSBC Global Research, South American countries such as Peru, Ecuador, and Bolivia will be those who integrate the group of the 26 economies that might have rapid economic growth (above 5% average) through 2050. The three Latin American states would be...
Posted On 10 Apr 2012
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Russia is on Alert due North Korea Rocket Launch

Moscow is prepared to take down the rocket if it deviates towards the Kuril Islands. Russia warned that the launch of the North Korean satellite announced by the Pyongyang regime violates UN regulations. Meanwhile Russian military officials are on alert in case the rocket fails,...
Posted On 10 Apr 2012
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New Mortgage Bill is Discussed in the Main Ecuadorian Assembly

As an urgent economic matter, President Rafael Correa presented the new Law for the Regulation of Housing Credits to the main assembly. In the project it is considered an abuse that, in case of default, financial institutions can collect the debt through the ownership of personal...
Posted On 10 Apr 2012
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33 Countries Will Participate in the VI Summit of the Americas

With the installation of the Social Partners Forum, which brings together some 8000 participants from 33 countries, the Sixth Summit of the Americas will formally begin this Saturday in Cartagena de Indias, Colombia. In the summit a process involving various bodies such as the...
Posted On 10 Apr 2012
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Peace Hopes Disappear in Syria After Bombings During Deadline

The period for Syrian troops to retreat from cities was over since this Tuesday morning. However, no reports show a change in the crisis that has lasted for more than a year in Syria. Today at least 12 people died in Homs, including three children due to an attack with missiles...
Posted On 10 Apr 2012
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