Ecuador is Ranked 130 Among 183 Countries Where it is Easier to do Business

According to the Doing Business 2012 report, prepared by the World Bank and International Finance Corporation, Ecuador is ranked in position number 130 among 183 countries that do business easier. Compared to last year, Ecuador has improved in the rankings up from 131 to 130, but...
Posted On 02 Mar 2012
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Ecuadorian Court affirms the implementation of environmental conviction against Chevron

The Court of Justice of the Ecuadorian province of Sucumbios upheld the order of execution of the sentence that orders the U.S. oil company Chevron to pay 18,000 million dollars due to a serious environmental damage in the Amazon. In an order released, the Chamber of Sucumbios...
Posted On 02 Mar 2012
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El Universo Ask IACHR to Dismiss Precautionary Measures

The defense attorney of the Perez brothers and Emilio Palacio requested to the Inter-American Commission of Human Rights (IACHR) to dismiss the precautionary measures placed on his favor due to the sentence of Case El Universo. Last Wednesday, the attorneys presented a document...
Posted On 02 Mar 2012
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Europe unites for a “Stop it” call

Convened by the European Trade Union Confederation, European workers called on the entire continent to demonstrate against the austerity policy with the slogan “Stop it.” This mobilization began on February 29, a day of the summit of the European Union (EU) in...
Posted On 02 Mar 2012
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Syrian Arab Red Crescent Medics Reach Homs

A convoy of the Syrian Arab Red Crescent that carried food and aid has reached the Homs, waiting to enter the besieged district of Bab Amr. A total of seven vehicles that left Damascus on Friday morning arrived the hostile city. According to Carla Haddad, the Geneva-based...
Posted On 02 Mar 2012
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El Universo Newspaper will Continue its Legal Actions before the IACHR

El Universo newspaper today released a statement announcing that their international demand before the Commission on Human Rights (IACHR) will continue in order to seek a way to clear the crime against the Perez brothers, directors of the media and Emilio Palacio, former editor...
Posted On 01 Mar 2012
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Italian Singer Lucio Dalla Passed Away

Italian singer, Lucio Dalla passed away this morning due to a heart attack in Montreux, Swiss, where the singer had scheduled a series of concerts. Dalla, who was about to turn 69 years old next Sunday, is considered one of the most famous Italian singers. His beginnings in the...
Posted On 01 Mar 2012
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Lady Gaga Launches Educational Foundation at Harvard University

Causing a stir among the students of Harvard University, the pop singer, Lady Gaga, on Wednesday officially launched her Foundation “Born This Way“. In a joint effort with her mother Cynthia Germanotta, this partnership seeks to address issues such as self confidence,...
Posted On 01 Mar 2012
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More Offices of Banco Pinchincha to be open in Spain

Two years ahead of schedule, Banco Pichincha will profit from its operations in Spain. It operates since 2010 in that country as a commercial bank. Jorge Marchan Riera, manager of Pichincha in Spain, told The New York Times, its assets doubled last year from 27 million to 63...
Posted On 01 Mar 2012
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El Universo Director Arrived to Panama

Carlos Perez, the Ecuadorian director newspaper El Universo arrived to Panama and is currently in the Foreign Offices of the Central American country. Roberto Henriquez, the Chancellor of Panama, stated through his Twitter account that he met with Carlos Perez and his brothers...
Posted On 01 Mar 2012
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