off

National Court initiates the extradition process against Rafael Correa as part of the final judgment in the Bribery case

Once the analysis and the necessary extradition procedures were carried out, the president of the National Court of Justice (CNJ), Iván Saquicela, announced that he had signed, last Thursday, the ruling that begins the extradition process of the former president. Rafael Correa ,...
Posted On 22 Apr 2022
, By
off

369 students who arrived from Ukraine took advantage of Senescyt’s contingency plan

The beginning of the Russian offensive in Ukraine, on February 24, caused 657 Ecuadorians to return to their native country on three humanitarian flights. Most of these are young students who had chosen to carry out their university studies in the European country, but this was...
Posted On 21 Apr 2022
, By
off

The Attorney General confirms the seizure of assets against Jorge Glas

The State Attorney General’s Office (PGE) ratified the embargo on the assets of the former Vice President of the Republic, Jorge Glas , after the request of the wife of the former second president to lift the prohibition on disposing of assets. The contested properties are...
Posted On 21 Apr 2022
, By
off

Refinery Marathon from the US and the state-owned Petroperú won contracts for Oriente and Napo crude oil; Government celebrates that it is without intermediaries

The companies Marathon Petroleum Supply LLC and the state-owned company Petroperú, both refiners, presented EP Petroecuador with the best offers and prizes for the last Ecuadorian crude sale contest, EP Petroecuador announced in an official statement. In this way, the Ecuadorian...
Posted On 20 Apr 2022
, By
off

More gold comes out of the Fruta del Norte mine: 121,665 ounces in the first quarter of 2022

More gold has been extracted from the Fruta del Norte mine so far this year. Lundin Gold extracted 121,665 ounces of gold from that mine during the first quarter of 2022. Of that, 78,601 ounces came out as concentrate and 43,064 ounces as doré. In the first three months of 2021,...
Posted On 19 Apr 2022
, By
off

Ecuador climbed 14.94 points in the ranking of the most attractive countries for mining investment

Foreign investors have a better perspective on Ecuador as a mining destination. According to the Fraser survey that qualifies 84 mining jurisdictions (states and countries) worldwide, in 2021, Ecuador’s score grew 14.94 points compared to 2020, as one of the most attractive...
Posted On 18 Apr 2022
, By
off

The Ecuadorian specialty coffee that seeks to make its way in the world

A small group of 200 farmers make a specialty coffee supported by the recent appellation of origin from the province of Loja , in southern Ecuador, which seeks to place the Andean country on the map of gourmet coffees and bid for its own niche in this competitive region....
Posted On 18 Apr 2022
, By
off

The Government and the banana growers agree to create a contingency fund and stop new plantings

The Minister of Agriculture, Pedro Álava and seven representatives of the country’s banana sector signed an act last Wednesday, April 13, 2022, listing 8 reforms that they commit to execute for the well-being of the industry. Although the agreement includes some requests...
Posted On 14 Apr 2022
, By
off

Banana producers deny alleged agreement with authorities, maintain protest in El Oro and seek to reincorporate Guayas and Los Ríos

For the fourth consecutive day, banana producers have closed roads in the province of El Oro, one of the main producers of the fruit along with Guayas and Los Ríos. The voices of protest and claim for the crisis that the sector is going through due to the fruit that has stopped...
Posted On 14 Apr 2022
, By
off

Russian closure racks up $30.8 million loss for local bananas

The banana industry continues adding losses, due to the commercial complications that have been generated as a result of the war between Russia and Ukraine, both countries, before the war, absorbed up to 25% of the exported fruit. According to an update of figures from the...
Posted On 13 Apr 2022
, By