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IMF foresees a 10.9% fall in the economy of Ecuador for this 2020

The International Monetary Fund (IMF) calculates that Ecuador will have a fall of the Gross Domestic Product (GDP) of 10.9% in 2020. It is the second worst fall of the economy in the Latin American region, surpassed only by the contraction of the Peruvian economy that would fall...
Posted On 17 Jul 2020
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Rafael Correa could be sentenced in the second instance of the Bribes Case 2012-2016

Thirteen days after the Court of Appeal in the Bribes 2012-2016 case began to deliberate the arguments delivered in the 21 appeals against the sentence issued for the crime of aggravated bribery, the judges of the National Court of Justice summoned to reinstate the hearing in...
Posted On 16 Jul 2020
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Banana producers analyze stoppage of activities

The banana producers assure that their situation is increasingly unsustainable . For 16 weeks they have been receiving between $ 2 and $ 5 for the 41.5 pound box of bananas, when the minimum support price is $ 6.40. For this reason, they analyze a cessation ...
Posted On 15 Jul 2020
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Álvaro Noboa will announce whether or not he will be a candidate for the Presidency on July 28, 2020

Álvaro Noboa, leader of the Adelante Ecuatoriano Adelante (AEA) party , will announce on July 28, 2020 whether or not to accept the candidacy for the Presidency of Ecuador. This was stated on their social networks. Álvaro Noboa will announce whether or not he will be a candidate...
Posted On 14 Jul 2020
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President Moreno highlights reactivation of the country in the midst of a pandemic

On the national network, the President of the Republic, Lenín Moreno, referred to several important points raised during the week. First, the President mentioned the agreements reached with the largest group of debt holders, which will allow the release of $ 16 billion in the...
Posted On 13 Jul 2020
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Álvaro Noboa will announce on July 28 if he accepts the presidential candidacy

The businessman Álvaro Noboa announced through his social networks that on July 28 he will announce if he accepts the candidacy for the Presidency of the Republic. Álvaro Noboa will announce on July 28 if he accepts the presidential candidacy The politician referred to the issue...
Posted On 13 Jul 2020
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Álvaro Noboa would not be a candidate in the next elections and reveals his reasons

Through a video posted on his social networks, the Ecuadorian businessman Álvaro Noboa ruled out being a candidate for the Presidency of Ecuador in the next elections. Álvaro Noboa would not be a candidate in the next elections and reveals his reasons “Although the...
Posted On 10 Jul 2020
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Renegotiation started with payment of 2020 Bonds

On March 23, 2020, Ecuador marked the first milestone of the renegotiation of the debt with the cancellation of $ 341 million for payment of principal and interest on the Bonds 2020 , amid the crises of the covid-19. Renegotiation started with payment of 2020 Bon...
Posted On 09 Jul 2020
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Rafael Correa may not be a national candidate

The possibility that former President Rafael Correa is a candidate in the 2021 elections are dashed by the approval of the Regulation for Internal Democracy of Political Organizations , which requires the personal registration of each candidate. Rafael Correa may not be a...
Posted On 08 Jul 2020
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The vacancy of office spaces increases and rental prices tend to drop in Guayaquil

A lawyer, a doctor and a spa who rented spaces in the Trade Building and City Office buildings , located in the north of Guayaquil, decided to vacate the offices. The vacancy of office spaces increases and rental prices tend to drop in Guayaquil The health emergency caused by the...
Posted On 08 Jul 2020
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