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Justice accepts Odebrecht’s request to restructure its million-dollar debt

Ecuadornews: The conglomerate stressed in a statement that the request for judicial recovery became the “most appropriate measure” to enable the “successful conclusion” of its financial restructuring process. The Brazilian Justice accepted the request for...
Posted On 19 Jun 2019
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Galápagos is ready to receive new attraction for tourists

Ecuadornews: Galapagos is preparing to welcome Celebrity Flora, who in addition to thinking about the welfare of its guests will mark a milestone in the development of sustainable tourism in the Insular region. Going into this boat is probably moving to a kind of paradise,...
Posted On 19 Jun 2019
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Tito, the Bambino returns with the single ‘Pega Pega’

Ecuadornews: After a while in silence, Tito, the Bambino also known as the Patron returns to the stage with his contagious song Pega pega. In an interview with the singer, he said the single will be part of his next album to be released in September. “Pega Pega Pega has a...
Posted On 19 Jun 2019
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Ecuadorian journalist Galo Arellano nominated for the second time for the Emmy Awards

Ecuadornews: “When I emigrated to #USA 18 years ago I always had as a goal to be a TV reporter, to travel the world telling stories. It never crossed my mind to aspire to a #EMMY because it was extremely distant from my reality at the time. Today I found on my desk my 2nd...
Posted On 19 Jun 2019
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The assets of Petroecuador have a ‘provisional’ insurance

Ecuadornews: The search for a new insurer for the oil company is delayed. The authorities decided to extend the services of state-owned Seguros Sucre. It is one of the largest public companies in Ecuador but does not yet have definitive insurance. Petroecuador’s assets,...
Posted On 18 Jun 2019
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Ecuador seeks new cocoa boom

Ecuadornews: Of $ 760 million that generated shipments of cocoa and derivatives in 2018, only $ 6 million correspond to chocolate. The new policy seeks to reverse this trend. Generate new jobs, increase productivity and exports of the sector, are the objectives that the National...
Posted On 18 Jun 2019
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Balda promotes a referendum against gay marriage

Ecuadornews: Ecuadorian conservative activist Fernando Balda asked the National Electoral Council on Monday to begin collecting signatures for a referendum aimed at preventing homosexual marriage, following the ruling of the Constitutional Court that opens the door to its...
Posted On 18 Jun 2019
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Demand for passports in Ecuador rises before the proximity of vacations

Ecuadornews: The private area paid $ 2,483 million for Income Tax (IR) in 2018. Trade is the one with the highest contribution; but banks improve their pace. In 2018, the State enjoyed a high tax contribution from the private sector. Of the $ 5,319 million that the country...
Posted On 18 Jun 2019
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Less fiscal spending will impact GDP in 2019, according to the Central Bank of Ecuador

Ecuadornews: This year, the country’s economy will grow 0.2%, according to the latest estimate of the Central Bank of Ecuador (ECB). Until February, the Central estimated that GDP would grow 1.4% in 2019, but this month corrected downward the forecast, like other...
Posted On 18 Jun 2019
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Since 2017 the number of refugees in Ecuador has increased

Ecuadornews: The country’s Refugee and Statelessness Commission has accepted 54% of requests from foreigners who came to the Ecuadorian Foreign Ministry, while 30% were denied. In Guayaquil a hostel was enabled. Luis, 50 years old, lived on what the land offered him in the...
Posted On 18 Jun 2019
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