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The failed alliance with PDVSA leaves a millionaire struggle

Ecuadornews:   The times of romance were left behind. Venezuela and Ecuador no longer share common goals or development plans. Now they find themselves in the middle of economic struggles and the possibility of an external arbitration. Petroamazonas and Petróleos de...
Posted On 02 Jul 2018
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Special areas, with incentives after eight years of slow progress

Ecuadornews:   The doubling of the years of exemption from income tax which will go from five to ten years- and the possibility of having an Income tax of 10 points lower than the rest of the productive sector since the eleventh year are two of the largest incentives that...
Posted On 02 Jul 2018
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Assembly raises the reserve on documents of Gabela case

Ecuadornews:   The National Assembly, with 103 affirmative votes, approved the lifting of the reservation of all documents related to the case of the murder of the former general Jorge Gabela and the purchase of the DHRUV helicopters. The Legislative also urged the...
Posted On 29 Jun 2018
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Ecuador will receive US $ 50 million from Germany and Norway for rainforest conservation

Ecuadornews:   The Minister of the Environment, Tarscio Granizo together with the holders of the Norwegian Climate and Environment State portfolios and the Economic Cooperation and Development of Germany, Ola Elvestuen and Stefan Schmitz, respectively signed an agreement for...
Posted On 29 Jun 2018
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Effects to giant tortoises for eruption of the volcano in Galapagos are discarded

Ecuadornews:   Authorities ruled out on Thursday, June 28, 2018, possible effects on giant turtle colonies and a population of land iguanas on Isabela Island, in the Galápagos archipelago, following the eruption of the Sierra Negra volcano. This was reported by the Galapagos...
Posted On 29 Jun 2018
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Assistance to Ecuador for $ 7 million comes from the United States

Ecuadornews:   An offer of cooperation that borders the $ 7 million and the “renewal” of bilateral relations was the immediate effect left by the visit of the Vice President of the United States, Mike Pence, to Quito. His passage through the country was brief....
Posted On 29 Jun 2018
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Foreign sail boats adorn the ports of Guayaquil

Ecuadornews:   Crews from eight nations remain since yesterday at four docks in the city as part of an event that takes place every four years in Ecuador. Along the Simón Bolívar jetty, at the height of the Yacht Club Naval, dozens of citizens stood with the flags of...
Posted On 29 Jun 2018
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Fumigations with glyphosate cause worry at the border

Ecuadornews:   Organizations demand respect for the 2014 agreement and that Colombia report its actions to eradicate illegal crops and the limits to do so. Colombia committed to the United States to halve its coca plantations until 2023. This goal is included in the...
Posted On 29 Jun 2018
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The barrel of oil can reach $ 90

Ecuadornews:   The sustained commitment of US President Donald Trump to stop Iran’s oil exports could help boost oil prices above $ 90 a barrel. “We are in a very attractive oil price environment and our opinion is that oil will reach $ 90 by the end of the...
Posted On 29 Jun 2018
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US Senators ask Vice President Pence to “press” Ecuador for Assange case

Ecuadornews:   A group of US Senate Democrats urged the vice president of that nation, Mike Pence, to “press” the government of Ecuador, commanded by President Lenin Moreno, on the asylum granted to the founder of WikiLeaks, Julian Assange, at the Embassy Ecuador...
Posted On 29 Jun 2018
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