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Team Ecuador wins two gold and one bronze medals in Cochabamba

Ecuadornews:   The Ecuadorian team that represents Ecuador in the XI South American Games Cochabamba 2018, added two gold medals in their participation today a bronze one. Jonathan Martinetti managed to add a gold medal for Ecuador in the sailing test, male sunfish modality....
Posted On 29 May 2018
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In Ecuador, the creation of a soccer complex is being promoted with the support of FIFA

Ecuadornews:   The Ecuadorian Soccer Federation, chaired by Carlos Villacís, signed a loan agreement for 50 years with the Municipality of Daule on Monday for a piece of land for the construction of a soccer complex that has the support of FIFA. Villacís highlighted the...
Posted On 29 May 2018
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Gibraltar court rules in favor of Chevron in litigation over Ecuador again

Ecuadornews:   The Civil Division of the Supreme Court of Gibraltar ordered to compensate the US oil company with a sum of 38 million euros. Chevron in a lawsuit that has been in the courts for several years in several countries as a result of a complaint of environmental...
Posted On 28 May 2018
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Odebrecht: Polit will be judged for concussion

Ecuadornews:   The former Comptroller of the Rafael Correa government, fugitive in Miami, Carlos Polit, will be tried today for concussion in the Odebrecht case. The former official will be tried in absentia along with his son John, who appears every 15 days before the...
Posted On 28 May 2018
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The foreign service of Ecuador will be reduced by 10%

Ecuadornews:   Foreign Minister María Fernanda Espinosa announced that there will be a 10% reduction in the number of accredited officials at embassies and consulates abroad. “This is part of the austerity decree and, in some cases, a little bit more (of 10%), and...
Posted On 28 May 2018
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Coffee growers in Ecuador reached US $ 1.16 million in sales expectations

Ecuadornews:   Eight Ecuadorian companies promoted their offer of exportable coffee at the Specialty Coffee Association of America (SCAA) in the city of Seattle, United States, the largest and most important coffee industry worldwide. The event counted with around 14 500...
Posted On 28 May 2018
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VAT will be returned to construction inputs

Ecuadornews:   The Government makes a nod to the builders by offering incentives that motivate them to build more social housing in the country and, with this, help accelerate the recovery of the sector, one of the hardest hit in the last years of recession. In the bill...
Posted On 28 May 2018
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Livestock farming facing the challenge of weighing on the economy

Ecuadornews:   Livestock in Ecuador is an activity that, despite occupying 68% of agricultural land, does not contribute significantly to the country’s economy (it only represents 11% of agricultural GDP), which partly reflects low efficiency and competitiveness...
Posted On 28 May 2018
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Offers for oil and gas fields will be received this May 29, 2018

Ecuadornews:   The interest of private companies to invest in four oil fields and one of natural gas will be known tomorrow (May 29, 2018). These areas are part of the round called Oil & Gas, the second that drives the Government. The public company Petroamazonas will...
Posted On 28 May 2018
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Petroecuador conceals errors even in its motor park

Ecuadornews:   There is no clean place. The public oil company Petroecuador, adds another pole of irregularities. Its motor park was used without control or planning during the government of former president Rafael Correa. In total, until last year, the company had 1,099...
Posted On 28 May 2018
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