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New Monetary Code keeps dollarization

Last Thursday during the first general committee organized by the Committee on Economic System, the central bank president, Diego Martinez, said the Monetary Financial Code -sent last Wednesday to the National Assembly as urgent in economical matter- “maintains the...
Posted On 27 Jun 2014
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Spanish Congress approved gauging for King Juan Carlos

The Plenary of the Congress yesterday endorsed the gauging of King Juan Carlos and part of the Royal Family in the midst of criticism from opposition groups for the prompt processing. A very large majority of the Chamber (184 votes against 32) achieved a change in the law of the...
Posted On 27 Jun 2014
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United States plans to spend $ 500 million to equip Syrian armed groups

The White House yesterday requested to the Congress to authorize the granting of financial assistance of $ 500 million to militarily “train and equip” the armed groups that since March 2011 attempt to overthrow the constitutional President of that country, Bashar...
Posted On 27 Jun 2014
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Municipality of Quito considers that constitutional amendment does not affect its autonomy

Mauricio Rodas, Mayor of Quito, spoke yesterday about the proposed amendment of the Government on the article 264 of the Constitution concerning the powers of the municipalities in the areas of education and health. For him and Councilman Jorge Albán of Alianza PAÍS (AP), this...
Posted On 27 Jun 2014
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El Niño phenomena is highly likely to occur

The World Meteorological Organization (WMO), has issued a statement, ensuring that the probability of an El Niño phenomena between October and December to occur, is between 75% and 80%. The possibility of occurring in the third quarter of this year is 60%. “It is expected...
Posted On 27 Jun 2014
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The torture will be criminalized in Chilean Penal Code

Minister of Justice of Chile José Antonio Gómez announced this Thursday the addition of the crime of torture to the Chilean Penal Code, after recognizing it is a pending debt of the country in the framework of the International Day against Torture. “As a state of Chile we...
Posted On 27 Jun 2014
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Antipersonnel mines will no longer be used by United States

The United States have announced that it will not produce or acquire more antipersonnel mines, even to replace their current reserves as explosive devices expire. During a conference held in Maputo, capital of Mozambique, a spokeswoman for the National Security Council has stated...
Posted On 27 Jun 2014
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Maduro threatens Chavism leaders

The president of Venezuela, Nicolas Maduro, is concerned over the signs that the unrest in the country has began to infect his supporters, especially after he fired former Planning Minister Jorge Giordani, financial ideologue of deceased Hugo Chavez. According to U.S. newspaper...
Posted On 27 Jun 2014
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ReWalk robotic exoskeleton will go on sale

The U.S. government approved this Friday the commercialization of ReWalk, the first robotic exoskeleton that allows to walk with the help of an accompanying to persons paralyzed due to spinal cord injuries. “This revolutionary product will have an immediate impact for...
Posted On 27 Jun 2014
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High school students are protesting in Quito for not reach strike in Central University

High school students protested in Quito yesterday afternoon outside the Central University in Quito for not having access to this institution due to the lack of university quota. The students, most minors, assured that despite achieving the required points, they have not found a...
Posted On 27 Jun 2014
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