Acosta: “This is the moment to cut taxes”

Analyst Alberto Acosta Burneo claimed that the current economic situation is complicated, “the recession is already installed in the country, we have two consecutive quarters of contraction, the IMF’s perspective is that the economy contracts at less than 0.6% this...
Posted On 07 Oct 2015
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Labor and tax laws continue to weigh heavily on the competitiveness of Ecuador

Ecuador is not Switzerland, but they again share the ranking. The European country is the first in the list that measures the Global Competitiveness Index and Ecuador ranks 76 out of a total of 140 countries. This year, the country has reappeared in the report prepared by the...
Posted On 30 Sep 2015
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Ecuadorian exports of products to Spain declined a 24,6% in July

Imports from Ecuador to Spain have added 49.9 million euros ($ 56.2 million) in July, representing a decrease of 24,6% compared to July 2014, announced the Ministry of Economy and Competitiveness in a report. The document also indicates that Spanish exports to Ecuador stood at...
Posted On 21 Sep 2015
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Police officers linked to drug trafficking are arrested

Cases of police officers who allegedy have been seduced by drug trafficking networks are increasing. The latest was resported yesterday in Guayaquil. During an operation two agents in active service were arrested for alleged links with drug shipping abroad. The head of the...
Posted On 17 Sep 2015
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A ton of marijuana is seized in Esmeraldas

A shipment of 27 jute bags, inside which 505 packages with 981 200 grams of marijuana were found, was seized in a drug operation yesterday in the San Mateo parish. Police reported that the cargo was being transported on a truck from the Borbon village in the north of Esmeraldas,...
Posted On 17 Sep 2015
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Alberto Acosta talks about the right to resistance

Alberto Acosta, former president of the Constituent Assembly, in an interview with Ecuavisa said that in the Constitution of Montecristi “no romanticisms nor decisions of Alberto Acosta or Rafael Correa” were included, he said that the important thing is that...
Posted On 15 Sep 2015
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Herreria: “in the country a regulatory structure that guarantees impunity has been created”

      The former lawmaker Enrique Herreria, director of the Observatory of Rights and Justice, when commenting on the powers of the Comptroller General, said that the country has established a regulatory structure -organic too- which guarantees impunity for those...
Posted On 15 Sep 2015
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Social organizations are preparing for mobilization of September 16

For next Wednesday, September 16 a new demonstration called by social, trade union and indigenous organizations against government policies is being prepared. They also evaluate different measures to be implemented in October and November in order to prevent the enacment of the...
Posted On 09 Sep 2015
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Ecuador’s Political Eruption

By: MARTIN PALLARES QUITO, Ecuador — There is a strange connection between volcanoes and political crises in Ecuador: They seem to erupt together. According to Pedro Cieza de León, who chronicled the Spanish conquistadors’ arrival in the Incan Empire, when Pedro de Alvarado...
Posted On 01 Sep 2015
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Price of the “spot” banana box falls

The devaluation of the ruble, the Russian currency, has led the “spot” banana box (without contract between the producer and exporter) to $ 3.50. According to exporters, that has been one of the causes for the Ecuadorian producer to receive less than the stipulated in...
Posted On 28 Aug 2015
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