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Ecuadornews: The statistics of the Central Bank of Ecuador are not irrelevant statistics, on the contrary, they are sending key signals for decision-making in a decisive sector in dollarization. The trade balance report to October 2018 clearly shows which countries are buying us...

Ecuadornews: The public company Petroecuador and Amerisur Exploración Colombia Limitada signed on Wednesday, December 19, 2018, in Bogota a contract to transport Colombian crude through the Transecuadorian Pipeline System (SOTE), informed union sources. According to a...

Ecuadornews: The cost to the State for fuel subsidies has been, for at least 12 years, $ 50,975 million, says the Ministry of Finance (MEF), based on data provided by Petroecuador, in relation to the implementation in these years. Only in 2018, the cost of fuels is $ 1,707...

Ecuadornews: Employers and workers will meet this Wednesday, December 19, 2018 for the second and last time in the National Labor and Salaries Council (CNTS) to define the increase in the unified basic salary. The employer sector will come to this appointment with the proposal to...

Ecuadornews: They spent what they did not have and they indebted the government until they suffocated it,” Economy Minister Richard Martinez said from the Carondelet palace, along with Labor Minister Raúl Ledesma and the private secretary of the President, Juan Sebastián...

Ecuadornews: Australian miner Newcrest Mining Ltd increased its stake in Ecuador’s gold and copper developer SolGold Plc, moving further away from the company’s second largest investor, BHP Group. Newcrest International Pty paid 11,148 million pounds (14.06 million...

Ecuadornews: In anew indictment against the Ecuadorian American Frank Roberto Chatburn Ripalda,US justice has linked two bribery schemes that have occurred in Ecuador: thatof the state Petroecuador and that of the Brazilian construction companyOdebrecht. According to US justice,...

Ecuadornews: The strongest measure that President Lenin Moreno has taken in his 18 months of government. The decision to raise extra gasoline and Ecopaís from $ 1.48 to $1.85 per gallon is part of the economic measures announced yesterday at the Government Palace by the Minister...

Ecuadornews: In September, the agency sent the reports of Judge Henry Cáliz to the Prosecutor’s Office, where there are high-end cars. He entered the Provincial Court of Pichincha in July 2018 and denounces a persecution against him. “If you have an economic need, but...

Ecuadornews: TheE35 road, at the height of Romerillos (Mejía), looks clear, only cars are observed. This scene was different until at least two Decembers ago, when the children asked the drivers to “give them Christmas”. Begging is a social problem linked to extreme...