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Ecuadornews: It was the Assembly presided by Fernando Cordero which, with the electoral reform of February 2012, enshrined the injustice in the system of political representation in Ecuador. The use of the D’Hondt method (a method of distributing parliamentary seats that...

Ecuadornews: Ecuador, the smallest member of the Organization of Petroleum Exporting Countries (OPEC), believes that an amount per barrel of crude between USD 70 and 80 is a reasonable price. Last week the price of WTI, which serves as a reference for the sale of Ecuadorian...

Ecuadornews: An Ecuadorian company sent the first shipment of traditional straw hat to the Indian city of Mumbai (Bombay). The operation was completed in September with the support of the commercial office of ProEcuador in that location. The design and manufacture of the...

Ecuadornews: Reduce the cumbersome paperwork. With that slogan, the Government announced the elimination of the Registry of Operators (ROP) and the simplification of the Registry of Importers (RIM). What implications does it have? According to the same Ministry of Production,...

Ecuadornews: The businessmen are waiting for the regulation of the Law of Productive Development to place fresh resources and take advantage of the tax benefits provided by law. Within the next 15 days, the Ministry of Finance plans to issue the regulations for the application of...

Ecuadornews: In September, the Price Index grew significantly. One of the main reasons was the increase in the price of super gasoline to $ 2.98. Thus, after twelve months of negative annual inflations, a positive inflation of 0.23% was registered last September, according to...

Ecuadornews: The Argentine Chamber of Cassation today acquitted former President Carlos Menem (1989-1999) for a crime of aggravated arms smuggling to Croatia and Ecuador between 1991 and 1995 for which he had been previously sentenced to seven years in prison, they reported...

Ecuadornews: The President of the Republic Lenin Moreno will be this Friday in Guayaquil for the signing of two types of oil contracts. The bidding for four oil fields that are part of the Oil & Gas process (Cuyabeno, Oso, Yuralpa and Blanca-Vinita). And the modifying...

Ecuadornews: The government’s budget deficit continues to fall according to the Central Bank’s forecasts. The country will end the year with a deficit of $ 4,380 million, a less dramatic figure than that of – $ 6,142 million with which it closed 2017. Meanwhile,...

Ecuadornews: Former agent Diana F., one of the four people prosecuted for the kidnapping of politician Fernando Balda, was threatened by another prisoner in the women’s prison in southern Quito, where she is being held. The incident took place around 9:30 p.m. on Thursday,...