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The fund of conflicts

Ecuadornews: Forty months after the process of transferring to Biess began, of the administration of unemployment and retirement funds, the Teacher Unemployment Fund is the only one that faces various problems and there is still discontent due to its management in part of the...
Posted On 10 Sep 2018
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Little use of new forms of contracting in Ecuador

Ecuadornews: After almost four months of entering into force, the Ministry of Labor records that barely 4% of labor contracts correspond to new forms of contracting by sector. Before they were 1%. The minister of this portfolio, Raul Ledesma, acknowledged that this percentage is...
Posted On 10 Sep 2018
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The ITT fills barrels with water

The jewel in the crown has fissures. The extraction of oil in the Yasuní natural park presents complications that raise the price of hydrocarbon production. For each barrel, for the separation of liquids, you can raise the price by about a dollar and a half. Daily, according to...
Posted On 10 Sep 2018
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La Favorita prepares $ 750 million investment for 5 years

Implementation of technology and software development locally, opening and adaptation of premises, expansion of distribution centers, increase of inventory of merchandise, purchases of small, medium and large Ecuadorian producers, clean and renewable electric generation are some...
Posted On 10 Sep 2018
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Prosecutor will make charges against Ricardo R. for money laundering

Ecuadornews: For the 20th of this month, the hearing to formulate charges for the alleged crime of money laundering was set against Ricardo R., the former vice president’s uncle, Jorge G., in the corruption case of Odebrecht. The diligence was convened for November 27...
Posted On 10 Sep 2018
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Chevron: the repetition threatens the correísmo

Ecuadornews: A ‘defense’ more political than technical brings new problems to the country. The government of Lenin Moreno warns of a millionaire judicial setback in the arbitration filed by the Chevron-Texaco oil companies against the State and is already thinking of...
Posted On 07 Sep 2018
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Moreno presents in Japan an Ecuador “open to the world” to attract investment

Ecuadornews: The president of Ecuador, Lenin Moreno, said today in Tokyo that his country is going through a new stage of “opening to the world” to attract foreign investment, and highlighted the potential of sectors such as housing, energy or infrastructure. Moreno...
Posted On 07 Sep 2018
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Agreements in five cities of Ecuador to recycle used oils

Ecuadornews: The recycling of used oils is promoted by five municipalities, a prefecture and eight private companies. This public and private management, through agreements, prevents these residues from contaminating rivers and water sources. According to data from the Quito...
Posted On 07 Sep 2018
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Super puts the personal stamp on prices

Ecuadornews: In August, four consecutive months of negative monthly inflation were interrupted, although annual deflation decreased its downward trend in one year. And there are responsible for that. In addition to the lemon, the green and ripe banana, the chicken, the prepared...
Posted On 07 Sep 2018
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Government warns legal actions against Rafael Correa in Chevron case

Ecuadornews: This Friday, September 7, 2018, at 08:00 in Ecuador, it is expected that the arbitral tribunal of The Hague will make known the partial ruling in the million-dollar case that Chevron filed against the country. The government warned on Thursday that it will request...
Posted On 07 Sep 2018
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