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Ecuadornews:   State-owned Petroecuador yesterday received offers to buy Ecuadorian crude with prices higher than West Texas Intermediate (WTI), in the fourth spot sale made in this government. Yesterday the opening of envelopes of eight companies that delivered their offers...

Ecuadornews:   A new front was opened between DP World Posorja and the companies that will be its competitors for the cargo. The company of dubaiti origin, which was delegated the competence to build and manage the deepwater port of Posorja, is accused of circulating a...

Ecuadornews:   Two names close in Ecuador the triangle of corruption due to water management investigated in Spain and Colombia since April 2017. This is Edmundo Rodríguez and Diego García Arias, a Spaniard and a Colombian, listed as former administrators of one of the...

Ecuadornews:   Little by little. Gradualism is the path chosen by the Minister of Economy and Finance, Richard Martinez, to adjust public spending. This is a mechanism to reduce the State step by step and not to wreak havoc in the economy that include mass dismissals of...

Ecuadornews:   In June 2015, the company Heflin S.A. sold to the state oil company 464 pairs. Each one was valued at $ 141, but in the market they cost $ 58. Two reverse auctions were made. The cases of corruption do not stop splashing Petroecuador, in purchases that would...

Ecuadornews:   Financing has become a headache for the Government. The external situation, with high interest rates, has complicated the task of acquiring debt at a reasonable cost, through the issuance of bonds in the capital market, one of the main sources of funds in...

Ecuadornews:   Nine universities and the Municipality of Guayaquil received the Treasury Certificates that are issued by the Ministry of Finance to cover outstanding obligations of the State. More than $ 11,588 million in placements of Treasury Certificates was examined by...

Ecuadornews:   Saudi Arabia and Russia agreed to increase productivity to slow the rise in the barrel of oil and offset the losses in Libya and Venezuela. The price of oil rose this Tuesday, July 10, due to various factors due to the uncertainty caused by the possible lack...

Ecuadornews:   The Comptroller General of the State issued the second report with criminal responsibility against former President Rafael Correa, on the issue of public indebtedness. Comptroller Pablo Celi announced on Monday that this agency found evidence of criminal...

Ecuadornews:   Details and indications of where to improve for investment to grow in the country are uncovered, after the president of the National Brewery, Sergio Rincón, told EXPRESO that they need tax equity to invest $ 424 million, in five years. If this need is not met,...