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Texas Intermediate oil (WTI) fell yesterday to $ 59.52 a barrel, in a further decline (0.73%) from the maximum annual recorded last Wednesday in the New York Mercantile Exchange (N ymex). While in the London market, a barrel of Brent crude closed at $ 62.61, ie 2.01% less than...

Migrants residing in Europe transferred to their home countries in 2014 about 109,400 million dollars, according to a report by the International Fund for Agricultural Development (IFAD). “We must ensure that the hard-earned money can be transferred at the lowest price, but...

Although more products are sold, these are billed for less. Low international prices of raw materials affect Ecuadorian exports. In the case of shrimp, it is exported in an increased volume (until April this year), but revenues are lower compared to the first four months of 2014....

Since May 30 the Tuenti operator of the Telefonica multinational brand, sells SIM cards valued at $ 5 in supermarkets, appliance retailers, grocery stores and service stations nationwide. The virtual mobile operator offers various prepayment services, including voice minutes,...

According to data released yesterday by the Economic Commission for Latin America and the Caribbean (ECLAC), the movement of containerized cargo in ports of Latin America and the Caribbean grew 1.3% during 2014. Ecuador is among the three highest ranked countries in 2014 by 7.9%,...

The capital gains tax has always existed. A few years ago the percentage was 42%. Governments lowered that percentage to 10% and gave municipalities the power to change it. Now with the new measure to the capital gain, the Government intends to charge a 75% tax on...

Through a circular letter, the Superintendency of Banks allows insurance companies to receive as counterguarantees from their customers, those of personal type (promissory notes or bills of exchange), provided that the insured amount does not exceed $ 500,000. A few days ago it...

“There is a reduction of investment by home buyers,” said Carlos Repetto, vice president of the Chamber of Construction of Guayaquil to daily Expreso, referring to the series of measures recently taken and announced by the national government. Regarding the market of...

From January to April, the deficit of the trade balance (difference between exports and imports) stood at 1,201 million dollars according to the Central Bank of Ecuador (BCE). Shipments totaled 6,423.37 million dollars in the first four months, while orders that were brought from...

The price of a barrel of Light Sweet Crude (WTI) for July delivery gained $ 1.29, reaching $ 61.43 on the New York Mercantile Exchange (Nymex). Traders celebrated a sharp drop in crude stocks in the United States, although they moderated their enthusiasm for a new increase in...