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The bread-producing sector is concerned for the increase on the price of the quintal of flour. As of last Monday the new price is $42, a week ago the quintal of flour was worth $37. Nicolas Lara, the president of the Bakers Union of Guayaquil, stated that milling companies...

Impatient small and medium banana producers are expecting a second round of fruit purchase from the government in the same previous mode, through the collection center Mariscal Sucre, in Guayas province. Farmers have sold few banana clusters to the Ministry of Agriculture,...

The prices of the Ecuadorian consumers increased by 0,26%, this is a rapid growth since on June the inflation was 0,18% according to the statistics. Prices increased rapidly during the end of 2011, in the beginning of 2012 the heavy rains destroyed the harvests and this increased...

This morning a Sucumbios court provided that the U.S. oil company, Chevron to pay the sum of $19,000 million to resign equivalent goods free of duties such amount within 24 hours. This ruling is founded on a conviction for environmental damages in the Ecuadorian Amazon, which...

This afternoon a member of the draft section of the Vanguardia magazine, in the north of Quito stated that some people that identified as employees of the ministry of Labor Relations accompanied by police officers said to turn off everything. Afterwards the ministry employees...

This year due to the financial crisis that Ecuador has suffered increased the economic tensions. The recent resolution of the Central Bank demands that financial entities delegate more money to the Liquidity Fund to reduce the capacity of banks to give credits and boost the...

The low prices along with the higher requisites to harvest and the new taxes and work reforms in Ecuador have caused that several small banana producers lose several hectares of their product. This year many banana producers started receiving $5,50 per banana crate, now the only...

The Oil Company, Petroamazonas, will launch a new drilling system, since next August, for oil extraction, which seeks to increase production and reduce environmental impact. Petroamazonas drilling manager, Moisés Cevallos, said in an interview with EFE, that the technique is 96%...

Today the small and medium banana producers of El Oro accepted the government announcement of buying banana clusters at $3 for those with over demand. They believe this commitment would start working during next week. Agricultures still don’t know with exactitude how the entire...

Starting tomorrow, the purchase of banana excess from small and medium banana producers, will begin at $ 3 per cluster. This measure was adopted as part of the eight-week banana emergency declared by the Government. The news came after a meeting between the advisor to the...