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Ecuadorian Government Will Control the Press

The government proposal to control the media won with a difference of 176,492 votes of the referendum on May 7. The plan to create a council to regulate the contents of the media won with a 3,333,480 votes which is equal to %44,6 for the “Yes,” the “No” had 3,156,988 which...
Posted On 16 May 2011
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Selling Flowers Dropped Due To Carriage and ATPDEA

According to the Association of Flower Producers and Exporters (Expoflores), on the eve of World Mother’s Day in the United States, first destination of Ecuadorian flowers, exports dropped about 5%, while in Europe it rose 15%. Last year, the U.S. imported about 5,772 tons...
Posted On 12 May 2011
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Bananera Representative Rejects SRI Assessment

During a television broadcast, Fernando Alarcón, legal representative of Exportadora Bananera Noboa, exposed his comments regarding the declarations of Carlos Marx, head official of the SRI, in national broadcast of the Ecuadorian Government on Wednesday 4 May 2011. On April 22...
Posted On 10 May 2011
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Chevron lawsuit: U.S. judge Rejects Petition

U.S. judge, Lewis Kaplan, temporarily blocked the enforcement of an environmental lawsuit in Ecuador against Chevron, he rejected applicants’ petition to get him out of the case. The district judge rejected the accusations that say he took sides in the lawsuit and called their...
Posted On 10 May 2011
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National Brewery Dispute Entered Its Final Stage

Richard Espinosa, Minister for Industrial Relations, announced yesterday that his minister is ready to execute the decision of the Twelfth Civil Judge of Guayas, Pedro Iriarte, who ordered the payment of USD 90.9 million for arrear utilities by the National Beer (CN in Spanish)...
Posted On 06 May 2011
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Chevron Plaintiffs ask U.S. Judge to Withdraw From the Case

Communities in the Ecuadorian Amazon, who have a long lawsuit against Chevron due to environmental contamination, have filed a motion for recusal against the judge who takes part of the lawsuit in the United States. “Any objective observer would conclude t...
Posted On 27 Apr 2011
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Correa: The Elimination of ATPDEA will not Affect Employment

This morning, President Rafael Correa, confirmed that the final phase of the Andean Trade Preference U.S. (ATPDEA) would not cause unemployment in Ecuador and said tax compensation to both employers and producers. Correa said: “I assure you will not lose a single job for...
Posted On 25 Apr 2011
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Chevron Filed a Lawsuit to Block Failure in Ecuador

U.S. oil company Chevron announced today an amendment to a lawsuit in a New York court, which seeks to prevent the recognition and enforcement of a ruling against the company due to environmental damage in Ecuador. Chevron said there was “new evidence of fra...
Posted On 21 Apr 2011
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New Trading Currency Will Be in Circulation in Azuay City

The UDI (Unit for Solidarity Exchange), will be a new coin to circulate in the parish of Sinincay, 10 minutes from Cuenca. The new currency is expected to be launched the first week of May. The bill will serve only for business transactions in that place and it will be worth a...
Posted On 18 Apr 2011
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Affected by ATPDEA will Benefit with a New National Incentive Plan

Ecuadorian President, Rafael Correa, approved the immediate implementation of a National Plan of Incentives for all sectors affected by the failure to renew the Andean Trade Preference System (ATPDEA) said yesterday the Minister of the Production Coordinator, Nathalie Cely. This...
Posted On 15 Apr 2011
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