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New taxes on banks could harm users

Last Thursday, October 25, the Organic Law of Redistribution of Social Spending project was sent  under an urgent economic nature, then Friday 26, approved by the Board of Legislature (CAL for its Spanish acronym) and later transferred to the Commission of Economics. The rule...
Posted On 29 Oct 2012
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SUMA Movement will participate in the 2013 Elections

The appeal made by the movement of Mauricio Rodas, Sociedad Unida Mas Accion (SUMA), was accepted by the Electoral Contentious Court (TCE for its Spanish acronym), thus allowing the movement to participate in elections of February 2013. “The TCE has just notified the...
Posted On 29 Oct 2012
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Annabella Azin: Alvaro Noboa is at a disadvantage

According to statements made to Ecuador Inmediato, Alvaro Noboa’s wife, Dr. Annabella Azin, declared that her husband’s decision to return to Ecuador and accepting the presidential candidacy appointed by PRIAN, is being analyzed. Meanwhile, negotiations with others politics...
Posted On 29 Oct 2012
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Taxes in Bank Profits Could Spell Trouble to Many Sectors

Francisco Alarcon, alternate representative of the Chamber of Industries of Guayaquil, said that if the the Organic Draft Law for the Redistribution of the Social Expenses is approved, it would reduce the banking capacities to grant loans, and it could also affect other sectors....
Posted On 29 Oct 2012
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Auki Tituaña is Guillermo Lasso’s binomial

Political Movement Creando Oportunidades (CREO) presented yesterday Auki Tituaña Males as the political binomial for presidential candidate, Guillermo Lasso for the upcoming 2013 elections. Tituaña, an indigenous Quechua from Imbabura, is an expert on issues of decentralization,...
Posted On 28 Oct 2012
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SP Political Party culminated their primaries

Yesterday, Sociedad Patriotica (PSP) held their primaries at the Democracy lounge of the National Electoral Council (CNE). During the working day, opened by Gilmar Gutiérrez, PSP National Director, the president of the political party was elected, also the  national assembly...
Posted On 28 Oct 2012
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Report of the Assembly Regarding Case Duzac will be Ready on Wednesday

The Prosecutor Commission of the Assembly will deliver the report the upcoming Wednesday October 31. The document initially confirmed that there weren’t enough guarantees when COFIEC delivered the loan of $ 800 thousand to the Argentinean Gaston Duzac. Yesterday, Silvia Salgado,...
Posted On 26 Oct 2012
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Correa Sends a Bill Emerging Project for the Bonus

The Ecuadorian president, Rafael Correa, sent a project of law that will be discussed as an urgent economic matter, for that the Assembly will have 30 days to study and approve it. Members of the opposition in the Assembly say that the timeframe to study the financial project is...
Posted On 26 Oct 2012
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PRIAN National Assembly Appoints Alvaro Noboa as its Presidential Candidate

PRIAN National Assembly, carried out on Thursay October 25, decided, unanimously, to appoint its leader Alvaro Noboa as the presidential candidate for the party. Also, the assembly decided to wait a period of 10 days for Alvaro Noboa to accept the candidacy and  for the alliences...
Posted On 26 Oct 2012
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Jimmy Jairala confirms support to Correa

The prefect of Guayas and leader of the Movimiento Centro Democratico believes that because “with the government we have an excellent relationship,” because the president is “closer” and because personally thinks that “we must support Rafael...
Posted On 26 Oct 2012
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