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Ecuadornews:   The government of President Lenin Moreno today expressed his “deep concern” and “his strongest condemnation” for the growing violence in Nicaragua that has caused at least 273 deaths and hundreds of wounded. In an official statement,...

Ecuadornews:   The medical care provided by the Ecuadorian Social Security Institute (IESS) to retirees, housewives, people with disabilities and catastrophic illnesses are expenses that must legally be covered by the State. But the State has not canceled these attentions...

Ecuadornews:   By means of an executive decree, President Lenin Moreno reformed the rules of application of the Hydrocarbons Law to give way to the signing of contracts for oil exploration and exploitation through the participation modality, indicated the Ministry of...

Ecuadornews:   Shortly after they were added to the file of the fiscal investigation investigating the kidnapping of Fernando Balda, dozens of documents declassified by the National Secretariat of Intelligence (Senain), the private prosecutor presented documents that would...

Ecuadornews:   Not only is it the largest public company in the country. Petroecuador is also one of the largest lenders in the State. In addition to providing immediate credits to the Government, the oil company ‘borrows’ from entities for the sale of fuels,...

Ecuadornews:   For the participants of 69 complementary pension funds whose administration was assumed by the State in 2014, it was a “seizure“. Now they denounce that there is a “corrupt management”, although the authorities defend the results. The...

Ecuadornews:   The decrease in public investment and current spending are the main causes. In 8 days the deadline for the President to veto the economic law expires. “The economy seems to be getting cold,” said Anna Ivanova, who led the mission of the...

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:   Although it was the same defense of Rafael Correa who requested that his client expand his version of the case investigating the kidnapping of Fernando Balda, in Colombia, the Ecuadorian former president did not attend the proceedings due to “lack of...

Ecuadornews:   The president of the National Assembly (parliament) of Ecuador, Elizabeth Cabezas, said today that the recently presented draft of the Organic Law on Capital Recovery aims to recover at least 35,000 million dollars diverted from the country in illicit...