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The superintendence of Banks and the Biess to examination by pension funds

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...
Posted On 13 Jul 2018
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Ecuador faces slowdown in its economy

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...
Posted On 13 Jul 2018
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Claimants of Chevron celebrate as “historic” Constitutional ruling

Ecuadornews:   Constitutional Court of the country, which yesterday rejected an extraordinary appeal for protection filed in 2014 by the US oil company. In a press conference, the plaintiffs claimed that more than 25 years have passed to reach the “historic” day...
Posted On 12 Jul 2018
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The Petroecuador case was reactivated

Ecuadornews:   Under the direction of the national criminal court composed of Judges Richard Villagómez (speaker), Daniella Camacho and Édgar Flores, on Wednesday, July 11, the cassation hearing was set for sentencing for the crime of bribery, in the case of corruption in...
Posted On 12 Jul 2018
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Gabela Commission reviews secret files

Ecuadornews:   This is the third time that the murder of General Jorge Gabela will be investigated. But it is the first time it will be based on documents that were considered confidential or secret. Those who will access the declassified documentation will be seven assembly...
Posted On 12 Jul 2018
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Seven extraditables in cases of Petroecuador

Ecuadornews:   The United States has not responded favorably to any request for Ecuador’s formal extradition since 2003. Since that year, requests have been made to recover Ecuadorian fugitives who would be in that country. The president, Lenin Moreno, presented on...
Posted On 12 Jul 2018
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Prosecutor’s office takes more versions before closing Balda case instruction

Ecuadornews:   Six days after the closing of the fiscal investigation stage, which investigates the presumed kidnapping of activist Fernando Balda in Colombia, more than twenty people, including some of the accused and former officials of former President Rafael...
Posted On 12 Jul 2018
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Amagua and Senagua, linked to two involved with Inassa

Ecuadornews:   Two names close in Ecuador the triangle of corruption due to water management investigated in Spain and Colombia since April 2017. This is Edmundo Rodríguez and Diego García Arias, a Spaniard and a Colombian, listed as former administrators of one of the...
Posted On 12 Jul 2018
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The budget shrinks $ 601 million

Ecuadornews:   Little by little. Gradualism is the path chosen by the Minister of Economy and Finance, Richard Martinez, to adjust public spending. This is a mechanism to reduce the State step by step and not to wreak havoc in the economy that include mass dismissals of...
Posted On 12 Jul 2018
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US Department of State says there were no ‘threats’ or ‘imposition’ on health issues to Ecuador

Ecuadornews:   The US Department of State for Western Hemisphere Affairs denied that Ecuadorian ambassador to Ecuador, Todd Chapman, or any person affiliated with the US Embassy in the country has threatened trade sanctions or withdrawal of security cooperation to Ecuador....
Posted On 12 Jul 2018
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