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National Court requests authorization to prosecute Correa

Ecuadornews:   The National Court of Justice (NCJ) requested the National Assembly authorization for the “criminal prosecution” to Rafael Correa, former president of the Republic, for the alleged crime of conspiracy in the case of kidnapping of politician...
Posted On 12 Jun 2018
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Multilateral credit to Ecuador may increase

Ecuadornews:   The tour of the finance and hydrocarbons ministers and the head of the Central Bank began on Monday, June 11, 2018, in Washington and included meetings with four multilateral organizations. These are the World Bank (WB), the International Finance Corporation...
Posted On 12 Jun 2018
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Ecuadorian Ministers initiated meetings with agencies in the United States

Ecuadornews:   The government of Ecuador again approached the International Monetary Fund (IMF) with a series of meetings in Washington with the objective of “maintaining an open dialogue channel”, after the tensions experienced with that body during the...
Posted On 12 Jun 2018
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Assembly responds that Correa can be prosecuted as any citizen

Ecuadornews:   The National Assembly has issued a statement clarifying that Rafael Correa does not exercise the Presidency of the Republic, so “it does not apply Article 120 of the Constitution, numeral 10” so, they say “the judicial authorities must...
Posted On 12 Jun 2018
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Tax forgiveness will be possible only every 15 years

Ecuadornews:   The cancellation of interest, fines and surcharges of obligations with the Internal Revenue Service and Customs was one of the proposals that generated the most debate within the Economic Development Commission. Around this measure will rotate some of the 60...
Posted On 12 Jun 2018
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Oil fluctuates before OPEC meeting

Ecuadornews:   The price of intermediate Texas oil (WTI) advanced on Monday, June 11, 0.54% and closed at $ 66.10 a barrel. The market is awaiting a decision regarding the production quotas of the countries of the Organization of the Petroleum Exporting Countries (OPEC). At...
Posted On 12 Jun 2018
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Sportsman opted for the açaí and brought it to Ecuador

Ecuadornews     On May 24, the Cultura Açaí brand celebrated two years in the Ecuadorian market and to celebrate it, a photographic exhibition was held at Sailor Coffee (Las Terrazas, Samborondón), which showed step by step the açaí process, from its cultivation,...
Posted On 12 Jun 2018
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The winding path of the correístas to the sectionals

Ecuadornews:   They do not close the door. The correísmo, now grouped in the National Agreement movement (MANA), does not rule out participating in the sectional elections of 2019, but it knows that it will not be easy. The lack of a political platform and a large number of...
Posted On 12 Jun 2018
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Court denies Glas’s appeal and confirms his six years in prison

Ecuadornews:   A court of the National Court of Justice of Ecuador denied today the appeal filed by former Vice President Jorge Glas and confirmed the sentence to six years in prison that was imposed last December. “The National Court denies appeal and confirms in all...
Posted On 11 Jun 2018
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Judge asks for the red diffusion of Interpol against former head of the Senain

Ecuadornews:   The Ecuadorian Justice calls for a global search of the former national secretary of intelligence, Pablo Romero, who is being investigated for the alleged kidnapping of politician Fernando Balda. This decision was taken by the judge of the Criminal Chamber of...
Posted On 11 Jun 2018
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