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The Argentine crisis contaminates Ecuador’s bonuses

Ecuadornews:   Argentina is having a bad time. This week, the government of Mauricio Macri began talks with the International Monetary Fund (IMF) to request a loan in order to prevent an economic crisis in the face of the deep devaluation of the peso against the dollar in...
Posted On 11 May 2018
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Tax credit of the Exit currency tax will be replaced with monthly refund

Ecuadornews:   The elimination of the tax credit benefit of the exit tax  will be replaced with the monthly refund of this tax to exporters. The director of the Internal Revenue Service (IRS), Leonardo Orlando, confirmed this Thursday, March 10, 2018, that the economic...
Posted On 11 May 2018
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The Constitutional Court is not immune to the evaluation

Ecuadornews:   They are on their way to leave no stone unturned in the last decade. The Council of Transitional Citizen Participation gave a sample that for this organism there are no untouchables and decided to initiate the evaluation process to the nine judges of the...
Posted On 10 May 2018
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The pension fund is guaranteed until 2035

Ecuadornews:   The pension fund is guaranteed until 2035 Within a line of optimization of resources, the social security entity studies to reduce by at least $ 60 million the expenses for the purchase of medical supplies. The president of the Ecuadorian Social Security...
Posted On 10 May 2018
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Roque Moreira Cedeño assumes the general command of the Armed Forces

Ecuadornews:   The command of the Ecuadorian Armed Forces changes its name. Executive Decree 390 was appointed on Wednesday, May 9, 2018 as general commander of the Army to the division general, Roque Apolinar Moreira Cedeño. He will replace General Edison Narváez Rosero who...
Posted On 10 May 2018
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Chancellor says Assange is still without internet

Ecuadornews:   The Ecuadorian Minister of Foreign Affairs, María Fernanda Espinosa, confirmed today that the founder of Wikileaks Julian Assange remains without internet and that the diplomatic and legal efforts with the United Kingdom are followed to find a solution....
Posted On 10 May 2018
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The real estate market lives a ‘truth’ of prices

Ecuadornews:   The prices of leases in real estate continue to fall and buying housing or premises for rent is becoming less attractive in Guayaquil and the rest of the country, whose real estate market continues to live tough times, but at the same time sobering....
Posted On 10 May 2018
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Criminal Court of the CNJ sentenced Capaya to 10 years in prison for illicit enrichment

Ecuadornews:   A Criminal Court of the National Court of Justice (CNJ) sentenced Carlos P. Y., former Minister of Hydrocarbons, to 10 years in prison, for the corruption case of Petroecuador, in the context of the trial hearing for the alleged crime of illicit enrichment....
Posted On 10 May 2018
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Ana Katuska Drouet: ‘We want to boost leadership position in the aquaculture sector’

Ecuadornews:   The aquaculture sector has had an increase in its production and exports in recent years, with an annual growth of 7.5% in 2017, doubling the rate of the national economy, reported Ana Katuska Drouet, Minister of Aquaculture and Fisheries, in the framework of...
Posted On 10 May 2018
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Andean Community responds to request from Ecuador and suspends resolution on customs tax

Ecuadortimes:   Andean Community responds to request from Ecuador and suspends resolution on customs tax The General Secretariat of the Andean Community admitted Ecuador’s request and suspended on Tuesday the effects of Resolution 1999, Ecuadorian Foreign Ministe...
Posted On 09 May 2018
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