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GamaTV lost $ 5 million for broadcasting weekly addresses

Ecuadornews:   In the largest studio of the Gama TV channel, the general manager of Public Media Andrés Michelena reported that both Gama TV and TC Television had losses of around $ 23 million. For this reason, as of November 14, GamaTV and EcuadorTV will merge. In about...
Posted On 25 Oct 2017
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Lenín Moreno strips the work of Correa

Ecuadornews:   Works that end up costing more than twice the amount budgeted. The government released yesterday information on the problems found in 640 works inherited from the administration of former president Rafael Correa. Complementary works that exceed 600% of the...
Posted On 25 Oct 2017
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6 years in prison for Carlos Pareja Yannuzzelli, Marco Calvopiña and Diego Tapia for unlawful association

Ecuadornews:   Former Minister Carlos Pareja Yannuzzelli, Marco Calvopiña, and Diego Tapia were sentenced to 6 years imprisonment for unlawful association in Court No. 208 of the Northern Judicial Complex in Quito, at 00:00 on Wednesday, October 25. By taking advantage of...
Posted On 25 Oct 2017
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The case of Fernando Villavicencio concerns the IACHR

Ecuadornews:   The Rapporteur for Freedom of Expression of the Inter-American Commission on Human Rights (IACHR), Edison Lanza, expressed concern about the legal situation of activist Fernando Villavicencio, who has published journalistic articles in the Ecuadorian and...
Posted On 25 Oct 2017
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Government eases regulation of foreign NGOs

Ecuadornews:   Foreign non-governmental organizations (NGOs) operating in Ecuador no longer have legal prohibitions to participate in activities of political interference and/or proselytizing. Executive Orders 16 and 739, which were issued in 2013 and 2015, respectively,...
Posted On 25 Oct 2017
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Ecuador seeks to renegotiate oil contracts with companies in China and Thailand

Ecuadornews:   Ecuador is seeking to renegotiate oil contracts with companies in China and Thailand, which gave money to the country in exchange for the oil production until 2024. The agreed terms cause losses to the state. Petroecuador Manager Byron Ojeda said that the...
Posted On 25 Oct 2017
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$ 22 billion is the cost of presold crude

Ecuadornews:   It is extremely high value. Ecuador still has to deliver some 500 million barrels of oil for eight presale contracts with companies from China and Thailand. That amount, at the present, represents about $ 22,000 million, considering that each barrel stands at...
Posted On 25 Oct 2017
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The Solicitor General´s Office analyzes contracts awarded to Governor´s companies

Ecuadornews:   Two months after the contracts awarded to the companies whose shareholders are the Governor of Manabí Mariano Zambrano Sr. and his son Mariano Segovia Jr., who is a Legislator, came to light, the Solicitor General’s Office initiated an analysis on the...
Posted On 25 Oct 2017
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Ecuador expressed “dissatisfaction” by statements of Argentina ambassador

Ecuadornews:   Tuesday, Ecuador expressed its “rejection and dissatisfaction” for statements considered offensive by the Argentine ambassador in Quito, Luis Alfredo Juez, against Ecuadorians. Deputy Foreign Minister Lourdes Puma, expressed “the emphatic...
Posted On 25 Oct 2017
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640 of 737 public works have problems

Ecuadornews:   After a study, the Government identified 640 works featuring financial, technical and legal problems. Authorities of the National Secretariat for Planning and Development (SENPLADES), the Works Procurement Service (Secob) and the Ministry of Transport and...
Posted On 25 Oct 2017
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