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García: “There is willingness to change the Capital Gains law”

Ecuadornews:     The president of the Advisory, Productive and Tax Council and Minister of Industries Eva Garcia said that President Lenin Moreno would have the final decision on the application of the 13 proposals made by the productive sector. Many proposals have been...
Posted On 01 Sep 2017
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The President prepares the scenario for the referendum

Ecuadornews:     The Legislative bloc of Alianza PAIS paves the way to analyze the scope of a possible referendum call, a week after the opposition sectors raised their proposals. Yesterday afternoon, the legislators had a meeting to discuss this point. The possibility...
Posted On 31 Aug 2017
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Anti-Corruption Commission Guayas Chapter demands the resignation of President of the Judicial Council Gustavo Jalkh

Ecuadornews:     The National Anticorruption Commission, Guayas Chapter, requested this morning in Guayaquil the resignation of the president of the Judicial Council Gustavo Jalkh and demanded the Prosecutor´s Office to investigate the content of the emails leaked and...
Posted On 31 Aug 2017
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President Lenin Moreno traces his own ‘path’ without following the guidelines left by the previous government

Ecuadornews:     President Lenin Moreno took office on May 24, 2017, an is currently outlining his own government agenda, despite his predecessor Rafael Correa left him written actions to follow. And that new ‘style’ of government was outlined in the...
Posted On 31 Aug 2017
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Criticism to projects of Rafael Correa, one of the marks of the first 100 days of Lenin Moreno´s government

Ecuadornews:     In his first 100 days in office, President Lenin Moreno has marked differences and even opposed the policies and actions of the government of Rafael Correa, although both are part of the Alianza PAIS (AP) coalition. In some cases, Moreno has expressed...
Posted On 31 Aug 2017
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Odebrecht paid kickbacks to obtain contracts in the Pacific Refinery

Ecuadornews:     The National Court of Justice asked the Interpol to track and capture Venezuelan citizen Freddy Salas Neuman. This foreigner served as a technical manager of the Pacific Refinery and a director of PDVSA in Ecuador. On August 29, Salas, who was an...
Posted On 31 Aug 2017
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Illicit association carries related offenses

Ecuadornews:     On the decision taken by prosecutor Diana Salazar to link Vice President Jorge Glas in this case, his lawyer, Franco Loor, said that “the media lynching influenced judicial decisions.” Loor added that to have a correct resolution in this...
Posted On 31 Aug 2017
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Glas, a victim of Montecristi

Ecuadornews:     Vice President Jorge Glas has said he will fulfill his term. He has no functions and does not intend to resign, although he was linked to the Odebrecht case for an alleged illicit association. His uncle Ricardo Rivera and others are under investigation...
Posted On 31 Aug 2017
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Oil ‘will save’ the 2018 accounts

Ecuadornews:     The goals are moderate and are already set. Today, the Legislature will approve this year´s State Budget, which totals 36,818 million dollars. The authorities expect to take the next step and define the scenario of 2018. They say, there will be changes...
Posted On 31 Aug 2017
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The greatest economic activity that is generated in the country the banana

Ecuadorians, banana farming is the economic activity that generates more jobs in Ecuador. It’s not oil; it’s not shrimp, it’s not coffee or cocoa. If the banana industry were to fail, more than two million people would remain unemployed in the country, and...
Posted On 30 Aug 2017
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