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The opposition takes the lead

Ecuadornews:     Making laws is not easy nor quick. Albeit, the opposition ‘takes the lead’ in submitting bills. The three opposition teams: the Social Christian-Madera de Guerrero Party (PSC-MG), the CREO-SUMA coalition and the National Integration bloc,...
Posted On 02 Jun 2017
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The wall of the linear park generates unease on the Ecuador – Peru border

Ecuadornews:     A large wall that forms part of a linear park is taking shape along the international channel of Zarumilla. Its height looks more like a barrier that prevents to see what happens in Huaquillas and Aguas Verdes, the Peruvian population on the southern...
Posted On 02 Jun 2017
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The Quito Cables project is a priority for Mauricio Rodas

Ecuadornews:     During a public accountability act, held on Wednesday, May 31, the mayor of Quito Mauricio Rodas reported that the Quito Cables system “will be a reality.” Rodas mentioned that the importing process of the electromechanical equipment...
Posted On 02 Jun 2017
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“We are working on trade agreements with Korea, Japan and India”

Ecuadornews:     Foreign Trade Minister Pablo Campana said that the main challenge he faces is working in conjunction with the private sector. In addition, resources are sought to settle outstanding incentives with exporters. And mechanisms are analyzed to deduct the...
Posted On 02 Jun 2017
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The Odebrecht operation leaves 5 detainees in Ecuador

Ecuadornews:   This morning, during the Odebrecht operation, the Prosecutor’s Office and special police groups detained five people: one in Quito, one in Latacunga and three in Guayaquil and Daule, in the Guayas province. Ecuador’s deputy prosecutor Thania Moreno...
Posted On 02 Jun 2017
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Brazilian Justice keeps track of Odebrecht in Ecuador

Ecuadornews:     Odebrecht hints in Ecuador lead to the construction of the San Francisco hydroelectric plant. In 2016, the Brazilian Ministry of Justice requested the certified copies of 71,300 sheets of the trial for embezzlement, initiated in Ambato against the...
Posted On 01 Jun 2017
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The Issfa talks about $ 440 million receivable

Ecuadornews:   The State owes $ 140 million to the Social Security Institute of the Armed Forces (Issfa), and the Ministry of Defense (as a trustee) $ 140 million, thus adding $ 440 million to its “accounts receivable.” The figures were published in the...
Posted On 01 Jun 2017
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Carlos Perez: “We learned that oil prices are not fixed”

Carlos Perez is the new Minister of Hydrocarbons and spoke with daily Expreso to explain how the contracts and conditions former President Rafael Correa left pending will be renegotiated. – What is the state’s debt to private companies? – The carrying amount is...
Posted On 01 Jun 2017
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Fundamedios lists a total of 445 dissolved organizations

EcuadorNews: The figures are impossible, says the group. Fundamedios managed to account for at least 445 civil society organizations that have been dissolved following the enforcement of controversial executive decrees No. 16 and 739. In an investigation released yesterday, the...
Posted On 31 May 2017
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A debt of $ 2 billion in the first bond issue of Lenin Moreno’s government

EcuadorNews: Ecuador placed new foreign debt for $ 2 billion, after six days of the inauguration of President Lenin Moreno, according to a bulletin issued this afternoon by the Ecuadorian Ministry of Finance. The placement was made in two tranches of $ 1 billion each. The first...
Posted On 31 May 2017
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