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Alianza País proposes to transfer 54 private funds to the Biess

Assemblymen of Alianza País proposed that 54 savings funds pass into the hands of the Bank of the Ecuadorian Institute of Social Security (Biess for its Spanish acronym), since, according to them, these will be well managed there. This reform was argued highlighting the lack of...
Posted On 01 Aug 2014
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Labor and processes codes will be analyzed after legislative recess

After the second recess of the National Assembly this year, which starts on Monday 4 and runs until August 19, there are several important laws that are pending for its analysis. Among these are the Codes of Labour, Process, and reforms to the laws of Social Security and o...
Posted On 01 Aug 2014
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Chevron must pay $ 9,500 million for environmental damage in Ecuador

The Minister of Environment Lorena Tapia said yesterday, July 30, that the oil company Chevron is condemned to grant $ 9,500 million for environmental damage in 5 million cubic meters of land in Ecuador. “We talk about a lot of territory, two provinces, Orellana and...
Posted On 31 Jul 2014
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CC determines that indigenous justice will not be used in homicide

The Constitutional Court (CC) recognized the jurisdiction of the ordinary courts for judging and punishing crimes against life (murder, manslaughter or rape) in which are involved members of an indigenous community. This was determined by the plenary of the organism in a...
Posted On 31 Jul 2014
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Monetary Code expects approval of the Executive

The validity of the Monetary and Financial Organic Code could take up to two months, according to the missing legal deadlines to meet. Although the National Assembly has just approved the legal text, on August 25, the government must punish the document. The currency code was...
Posted On 31 Jul 2014
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Secom does not respond about contract with Mcsquared PR

The Secretary of Communication of the Presidency, Fernando Alvarado Espinel, would have responded saying: “I do not answer to corrupt journalists”, to “El Universo” newspaper, when it requested via email, an interview to know further details on the...
Posted On 31 Jul 2014
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Nebot clarifies reason of Mayors visit at the solemn session of July 25

The Mayor of Guayaquil Jaime Nebot said yesterday that attendance of the Mayors of Quito, Guaranda, Samborondón, Duale, Isidro Ayora, among others, and authorities as Prefect of Azuay at municipal solemn session was because they agree with him in his defense of municipal...
Posted On 31 Jul 2014
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Agreement with European Union facilitates access to government contracts

With regard to the agreement with the European Union, Ecuador covenanted that the public contracts performed by the central state bodies, such as ministries, will have a threshold of economic protection (i.e. reserve for national enterprises), lower than sub-central entities...
Posted On 31 Jul 2014
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CNE will define 2017 election date

Over three days, the National Electoral Council (CNE for its Spanish acronym) will assess the electoral process in 2014 and will define the date of the next elections in 2017, which would be tentatively on February 19, thus was revealed by the Technical Coordinator of electoral...
Posted On 30 Jul 2014
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The veto for the Water Law will be discussed tomorrow

Tomorrow will be analyzed in the National Assembly the veto of the Executive for the Law of Water Resources, Use and exploitation of Water. The Committee on Food Sovereignty and Development of the Fisheries and Agricultural Sector proposes to yield to the objection of the...
Posted On 30 Jul 2014
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