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Trade deflates in its role of employer, according to the IMF and the WTO

Global trade is the cause of unemployment in some sectors and countries, but this can be mitigated by investing in education, labor market flexibility, and social policies, according to the International Monetary Fund (IMF), the World Bank (WB) and the World Trade Organization...
Posted On 11 Apr 2017
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10 economic sectors plummeted and eight grew in 2016

  Ecuador ended 2016 with a contraction of its Gross Domestic Product (GDP) of a 1.5%, according to the macroeconomic report of the Central Bank of Ecuador (BCE for its Spanish acronym). It is the first time in 17 years of dollarization that the economy records a recession....
Posted On 11 Apr 2017
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Cedatos is investigated for ‘stealing’ its own data

The indictment against three Cedatos officials, detained on Friday, did not thriver in the Office of the Public Prosecution. They were released after providing their version but the investigation of the case will continue. For lack of evidence, Judge Diana Tapia did not give way...
Posted On 11 Apr 2017
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Seven media are sued by the Ecuadorian government

Seven media face a claim filed by the Superintendency of Communication (Supercom) for not replicating a publication of the Argentine newspaper Pagina 12 on an alleged ‘enrichment’ of the presidential hopeful of the CREO party, Guillermo Lasso, through “49...
Posted On 11 Apr 2017
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The recount of votes did not alter the electoral figures according to the CNE

The recount of 296,340 votes requested by the CREO-SUMA alliance did not alter the electoral result of the presidential binomial made up of Lenin Moreno and Jorge Glas (AP), who won 51.15% of the national vote. This was revealed by the president of the National Electoral Council...
Posted On 11 Apr 2017
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The Police evicted the protesters in the streets surrounding the CNE and enabled the traffic

The dawn of Tuesday, the National Police evicted the protesters near the National Electoral Council (CNE), located on the 6 de Diciembre Avenue, in the north of Quito. According to photographs spread on social networks, the operation was carried out by a group of police officers...
Posted On 11 Apr 2017
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Guillermo Lasso reacts against the Government in a statement

Through his Twitter account, the former presidential hopeful of the Creo-SUMA alliance Guillermo Lasso again referred to the recount of votes of runoff and responded to the alleged intimidation against him, and against some media and companies that would have denounced the...
Posted On 11 Apr 2017
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Marches in Quito, Guayaquil, and Ambato continue for the eight-day

  Monday the main cities of the country marched in protest of what they consider a “fraud” in the last presidential elections of April 2, an accusation defended by the presidential candidate of the CREO movement, Guillermo Lasso. The sit-in outside the National...
Posted On 11 Apr 2017
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