Tag: Ecuador

• Thursday, July 20th 2017 - 21:19 UTC

  Ecuador steps down from OPEC's agreement to cut output: need of fiscal funds

  

  Ecuador will not honor the Organization of Petroleum Exporting Countries’ (OPEC) agreement to cut oil output, Ecuador’s Oil Minister Carlos Perez said this week. The country, one of OPEC’s 14 member countries, is rethinking its commitment to drop oil production to 522,000 barrels a day.

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• Friday, April 7th 2017 - 12:18 UTC

  Ecuador's ruling party accepts a recount of votes as demanded by the opposition

  

  In a surprise move, Ecuador’s ruling party, Country Alliance, has called for a recount of the votes cast in the weekend’s presidential election. Its candidate, Lenin Moreno, had won the election by the narrowest margin, with 51.16% of the vote.

• Monday, April 3rd 2017 - 08:05 UTC

  Incumbent candidate winning in Ecuador's presidential runoff

  

  Socialist candidate Lenin Moreno had a slim lead Sunday in Ecuador’s presidential runoff, setting up a tense wait for the final count in a race that could change the political map of Latin America.Moreno, the designated heir to a decade of President Rafael Correa’s “21st-century socialism,” had 51.07% of the vote to 48.93% for conservative ex-banker Guillermo Lasso, with 94.2% of districts reporting, said the National Electoral Council.

• Thursday, February 23rd 2017 - 09:49 UTC

  Ecuador presidential run off next 2 April confirmed by electoral authorities

  

  Ecuador's electoral commission has formally ruled that a runoff election will be needed to choose a successor for socialist President Rafael Correa. The body's announcement on Wednesday confirms its earlier indication that ruling party candidate Lenin Moreno and conservative former banker Guillermo Lasso will face off in an April 2 vote.

• Tuesday, February 21st 2017 - 09:13 UTC

  Delay in releasing electoral results triggers turmoil in Ecuador

  

  Tension mounted as vote counting in Ecuador's presidential election dragged into a third day on Tuesday, with supporters and opponents of outgoing President Rafael Correa trading heated accusations. With the last ballots trickling in from Sunday's election, ruling party candidate Lenin Moreno had a little over 39% of the votes and an almost 11-point lead over conservative Guillermo Lasso, a former banker who finished second.

• Monday, February 20th 2017 - 10:05 UTC

  Incumbent candidate leading in Ecuador election but run off seems inevitable

  

  Former Vice President Lenin Moreno, a leftist advocate for the disabled who was paralyzed in a 1998 robbery attempt, was leading in Ecuador’s presidential election Sunday, but was at risk of falling just short of avoiding a runoff on April 2. Moreno, 63, is the close ally of outgoing President Rafael Correa, under whom he served as vice president from 2007 to 2013.

• Monday, February 13th 2017 - 09:33 UTC

  OAS Observation Mission Begins Deployment in Ecuador for General Elections

  

  The Organization of American States Electoral Observation Mission (OAS/EOM) to the general elections and referendum that will be held in Ecuador on February 19 began its deployment this week.

• Wednesday, December 14th 2016 - 15:24 UTC

  Double taxation: Ecuador, Italy sign agreement to foster private investements

  

  Ecuador signed an agreement with Italy to define the tax obligations of the citizens of the two countries, in order to avoid double taxation on income taxes and equity and prevent tax evasion, the Ecuadorian Foreign Ministry said.

• Thursday, December 1st 2016 - 14:39 UTC

  An “ordinary” request: Correa asks all his ministers to hand in their letters of resignation

  

  Ecuadorian President Rafael Correa has called for the resignation of all his ministers, “an ordinary practice” as the Executive is set to evaluate the state of things, the National Secretariat of Communication (Secom) said Wednesday.

• Tuesday, October 18th 2016 - 08:31 UTC

  WikiLeaks claims Assange's internet was shut down; possible controversy over Hillary's speeches

  

  Anti-secrecy group WikiLeaks said on Monday that its founder Julian Assange's internet was shut down by the government of Ecuador, deflecting blame from the U.S. or British governments which have sparred with Assange for releasing sensitive material.