Tag: Ecuador

Wednesday, January 30th 2019 - 09:33 UTC
Ecuador issues 10-year sovereign bonds at 10.75% yield

Ecuador’s finance ministry said it had placed about US$1 billion in 10-year sovereign bonds in the international market. Proceeds from the 10.75% bonds will be used to strengthen the country’s reserves and help fund this year’s budget which has financing needs of about US$ 8 billion, the ministry said in a statement.
Monday, January 28th 2019 - 09:09 UTC
Ecuador planning IMF support to balance the budget and implement reforms

Ecuador may use financing from the International Monetary Fund (IMF) to balance its budget, as the South American country seeks to reduce a swollen fiscal deficit and its international debt, the finance minister admitted on Friday.
Saturday, December 22nd 2018 - 15:31 UTC
Ex FARC still active guerrilla leader Guacho shot dead by Colombian forces

Walter Patricio Arizala, a.k.a. “Guacho,” the FARC dissident behind the kidnapping and murder of three journalists from Quito's El Comercio newspaper, died Friday during an operation of the Colombian security forces in the jungle of Llorente, in the Tumaco municipality of the south-western department of Nariño, near the border with Ecuador, President Iván Duque announced.
Wednesday, December 12th 2018 - 10:29 UTC
Otto Sonnenholzner becomes Ecuador's new vicepresident with 94 Assembly votes

The Guayaquil-born Otto Sonnenholzner Sper took office on Tuesday as Vice-president of Ecuador, after being chosen by the National Assembly from a shortlist put forward by President Lenin Moreno.
Friday, December 7th 2018 - 14:52 UTC
Ecuadorian President Lenín Moreno asks Assange to leave London embassy

After the United Kingdom has guaranteed that the founder of Wikileaks will not be extradited to the US, President Lenín Moreno invited Julian Assange to leave Ecuador's embassy in London, because his time of asylum in the diplomatic building after six years is about to run out.
Wednesday, December 5th 2018 - 09:24 UTC
Ecuadorean vice president resigns following allegations of illegal funding

Ecuador's Vice President Maria Vicuna announced her resignation on Tuesday, one day after President Lenin Moreno relieved her of duties amid an investigation into payments she received as a legislator years ago.
Tuesday, November 20th 2018 - 11:54 UTC
Chinese hospital ship provides relief to needy Ecuadorians

A Chinese medical support ship docked off Guayaquil is becoming essential in providing free medical care to Ecuadorians in need of it, it was reported.The Peace Ark's arrival “has been a great blessing,” said the daughter of a 75-year-old woman who received sight-saving cataract surgery.
Saturday, November 10th 2018 - 09:13 UTC
Ecuador's ex president Correa denies having requested asylum in Belgium

A lawyer for former Ecuadoran president Rafael Correa denied a report on Thursday that he had requested asylum in Belgium as he faces prosecution at home over a kidnapping case.
Thursday, November 8th 2018 - 17:58 UTC
Former Ecuadorean President Correa ordered to stand trial on kidnapping charges

Ecuadorean Judge Daniela Camacho Thursday ruled that former President Rafael Correa (2007-2017) is to stand trial for his alleged inolvement in the kidnapping of politician Fernando Balda in 2012 in Bogotá.
Wednesday, October 24th 2018 - 09:13 UTC
Ecuador changes policy towards Assange: “it is a matter to be resolved between Wikileaks founder and UK”

Ecuador does not plan to intervene with the British government on behalf of WikiLeaks founder Julian Assange to negotiate a way for him to leave the country's embassy in London, where he has lived under asylum since 2012, Ecuador's foreign minister said on Tuesday.