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.
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.
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.
UK Minister for the Americas Hugo Swire MP, met with the new Ecuadorean Foreign Minister, Guillaume Long, in London on Monday to discuss assistance in the aftermath of the deadly earthquake that struck the Andean country in April.
The massive bribery scandal that has enraged Brazilians and pushed President Dilma Rousseff to the verge of impeachment is just one flashpoint among many right now across Latin America, according to a piece from The Washington Post.
President Rafael Correa announced Wednesday night that he is raising sales taxes and will charge a one-time levy on millionaires to rebuild cities devastated by Ecuador's worst earthquake in decades. In a televised address, Correa said damages from the 7.8-magnitude quake will likely run into the billions of dollars, adding to already heavy economic hardships triggered by the collapse in world oil prices.
Aid began to flow in Sunday to areas devastated by Ecuador's strongest earthquake in decades and the death toll continued to rise as people left homeless hunkered down for another night outside in the dark.
Ecuadorian state-owned energy firm Petroamazonas EP, which is looking to boost production at nine of its existing oil fields and on Monday signed a series of investment deals amounting to US$ 1 billion for those areas, enlisting the help of both domestic and foreign companies.
Ecuador President Rafael Correa said that his government was “tired” of pushing OPEC to decrease output and that the nation would keep working as if the oil cartel “did not exist.”
Fundamedios, an Ecuadorian organization that defends freedom of expression, is now the one in need of defense, as it faces state-mandated closure. On Tuesday, September 8, its directors reported that they had received a letter from the National Communications Secretariat (Secom), which informed them of the beginning “of the dissolution process” against the institution.