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Ecuador Economy News. Service for global professionals. Constantly updated news and information about Ecuador.
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Latest Ecuador Economy News

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  • OPEC output steady, citing worries about economy as it grapples with oversupply (AF-OPEC-Meeting) 23 Dec 2009 01:36 GMT
    ... OPEC output steady, citing worries about economy as it grapples with oversupply (AF-OPEC-Meeting) LUANDA, Angola ... Arabia, described them as "perfect, perfect," while Ecuador´s oil minister, Germanico Alfredo Pinto Troya, said ...

  • OPEC output steady, citing worries about economy as it grapples with oversupply 23 Dec 2009 05:34 GMT
    ... OPEC output steady, citing worries about economy as it grapples with oversupply By: Adam Schreck ... Arabia, described them as "perfect, perfect," while Ecuador's oil minister, Germanico Alfredo Pinto Troya, said ...

  • Ecuador sees increase in 2010 tax revenues vs 2009 30 Dec 2009 22:10 GMT
    ... QUITO, Dec 30 (Reuters) - Ecuador expects to collect $7.33 billion in taxes ... tax collector, Carlos Carrasco, told reporters. The economy of this OPEC-member country has been hit by ...

  • Ecuador seeks $5bn in refinery financing 26 Dec 2009 00:12 GMT
    ... QUITO: Ecuador expects to secure $5 billion from German ... billion. Chavez and Correa, a left-leaning former economy minister, have signed agreements for other oil development ...

  • Opec keeps output quotas unchanged in bid to support prices as economy recovers 23 Dec 2009 06:10 GMT
    ... their clients.” Saudi Arabian Oil Minister Ali Naimi described current prices as “perfect, perfect”. Ecuador’s oil minister, Germanico Alfredo Pinto Troya, said prices were “good for everybody, especially producers”. ...

  • There is no going back on greater integration through free markets 30 Dec 2009 23:10 GMT
    ... The world economy has just been through a severe recession ... lead to an estimated increase in global unemployment of 39-61 million workers relative to 2007. ... coordination of related investments among firms. In Ecuador, a country that is now a successful ...

  • Winners and losers of the decade: The global edition 30 Dec 2009 19:36 GMT
    ... pundits. Brazil's big triumph was stabilizing its economy...real global influence seemed unthinkable. Today, these four ... success or failure of societies other than GDP and stock market indices may be embraced. ... up) around the hemisphere from Bolivia to Ecuador to Nicaragua and Honduras. In fact a ...

  • 'Fat One' spreads cheer 24 Dec 2009 06:35 GMT
    ... Latin American immigrants. Sabino Calderon, a 50-year-old unemployed bricklayer from Ecuador, was one of the lucky holders of ... the state lottery agency said. The Spanish economy entered into its first recession in over ...

  • OPEC casts doubt on oil market 22 Dec 2009 13:45 GMT
    ... warned of lingering weakness in the world economy and has held its emergency crude output ... growth momentum on the back of still-rising unemployment and fears that stimulus measures may come ... presidency will have been taken over by Ecuador. Oil prices rose slightly on Tuesday as ...

  • Corriente shares surge on Chinese bid 30 Dec 2009 08:04 GMT
    ... main assets are mining rights in southeastern Ecuador's Corriente copper belt. The transaction continues the ... to help supply the rapidly growing Chinese economy with primary metals, oil and gas and other ...

  • Neb.'s TierOne gets delisting warning from Nasdaq 30 Dec 2009 20:52 GMT
    ... bank indirectly owned by the government of Ecuador, has signed a consent order with federal ... about the U.S. banking industry and the economy as a whole. A batch of economic reports ...

  • Recession hits sales of Spain's 'El Gordo' Christmas lottery 22 Dec 2009 21:31 GMT
    ... Latin American immigrants. Sabino Calderon, a 50-year-old unemployed bricklayer from , was one of the ... wife and my children who live in Ecuador," he told reporters at the lottery office ... highest rate in the 27-nation The Spanish economy, Europe's fifth biggest, entered into its worst ...

  • OPEC warns of weak recovery for oil market 22 Dec 2009 22:52 GMT
    ... warned of lingering weakness in the world economy and held its emergency crude output quotas ... industrial production, low private consumption and high unemployment, the conference once again decided to maintain ... presidency will have been taken over by Ecuador. Oil prices fell slightly on Tuesday after ...

  • 155th (Extraordinary) Meeting of the OPEC Conference 23 Dec 2009 10:30 GMT
    ... Pinto, Minister of Mines and Petroleum of Ecuador and Head of its Delegation. His Excellency ... recession appears to be over, the world economy remains confronted with the deepest, most wide-spread ... industrial production, low private consumption and high unemployment, the Conference once again decided to maintain ...

  • Betrayal and Failure (Part II) 23 Dec 2009 14:18 GMT
    ... Outlook" suggests a nation in decline, eventual hyperinflation, possible bankruptcy because of a greater national ... to militarize the continent and intimidate Venezuela, Ecuador, Bolivia, and other center-left governments, the move ... the door to a new, clean energy economy." Polluters love it and with good reason. ...


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