Ecuadorian government studies measures for facing currency devaluation impact

Ecuador money
Ecuador money
Ecuador news magazine - Quito, Dec 22 - The president of Ecuador, Rafael Correa, noted the importance of having a national currency for managing the economy and announced that measures are being studied to solve the impact of the devaluation of the ruble and the peso, in trade with this country.

During the Citizen Link N°403, the Head of State exemplified the cases of Russia and Colombia, which have devalued its currency to overcome the crisis by low oil prices and emphasized the importance of having our own currency.

"The national currency is essential to manage the economy and especially to defend when there are changes in the international environment," Correa said.

Ecuador repatriated 4,360 heritage objects from Italy

heritage Ecuador
heritage Ecuador
Ecuador news magazine - Quito, Dec 22 - On Monday, the National Institute of Cultural Heritage of Ecuador (INPC) made the symbolic opening and presented 4360 heritage assets from Italy that were recovered by the authorities from smuggling of goods.

"We feel happiness and satisfaction because our heritage, which for decades has remained out of our country, has returned", claimed Sebastian Gonzales, president of the Technical Committee for Combating Trafficking of State Property.

At the headquarters of the INPC, in this capital, the pre- Columbian artifacts were unpacked from a wooden box and presented to the public, which were part of private collections that were identified as Norero, Pavesi, Customs-Genoa and Baronetto.

Ecuador want the big multinationals on the leash

Maria Fernanda Espinosa
Maria Fernanda Espinosa
Ecuador news magazine - Quito, Dec 22 - In order to combat abuses of transnational corporations, mainly against developing countries, Ecuador presented to the UN an initiative for the creation of a binding instrument to regulate the powers of the companies in relation to human rights and nature.

During a dialogue with Andes Agency, the Permanent Representative of this country to the United Nations (UNO) in Geneva, Maria Fernanda Espinosa, referred to the Ecuadorian nation's challenge to achieve that the proposal can be concreted in favor of the States and their respective citizens.

President Rafael Correa shared Christmas lunch with 200 seniors in Quito

lunch with the president
lunch with the president
Ecuador news magazine - Quito, Dec 22- President Rafael Correa visited on Sunday the Gerontology Center Home Corazón de María, located in northern Quito, where he shared a Christmas lunch with about 200 seniors and those who welcomed him warmly, with live music and applause.

"It is an honor to be here, at Corazón de María Foundation (...) This is the most Christian act: the sharing of bread, as Jesus did before his death," said the president.

Upon his arrival, Correa received several expressions of affection by the older adults. Between hugs and hand shakes, he greeted everyone present, who were accommodated in elegantly decorated and colorful Christmas tables.

Breaking News: Emelec champion of Ecuadorian soccer after victory against Barcelona

fans already knew the outcome
fans already knew the outcome
Ecuador news magazine - Guayaquil, Dec. 21 - With a goal of Ángel Mena and two of Miller Bolaños, Emelec won the game 3-0 against Barcelona, and became the champion of the Ecuadorian Soccer Tournament of 2014.

During the first final last Wednesday, both teams tied 1-1.

During the game, Emelec dominated the visitor team, with a fast game, directed by Gustavo Quinteros and were far superior than the team of Rubén Israel.

Ecuadorian president Rafael Correa will visit China

Rafael Correa
Rafael Correa
Ecuador news magazine - Quito, Dec 20 - The president of Ecuador, Rafael Correa, will travel to the Popular Republic of China on January 6, 7 and 8, in order to meet his first official state visit to the Asian nation and will attend a meeting in Beijing between that country and the community of Latin American and Caribbean States (ECLAC).

During the Citizen Link N°403, televised from the capital parish of Calderón, the president announced his trip, and after rejecting criticism from the opposition to bilateral ties, said his government "gives priority to relations with China."

Correa, who performed a visit to the ancient nation in 2007, emphasized that this time he will have the opportunity to meet with all the State powers.