The president of Ecuador, William Lasso, dissolved the National Assembly (Congress) before the serious political crisis. Likewise, he affirmed that he will apply the “cross death” to call elections. “It is not possible to move forward, solve the problems of Ecuadorian families, face the deep challenges that insecurity and terrorism submit to us with an […]
Tag: Ecuador
Opposition in Ecuador ratifies complaint and motion of censure against President Lasso
Ecuador’s parliamentary opposition ratified on Tuesday its allegations of alleged corruption against the country’s president, the conservative Guillermo Lasso, and reiterated its motion of censure against the president at the start of a political trial for alleged embezzlement (embezzlement) in public companies. In a plenary session of the National Assembly (Parliament), to which Lasso himself […]
Keys to the political trial against the president of Ecuador
The president of Ecuadorthe right-wing Guillermo Lasso, faces three possible scenarios in the context of a political trial against him: Being dismissed, dissolving the Congress or remain in office with a Legislative dominated by the left. The unpopular president, 67, will face this Tuesday the second attempt by the unicameral Congress to remove him in […]
In Ecuador, Lasso faces a Parliament with an opposition majority due to a presidential vacancy
The President of Ecuador, William Lassowill defend himself tomorrow against the accusation of alleged embezzlement, during the beginning of a political trial of censorship in the National Assembly (Parliament), where the opposition emerged strengthened last Sunday with the appointment of the main authorities of the Chamber. The session will begin at 10:00 local time (15:00 […]
President of Ecuador presents tax reform project amid political obstacles
The President of Ecuador, William Lassoannounced this Thursday, May 11, a draft tax reform that seeks to reduce the tax burden for middle-income families and popular businesses, in the midst of political instability in the country. Said proposal was sent by the Ecuadorian government to the National Assembly of the same country as a matter […]
President Lasso of Ecuador will appear before Parliament that is processing his vacancy
The President of Ecuador, Guillermo Lasso, will appear before the National Assembly (Parliament) that is processing his impeachment trial for alleged embezzlement, the Minister of Government, Henry Cucalón, said this Wednesday, noting that the ruler will ratify there “that he has not committed any wrongdoing”. On Tuesday, with 88 votes in favor, 23 against and […]
Ecuador: Lasso faces a second vacancy motion in Congress for corruption
The opposition Congress of Ecuador resolved this Tuesday to impeach the president William Lasso for alleged corruption, in his second attempt to remove him in less than a year. With 88 votes in favor of the 116 assembly members present at the session, the Legislature gave the green light to the motion against the right-wing […]
Credit Suisse will buy Ecuadorian bonds worth US$ 1,628 million
Swiss bank Credit Suisse will buy Ecuador bonds with a nominal value of US$ 1.628 million as part of a broader refinancing operation to channel savings and promote conservation and sustainability efforts in the Andean country. The financial institution had announced last week its intention to pay cash up to US$800 million in bonds issued […]
Quito opens its underground metro amid excesses and long lines
The Quito Metro, built by the Spanish company Acciona, began its commercial operation on Tuesday with long lines to purchase tickets and still not operating at full capacity, with reduced hours and some stations still closed. The concentration of travelers to purchase their tickets at stations such as Quitumbe, in the south of the Ecuadorian […]
Ecuador: Guillermo Lasso faces three scenarios before a vacancy request
The political trial of censorship of the president of Ecuador, William Lassofaces its final stretch with three possible outcomes after the stage of presentation of evidence and witnesses by the opposition and the president’s defense, accused of an alleged crime of embezzlement (embezzlement), concluded on Wednesday. Now the Oversight Commission of the National Assembly (Parliament) […]