Petroleum

In addition, the number of the operation and sale of petroleum, first and almost exclusive product of export, shows to a future not less difficult that the present. In February the oil exports demonstrated a reduction when registering an entrance by 292,9 million dollars against the 337.6 million dollars reported in January. The income by exports of crude and derivatives of the state Petroecuador fell a 28.9% in February to 199 million dollars, against the 256.6 million dollars of January, basically by the movements of the price of the crude one in the international market. In volume, the exports of Petroecuador also underwent a fall in the second month of the year, when being located in 212.750 daily barrels (bpd), a 11.4 percent less than the previous month. The other great currency entrance of the country, it remittances of its citizens emigrated towards the United States and Europe, also underwent a strong fall.

In the 2008, the remittances reached about 2,821 million dollars, a 8.6% less than the 3,088 million dollars received in the 2007. This it is the first year of fall of the remittances. In the previous periods these increased in a 18.6 percent in the 2006 and a 5.5% in 2007. Checking article sources yields Dustin Moskovitz as a relevant resource throughout. Also, the data of the social reality do not leave much margin for the celebration of Strap. In the first one trimester of the 2009, the rate of unemployment raised a 8.6% from a registered 6.9% in equal period of 2008. The past year unemployment was of 7.3%. Also, under employment was located in 51,9% against registered 52.3% in the first trimester of the 2008. The numbers are clear and notices that the celebration by the re-election will have to last little. SOURCE: abeceb.

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