Tag: Ecuador protests

• Friday, December 20th 2019 - 09:46 UTC

  IMF releases loan tranche to embattled Ecuadorean government

  

  The International Monetary Fund on Thursday approved a delayed loan tranche for Ecuador, releasing nearly US$500 million under a three-year aid program. The IMF board gave the go-ahead for a US$4.2 billion loan in March to help support the oil-rich nation's economic reforms, but massive protests led by indigenous groups erupted in October when President Lenin Moreno scrapped fuel subsidies, causing gasoline prices to soar.

• Monday, October 21st 2019 - 09:40 UTC

  Ecuador resumes oil exports after days of violent protests

  

  Ecuador on Sunday said it had resumed crude oil exports curbed by violent protests that forced several wells in the Amazon to halt operations.

• Monday, October 14th 2019 - 09:56 UTC

  Peace in Ecuador: Government and protestors strike a deal; sharp rise in fuel prices suspended

  

  President Lenin Moreno and leaders of Ecuador's Indigenous peoples struck a deal late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead.

• Saturday, October 12th 2019 - 10:13 UTC

  Ecuadorean president ready for direct talks with protestors to halt violence

  

  Ecuador's President Lenin Moreno on Friday proposed direct talks with indigenous leaders after deadly protests against fuel price hikes stretched into the 10th day. “It is essential to stop the violence,” Moreno said in a brief address on television. “I call on the leaders to talk directly with me.”

• Tuesday, October 8th 2019 - 09:54 UTC

  Clashes in Ecuador as big march approaches Quito to protest rising fuel prices

  

  Hundreds of indigenous people and farmers clashed with Ecuadoran security forces on Monday as they marched toward the capital Quito to protest against rising fuel prices.

• Friday, October 4th 2019 - 09:55 UTC

  Ecuador will eliminate fuel subsidies and tighten the belt of public employees

  

  Ecuadorean President Lenin Moreno said that his government will eliminate subsidies for diesel and low-octane gasoline and create a new corporate tax as part of a package of measures to narrow the country’s fiscal deficit.