Tag: Lenin Moreno

• Monday, February 25th 2019 - 09:09 UTC

  Ecuador reaches an agreement with IMF and will receive US$ 4.2 billion

  

  Ecuador and the International Monetary Fund (IMF) staff have reached an agreement on a set of policies to underpin a US$4.2 billion (435% of quota and SDR3.035 billion) arrangement under the IMF’s Extended Fund Facility (EFF). This arrangement, which is subject to IMF Executive Board approval, would provide support for the Ecuadorian government’s economic policies over the next three years.

• Monday, January 28th 2019 - 09:09 UTC

  Ecuador planning IMF support to balance the budget and implement reforms

  

  Ecuador may use financing from the International Monetary Fund (IMF) to balance its budget, as the South American country seeks to reduce a swollen fiscal deficit and its international debt, the finance minister admitted on Friday.

• Wednesday, December 12th 2018 - 10:29 UTC

  Otto Sonnenholzner becomes Ecuador's new vicepresident with 94 Assembly votes

  

  The Guayaquil-born Otto Sonnenholzner Sper took office on Tuesday as Vice-president of Ecuador, after being chosen by the National Assembly from a shortlist put forward by President Lenin Moreno.

• Monday, December 10th 2018 - 05:30 UTC

  Ecuador expects to renegotiate debt with China; president off to Beijing

  

  Ecuador plans to renegotiate the terms of its debt to China, President Lenin Moreno said ahead of a trip to Beijing, adding that a deal with the International Monetary Fund (IMF) for additional financing was possible.

• Friday, December 7th 2018 - 14:52 UTC

  Ecuadorian President Lenín Moreno asks Assange to leave London embassy

  

  After the United Kingdom has guaranteed that the founder of Wikileaks will not be extradited to the US, President Lenín Moreno invited Julian Assange to leave Ecuador's embassy in London, because his time of asylum in the diplomatic building after six years is about to run out.

• Wednesday, December 5th 2018 - 09:24 UTC

  Ecuadorean vice president resigns following allegations of illegal funding

  

  Ecuador's Vice President Maria Vicuna announced her resignation on Tuesday, one day after President Lenin Moreno relieved her of duties amid an investigation into payments she received as a legislator years ago.

• Saturday, October 20th 2018 - 13:14 UTC

  Assange cries humanitarian grounds and sues Ecuador over living conditions

  

  “Julian Assange launched a case Friday accusing the government of Ecuador of violating his fundamental rights and freedoms,” read a WikiLeaks statement. The case has been slated to be heard in a domestic court next week.

• Friday, October 19th 2018 - 18:15 UTC

  Ecuador, Venezuela sever diplomatic ties due to improper accusations

  

  The government of President Lenin Moreno Thursday expelled Venezuela's ambassador in Quito and the Nicolás Maduro regime hit back by ordering the Ecuadorian chargé d'affairs out of Caracas. Ambassador Carol Delgado was sent back to Venezuela and Ecuador's Elizabeth Mendez was ordered to leave Caracas.

• Wednesday, July 25th 2018 - 05:20 UTC

  Ecuadorean president visits UK; speculation about a deal on Julian Assange's future

  

  Ecuador has said its president will not discuss the future of Julian Assange during a visit to the UK. Lenin Moreno was scheduled to speak in London and later travel to Scotland to the University of Edinburgh. He will also address businessmen interested in investing in Ecuador.

• Saturday, June 30th 2018 - 14:54 UTC

  Pence urges Latin America to isolate Venezuela which is falling to “dictatorship, deprivation and despair”

  

  U.S. Vice President Mike Pence urged Latin American countries to help isolate crisis-stricken Venezuela, an ideological adversary of Washington that is struggling under a severe and prolonged economic crisis.