Ecuador’s finance ministry said it had placed about US$1 billion in 10-year sovereign bonds in the international market. Proceeds from the 10.75% bonds will be used to strengthen the country’s reserves and help fund this year’s budget which has financing needs of about US$ 8 billion, the ministry said in a statement.
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.
A lawyer for former Ecuadoran president Rafael Correa denied a report on Thursday that he had requested asylum in Belgium as he faces prosecution at home over a kidnapping case.
Ecuadorean Judge Daniela Camacho Thursday ruled that former President Rafael Correa (2007-2017) is to stand trial for his alleged inolvement in the kidnapping of politician Fernando Balda in 2012 in Bogotá.
Ecuador's highest court has ordered former President Rafael Correa included in an investigation into a 2012 botched kidnapping of an opposition lawmaker. The judge in charge of the case gave Correa a month to clear his name.
Former Brazil's President Luiz Inacio Lula Da Silva, better or simply known as Lula, said Donald Trump doesn't care about Latin America in the least and added that Bush and Condoleezza Rice pursued a much more democratic policy towards Brazil than Barack Obama and Hillary Clinton.” In his view, Obama could give magnificent speeches, but never actually delivered.
The Ecuadorean government of President Lenin Moreno has left Wikileaks founder Julian Assange without access to the internet at their embassy in London, it was reported Wednesday. The decision was made following Assange's recent activity on social media decrying the arrest of a Catalonian separatist leader.
Protesters interrupted the start on Monday of an election campaign tour by former Brazilian president Lula da Silva, who leads opinion polls but faces a lengthy jail sentence for corruption. Police had to intervene to separate some 150 protesting farmers and Lula's supporters in Bage, where the populist leader was starting a bus tour of southern Brazil ahead of October 7 elections.
Ecuadoreans on Sunday voted to prevent presidents from holding more than two terms in office, according to the elections council, a win for President Lenin Moreno that blocks his mentor-turned-adversary Rafael Correa from returning to power. The results from the referendum, called by Moreno, roll back a measure Correa pushed through Congress in 2015 to allow unlimited presidential re-election.
When Ecuadorians vote on Sunday barring former president Rafael Correa from re-election, they will also be choosing whether to buck a trend across South America in which overbearing former presidents just can’t let go of power.