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Ecuador cancels austerity plan in a bid to end unrest, 14 Oct
President Lenin Moreno will repeal the International Monetary Fund-backed measure, known as Decree 883, that included a significant increase in fuels. Indigenous leaders, in turn, will call on their followers to end 12 days of protests and street blockades. ...The news came as talks concluded in the capital, Quito, between Moreno and groups including the Confederation of Indigenous Nations (CONAIE).
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Mercosur released a statement, along with Peru, Colombia and Chile, saying: "We endorse the efforts made by Ecuador's government to maintain peace, public order and democratic institutions by using the instruments provided by the constitution and the law." The bloc, which consists of Brazil, Argentina, Uruguay and Paraguay, added: "We condemn acts of violence and attempts to destabilize the country, its institutions and the Ecuadorian democratic process."
Ecuador arrests prefect after Moreno cancels austerity plan, 14 Oct
Ecuadorian authorities detained Pichincha Prefect Paola Pabon and other current and former officials, prosecutors announced Monday. Police also seized computers, telephones and documents. Pabon posted a video of the arrest to her Facebook page.

Prosecutors didn't elaborate on their reasons for arresting Pabon. However, over days of protests initiated by indigenous groups, President Lenin Moreno (center in photo) and surrogates accused his predecessor, Rafael Correa, and Venezuelan officials of conspiring with regional authorities and Colombia's FARC guerrillas to destabilize Ecuador.

The president alleged that Correa, Pabon, former Constituent Assembly member Virgilio Hernandez, who was also arrested, and others had traveled "at the same time a few weeks ago to Venezuela" -- which he does not consider "a coincidence." Correa and Venezuelan President Nicolas Maduro have mocked Moreno's assertions.

Ecuador's Moreno announces tax reform after rolling back fuel price hike, 18 Oct
"The proposal includes a new tax on companies with annual revenue of more than $1 million, which he said would raise about $532 million over three years. ..."

Diversity is the key to economic and political evolution.
by Cat on Sun Oct 20th, 2019 at 01:58:34 AM EST
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