Saturday 12 June 2021

Ecuador President Strikes Deal To Cancel Austerity Package and End Protests

QUITO, Ecuador — Thousands of Indigenous and student protesters celebrated their victory over the government of Ecuador on Monday by clearing the streets of the capital of debris, following an agreement to cancel an economic austerity package that had ignited 11 days of protests that left at least seven dead and more than 1,000 injured.

Riot police faced demonstrators protesting against Ecuador President Lenin Moreno’s austerity measures, in Quito, Ecuador, on Sunday.CreditCreditIvan Alvarado/Reuters

The agreement between President Lenín Moreno and Indigenous leaders late Sunday night concluded a weekend of violence that included fires in the capital, Quito, and attacks by masked protesters on news outlets and the national auditor’s office.

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Moreno instituted a curfew and ordered the army to take control of public places, but explosions and clouds of tear gas engulfed much of the city Sunday afternoon.

The demonstrations had threatened the stability of the government of Moreno. He was forced to balance demands of the Indigenous protesters, whose opposition has contributed to the downfall of three modern presidents, and those imposed by the International Monetary Fund as a condition for a US$4.2 billion loan to shore up the country’s finances.

Continue reading at the New York Times …

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