No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeLatin AmericaEcuadorViolent protests in Ecuador over fuel price hike

Violent protests in Ecuador over fuel price hike

Protesters in Ecuador threw projectiles at riot police Wednesday in a second day of violent protests over a fuel price hike ordered by the government to secure an IMF loan.

The violence broke out as thousands of people representing indigenous groups, farmers and labor unions marched on a square in downtown Quito near the government headquarters.

After clashes broke out in the area Tuesday, the government of President Lenin Moreno posted security forces there to keep the march from reaching the plaza.

Protesters on Wednesday broke off from the main procession and hurled rocks at riot police, who fought back with volleys of tear gas.

The protesters are demanding that Moreno reinstate fuel subsidies that were rescinded after $4.2 billion in loans were agreed with the International Monetary Fund.

His government has held talks with protest groups but the march proceeded anyway.

On Tuesday, clashes between security forces and protesters broke out near Congress and demonstrators — many of them indigenous men armed with sticks and whips — surged through a security cordon and into the building.

They rushed into the meeting room and occupied the podium, but were soon evicted by security forces.

Moreno subsequently ordered an overnight curfew to protect public buildings. He declared a state of emergency over the nationwide protests last week.

The demonstrations broke out after increases of up to 120% in fuel prices came into force on October 3.

They have so far left one civilian dead and 77 people injured, the majority of them security forces, the government said. A total of 477 people have been detained.

Dialogue and production losses

Discussions with leaders of the powerful indigenous umbrella organization CONAIE took place in Guayaquil, some 170 miles (270 kilometres) southwest of the capital.

“There is dialogue with the brother indigenous peoples who unfortunately have needs”, Moreno said.

He also offered to free up resources for those hit hard by the rise in fuel prices.

Several days of protests against the fuel price hike have slashed the South American country’s oil output by a third, according to the Energy Ministry.

Production losses at the state-owned Petroamazonas will reach 165,000 barrels per day, the ministry said in a statement. Ecuador, which exited the OPEC international oil cartel last week citing economic constraints, normally produces 531,000 barrels per day.

International support

Moreno had accused his predecessor and ex-ally Rafael Correa along with Venezuelan President Nicolas Maduro of an “attempted coup d’etat.”

He said they were using “indigenous groups, taking advantage of their mobilization to plunder and destroy,” accusations Maduro dismissed as absurd.

Moreno has drawn support, however, from seven Latin American countries that, in a joint statement, rejected any effort by Maduro and his allies to “destabilize” Ecuador.

All seven — which include Argentina, Brazil and Colombia — have right-wing governments that see Moreno’s moderate socialist administration as an important regional ally against Venezuela.

‘No coup,’ Correa says

Correa, meanwhile, called for early elections and denied he was attempting to oust Moreno.

“There’s no coup here. Conflicts in democracy are resolved at the polls,” the Belgium-based Correa said in a video published on social media.

Moreno scrapped fuel subsidies as part of an agreement with the International Monetary Fund to obtain loans despite Ecuador’s high public debt.

The subsidies were costing the government $1.3 billion a year.

The IMF agreement, signed in March, allowed Ecuador to borrow $4.2 billion.

Trending Now

FIFA Says Demand Is Driving Prices As World Cup Ticket Costs Skyrocket

From almost $900 for the opening game to over $8,000 for the final, match tickets are far from cheap for the World Cup which...

U.S. Embassy in Costa Rica Starts WhatsApp Channel

The U.S. Embassy in San José has established a dedicated WhatsApp channel to provide U.S. citizens with timely safety and security information while in...

Costa Rica Fashion Week Debuts in Arts Festival Lineup

Costa Rica Fashion Week marks its 25th edition by aligning with the International Arts Festival, blending runway shows with broader cultural offerings for the...

Costa Rica, Nicaragua Strike Deal to Combat Border Gold Smuggling

Costa Rican and Nicaraguan officials met at the Peñas Blancas border crossing today to address the growing problem of illegal gold mining along their...

New York Times Picks Costa Rica as Prime Spring Break Spot

The New York Times has included Costa Rica in a list of five spring break destinations aimed at families looking for warm weather and...

Oil Price Surge from Middle East Conflict Raises Concerns for Costa Rica’s Economy

Oil prices climbed sharply this week as fighting in the Middle East intensified, with U.S. and Israeli strikes on Iran prompting retaliatory actions that...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica