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The protesters are demanding that Moreno reinstate fuel subsidies that were rescinded after $4.2 billion in loans were agreed with the International Monetary Fund.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

Costa Rica Researchers Convert Waste Into Food

Costa Rican researchers are turning to fungi as a possible answer to one of our country’s most urgent environmental problems: what to do with...

Costa Rica’s Laura Fernández Names Rodrigo Chaves Minister of Presidency

President-elect Laura Fernández named outgoing President Rodrigo Chaves as minister of the Presidency and minister of Finance on Tuesday, giving her predecessor one of...

Trump Says He Would Not Pay $1,000 for U.S. World Cup Opener

President Donald Trump said in an interview published Thursday that he would not pay the $1,000-plus ticket price for the United States' first World...

Costa Rica Declares Green Alert at Poás Volcano Amid Increased Activity

Costa Rica’s National Emergency Commission declared a green alert for Poás Volcano National Park after a recent increase in eruptive activity, while clarifying that...

Dollar Exchange Rate Near â‚¡458 as Rainy Season Begins in Costa Rica

Costa Rica entered the first days of May with the dollar still hovering near historic lows, keeping pressure on tourists, foreign residents and retirees...

Shakira Draws Two Million Fans to Historic Copacabana Beach Concert

Latin pop queen Shakira delighted crowds of two million that packed Rio's famed Copacabana beach under a full moon Saturday, delivering fan-favorite hits and words...
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel