Moreno backs down after two weeks of protests in Ecuador

After protests against austerity cuts brought Ecuador to a standstill for 11 days, President Lenin Moreno backed down. He published a tweet on Sunday, October 13 pledging to substitute the controversial austerity package (known as decree 883) with a new one that would protect citizens with fewer economic resources.  Moreno is now meeting with indigenous groups in order to agree upon ways to cut the country’s spending without inciting further protests. Ecuadorian media outlet El Comercio reported that negotiations are being mediated by the United Nations and the Ecuadorian Episcopal Conference, and a final agreement is set to be announced … Continue reading Moreno backs down after two weeks of protests in Ecuador