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Ecuador Political News

Ecuador president, indigenous leaders reach deal to end protests that left 7 dead- CBS News

President Lenín Moreno and leaders of Ecuador’s indigenous peoples struck a deal late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead.

Under the agreement announced just before 10 p.m. after what the Reuters news service said were three hours of televised talks, Moreno will withdraw the International Monetary Fund-backed package known as Decree 883 that included a sharp rise in fuel prices. Indigenous leaders, in turn, will call on their followers to end protests and street blockades.

“Comrades, a deal is compromise on both sides,” Moreno said. “The indigenous mobilization will end and Decree 883 will be lifted.”

To read the full story on CBS News, click here.

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#Factsmatter: An international arbitration panel found ‘no cogent evidence’ supporting #Ecuador’s claim that #Texaco failed to comply with terms of remediation in #Amazon. https://t.co/7TqQ6sJhik
The @WSJ sums this case up nicely, “[Steven Donziger] and his team fabricated evidence, promised $500,000 to an #Ecuadorean judge to rule in their favor, ghostwrote much of the final verdict and took other actions that ‘perverted’ the course of #justice. Mr. Donziger disputes the… https://t.co/soQ1qreULA
Shameless. Disbarred and convicted of criminal contempt of court for bribing an Ecuadorian judge in an attempted extortion scheme, @SDonziger is nonetheless accepting invitations to speak at #climate rallies. Read more about this adjudicated racketeer: https://t.co/5eac0lRmN7
Sworn testimony: While Texaco met its environmental obligations in the Amazon, #Ecuador’s national oil company did “absolutely nothing” to address its own remediation in the area. #FactsMatter:
https://t.co/7TqQ6sJhik
DENIED: @SCOTUS rejects hearing case of Steven Donziger, who bribed Ecuadorian judge in failed effort to bilk Chevron for billions of dollars. https://t.co/zT0dlozk5R

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