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Ecuador’s President Leaves Capital Amid Antiausterity Protests- The Wall Street Journal

Date: Oct 8, 2019

Ecuadorean President Lenin Moreno late Monday said he moved the administrative center of his government away from the nation’s capital, as riots and protests against the ending of a fuel subsidy rocked the South American country for a fourth day.

The armed forces continued to back Mr. Moreno as he faces his toughest challenge since taking office in 2017. In a televised address less than four minutes long, flanked by the military’s top brass, he promised he wouldn’t renege on his decision last week to scrap a four-decade fuel subsidy that costs the state some $1.4 billion a year.

“I’m not going to take any step back,” Mr. Moreno said, after saying his government would move from the capital, Quito, to the port city of Guayaquil.

To read the full article on The Wall Street Journal, click here.