Ecuador National Strike Raises Pressure on Defiant Moreno

Read more on this subject: Ecuador
News Story Source: By Reuters
Streets were empty of traffic and businesses were closed in the capital Quito and other cities, witnesses said, at the start of the day-long shutdown in Latin America's latest flashpoint over structural economic reforms.

Violent demonstrations erupted in the Andean nation of 17 million people a week ago when Moreno cut fuel subsidies as part of a package of measures in line with a $4.2 billion International Monetary Fund (IMF) loan.

"What the government has done is reward the big banks, the capitalists, and punish poor Ecuadoreans," said Mesias Tatamuez, head of the Workers' United Front umbrella union.

Read More or Make a Comment

Bookmark the permalink.

Comments are closed.