Ecuador In State Of Emergency Over Fuel Protests

Ecuador In State Of Emergency Over Fuel Protests

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Social Studies

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President Lenin Moreno of Ecuador declared a 60-day state of emergency following the implementation of economic reforms, including the removal of fuel subsidies. These subsidies, dating back to the 1970s, were costing the government over $1 billion annually. The reforms led to widespread protests by taxi drivers, truck drivers, students, and indigenous groups, resulting in roadblocks and clashes with police. Over 360 arrests were made, and President Moreno remained firm, refusing to negotiate with what he termed 'criminals.' The cuts were part of a deal with the International Monetary Fund, requiring Ecuador to reduce public spending to secure over $4 billion in loans.

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