Protesters flood Quito over anti-austerity measures

Video Credit: Reuters Studio - Duration: 01:48s - Published
Protesters flood Quito over anti-austerity measures

Protesters flood Quito over anti-austerity measures

For a sixth consecutive day, protesters filled the streets of Quito, Ecuador, demanding a reversal of President Lenin Moreno's anti-austerity measures that cut fuel subsidies in the country.

Nathan Frandino has more.

Chaos has erupted on the streets of Quito, Ecuador, where anti-austerity protests reached a sixth day on Tuesday.

Protesters clashed with authorities near the presidential palace, setting debris on fire and dodging tear gas canisters.

The demonstrations began almost a week ago when President Lenin Moreno announced the end of fuel subsidies.

The decision was part of an economic reform package for a $4.2 billion International Monetary Fund loan.

And now protesters - like Andres Kilumba - are fed up.

(SOUNDBITE) (Spanish) ECUADOREAN PROTESTER, ANDRES KILUMBA, SAYING: "They forgive the rich and take from the poor.

That's why we're here, to defend what is ours, nothing more." Moreno said he believes his opponents are attempting a coup.

(SOUNDBITE) (Spanish) ECUADORIAN PRESIDENT, LENIN MORENO, SAYING: "The lootings, vandalism and violence show there is an organized political motive here to destabilize the government, and break the constitutional order, break democratic order." One of those Moreno has accused of seeking a coup is his predecessor and one-time mentor, former President Rafael Correa.

Moreno said Correa was also getting help from Venezuela.

In an interview with Reuters from Belgium where he lives in self-exile, Correa called the accusation nonsense.

(SOUNDBITE) (Spanish) FORMER ECUADORIAN PRESIDENT, RAFAEL CORREA, SAYING: "They said that I was over, destroyed (but) now I am so powerful that from Brussels with an iPhone I can direct demonstrations across the country (Ecuador).

They are lying, as they have lied for two and a half years." The protests have also affected the country's oil output.

Officials say the state-run oil company Petroamazonas could lose a third of its crude production due to "insecure conditions."

You Might Like

💡 One News Page Knowledge: Other News Mentions

Ecuador Ecuador Country in South America

Crisis in the Galapagos: Chinese fishing fleets and COVID-19 threaten a natural wonder

GALAPAGOS ISLANDS, Ecuador — Just south of the Galapagos’ Marchena Island, there’s a dive spot known by locals as the “fish arena.” There, within the..
Argentina set to face 'tough rival' Ecuador in first World Cup 2022 qualifier [Video]

Argentina set to face 'tough rival' Ecuador in first World Cup 2022 qualifier


Credit: Reuters - Sports    Duration: 02:57Published
Ecuador faces worst unemployment crisis in Latin America [Video]

Ecuador faces worst unemployment crisis in Latin America

A shocking 85 percent of Ecuadorans are now either unemployed or in precarious jobs.

Credit: Al Jazeera STUDIO    Duration: 02:30Published

International Monetary Fund International Monetary Fund International financial institution

IMF revises down 2020 Asian economy forecast to 2.2-pct contraction

WASHINGTON, Oct. 21 (Xinhua) -- The International Monetary Fund (IMF) on Wednesday revised down its 2020 forecast for the Asian economy to a contraction of 2.2..

IMF: Nearly All Mideast Economies Hit By Pandemic Recession

DUBAI, United Arab Emirates: The coronavirus pandemic has pushed nearly all Mideast nations into the throes of an economic recession this year, yet some rebound..

Pak likely to remain in FATF 'grey list', fails to fulfill six key mandates

This will become a major problem for Pakistan as it will become difficult for Islamabad to procure financial aid from the International Monetary Fund (IMF),..

Even Pakistan, Afghanistan handled Covid better than India: Rahul Gandhi on IMF projections

Congress leader Rahul Gandhi on Friday criticised the Central government's handling of coronavirus pandemic, saying that even Pakistan and Afghanistan controlled..

Govt sources hit back at Rahul Gandhi over 'Bangladesh set to overtake India' remark

In response to Congress leader Rahul Gandhi's dig at the Bharatiya Janata Party (BJP) led Centre over the International Monetary Fund (IMF) forecast for India's..

City of Brussels City of Brussels Capital of Belgium

NATO chief rules out rushed, early exit from Afghanistan

BRUSSELS (AP) — As rising violence threatens to derail Afghan peace talks, the head of NATO said Wednesday that the military alliance will not leave..

EU seeks Amazon protections pledge from Bolsonaro in push to ratify trade deal

Brussels is in talks with Brazil’s far-right nationalist president, Jair Bolsonaro , over commitments on the future of the Amazon as it seeks to persuade..
What's the beef? Veggie burger ban faces key vote in Brussels [Video]

What's the beef? Veggie burger ban faces key vote in Brussels

MEPs are set to vote on whether to limit the use of words such as “steak”, “sausage”, and “burger” to meat products, meaning you could be ordering 'veggie discs' and 'tubes' in future.View on euronews

Credit: euronews (in English)    Duration: 02:05Published

EU needs to show flexibility or there will be no-deal Brexit, minister warns

UK Housing Secretary Robert Jenrick said on Monday that the European Union must demonstrate more flexibility for the stalled trade talks to culminate in a deal,..
EU Summit: Decision on reducing carbon emissions pushed back to December [Video]

EU Summit: Decision on reducing carbon emissions pushed back to December

EU leaders met for a second day of talks in Brussels but decided to push back a decision on reducing carbon emissions by 55% in the next decade.

Credit: Euronews English    Duration: 02:32Published

Tweets about this

Related videos from verified sources

Rocks and tear gas as protesters clash with riot police in Ecuador [Video]

Rocks and tear gas as protesters clash with riot police in Ecuador

Protesters hurled rocks at riot police using tear gas in the Ecuadoran capital of Quito on Friday (October 11), amidst rising public anger over the austerity measures of President Lenin Moreno.

Credit: euronews (in English)     Duration: 00:50Published