Zürcher Nachrichten - Ecuador president faces ouster vote as fuel price protests enter 13th day

EUR -
AED 3.888366
AFN 72.007736
ALL 98.044838
AMD 410.170574
ANG 1.901073
AOA 967.064771
ARS 1060.501272
AUD 1.623064
AWG 1.899709
AZN 1.799366
BAM 1.953279
BBD 2.129871
BDT 126.057292
BGN 1.952224
BHD 0.398909
BIF 3115.508099
BMD 1.058644
BND 1.413089
BOB 7.315557
BRL 6.111442
BSD 1.054853
BTN 89.081019
BWP 14.351679
BYN 3.452077
BYR 20749.413776
BZD 2.126276
CAD 1.477893
CDF 3038.306822
CHF 0.935492
CLF 0.037265
CLP 1028.250492
CNY 7.665958
CNH 7.668062
COP 4649.975387
CRC 536.21295
CUC 1.058644
CUP 28.054054
CVE 110.122859
CZK 25.290778
DJF 187.839321
DKK 7.46006
DOP 63.528601
DZD 141.060489
EGP 52.416091
ERN 15.879653
ETB 129.830375
FJD 2.398994
FKP 0.835605
GBP 0.834698
GEL 2.906005
GGP 0.835605
GHS 16.803311
GIP 0.835605
GMD 74.638017
GNF 9091.351252
GTQ 8.143489
GYD 220.58528
HKD 8.239132
HNL 26.653101
HRK 7.551579
HTG 138.572447
HUF 408.38209
IDR 16798.661875
ILS 3.961799
IMP 0.835605
INR 89.326542
IQD 1381.816426
IRR 44574.187371
ISK 145.478712
JEP 0.835605
JMD 167.30721
JOD 0.750892
JPY 164.392513
KES 136.756692
KGS 91.570837
KHR 4284.510257
KMF 492.03104
KPW 952.778803
KRW 1472.562789
KWD 0.325491
KYD 0.879065
KZT 523.434379
LAK 23128.365625
LBP 94461.666267
LKR 306.90676
LRD 191.984916
LSL 19.069364
LTL 3.1259
LVL 0.640363
LYD 5.145407
MAD 10.539296
MDL 19.171436
MGA 4930.705575
MKD 61.505577
MMK 3438.432988
MNT 3597.27076
MOP 8.456685
MRU 41.982208
MUR 49.00302
MVR 16.355939
MWK 1829.16493
MXN 21.311908
MYR 4.732364
MZN 67.710251
NAD 19.071883
NGN 1773.0268
NIO 38.82026
NOK 11.63931
NPR 142.531375
NZD 1.793263
OMR 0.407598
PAB 1.054838
PEN 4.003133
PGK 4.244561
PHP 62.354952
PKR 293.143779
PLN 4.334194
PYG 8215.473514
QAR 3.847034
RON 4.976048
RSD 116.96761
RUB 105.599193
RWF 1450.954598
SAR 3.974354
SBD 8.860338
SCR 14.906727
SDG 636.775466
SEK 11.569524
SGD 1.417783
SHP 0.835605
SLE 23.923391
SLL 22199.231145
SOS 602.833284
SRD 37.622602
STD 21911.784299
SVC 9.230086
SYP 2659.873554
SZL 19.06666
THB 36.597095
TJS 11.212927
TMT 3.715839
TND 3.32371
TOP 2.479452
TRY 36.568349
TTD 7.162755
TWD 34.39586
TZS 2803.250008
UAH 43.549805
UGX 3883.986759
USD 1.058644
UYU 45.281553
UZS 13528.538093
VES 48.468632
VND 26905.426078
VUV 125.684291
WST 2.9553
XAF 655.120688
XAG 0.034088
XAU 0.000402
XCD 2.861037
XDR 0.802376
XOF 655.120688
XPF 119.331742
YER 264.549116
ZAR 19.145913
ZMK 9529.097509
ZMW 29.140662
ZWL 340.882794
  • RBGPF

    59.6500

    59.65

    +100%

  • CMSC

    -0.0590

    24.565

    -0.24%

  • RYCEF

    -0.0700

    6.62

    -1.06%

  • SCS

    -0.1100

    13.09

    -0.84%

  • BCC

    -3.3600

    138.18

    -2.43%

  • RELX

    0.2500

    45.29

    +0.55%

  • NGG

    0.6800

    63.58

    +1.07%

  • VOD

    0.0000

    8.92

    0%

  • RIO

    0.3100

    62.43

    +0.5%

  • GSK

    -0.2300

    33.46

    -0.69%

  • AZN

    0.4100

    63.8

    +0.64%

  • JRI

    0.0300

    13.26

    +0.23%

  • CMSD

    -0.0460

    24.344

    -0.19%

  • BCE

    0.0800

    27.31

    +0.29%

  • BTI

    0.2500

    36.93

    +0.68%

  • BP

    -0.3300

    29.09

    -1.13%

Ecuador president faces ouster vote as fuel price protests enter 13th day
Ecuador president faces ouster vote as fuel price protests enter 13th day / Photo: MARTIN BERNETTI - AFP

Ecuador president faces ouster vote as fuel price protests enter 13th day

Ecuador's president faced a no-confidence hearing Saturday, nearly two weeks into sometimes violent countrywide protests led by Indigenous groups against rising fuel prices and living costs.

Text size:

Opposition lawmakers called the parliamentary session over what they say is President Guillermo Lasso's role in "the serious political crisis and internal commotion" that has left six civilians dead and dozens injured on both sides in 13 days of revolt.

An estimated 14,000 protesters are taking part in a nationwide show of discontent against rising hardship in an economy dealt a serious blow by the coronavirus pandemic.

Most of the ire is concentrated in the capital Quito, where some 10,000 people, most from other parts of the country, have gathered for daily protests, marching with sticks and makeshift shields, and chanting "Out Lasso, out!"

On Friday, Lasso accused demonstrators of attempting "a coup" after two straight days of violent clashes with police and soldiers.

Protesters in Quito threw rocks and Molotov cocktails and shot off fireworks near the congress building. The security forces repelled them with tear gas.

- 'Until we have results' -

The protests were called by the powerful Confederation of Indigenous Nationalities of Ecuador (Conaie), credited with bringing down three presidents between 1997 and 2005.

Conaie leader Leonidas Iza told AFP this week demonstrations would continue "until we have results. We can no longer hold back the anger of the people."

The action has been costly, with losses of some $50 million per day to the economy as protesters have blocked key roads with burning tires and tree branches.

Production of fuel -- Ecuador's biggest export -- has been halved, according to the energy ministry.

"Basic necessities are very expensive and our products from the field... are worth nothing," potato farmer Miguel Taday, 39, told AFP of his reason for joining the demonstrations.

Six of the country's 24 provinces are under a state of emergency and a night-time curfew is in place in Quito, where many business owners and workers in the capital are fed up with the disruption to their lives and livelihoods.

Protesters are demanding a cut in already subsidized fuel prices, which have risen sharply in recent months, as well as jobs, food price controls, and more public spending on healthcare and education.

Ecuador's National Assembly will meet from 6:00 pm (2300 GMT) on Saturday to vote on whether or not to oust Lasso, a conservative ex-banker who took power a year ago and who is self-isolating after a Covid-19 diagnosis.

The debate, during which Lasso will be given a chance to state his case, takes place at the request of the 47 lawmakers of the leftist opposition Union for Hope coalition.

Lasso's dismissal would require 92 votes out of 137 in the assembly, in which opposition parties are in the majority.

Once the debate is concluded, lawmakers will have 72 hours to decide on a course of action.

If they vote to unseat Lasso, Vice President Alfredo Borrero will assume interim power and call new presidential and legislative elections.

The government has rejected the protesters' demand for a fuel price cut, saying it would cost an unaffordable $1 billion per year.

The International Monetary Fund on Friday approved the release of $1 billion in funding for Ecuador following two reviews of a $6.5 billion loan deal, of which $4.8 has been disbursed so far.

The payment is meant to bolster Ecuador's economic recovery from the Covid-19 pandemic, restore fiscal sustainability and reduce public debt.

Austerity measures adopted by then-president Lenin Moreno led to a wave of demonstrations in 2019 that left 11 dead and thousands injured, but compelled the government to cancel plans to cut fuel price subsidies.

No negotiations have been programmed to try and bring an end to the latest standoff, in which both sides accuse each other of intransigence.

"We will continue to fight... The rank and file have said that we will not return without results," said Wilmer Umajinga, 35, protesting in Quito since Monday.

P.E.Steiner--NZN