Modal close

Hi there,

You turn to Democracy Now! for ad-free news you can trust. Maybe you come for our daily headlines. Maybe you come for in-depth stories that expose government and corporate abuses of power. This week Democracy Now! is celebrating our 23rd birthday. For over two decades, we've produced our daily news hour without ads, government funding or corporate underwriting. How is this possible? Only with your support. Right now, in honor of Democracy Now!'s birthday, every donation we receive will be doubled by a generous supporter. This means if you give $30 today, Democracy Now! will get $60 to support our daily news hour. Please do your part. It takes just a couple of minutes to make sure that Democracy Now! is there for you and everybody else. Thank you! -Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

10,000 Protest IMF in Ecuador

Default content image
Listen
Media Options
Listen

Following weeks of protests over economic austerity measures, the Confederation of Indigenous Nations of Ecuador(CONAIE) last week reached an agreement with the government.

As part of the International Monetary Fund’s ongoing structural adjustment program, the government had removedsubsidies for cooking fuel and gasoline in December. Prices rose dramatically, with public transportation increasingby 75%. The IMF required the measures as a precondition for a $300 million loan to the poverty-stricken country.Already Ecuador has dollarized the economy, imposed wage restraints, and begun the privatization of social securityand the oil and electricity industries.

The Confederation of Indigenous Nations of Ecuador (CONAIE), joined by farmworkers and students, responded by takingto the streets in January.

Beginning with protest marches and road blockades all over the country, 10,000 indigenous people descended on thenation’s capital, Quito, and took over the Polytechnic University. Military troops and police cracked down. At leastfour indigenous people have been killed.

Guests:

  • Stephanie Weinberg, program associate at The Development Gap, and part of the International Secretariat ofthe Civil Society network in SAPRI, Structural Adjustment Participatory Review Initiative.
  • Dr. Juan-Fernando Teran, economic consultant with SAPRIN, Structural Adjustment Participatory ReviewInitiative Network.

Related Story

Video squareStoryMay 20, 2015Sgt. James Brown, 26, Survived Two Tours in Iraq Only to Die Begging for His Life in Texas Jail
The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Up arrowTop