Ecuador

Will Ecuador once again set an example of courage in the face of creditors?

24 March 2020 - by CADTM International

Will Ecuador once again set an example of courage in the face of creditors? On March 23, 2020, the National Assembly adopted by a majority vote a resolution calling for all State resources to be mobilized to combat the coronavirus pandemic. Consequently, the National Assembly calls on the (...)
After the Argentina debacle, the IMF endorses weakening capital controls in Ecuador

20 December 2019 - by Lara Merling

The IMF is backing a tax reform bill in Ecuador that will enable capital flight and further austerity. Over the past year, a rebranded IMF returned to Latin America with promises of loan agreements that would be different than the dreaded “structural adjustment programmes” of the past. Behind (...)
Alert on the sophistication of illegitimate debt techniques via mobile telephony

8 November 2019 - by Eric Toussaint

In the era of widespread mobile telephony, we witnessed certain capitalist firms employing a sophistication of techniques to ensure the illegitimate debt of the lower classes. Kenya, a country of 50 million people, is considered to be at the forefront of mobile telephony and digitalisation. (...)
Ecuador: Brutal economic decisions (“paquetazo”)

11 October 2019 - by Diego Borja Cornejo

With a stubborn position that borders on political suicide, the government of Lenin Moreno, during the seventh day of massive and combative Popular Unemployment, has preferred to repress thousands of indigenous, students, settlers and workers who have risen throughout the country, by employing (...)
Open Letter to Ecuador on the Chevron Case

23 May 2019 - by Collective

Mr. Lenín Boltaire Moreno Garcés President of the Republic of Ecuador 21 May 2019 Regarding the Chevron-Texaco Case in Ecuador Mr. President, We who belong to many international civil society social organizations and networks who are committed to human rights and social, economic and (...)
Massive Mobilisation of the International Civil Society on the Global Anti-Chevron Day #AntiChevron

22 May 2019 - by Collective

Press release Amsterdam/Geneva/Quito May 21st 2019 268 organisations, networks, social movements and trade unions from different continents, representing more than 280 millions of persons, are mobilised to denounce the Chevron’s impunity in Ecuador and ask the president of Ecuador to support (...)
The ruling of the Supreme Court of Canada closes the doors to end impunity

5 April 2019 - by Stop corporate impunity

The Global Campaign to Reclaim Peoples´ Sovereignty, Dismantle Corporate Power and End Impunity regrets the ruling of the Supreme Court of Canada regarding the case of Chevron in the Ecuadorian Amazon, and reaffirms the urgent need to establish a UN Binding Treaty on Transnational Corporations (...)
We thank all of you – The Ecuadorean government has desisted in its intent to close Acción Ecológica

17 January 2017 - by Acción Ecológica

Acción Ecológica, an Ecuadorian organisation that the CADTM has been collaborating with for the last 12 years, was under the threat of being banned by the Rafael Correa government. Two weeks ago the CADTM joined the numerous left-wing organisations and personalities demanding that the ban be (...)
New Witch Hunt in Ecuador Against Indigenous and Environment Defenders

6 January 2017 - by Moira Birss

Ecuador became an even more difficult place to be a defender of indigenous rights and the environment. You would think a country with constitutionally-enshrined protections for Mother Nature would support and encourage indigenous and environmental rights defenders, but sadly that is not the (...)
From Dashed Hopes to Success in Ecuador: the examples of South Africa, Brazil, Paraguay and Ecuador

25 August 2016 - by Eric Toussaint, Benjamin Lemoine

Interview with Eric Toussaint, spokesperson and co-founder of the international network of the Committee for the Abolition of Illegitimate Debt (CADTM). Interview by Benjamin Lemoine. This interview presents the genealogy of the anti-debt struggle, the campaigns for debt cancellation, the (...)
Video: The Ecuador debt audit, a seven minute summary

2 March 2016 - by Eric Toussaint, Hugo Arias Palacios, Aris Chatzistefanou

In seven minutes, Eric Toussaint and Hugo Arias, members of the Ecuadorian debt audit commission that sat in 2007 - 2008, summarise its ins and outs, and explain the success of the suspension of payments that Ecuador decided as a result of the commission’s report. If you want to know more (...)
Open letter to the President of Ecuador, Rafael CORREA DELGADO

29 December 2014 - by Collective

Those of us who sign this letter were surprised with the news that the government of Ecuador decided to revoke the 1991 agreement that loaned the Confederation of Indigenous Nationalities of Ecuador (CONAIE) the use of their building. In our view it is clear that the reasons given (the use of (...)
Oil companies force Ecuador to take another step forward in Audits

23 March 2013 - by Stéphanie Jacquemont, Mike Krolikowski

President Raphael Correa of Ecuador has decided that the arrogance of Chevron and Occidental Petroleum has gone far enough. These two North American oil companies are pursuing the Ecuadorian government by all the means possible in order to achieve international court rulings that sovereign (...)
The CADTM is pleased at the prospect of collaboration between Tunisia and Ecuador to audit Tunisia’s debt

23 October 2012 - by CADTM International

The CADTM is pleased at the prospect of collaboration between Tunisia and Ecuador to audit Tunisia’s debt. At the request of the President of Tunisia, Ecuador’s President, Rafael Correa, has just announced that he will be sending a team of economists to Tunisia to provide advice and share his (...)
Intellectuals and world personalities make public their support to the sovereign decision of asylum to Julian Assange

Quito, August 29, 2012 At least 270 intellectuals, musicians, artists, and activists from 32 countries signed an open letter of support to the sovereign decision of Ecuador of granting diplomatic asylum to the Australian citizen Julian Assange and the inviolability of the diplomatic (...)
CADTM rejoices at the failure of the coup in Ecuador

2 October 2010 - by CADTM

CADTM rejoiced at the failure of the attempted coup in Ecuador and supports popular mobilisation to stand up for social and democratic advances. On Thursday 30 September an attempted coup failed in Ecuador. A significant portion of the national police sequestered president Rafael Correa (...)
CADTM denounces the attempted coup in Ecuador and supports popular mobilization to defend democratic and social progress

1 October 2010 - by CADTM

On Thursday 30 September an attempted coup took place in Ecuador. Rebel units of the national police abducted president Rafael Correa after he urged policemen to accept the law on public services which had been adopted at its first reading by the national assembly on 29 September 2010. The aim (...)
Ecuador at the crossroads

28 April 2009 - by Eric Toussaint

In the general elections held on Sunday 26 April, Ecuadorians granted their president Rafael Correa a new four-year mandate. He took over 52% of the votes, placing him more than 20 points ahead of Lucio Gutierrez, his main opponent, the former right-wing president who was overthrown by a (...)
Indigenous Peoples Rising

26 January 2009 - by James D. Cockcroft

Indigenous peoples in Indo-Afro-Latin America, especially Bolivia and Ecuador, are rising up to take control of their own lives and act in solidarity with others to save the planet. They reflect the important role of social movements in the current epoch of globalization, development, and (...)
Final Report of the Integral Auditing of the Ecuadorian Debt - Executive Summary

12 December 2008 - by Integral Auditing Commission for Public Credit of Ecuador (CAIC)

The incalculable damage caused to the country’s economy and the people of Ecuador by public borrowing, omnipresent as a pressure-submission system, and the consequent commitment of public resources to deliver its service, whether or not available, prompted the national government to adopt the (...)
Ecuador : Report on External Debt reveals that its objective was to benefit financial sector and transnationals

The Comprehensive Public Credit Audit Commission, created in July, 2007, presented its Final Report to the president of the Republic, Rafael Correa, in which it concludes that over the period 1976-2006, the process of indebtedness in Ecuador took place to the benefit of the financial sector and (...)
Wayward Allies: President Rafael Correa and the Ecuadorian Left

26 July 2008 - by Daniel Denvir

Outside of Ecuador, most progressives consider President Rafael Correa to be a Leftist champion of social and economic justice. Inside the country, however, conflicts between Correa and the social movement Left, the indigenous movement, environmentalists and unions, among others have become (...)
CONSTITUTIONAL ASSEMBLY NEVER AGAIN (NUNCA MAS) FOREIGN MILITARY BASES OR TROOPS IN ECUADOR

3 April 2008 - by Helga Serrano N.

The National Assembly that is writing a new Constitution for Ecuador approved the following article on April 1, 2008: “Ecuador is a territory of peace. No foreign military bases or foreign installations for military purposes may be installed. No national military bases can be granted to (...)
Rafael Correa actively supports the ongoing work of Ecuador’s debt audit commission

9 March 2008 - by Eric Toussaint

The CAIC - Comisión para la Auditoria Integral de la Deuda Pública – held an intensive two-week work session from the 10th to 23rd February 2008. 10 Ecuadorian members and the 6 foreign members of the CAIC worked hard to advance the ongoing audit of the debt. The programme for these two weeks went (...)
Ecuador’s Correa: Probe shows illegitimate debt

QUITO (Reuters) - Ecuadorean President Rafael Correa on Saturday said an ongoing government probe into the country’s foreign debt has unveiled “illegitimate” credits that he has vowed not to repay. Correa, a leftist former economy minister, has pledged to stop payments of “illegitimate” debt or (...)