News of lenin moreno

Ecuador recalls ambassador to Argentina after Fernández's comments

11-03-2021 18:07 Ecuador recalls envoy to Argentina, Juan José Vásconez, for consultations to carry out an "exhaustive analysis of relations" after controversial statements by President Fernández.

VIP VACCINATIONS

Latin America’s vaccine scandal claims third health minister

28-02-2021 07:09 Ecuador health minister resigned Friday, becoming the third top Latin American health official forced out in two weeks as outrage grows over the ability of the region’s richest and most powerful to obtain vaccinations before the rest of the population.

Ecuador Election

Ecuador: leftist candidates Arauz and Pérez head to run-off

08-02-2021 18:59 With just under 90 per cent of the total ballots counted, two leaders from the left are set to compete for the presidential role in a run-off vote: economist Andrés Arauz and indigenous activist Yaku Pérez.

DIPLOMACY

Ecuador angered by CFK's 'intervention' into 'domestic affairs'

09-12-2020 18:33 Ecuador's Foreign Ministry protests "inopportune statements" made by Cristina Fernández de Kirchner, after Argentina's vice-president expressed concern over a presumed lack of democracy in the country.

BLOOMBERG

White House pushes for new Ecuador IMF accord as deadline nears

25-08-2020 14:46 “Ecuador has proven that there’s the utmost political will,” says Trump's pick for IDB chief Mauricio Claver-Carone. “It’s a high priority in the region for us and the IMF needs to bring Ecuador over the top.”

DEBT RESTRUCTURING

Ecuador wins bondholders’ approval for debt restructuring

03-08-2020 15:26 Creditors vote in favour of a restructuring plan for US$17.4 billion of debt that will see the South American country's capital and interest payments reduced.

BLOOMBERG

Ecuador’s speedy debt deal underscores Argentina’s hang-ups

10-07-2020 17:31 President Lenín Moreno’s administration struck an agreement with some of its top bondholders this week ahead of a mid-August deadline, when a moratorium on payments ends. By contrast, Argentina has presented a second binding offer to creditors after pushing back its deadline five times.

Democracy on Trial

Ecuador puts ex-president on trial for campaign finance fraud

10-02-2020 12:30 Former president Rafael Correa, who is currently living in Belgium, maintains that the lawsuit is an attempt to bar him from running for a legislative position in next year's elections.