Ecuador

Ecuador Indigenous Uprising Forces Moreno to Withdraw IMF-Backed Fuel Subsidy Cuts

| Importance: 7/10

President Lenín Moreno’s government enacts Decree 883, an IMF-backed austerity measure that eliminates fuel subsidies and causes significant fuel price increases, triggering massive indigenous-led protests that ultimately force complete withdrawal of the decree. The measure is part of IMF loan …

Lenín Moreno CONAIE International Monetary Fund Rafael Correa shock-doctrine imf austerity ecuador indigenous-resistance +2 more
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Snowden Flees Hong Kong for Moscow Seeking Asylum Amid U.S. Diplomatic Pressure

| Importance: 9/10

Edward Snowden boarded an Aeroflot commercial flight from Hong Kong to Moscow’s Sheremetyevo Airport on June 23, 2013, accompanied by Sarah Harrison of WikiLeaks, just days after the U.S. filed espionage charges and requested his extradition. The Hong Kong government allowed Snowden to leave …

Edward Snowden WikiLeaks Sarah Harrison Hong Kong government State Department edward-snowden asylum international-relations hong-kong russia +1 more
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Ecuador President Mahuad Announces Dollarization 'Jump Into the Abyss' Amid Economic Crisis

| Importance: 7/10

Ecuadorian President Jamil Mahuad announces the country will abandon its national currency and adopt the U.S. dollar, describing the decision as ‘a jump into the abyss’ just days before making it. Mahuad’s handling of multiple crises—floods from El Niño, the collapse of oil prices, …

Jamil Mahuad Gustavo Noboa CONAIE International Monetary Fund World Bank shock-doctrine imf structural-adjustment ecuador dollarization +2 more
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