Ecuador

Ecuador’s Congress has begun reconsidering the financial austerity bill that led to last week’s police uprising in Quito, which resulted in several deaths and the brief captivity of Ecuadorian President Rafael Correa in a local hospital.

Responding to the dramatic events that transpired on Thursday in Ecuador, leaders from across Latin America expressed their unequivocal support for that country’s president, Rafael Correa.

Following four months of negotiations, the Ecuadorian government and the United Nations Development Programme (UNDP) are expected to sign an agreement on August 3 that will create a trust fund to manage international contributions to the Yasuni – Ishpingo Tambococha Tiputini (ITT) initiative.

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