Ecuador Agrees to Demands Following Protests

lenin moreno ecuador
Carlos Hermosillo | @broofbros1

Protest leaders and Ecuadorian President Lenin Moreno came to a truce agreement on Sunday.

Decree 883, a measure backed by a $4.2 billion loan from the International Monetary Fund (IMF), had previously led to a 123% rise in gas prices. This angered citizens and sparked large protests across the country. But now, according to Ecuadorian reports, parties have reached an agreement to modify it and roll back gas prices to previous rates.

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Chaos Erupts in Ecuador as Nation’s Leader Flees Capital

ecuador protests chaos
Carlos Hermosillo | @broofbros1

Ecuadorian President Lenin Moreno, who is best known for turning in Wikileaks founder Julian Assange over to UK authorities after photos were leaked of his expensive lifestyle, fled the country’s capital Monday night.

According to reports, the protests came as a response to the government’s oil price hike. The response warranted a state of emergency that was declared soon after Ecuador left the Organization of the Petroleum Exporting Countries (OPEC) on Thursday.

Read moreChaos Erupts in Ecuador as Nation’s Leader Flees Capital