Following public outrage over IMF-sponsored austerity measures, the Ecuadorian people rose up in public outrage and managed to force the government of Lenin Moreno to reverse decision to cut gas subsidies. However, the LMC’s conversation with Andres Arauz suggest that the fight against the IMF in Ecuador has only just begun. Andres Arauz is a former Ecuadorian central bank official and a current PhD candidate in Financial Economics @ the National Autonomous University of Mexico. (UNAM)
Tag Archives: #Economics
September 27th, 2019: The ’89 Caracazo In Venezuela
2019 marks the 30th anniversary of the Caracazo, one of the most important events in Venezuelan history. While corporate media continues to poorly cover the political crisis in Venezuela; the LMC speaks with Steve Ellner about how the Caracazo serves as a valuable frame of reference today. Steve Ellner is a retired professor at Venezuela’s University of the East. He is currently the associate managing editor for Latin American Perspectives.
September 13th, 2019: Paraguay’s Itaipu Dam
Paraguay’s Itaipu Dam was created over half a century ago by an agreement between the fascist dictatorships of Alfredo Stroessner of Paraguay and Emilio Garrastazu Medici of Brazil. Years later, the unequal treaty over the largest hydroelectric dam in the Western Hemisphere remains a source of inequality for the Paraguayan people. So the LMC speaks w Latin American News Dispatch deputy editor Alanna Elder about the Itaipu Dam’s dark history and how it almost led to Paraguayan President Mario Abdo Benitez’ impeachment.