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The popular uprising in Ecuador on 22^nd June 2022 and similarities with other rebellions in Europe and Latin America

18 September 2024 - by Eric Toussaint

Below is the epilogue written by Éric Toussaint at the request of the authors for the book entitled Sinchi, published in Spanish in 2024 by Leonidas Iza, Andres Tapia and Andres Madrid. The book published in Spanish was translated into English (...)
1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !

Ecuador: From Rafael Correa to Guillermo Lasso via Lenin Moreno

4 September 2024 - by Eric Toussaint

The World Bank and the IMF are 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by (...)
1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !

Ecuador: Resistance against the policies imposed by the World Bank, the IMF and other creditors between 2007 and 2011

16 August 2024 - by Eric Toussaint

The World Bank and the IMF are 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by (...)
1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !

Ecuador’s poisoned loans from the World Bank and the IMF

14 August 2024 - by Eric Toussaint

The World Bank and the IMF are 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by (...)
100 organizations from around the world call on Ecuador to defend its sovereignty against international arbitration: No to ISDS!

12 April 2024 - by Collective

100 organizations from around the world call on Ecuador to defend its sovereignty against international arbitration: No to ISDS! Ecuador must defend its right to say NO to international investment tribunals and to the privileges afforded to (...)
Ecuador

Capitalism and drug trafficking in Ecuador: Two sides of the same coin

8 February 2024 - by Andrés Madrid, Andrés Tapia

The spread of drug trafficking in Ecuador is an acute illustration of the degeneration of neoliberal capitalism, for which the Ecuadorean elite itself is the main culprit. To no one’s surprise, however, the “war on drugs” conceals a series of (...)
Economists of the world say yes to the Yasuní National Park in Ecuador

13 July 2023 - by Eric Toussaint, Alberto Acosta, Pierre Salama, Joan Martínez Alier, Wilma Salgado, Rosa Sueiro, Aleida Azamar

On 20 August, Ecuador will vote in a historic referendum to suspend oil extraction and keep the remaining oil reserves in the ground in Block 43 or the ITT field. This field is located in the Yasuni National Park, in the heart of the Ecuadorian (...)
Deal in Ignominious Green in the Galapagos

21 June 2023 - by Anne Theisen

According to Julien Bouissou’s article in Le Monde on 18 May 2023, ’cancelling the debt and offsetting it with a set of measures to safeguard the biodiversity of the Galapagos archipelago, a UNESCO world heritage site’ is an ’extraordinary green (...)
One year after the ’Pandora Papers’, we look back at Éric Toussaint’s testimony before the Ecuadorian National Assembly

Éric Toussaint (CADTM): “The president is outside the law. Guillermo Lasso directly or indirectly owns companies in tax havens”

1 November 2022 - by Eric Toussaint, Fátima Martín

“The President is outside the law. Guillermo Lasso owned and still directly or indirectly owns companies in tax havens”. So said Eric Toussaint, spokesperson for the CADTM, before the Committee on Constitutional Guarantees, Human Rights, (...)
Left in the lurch

Debt and Covid-19 in Ecuador, Kenya, Pakistan, the Philippines and Zambia

3 May 2021 - by Eurodad

This series of articles has been produced by Eurodad in collaboration with our global partners on the implementation of the Debt Service Suspension Initiative (DSSI), complementing and updating the report “Shadow report on the limitations of the (...)
Ecuador: Historic urban vote against large scale mining in referendum

8 February 2021 - by Miriam Lang

Ecuador’s third largest city Cuenca, of more than 600.000 inhabitants, has voted clearly against large-scale mining on February 7th, 2021. According to estimates published on Sunday night, 80% of voters have expressed themselves for water and (...)
The G20’s wrong solutions and the need to suspend debt repayment

29 January 2021 - by Eric Toussaint

Last April, the G20 launched the idea of debt service suspension by poor countries until the end of 2020. What actually happened? Measures taken by the G20 regarding debt relief are utterly insufficient as well as unacceptable since they (...)
In defence of the rights of indigenous and peasant communities against Chevron: Open letter to the President of Ecuador

17 December 2020 - by CADTM International, Collective

In solidarity with tens of thousands of people affected by the biggest environmental disaster that has hit the Ecuadorian Amazon, more than 240 organizations, networks, movements, and unions –representing more than 285 million people (...)
Ecuador

We denounce the renegotiation of the debt by Lenín Moreno’s government

3 August 2020 - by Eric Toussaint, Maria Lucia Fattorelli, Alejandro Olmos Gaona, Hugo Arias Palacios, Piedad Mancero, Ricardo Patiño, César Sacoto, Ricardo Ulcuango

We are releasing an open letter to the President of Ecuador and his government regarding the debt renegotiation that is under way. The letter is signed by former members of the Ecuadorian Debt Audit Commission (CAIC), including Eric Toussaint, (...)
Press release

Will Ecuador once again set an example of courage in the face of creditors?

24 March 2020 - by CADTM International

Will Ecuador once again set an example of courage in the face of creditors? On March 23, 2020, the National Assembly adopted by a majority vote a resolution calling for all State resources to be mobilized to combat the coronavirus pandemic. (...)
After the Argentina debacle, the IMF endorses weakening capital controls in Ecuador

20 December 2019 - by Lara Merling

The IMF is backing a tax reform bill in Ecuador that will enable capital flight and further austerity. Over the past year, a rebranded IMF returned to Latin America with promises of loan agreements that would be different than the dreaded (...)
Alert on the sophistication of illegitimate debt techniques via mobile telephony

8 November 2019 - by Eric Toussaint

In the era of widespread mobile telephony, we witnessed certain capitalist firms employing a sophistication of techniques to ensure the illegitimate debt of the lower classes. Kenya, a country of 50 million people, is considered to be at the (...)
Ecuador: Brutal economic decisions (“paquetazo”)

11 October 2019 - by Diego Borja Cornejo

With a stubborn position that borders on political suicide, the government of Lenin Moreno, during the seventh day of massive and combative Popular Unemployment, has preferred to repress thousands of indigenous, students, settlers and workers (...)
21 May Global #AntiChevron Day

Open Letter to Ecuador on the Chevron Case

23 May 2019 - by Collective

Mr. Lenín Boltaire Moreno Garcés President of the Republic of Ecuador 21 May 2019 Regarding the Chevron-Texaco Case in Ecuador Mr. President, We who belong to many international civil society social organizations and networks who are (...)
Massive Mobilisation of the International Civil Society on the Global Anti-Chevron Day #AntiChevron

22 May 2019 - by Collective

Press release Amsterdam/Geneva/Quito May 21st 2019 268 organisations, networks, social movements and trade unions from different continents, representing more than 280 millions of persons, are mobilised to denounce the Chevron’s impunity in (...)
The case of Chevron in the Ecuadorian Amazon:

The ruling of the Supreme Court of Canada closes the doors to end impunity

5 April 2019 - by Stop corporate impunity

The Global Campaign to Reclaim Peoples´ Sovereignty, Dismantle Corporate Power and End Impunity regrets the ruling of the Supreme Court of Canada regarding the case of Chevron in the Ecuadorian Amazon, and reaffirms the urgent need to establish (...)
We thank all of you – The Ecuadorean government has desisted in its intent to close Acción Ecológica

17 January 2017 - by Acción Ecológica

Acción Ecológica, an Ecuadorian organisation that the CADTM has been collaborating with for the last 12 years, was under the threat of being banned by the Rafael Correa government. Two weeks ago the CADTM joined the numerous left-wing (...)
New Witch Hunt in Ecuador Against Indigenous and Environment Defenders

6 January 2017 - by Moira Birss

Ecuador became an even more difficult place to be a defender of indigenous rights and the environment. You would think a country with constitutionally-enshrined protections for Mother Nature would support and encourage indigenous and (...)
Part 4 of the interview “History of the CADTM’s anti-debt Policies”

From Dashed Hopes to Success in Ecuador: the examples of South Africa, Brazil, Paraguay and Ecuador

25 August 2016 - by Eric Toussaint, Benjamin Lemoine

Interview with Eric Toussaint, spokesperson and co-founder of the international network of the Committee for the Abolition of Illegitimate Debt (CADTM). Interview by Benjamin Lemoine. This interview presents the genealogy of the anti-debt (...)
Video: The Ecuador debt audit, a seven minute summary

2 March 2016 - by Eric Toussaint, Hugo Arias Palacios, Aris Chatzistefanou

In seven minutes, Eric Toussaint and Hugo Arias, members of the Ecuadorian debt audit commission that sat in 2007 - 2008, summarise its ins and outs, and explain the success of the suspension of payments that Ecuador decided as a result of the (...)