- Mar 8, 2003
- 38,416
- 4
- 0
http://www.reuters.com/article/idUSTRE68T40I20100930
Background on the guy:
Not sure what Chavez can do to help him if the coup succeeds, as Ecuador does not border Venezuela. Regardless, looks like that country's government will be done in the next few days. No idea what comes next. But, I am sure the oil will flow. Surprised no one is blaming the United States for this yet.
Hopefully, Ecuador will come out of this with a better leader.
Correa told local media by phone that police protesters were hunting for him in the building
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"President Correa has said that there are people trying to get in from the roof and attack him," Patino told a large crowd outside the presidential palace.
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he earlier confronted police demonstrating at the planned budget cuts and challenged them: "Kill me if you want to. Kill me if you have the courage."
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Venezuela's government said Correa spoke to Chavez by telephone from the Quito hospital and that Correa had confirmed that the unrest was a coup attempt against him.
Background on the guy:
Correa, a socialist ally of Venezuelan President Hugo Chavez, said his rivals were plotting a coup against him, and that he and his wife were stunned by an exploding tear gas canister as he tried to speak to demonstrators.
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Correa, a U.S.-trained economist, was first elected in 2006 promising a "citizens' revolution" aimed at increasing state control of Ecuador's natural resources and fighting what he calls the country's corrupt elite.
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His government alienated international capital markets when it defaulted on $3.2 billion in global bonds two years ago. Correa declared the debt "illegitimate."
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After taking power, Correa backed the rewriting of the constitution to tilt the balance of power toward the executive.
Not sure what Chavez can do to help him if the coup succeeds, as Ecuador does not border Venezuela. Regardless, looks like that country's government will be done in the next few days. No idea what comes next. But, I am sure the oil will flow. Surprised no one is blaming the United States for this yet.
Hopefully, Ecuador will come out of this with a better leader.
