Ecuador: The ‘drone revolution’ against Moreno’s IMF package

Protests in Ecuador against the IMF package

By Denis Rogatyuk. “Se acabó la zanganería”. With this phrase, President of Ecuador Lenin Moreno announced the end of the 40-year long policy of fuel and petrol subsidies that traditionally benefited the working class population. “Zánganos” (or drones) is a slang term traditionally used by the richer parts of society […]

The beginning of the end for Argentina’s Macri

Alberto Fernandez, right, with former President Cristina Fernandez de Kirchner

By Martin Burgos. “Political vacuum”, “default” and “hyperinflation”: these are the terms being used by several economists from Argentina’s public service, discussing the country’s current political and economic situation. Earlier this month, the Peronist opposition led by Alberto Fernández defeated the right-wing government of President Mauricio Macri in the primary […]