Vice President Mercedes Araoz, who initially agreed to replace President Martin Vizcarra temporarily after the legislature voted to suspend him (Reuters), said she reconsidered the decision and will resign. The military and police affirmed their loyalty to Vizcarra, who spurred the crisis by dissolving Congress on Monday.
Ecuador: The country
will leave (Reuters) the Organization of the Petroleum Exporting Countries (OPEC) on January 1, citing its hope to generate new export revenue from crude production, which would go against OPEC output quotas.
This CFR Backgrounder looks at OPEC’s waning influence around the globe.