News & Analysis

Governance Thobela Gwaxula Governance Thobela Gwaxula

The silver lining in a month-long national strike in Ecuador

A month-long protest campaign by Ecuador’s umbrella indigenous organisation Confederación de Nacionalidades Indígenas del Ecuador (Conaie) from 22 September-22 October over diesel subsidy cuts caused US$300m in economic damages, resulted in three deaths, and paralysed parts of the country. And yet, it could have been much worse. Previous strikes against attempted fuel subsidy cuts in 2022 cost over US$1.1bn.

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Governance Thobela Gwaxula Governance Thobela Gwaxula

Woes mount for Milei in Argentina

On 17 September Argentina’s central bank (BCRA) intervened to prop up the peso, as the lower chamber rejected more of President Javier Milei’s vetoes and anti-government protesters took to the streets, reflecting the mounting challenges facing the Milei administration ahead of October’s mid-term elections.

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