06-02-2020 Latin American Weekly Report
Argentina gets divine help in debt renegotiation
Almost 17 years to the day since the last visit by an Ecuadorean head of state to the White House, President Lenín Moreno was received by his US peer Donald Trump on 12 February to discuss trade and security matters. Such a meeting would have been unthinkable when Moreno was vice-president serving under his predecessor Rafael Correa (2007-2017). But since taking office, Moreno has taken a wrecking ball to Correa’s legacy, realigning Ecuador geopolitically in the process. In a confirmation of the scale of the upheaval, two days before Moreno’s US visit, Correa went on trial in absentia accused of misusing his position to run a criminal network bent on obtaining bribes from firms to secure infrastructure contracts.
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