>Date: Sat, 22 Jan 2000 11:59:18 -0800
>From: Sam Pawlett <[EMAIL PROTECTED]>

>Reply-To: [EMAIL PROTECTED]
>Status:

>
>                        =========================================
>                        Most of the country's 4 million Indians
>                        live in poverty, and Indian groups
>                        strongly opposed Mahuad's plan to
>                        replace the national currency, the sucre,
>                        with the U.S. dollar.
>________________        =========================================
>CNN
>
>Saturday, 22 January 2000
>
>                Ecuador's Noboa assumes power after coup
>                ----------------------------------------
>
>QUITO, Ecuador -- Ecuador Vice President Gustavo Noboa on Saturday said he
>had assumed power over the Andean country, shortly after a three-man
>military junta that had ousted President Jamil Mahuad was dissolved.
>
>"Under the laws laid out in the constitution I find myself under the
>obligation of assuming the presidency of Ecuador," Noboa said at a news
>conference.  "I have the support of the armed forces and national police."
>
>After speaking with U.S. officials, junta member Gen. Carlos Mendoza, who
>until Friday had been defense minister in Mahuad's government, said he was
>stepping aside and allowing Noboa to take control, according to Reuters
>and The Associated Press. Mendoza had joined the junta along with Indian
>leader Antonio Vargas and former Supreme Court Judge Carlos Solorzano.
>
>A decree signed at the Ecuador Defense Ministry Saturday morning
>authorized the transfer of authority, the AP reported.
>
>"What we were trying to do was prevent the international isolation of
>Ecuador," said Mendoza.
>
>Washington had threatened punishing repercussions for any overthrow of the
>constitutional order.
>
>The increasingly unpopular Mahuad presided over an economy beset by
>rampant inflation and high unemployment. Troops joined Indian protesters
>who seized control of the country's Congress building Friday afternoon.
>
>
>        OAS condemns revolt
>        -------------------
>
>Mahuad was reportedly at a military airfield outside Quito early Saturday,
>but Mendoza said he did not know the president's whereabouts. In
>Washington, the Organization of American States condemned the revolt and
>urged support for Mahuad's government.
>
>Mahuad refused the demands of military leaders that he step down Friday,
>vowing, "I am not going to abandon you." But a short time later, he left
>the presidential palace as demonstrators stormed government offices.
>
>Hundreds of Indians and an unknown number of military officers stormed an
>empty Congress building, seized the podium and announced that they had
>created their own "Parliament of the People."
>
>Mahuad's government has struggled for months amid Ecuador's worst economic
>crisis since the Great Depression. Protesters called the government
>corrupt and unresponsive.
>
>The military, which recently pledged support for democracy and the
>constitutional process, withdrew its support Friday to prevent what one
>general called "a social explosion."
>
>
>        Unemployment, inflation rampant
>        -------------------------------
>
>"I think that we have completed what the spirits forecasted," Vargas said.
>"We are going to work for the people and fight against corruption."
>
>A U.S.-educated reformer, Mahuad has been unable to pull the country's
>economy out of a spin that has left barely one in three workers with a
>full-time job.
>
>Most of the country's 4 million Indians live in poverty, and Indian groups
>strongly opposed Mahuad's plan to replace the national currency, the
>sucre, with the U.S. dollar.
>
>"Ecuador is paying for the consequences of a culmination of problems in
>the past years," said political analyst Simon Pachano.
>
>"It's one of the countries with the worst distribution of wealth in Latin
>America ... It's a country that hasn't found an adequate political system
>to represent and process its problems and conflicts. All of these crises
>came about in the last few years, not just now," Pachano said.
>
>        Copyright 2000 CNN
>________________________________________________________________
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>


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