QUITO, Ecuador — President Rafael Correa announced Wednesday night that he is raising sales taxes and will charge a one-time levy on millionaires to rebuild cities devastated by Ecuador’s worst earthquake in decades.
In a televised address, Correa said damages from the 7.8-magnitude quake will probably run into the billions of dollars, adding to already heavy economic hardships in this OPEC nation triggered by the collapse in world oil prices.
The task of rebuilding shouldn’t fall only to communities... Читать дальше...