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Ecuador prison violence leaves nearly 70 dead

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At least 68 prisoners were killed and more than two dozen injured in overnight violence at Ecuador’s Penitenciaria del Litoral prison

At least 68 prisoners were killed and more than two dozen injured in overnight violence at Ecuador’s Penitenciaria del Litoral prison, the government said on Saturday, in what officials characterize as fights among rival gangs. Bryan Wood reports.

Dozens of Ecuadorians gathered outside a prison on Saturday waiting for news of loved ones who may have been killed in an overnight riot.

Nearly 70 prisoners were killed and more than two dozen injured at Ecuador’s Penitenciaria del Litoral prison.

General Police commander, Tannya Varela, characterized the violence as fights among rival gangs.

“These events are due to a territory dispute by criminal gangs inside the prison. At the moment there are certain pavilions that are without leaders, because, this may be surprising to all citizens, but the leaders were released after having served 60% of their sentence.”

At the same prison earlier this year, located in the southern city of Guayaquil, over 100 inmates were killed in the country’s worst incident of prison violence in recent history.

The latest disturbance was set off by a power vacuum following a gang leader’s release

The provincial governor, Pablo Arosemena told the press on Saturday, “There was no leader of the gang at this cell block because a few days ago that prisoner was released. Other cell blocks with other groups wanted to control them, get inside and have a total massacre.”

Ecuador’s prison system has come under spotlight in recent years for overcrowding and poor sanitation and living conditions.

In September, the country’s president, Guillermo Lasso, declared a two month state of emergency in the prison system and most recently he called on the highest court to allow military to enter prisons, instead of providing only outside security.

The court responded in a statement that the prison crisis will require more than temporary emergency solutions.

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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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Putin and Xi tighten alliance amid Western pressure

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

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Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.


Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews


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