Correa’s Back-Track on Tax Bills Fails to Halt Ecuador Protests

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Ecuador President Rafael Correa’s attempt to defuse nationwide protests by back-tracking on two controversial tax proposals failed to prevent opposition supporters marching for a ninth straight day Tuesday.

Protesters gathered in the capital city, Quito, less than 24 hours after Correa called for calm and announced he would delayBloomberg Terminal plans to raise taxes on inheritances and real estate profits to avoid violence.