In 1532 the Spaniards founded a colony in Ecuador, then called Quito. In 1821 a revolt led to the defeat of the Spaniards at Pichincha and thus independence from Spain. On 13 March 1830, Quito became the Republic of Ecuador. Political instability was endemic. From the mid-1930s, President José Maria Velasco Ibarra was deposed by military coups from four of his five presidencies.
KeywordsMilitary Coup Military Junta Federal Reserve Bank Supreme Court Judge Temporary Climate Change
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