Quake-hit Ecuador announces drastic economic measures

Ecuador announced drastic economic measures, including a hike in some taxes and mandatory wage contributions, to deal with the aftermath of the devastating earthquake that killed more than 500 people and injured over 5,000. Saturday's 7.8-magnitude quake was the worst to hit the South American country in decades, causing hundreds of buildings to collapse and damaging roads and other key infrastructure in tourist areas. President Rafael Correa, in an evening address to the nation, estimated that