The Presidential Daily Brief

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    Ecuador Shaken by Worst Quake in Years

    They’re digging out … and into their pockets. The 16-million strong South American nation is reeling in the wake of last weekend’s devastating 7.8-magnitude temblor, which claimed more than 600 lives and left tens of thousands homeless. Scores are still missing, and hope for finding more survivors is fading. Reconstruction will cost billions, while the Ecuadorian economy is forecast to shrink 4.5 percent this year, and President Rafael Correa has said he’ll raise sales taxes and target millionaires with a one-time levy to help foot the bill.

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