500 people killed in ecuador quake, latest report

500 people killed in ecuador quake, latest report
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Highlights

Rescuers in Ecuador are losing hope of finding more survivors from the deadly earthquake that killed nearly 500 people and dealt a shattering blow to the country\'s already fragile economy.

Manta (Ecuador) : Rescuers in Ecuador are losing hope of finding more survivors from the deadly earthquake that killed nearly 500 people and dealt a shattering blow to the country's already fragile economy.

Distraught family members beseeched rescue teams to find missing loved ones as they used dogs, bare hands and excavators to hunt through debris.

The 7.8 magnitude quake, which struck late Saturday, also left 107 people missing, and injured more than 4,000, according to the latest government tallies.

Supervising rescue work in the disaster zone, Ecuador President Rafael Correa said the quake inflicted between 2 billion dollars and 3 billion dollars of damage to the oil-dependent economy and could knock two to three percentage points off growth.

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