Ecuador will not honor the Organization of Petroleum Exporting Countries’ (OPEC) agreement to cut oil output, Ecuador’s Oil Minister Carlos Perez said this week. The country, one of OPEC’s 14 member countries, is rethinking its commitment to drop oil production to 522,000 barrels a day.1 comment
In a surprise move, Ecuador’s ruling party, Country Alliance, has called for a recount of the votes cast in the weekend’s presidential election. Its candidate, Lenin Moreno, had won the election by the narrowest margin, with 51.16% of the vote.
Socialist candidate Lenin Moreno had a slim lead Sunday in Ecuador’s presidential runoff, setting up a tense wait for the final count in a race that could change the political map of Latin America.Moreno, the designated heir to a decade of President Rafael Correa’s “21st-century socialism,” had 51.07% of the vote to 48.93% for conservative ex-banker Guillermo Lasso, with 94.2% of districts reporting, said the National Electoral Council.
Ecuador's electoral commission has formally ruled that a runoff election will be needed to choose a successor for socialist President Rafael Correa. The body's announcement on Wednesday confirms its earlier indication that ruling party candidate Lenin Moreno and conservative former banker Guillermo Lasso will face off in an April 2 vote.
Tension mounted as vote counting in Ecuador's presidential election dragged into a third day on Tuesday, with supporters and opponents of outgoing President Rafael Correa trading heated accusations. With the last ballots trickling in from Sunday's election, ruling party candidate Lenin Moreno had a little over 39% of the votes and an almost 11-point lead over conservative Guillermo Lasso, a former banker who finished second.
Former Vice President Lenin Moreno, a leftist advocate for the disabled who was paralyzed in a 1998 robbery attempt, was leading in Ecuador’s presidential election Sunday, but was at risk of falling just short of avoiding a runoff on April 2. Moreno, 63, is the close ally of outgoing President Rafael Correa, under whom he served as vice president from 2007 to 2013.
The Organization of American States Electoral Observation Mission (OAS/EOM) to the general elections and referendum that will be held in Ecuador on February 19 began its deployment this week.
Ecuador signed an agreement with Italy to define the tax obligations of the citizens of the two countries, in order to avoid double taxation on income taxes and equity and prevent tax evasion, the Ecuadorian Foreign Ministry said.
Ecuadorian President Rafael Correa has called for the resignation of all his ministers, an ordinary practice as the Executive is set to evaluate the state of things, the National Secretariat of Communication (Secom) said Wednesday.
Anti-secrecy group WikiLeaks said on Monday that its founder Julian Assange's internet was shut down by the government of Ecuador, deflecting blame from the U.S. or British governments which have sparred with Assange for releasing sensitive material.