Ecuador’s Correa prepares for re-election: increases minimum salary 9%

Wednesday, December 26th 2012 - 05:54 UTC

Full article 12 comments

Ecuadorean President Rafael Correa announced a 9% increase in the minimum wage for private-sector workers for 2013, a move that may help consolidate his February re-election bid that polls broadly show him favoured to win. Read full article

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Gordo1
What a cynical plot to “buy” his re-election!
Dec 26th, 2012 - 08:45 am - Link - Report abuse 0
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Anglotino
Though pursuing similar policies, the biggest difference between Ecuador and Venezuela and Argentina is that Correa cannot manipulate the currency and hence has inflation of less than 5% compared to Venezuela's 18% and Argentina's 25%.
Dec 26th, 2012 - 09:26 am - Link - Report abuse 0
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ChrisR
Still a nutter on the world stage though.
Dec 26th, 2012 - 10:43 am - Link - Report abuse 0
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Anglotino
Yeah but too small and unimportant to be dangerous. He's not as shrill as some and doesn't ambush world leaders for photo ops.

He's quite welcome to Assange and I hear Assad Bashar might be afforded the same treatment. It would seem that you only have to hate the US to be considered left in Latin America.

But at least he is using Ecuador's growth to spread the wealth and much more sustainably than Venezuela or Argentina. Inflation is not destroying wealth and there is no devaluation on the horizon.
Dec 26th, 2012 - 11:37 am - Link - Report abuse 0
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Captain Poppy
Vote shopping........I guess that is what south america calls democracy.....literally put money in the pockets of the masses.....the poor masses.
Dec 26th, 2012 - 01:36 pm - Link - Report abuse 0
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Britworker
Hmmm, lime green tracksuits? Are they in now in SA?
Dec 26th, 2012 - 10:09 pm - Link - Report abuse 0
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British_Kirchnerist
Great policy, hope (and expect) he wins =)

“The natural leader of the group is Venezuela’s Hugo Chavez, but given his health condition, there is speculation that the charismatic Correa could fill his absence”

Or Cristina =) I must say if Cristina is the world's most beautiful head of state, Correa is probably the handsomest =) Not that there necessarily will be an absence, and if Chavez departs Maduro seems an excellent successor
Dec 31st, 2012 - 12:57 pm - Link - Report abuse 0
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Captain Poppy
If you ever do manage to make a contribution here that anyone takes serious, it is negated by your affliction with peoples looks.
Dec 31st, 2012 - 03:19 pm - Link - Report abuse 0
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British_Kirchnerist
#8 Look at it this way, I'm never negative about anyones looks, never mean or call anyone “ugly”, but if they're very good looking I feel free to be positive =)
Dec 31st, 2012 - 06:53 pm - Link - Report abuse 0
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ChrisR
“Oct 6, 2010 ... Correa was in a hospital for hours after been gassed by the mutinous forces of the police and government who rioted regarding cuts in wages”

Miraculously when he got out of hospital he mananged to find an INCREASE for them!

I bet he thought his end had come.
Jan 01st, 2013 - 11:00 am - Link - Report abuse 0
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ioroman
Heading states a clear bias as Correa has not had an annual election, yet he has managed to increase the minimum wage every year. With a steady approval rate of around 75%, we Ecuadorians have the last word. Perhaps opposition candidates have a 75+% problem (quite a bit larger than Romney's 47%). Education reform, judicial system reform, improved and socialized health care, infrastructure improvements, etc, etc are some of the reason Correa will be re-elected.
Jan 03rd, 2013 - 06:22 am - Link - Report abuse 0
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British_Kirchnerist
#11 Brilliant comment =)
Jan 04th, 2013 - 01:31 pm - Link - Report abuse 0
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