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
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%.
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.
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
#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 =)
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!
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.
Comments
Disclaimer & comment rulesWhat a cynical plot to buy his re-election!
Dec 26th, 2012 - 08:45 am - Link - Report abuse 0Though 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 0Still a nutter on the world stage though.
Dec 26th, 2012 - 10:43 am - Link - Report abuse 0Yeah but too small and unimportant to be dangerous. He's not as shrill as some and doesn't ambush world leaders for photo ops.
Dec 26th, 2012 - 11:37 am - Link - Report abuse 0He'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.
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 0Hmmm, lime green tracksuits? Are they in now in SA?
Dec 26th, 2012 - 10:09 pm - Link - Report abuse 0Great policy, hope (and expect) he wins =)
Dec 31st, 2012 - 12:57 pm - Link - Report abuse 0The 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
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#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 0Oct 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
Jan 01st, 2013 - 11:00 am - Link - Report abuse 0Miraculously when he got out of hospital he mananged to find an INCREASE for them!
I bet he thought his end had come.
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#11 Brilliant comment =)
Jan 04th, 2013 - 01:31 pm - Link - Report abuse 0Commenting for this story is now closed.
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