President Rafael Correa has 60.6% of vote intention ahead of the February Executive and Legislative elections, which virtually ensures his re-election. He is followed by runner up and banker Guillermo Lasso with only 11.2% according to the latest public opinion poll release from Perfiles de Opinion.
Ecuador's Congress voted overwhelmingly Wednesday to grant President Rafael Correa a month-long leave of absence while he campaigns to be the first Ecuadorean leader in more than a century to hold the presidency for more than a single term.
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.
Ecuador's central bank president, Pedro Delgado, resigned on Wednesday after admitting that he did not hold a university degree in economics.
The head of the Argentine-Jewish Community Centre (AMIA), Guillermo Borger, warned the government of President Cristina Fernandez that the organization’s members are concerned by the lack of information regarding ongoing negotiations with Iran over the 1994 terrorist attack on the AMIA headquarters, which killed 85 people.
Ecuador's President Rafael Correa said he discussed with his Argentine counterpart Cristina Fernandez the legal dispute with US oil giant Chevron that has spilled over into her country.
Argentine Jewish organizations strongly criticized Ecuador’s president, Rafael Correa after he defended the Iranian government, comparing the 85 people killed in the 1994 AMIA attacks in Buenos Aires with the victims of “NATO bombings in Libya” in 2011.
Argentine President Cristina Fernandez criticized international organizations which she described as ‘predators’ and called for the region to create its own mechanisms to settle litigations among South American countries.
Ecuadorean president Rafael Correa triggered a serious controversy in Argentina when he defended close links with Iran and downplayed Teheran’s alleged role in the 1994 attack on the AMIA Jewish institution in Buenos Aires that killed 85 people and left hundreds injured.
The Mercosur summit which meets this week, December 6/7 in Brasilia is scheduled to debate the incorporation of Ecuador and Bolivia to the regional block which earlier this year, after waiting since 2006 finally integrated Venezuela as full member.