Eduardo's Feed
Feb 22, 2013

Ecuador’s Correa launches post-election investment drive

QUITO (Reuters) – Ecuadorean President Rafael Correa expects to strike a landmark mining deal with Canadian firm Kinross within six months as he tries to attract more foreign investment after winning re-election on the weekend.

In an interview with Reuters on Thursday, the 49-year-old leader also ruled out any major new socialist reforms during his next four-year term and said the South American country was well-placed to attract foreign companies.

Feb 21, 2013

Maduro could run Venezuela if Chavez resigned: Correa

QUITO (Reuters) – Ecuador’s President Rafael Correa said on Thursday that Venezuela’s Hugo Chavez is recovering from cancer surgery, but if he had to step down Vice President Nicolas Maduro would be “extremely capable” of running the OPEC nation.

Correa, who won a sweeping re-election victory on Sunday, told Reuters he thinks Maduro is the right person to take over in Venezuela if the socialist leader needs to step down.

Feb 20, 2013

Ecuador’s Correa vows to make socialist revolution ‘irreversible’

QUITO (Reuters) – Ecuadorean President Rafael Correa said his party likely won three-quarters of the seats in Congress in last weekend’s election and vowed on Wednesday to “steamroll” through reforms that will make his socialist model irreversible.

The 49-year-old economist was re-elected on Sunday with 57 percent of votes, some 34 percentage points more than the runner-up. During his six years in office he has won broad support with high spending on infrastructure and social welfare.

Feb 18, 2013

Ecuador’s re-elected Correa vows media and land reforms

QUITO (Reuters) – Ecuadorean President Rafael Correa vowed on Monday to press ahead with laws to control the media and redistribute land to the poor as he looks to deepen his socialist revolution after a resounding re-election victory.

Correa, a pugnacious 49-year-old economist, trounced his nearest rival by more than 30 percentage points on Sunday to win a new four-year term. He has already been in power for six years, winning broad support with ambitious social spending programs.

Feb 18, 2013

Ecuador’s Correa enjoys re-election, seeks investment

QUITO, Feb 18 (Reuters) – Ecuadorean President Rafael Correa
on Monday reveled in a sweeping re-election victory that allows
him to deepen his socialist revolution even as he seeks to woo
foreign investment in the resource-wealthy Andean nation.

The pugnacious 49-year-old economist trounced his nearest
rival by more than 30 percentage points on Sunday to win a new
four-year term. He has already been in power for six years,
winning broad support with ambitious social spending programs.

Feb 18, 2013

Ecuador’s Correa in re-election triumph, eyes investment for growth

QUITO, Feb 18 (Reuters) – Ecuadorean President Rafael Correa
reveled in a sweeping re-election victory that allows him to
deepen his socialist revolution even as he seeks to woo foreign
investment in the resource-wealthy Andean nation.

The pugnacious 49-year-old economist trounced his nearest
rival by more than 30 percentage points on Sunday to win a new
four-year term. He has already been in power for six years,
winning broad support with ambitious social spending programs.

Feb 18, 2013

Profile – Ecuador’s Correa: from boyhood leader to firebrand president

QUITO (Reuters) – Ecuador’s President Rafael Correa held his first cabinet meetings more than 35 years before he was elected.

As an 8-year-old in the bustling port of Guayaquil, according to his brother, he would play head of state with friends who gathered around him to serve as ersatz ministers taking his orders.

Feb 18, 2013

Ecuador’s Correa cruises to re-election victory

QUITO (Reuters) – Ecuadorean President Rafael Correa swept to a re-election victory on Sunday that allows him to strengthen state control over the OPEC nation’s economy and gives a timely boost to Latin America’s alliance of socialist leaders.

Correa won 58 percent of the votes compared with 24 percent for runner-up Guillermo Lasso, according to preliminary results released by the electoral authority based on almost 30 percent of the votes counted.

Feb 14, 2013

Preview: Ecuador’s Correa favored to easily win re-election

QUITO (Reuters) – Ecuadorean President Rafael Correa, one of Latin America’s most outspoken leftist leaders, is almost certain to win re-election on Sunday thanks to heavy state spending that has benefited the poor.

The pugnacious and combative U.S.-trained economist has won strong support by using windfall oil earnings to give cash handouts to some 2 million people and expand access to healthcare and education.

Feb 14, 2013

Ecuador’s Correa favoured to easily win re-election

QUITO (Reuters) – Ecuadorean President Rafael Correa, one of Latin America’s most outspoken leftist leaders, is almost certain to win re-election on Sunday thanks to heavy state spending that has benefited the poor.

The pugnacious and combative U.S.-trained economist has won strong support by using windfall oil earnings to give cash handouts to some 2 million people and expand access to healthcare and education.

    • About Eduardo

      "Eduardo has been reporting from Ecuador since November 2011. He has written about the Andean country's oil industry, tensions between the government of President Rafael Correa and the media, and efforts by Ecuadorean plaintiffs to enforce an $18 billion ruling against U.S. oil company Chevron for polluting the Amazon. He was previously posted in Argentina where he covered the country's grains industry and in Bolivia where he wrote about President Evo Morales' efforts to give the majority Indian population more political power. Eduardo is a Spaniard who has also lived and reported in Guatemala and Britain."
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