Lenín Moreno Wins Ecuador Election with Correa Support

Lenín Boltaire Moreno Garcés, a popular former vice-president, won Ecuador’s presidential elections with 51 percent of the vote, defeating Guillermo Lasso, an executive of the nation’s second-largest bank. Outgoing President Rafael Correa, in power since 2007, supported Moreno in an election campaign marred by irregularities.… Read More Lenín Moreno Wins Ecuador Election with Correa Support

77-Year-Old Wall Street Favorite to Face Fujimori in Peru Runoff

By Nathan Gill and John Quigley April 12, 2016 (Bloomberg) — The victory by Pedro Pablo Kuczynski, a former finance minister, for second place in Sunday’s Peruvian president elections sets up a showdown between two business-friendly candidates, part of a regional backlash against left-wing politicians. Kuczynski, a 77-year-old Oxford-trained political economist who’s spent more than 50… Read More 77-Year-Old Wall Street Favorite to Face Fujimori in Peru Runoff

Ecuador Elects Army Colonel President in Runoff Vote Against Banana Magnate

Lucio Gutiérrez, an army colonel who helped overthrow two previous governments, was elected president in a second-round runoff vote against banana-export magnate Álvaro Noboa. Leader of the “Partido Sociedad Patriótica 21 de Enero” party and allied with the Indigenous Pachakutik and populist revolutionary party Movimineto Popular Democrático, Gutiérrez ran on a reform and anti-corruption platform amid an ongoing political crisis that has seen the collapse of the South American nation’s financial system and dollarization of the economy.… Read More Ecuador Elects Army Colonel President in Runoff Vote Against Banana Magnate