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Éric Toussaint, Correa's Legacy — Sidecar

19 April 2021Politics
In the second round of Ecuador’s presidential election on 11 April 2021, the right-wing former banker Guillermo Lasso defeated Andres Arauz, the candidate supported by Rafael Correa and sections of the left, by 52.4% to 47.6%. An opportunity to break with Lenín Moreno’s neoliberal policies has been lost. Though opportunistically critical of Moreno during his campaign, Lasso will continue in the same harmful direction: advancing the interests of big capital (particularly the powerful banking sector and import-export industry), welcoming foreign multinationals, uniting with other right-wing leaders in Latin America, and submitting to US dominance of the region. How can this disappointing outcome be explained, given the vast anti-austerity mobilizations that shook the country’s political establishment in 2019? ....

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Ecuador: From Rafael Correa to Guillermo Lasso via Lenin Moreno

On 11 April 2021, Guillermo Lasso (52,4%), the right-wing candidate, defeated Andres Arauz, the candidate supported by Rafael Correa and part of the Left, by 52.4% vs 47.6% in the second round of ballots for the presidential election. Lasso was elected thanks to the division of the Left, since a significant part of it, which has become deeply diffident of Rafael Correa, called for a null vote. Votes on the popular side, that represented a clear majority in the first round of February 2021, were divided, which made it possible for a former banker to be elected president. The situation is serious for an opportunity to break away from Lenin Moreno’s brutal neoliberal policies has been lost. Former banker Lasso, though critical of Lenin Moreno’s positions out of sheer electoral calculation, will continue in the same harmful direction: a deepening of neoliberal policies, submission to the private interests of Big Capital, particularly of Ecuador’s powerful banking sector and of t ....

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From Rafael Correa to Guillermo Lasso via Lenin Moreno - International Viewpoint

“The election of Lasso as president opens a new stage in the implementation of policies that will be even more favourable to Ecuadorian Big Capital, to foreign multinational corporations, to an alliance among right-wing presidents in Latin America and to the pursuit or indeed reinforcement of US domination on the continent.” ....

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Ex-Ecuadorian leader Gustavo Noboa dies after brain surgery

Ex-Ecuadorian leader Gustavo Noboa dies after brain surgery
Former President Gustavo Noboa, who restored some stability to Ecuador during a profound economic crisis that produced political turmoil at the beginning of the century, died Tuesday in the U.S. following surgery for a brain tumor.PTI | Quito | Updated: 17-02-2021 03:52 IST | Created: 17-02-2021 03:52 IST
Former President Gustavo Noboa, who restored some stability to Ecuador during a profound economic crisis that produced political turmoil at the beginning of the century, died Tuesday in the U.S. following surgery for a brain tumor. He was 83.
President Lenín Moreno confirmed Noboa s death in a tweet. “Ecuador is in mourning,” Moreno wrote. Starting tomorrow, I will decree a national mourning in memory of Gustavo Noboa, former President of the Republic. Beloved friend, respected democrat, youth moral builder, patriot. My condolences to his family and friends.” Noboa became president in January 2000 a ....

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Ex-Ecuadorian leader Gustavo Noboa dies after brain surgery - New Delhi Times - India's Only International Newspaper

Former President Gustavo Noboa, who restored some stability to Ecuador during a profound economic crisis that produced political turmoil at the beginning of the century, died Tuesday in the U.S. following surgery for a brain tumor. He was 83. President Lenín Moreno confirmed Noboa's death in a tweet. “Ecuador is in mourning,” Moreno wrote. "Starting… ....

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