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☆ Ecuador’s raid on Mexico’s embassy shocked Latin America. Here’s why it may still pay off for Daniel Noboa
▼ + stars: | 2024-04-10 | by ( Stefano Pozzebon | ) edition.cnn.com time to read: +7 min

Ecuador's President Daniel Noboa during his inauguration at the National Assembly in Quito on November 23, 2023. A close ideological ally of Correa, Lopez Obrador had since December allowed Glas to live at the Mexican embassy—territory that is technically off limits for local authorities. Lopez Obrador last week seemed to criticize the election that brought Noboa to power, suggesting the climate of fear created by Villavicencio’s murder had favored Noboa. President of Mexico Andres Manuel Lopez Obrador speaks during a briefing at Palacio Nacional on March 12 in Mexico City. Hector Vivas/Getty ImagesWhile Lopez Obrador is at the sunset of his political career, Noboa is just getting started and seeks a strong platform to run for re-election next year.

Persons: “, ”, Jorge Glas, Ecuador’s, Daniel Noboa, Andres Manuel Lopez Obrador, Noboa, Guillermo Lasso, Fernando Villavicencio, Alfredo ‘ Fito ’ Macias, RODRIGO BUENDIA, Glas, Rafael Correa, Lopez Obrador, Evo Morales, Peru’s Pedro Castillo, Correa, Villavicencio’s, Santiago Orbe, ” Orbe, Mexico Andres Manuel Lopez Obrador, Hector Vivas, Emilio Lezama, Bukele, Latinobarometro, It’s, it’s Organizations: Bogota CNN —, Colombian, National, Getty, Ecuadorian, CNN, Palacio Nacional, International Court of Justice Locations: Bogota, America, Guyana, Quito, Mexican, Mexico, Latin America, AFP, Ecuador, Glas, Vienna, Ukraine, Mexico City, El, El Salvador

☆ Ecuadorians wanted an action man. President Noboa has fulfilled that role — embassy raid included
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: +7 min

The President of the Republic of Ecuador, Daniel Noboa, during the Spain-Ecuador business meeting at the headquarters of the CEOE, on 25 January, 2024 in Madrid, Spain. "President Noboa has given a strong message to the nation," said Carlos Galecio, a political communications consultant and coordinator of the communications program at Ecuador's Casa Grande University. "I am in favor of President Noboa's actions. "The priority is to clean, sanitize, continue with a process as important as President Noboa's to put the house in order." "The United States takes very seriously the obligation of host countries under international law to respect diplomatic missions," said Brian Nichols, assistant secretary of state for Western Hemisphere affairs.

Persons: Daniel Noboa, Daniel Noboa's, Ecuadorians, Noboa, Carlos Galecio, Rafael Correa, Nayib Bukele, Cedatos, Jorge Glas, Glas, Noboa's, Gabriela Sandoval, Roberto Aspiazu, Will Freeman, Freeman, Brian Nichols Organizations: Ecuadorian, Associated Press, Casa Grande University, Statistics, Police, Vienna Convention, America's Pacific Alliance, Foreign Relations, Mexico's, Jalisco New Generation, United, Western Hemisphere Locations: Republic of Ecuador, Spain, Ecuador, Madrid, Belgium, El Salvador, Quito, Vienna, Mexico, The Hague, Noboa, York, Latin America, Colombia, Peru, Mexico's Sinaloa, Jalisco, U.S, United States

☆ Ecuador’s youngest mayor shot dead, police say
▼ + stars: | 2024-03-25 | by ( Heather Law | David Shortell | ) edition.cnn.com time to read: +2 min

CNN —Ecuador’s youngest mayor, 27-year-old Brigitte García, was found shot dead Sunday morning, the country’s national police said. Garcia was the youngest mayor in the country, according to her X profile. She was the youngest mayor of the country,” he added, along with a photo that showed him and García embracing. A memorial for García is planned for Monday afternoon, according to the San Vicente municipality. Ecuadorian police and people gather at the scene where Ecuador's youngest mayor, Brigitte Garcia was found shot dead in a car, according to the police, near San Vicente, Ecuador, in this handout image released on March 24, 2024.

Persons: CNN —, Brigitte García, García, Jairo Loor, Garcia, Rafael Correa, Brigitte, Brigitte Garcia, José Adolfo Macías, ’, Daniel Noboa, Correa Organizations: CNN, Ecuadorian Ministry of Government, State, Ecuadorian, San, National Police, Reuters, Citizen Revolution Party Locations: San Vicente, San Vicente municipality, Ecuador, Reuters Ecuador, Guayaquil

☆ I Trafficked $5 Million Worth of Cocaine Internationally
▼ + stars: | 2024-02-28 | by ( Dylan Brzezinski | Ju Shardlow | ) www.businessinsider.com time to read: +1 min

Pieter Tritton, a former cocaine smuggler, returns for a second interview with Business Insider about his experience trafficking drugs from South America to the United Kingdom. Tritton says he started selling cocaine in the illegal rave scene in the UK in the 2000s. The National Crime Agency estimates the UK cocaine market is worth $13.8 billion, or £11 billion, a year. In the year ending March 2023, over 92 metric tons of illegal drugs were seized by police and Border Force, the highest volume since 2003 to 2004. This story is available exclusively to Business Insider subscribers.

Persons: Pieter Tritton, Tritton, Garcia Moreno, El Organizations: Business, Crime Agency, Border Force Locations: South America, United Kingdom, Europe, Ecuador, Quito, Litoral Penitentiary, Guayaquil

☆ Ecuador Top Court Recognizes Right to Euthanasia
▼ + stars: | 2024-02-07 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

By Alexandra ValenciaQUITO (Reuters) - Ecuador's Constitutional Court on Wednesday approved a request from a terminally ill patient to decriminalize euthanasia and ordered the National Assembly to approve a law regulating the procedure within a year. Paola Roldan, who was diagnosed with amyotrophic lateral sclerosis (ALS) in 2020, petitioned Ecuador's top court in August last year to recognize her right to euthanasia, given her deterioration and pain caused by the illness. The resolution is immediately applicable and Roldan can choose to be euthanized whenever she decides, her lawyers told journalists. Ecuador is the latest country in the region to authorize euthanasia, following Cuba - which gave it the green light in December - and neighboring Colombia, which allows euthanasia in certain instances. "This has been a very special moment for me," Roldan told journalists, adding she will now take time to assimilate what this means alongside her lawyers.

Persons: Alexandra Valencia, Paola Roldan, Ecuador's, Roldan, Oliver Griffin, Sandra Maler Organizations: Alexandra Valencia QUITO, National Assembly, Ministry of Health Locations: Ecuador, Cuba, Colombia

QUITO, Ecuador (AP) — Ecuador’s high court on Wednesday decriminalized euthanasia and ordered lawmakers and health officials to draft rules and regulations for the procedure. The decision of Ecuador’s highest court came in response to a lawsuit from a terminally ill woman diagnosed with amyotrophic lateral sclerosis, commonly known as ASL, who had argued that she should be allowed to have death with dignity. In Latin America, Colombia previously had been the only country to decriminalize euthanasia, while Uruguay and Chile are debating the matter. The lawsuit in Ecuador was filed by Paola Roldán in August 2023. She argued that a death with dignity is a right of “those who suffer and have suffered serious or incurable diseases."

Persons: Paola Roldán, ” Roldán Locations: QUITO, Ecuador, America, Colombia, Uruguay, Chile

☆ Ecuador Police Capture Leader of Colombian Dissident Rebel Group
▼ + stars: | 2024-01-22 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

QUITO (Reuters) - Ecuador's police on Monday said they have captured the leader of Colombian armed group Oliver Sinisterra and that Ecuadorean authorities will return him to Colombia. News of the capture comes amid a military offensive launched by Ecuador's government to combat criminal gangs. "An immigration hearing will be held so that he can be expelled from Ecuador and sent to Colombia," Ecuador police commander Cesar Zapata told reporters. Oliver Sinisterra is a faction of the Segunda Marquetalia group of dissident rebels of the now-demobilized Revolutionary Forces of Colombia (FARC) which abandoned a 2016 peace deal with the state. The Oliver Sinisterra front operates in Colombia's Narino province and Ecuador's Esmeraldas province.

Persons: Oliver Sinisterra, Daniel Noboa, Carlos L, El Gringo, Cesar Zapata, Zapata, Alexandra Valencia, Luis Jaime Acosta, Oliver Griffin, Marguerita Choy Organizations: Colombian, Segunda Marquetalia, Revolutionary Forces of Locations: QUITO, Colombian, Colombia, Imbabura, Ecuador, San Lorenzo, Revolutionary Forces of Colombia, Colombia's Narino, Ecuador's Esmeraldas

☆ Organized Crime Prosecutor in Ecuador's Guayas Killed-AG's Office
▼ + stars: | 2024-01-17 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

QUITO (Reuters) - Ecuadorean prosecutor Cesar Suarez, who focused on pursuing organized trans-national crime in Guayas province, one of the country's most violent areas and the site of an on-air attack on a television station last week, has been killed, the attorney general said on Wednesday. In response President Daniel Noboa declared a 60-day state of emergency, including a nighttime curfew, and designated 22 criminal groups as terrorist organizations. "The criminals, the terrorists, will not hold back our commitment to Ecuadorean society," attorney general Diana Salazar said in a video posted to social media. "We call on the forces of order to guarantee the security of those who are carrying out their duties." Her office was conducting a preliminary investigation at the site of the killing, Salazar said, expressing her grief for Suarez's family but giving no further details about the crime.

Persons: Cesar Suarez, Daniel Noboa, Diana Salazar, Salazar, Alexandra Valencia, Julia Symmes Cobb Organizations: TC Television Locations: QUITO, Guayas province, Ecuador, Guayaquil

☆ Ecuador Cracks Down on Prisons to Restore Order After Hostage Crisis
▼ + stars: | 2024-01-14 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

QUITO (Reuters) - Ecuador's police and military on Sunday were aiming to restore order inside the country's dangerous prisons where dozens of staff were held hostage by inmates amid an uptick in violence in the Andean nation. Images on social media shared by Ecuadorean armed forces showed shirtless prisoners on their knees with hands on their heads as armed soldiers entered the seven jails that were the scenes of a hostage crisis that ended Saturday evening. Security forces were conducting searches and regaining control of the prisons, the military said. We are doing so in a very calm manner," Norman Cano, police chief at the Esmeraldas prison, said on social media. The hostages, which the SNAI prison agency previously said were 158 guards and 20 administrative staffers, were held since last Monday in at least seven prisons before they were freed.

Persons: Norman Cano, Daniel Noboa's, Alexandra Valencia, Cassandra Garrison, Mark Porter Organizations: Security Locations: QUITO

☆ Top development banks, funds set up 'debt-for-nature' task force
▼ + stars: | 2023-12-04 | by ( Marc Jones | ) www.reuters.com time to read: +2 min

[1/2] Fishermen go out to sea after Ecuador's goverment expanded the protected marine area around the Galapagos Islands, Ecuador January 24, 2022. REUTERS/Santiago Arcos Acquire Licensing RightsLONDON, Dec 4 (Reuters) - A consortium of top multilateral development banks (MDB) and climate funds launched a global "task force" on Monday to scale up the number and size of 'debt-for-nature' swaps that countries can do. It will initially be led by the Inter-American Development Bank (IDB) and the U.S. International Development Finance Corporation (DFC), lenders which between them have been involved in all the recent swaps, also including Barbados and Gabon. The Asian Development Bank, the African Development Bank, France's Agence Française de Développement, and the European Investment Bank will also be part of the task force, as well as the Green Climate Fund and the Global Environment Facility. Development banks play a particularly important role in debt-for-nature swaps because they provide the credit guarantees and/or political risk insurance that make them viable.

Persons: goverment, Santiago Arcos, Ilan Goldfajn, Scott Nathan, Marc Jones, Kirsten Donovan Organizations: REUTERS, Santiago, Reuters, Inter, American Development Bank, U.S . International Development Finance Corporation, Asian Development Bank, African Development Bank, France's Agence Française, European Investment Bank, Climate Fund, Global, Thomson Locations: Ecuador, Belize, Barbados, Gabon

[1/4] An illegal money changer checks old U.S. dollars at a marketplace in Harare, Zimbabwe, November 26, 2020. The government reintroduced the local currency in 2019, but it rapidly lost value. Zimbabwe's dollarization story is as full of warnings as it is with promise. During the five years before dollarization in 2000, the monthly measure of annualized inflation averaged 33% in Ecuador. "With our local currency we couldn't buy anything, it was very expensive to acquire things, so dollarization ... allowed people to have greater security in their purchases."

Persons: Javier Milei, Milei, Zimbabwe's, Bongiwe Mudau, Dollarization, dollarization, Mudau, Moses Mhlanga, Nestor Cerneaz, Wilson Andrade, Juan Carlos Villota, Guido Puig, Tito Correa, Nyasha, Miguel Lo Bianco, Rodrigo Campos, Adam Jourdan, Karin Strohecker, Rosalba O'Brien Organizations: REUTERS, Philimon, Rights, U.S ., Reuters, International Monetary Fund, hawker, Reuters Graphics Reuters, dollarization, Thomson Locations: Harare, Zimbabwe, Philimon Bulawayo, Rights QUITO, HARARE, BUENOS AIRES, Zimbabwe's, Quito, Ecuador, Argentina, El Salvador, greenbacks, Buenos Aires, Argentine, New York

☆ New Ecuador president Noboa pledges reforms to reduce violence, create jobs
▼ + stars: | 2023-11-23 | by ( Alexandra Valencia | ) www.reuters.com time to read: +4 min

[1/2] Ecuador's President Daniel Noboa signs first decrees to appoint ministers, at the Presidential Palace (Palacio de Carondelet) on the day of his swearing-in ceremony, in Quito, Ecuador November 23, 2023. REUTERS/Karen Toro Acquire Licensing RightsQUITO, Nov 23 (Reuters) - Business heir and former legislator Daniel Noboa was sworn in as Ecuador's new president on Thursday, pledging to reduce violence and create jobs via urgent legislative reforms. Noboa will serve as president for just 17 months, finishing predecessor Guillermo Lasso's term after Lasso brought forward elections to avoid likely impeachment. DEBT AND SECURITYThough most of Noboa's cabinet was sworn in later on Thursday, the young president did not appoint a minister of economy and finance, leaving the position vacant. Noboa is the son of Alvaro Noboa, a powerful banana baron billionaire who repeatedly failed to win Ecuador's presidency.

Persons: Daniel Noboa, Karen Toro, Fernando Villavicencio, Noboa, Guillermo Lasso's, Lasso, Sariha Moya, Rafael Correa, Alvaro Noboa, Lavinia Valbonesi, Alexandra Valencia, Julia Symmes Cobb, Oliver Griffin, Marguerita Choy, Bill Berkrot Organizations: Carondelet, REUTERS, Rights, National Assembly, El, Social Christian Party, Citizens, Ecuador's, Thomson Locations: Quito, Ecuador, Rights QUITO, American, Noboa, Europe

☆ Ecuador legislature begins new session, Noboa joins leftists for majority
▼ + stars: | 2023-11-17 | by ( Alexandra Valencia | ) www.reuters.com time to read: +2 min

Members of Ecuador's National Assembly take part in a session, the first since President Guillermo Lasso dissolved the assembly, to elect a new head of the legislature, in Quito, Ecuador November 17, 2023. The legislature was dissolved in May by outgoing President Guillermo Lasso to avoid his own likely impeachment, bringing forward legislative and presidential elections scheduled for 2025. Analysts say the coalition could help Noboa ensure he is able to govern - unlike his predecessor Lasso - during his truncated term. Noboa, who won a runoff election in October to beat Correa's protégé Luisa Gonzalez, will be sworn in next week. Reporting by Alexandra Valencia; Writing by Oliver Griffin; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Guillermo Lasso, Karen Toro, Daniel Noboa, Rafael Correa, Henry Kronfle, Noboa, ADN, Alfredo Espinosa, Fernando Villavicencio, Correa, Correa's protégé Luisa Gonzalez, Alexandra Valencia, Oliver Griffin, Richard Chang Organizations: Ecuador's National, REUTERS, Rights, National, Social Christian Party, PSC, Noboa's National Democratic, Thomson Locations: Quito, Ecuador, Rights QUITO

☆ Cocaine still Colombia drug gangs' top export despite fentanyl's ascendancy
▼ + stars: | 2023-11-15 | by ( Luis Jaime Acosta | Thomson Reuters | Luis Jaime Has Worked At Reuters For More Than Years. While He Chiefly Covers Colombia'S Armed Conflict | ) www.reuters.com time to read: +2 min

Rocketing consumption of synthetic drug fentanyl in the U.S. has led some - including Colombia's President Gustavo Petro - to forecast declines in cocaine production in the Andean country, the world's leading producer. Coca production is taking place in new areas and fresh trafficking routes are opening up, Zapata said. Ecuador's incoming president, Daniel Noboa, who takes office this month, has promised to confront rising crime in the country, where violence linked to drug trafficking has increased sharply. Colombia hopes to destroy 200 square kilometers of coca crops by the end of the year and seize a record 834 tons of cocaine. "Drug trafficking is changing.

Persons: Luisa Gonzalez, Gustavo Petro, We're, Nicolas Zapata, Petro, Zapata, Daniel Noboa, we've, Luis Jaime Acosta, Oliver Griffin, Marguerita Choy Organizations: REUTERS, Rights, Colombian, United Nations Office, Drugs, Thomson Locations: Putumayo, Colombia, Rights BOGOTA, U.S, Europe, Ecuador

☆ Ecuador's incoming president picks new finance chief
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

Noboa, 35, has pledged to rebuild the South American country's ailing economy, create jobs and work to quell rising crime and violence largely blamed on organized crime. Moya will serve in a cabinet that the incoming president has pledged will feature an equal number of women and men. Noboa faces the challenge of a local economy that has struggled since the coronavirus pandemic, pushing thousands of Ecuadoreans to migrate. In October's run-off election, Noboa won about 52% of the vote, besting leftist adversary Luisa Gonzalez's 48% support. Reporting by Yury Garcia in Guayaquil; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Daniel Noboa, Guillermo Lasso, Noboa, Karen Toro, Sariha Moya, Moya, Luisa Gonzalez's, Yury Garcia, Sandra Maler Organizations: Ecuadorian, REUTERS, Rights, Thomson Locations: Quito, Ecuador, Rights GUAYAQUIL, Noboa, United States, Guayaquil

☆ U.S. back racking up gold while Pan Am Games problems mount
▼ + stars: | 2023-10-30 | by ( Steve Keating | ) www.reuters.com time to read: +4 min

Problems began early on Sunday when it was discovered the route for the women's 20 kilometre race walk won by Peru's Kimberly Garcia was nearly three kilometres short. After hitting the pause button the United States gold medal machine was back in gear on Sunday adding seven to their total. The Americans opened the Games piling up 59 gold over the first five days but managed just two over the next three. The U.S. also won three of the six gold on offer at the canoe slalom while the other three went to Brazil. Brazil finished the day claiming the gold in women's handball beating their great rivals Argentina 30-18 and in women's basketball with a 50-40 win over Colombia.

Persons: Ashley Twichell, Brazil's Ana Marcela Cunha, Brazil's Viviane, Pan, Peru's Kimberly Garcia, Garcia, Ana Marcela Cunha, Brennan Gravley, Twichell, Lauren Stephens, Ecuador's Jhonatan Narvaez, Steve Keating, Michael Perry Organizations: Santiago, Lima Pan Am, Pan American Athletics Association, Vina, Brazil's Tokyo, U.S, Pan Ams, Guadalajara Games, U.S . Olympic, Tokyo Games, Argentina, Colombia, Thomson Locations: Morros, Santiago, Chile, SANTIAGO, United States, Lima, Brazil, Mar, Paraguay, States, U.S, Mexico, Paris

☆ Colombia to send energy to drought-stricken Ecuador
▼ + stars: | 2023-10-29 | by ( ) www.reuters.com time to read: +1 min

[1/2] View of the installations of Ecuador's hydroelectric power station Coca Codo Sinclair in Napo, Ecuador June 1, 2018. Ecuadorean President Guillermo Lasso said Colombia would provide 450 megawatts, helping Ecuador fill a 650-megawatt deficit due to low-producing hydro-electric plants amid the worst drought in 50 years. The drought, which the government attributes to the El Nino weather pattern, has affected the eastern and southern regions where 90% of Ecuador's hydro-electric plants operate. The countries are evaluating payment options, including Ecuador potentially providing energy to Colombia once its drought ends. "We're going to fill the deficit of Ecuador's energy demand," Petro said.

Persons: Sinclair, Daniel Tapia, Guillermo Lasso, Gustavo Petro, Lasso, Petro, Alexandra Valencia, Luis Jaime Acosta, Daina Beth Solomon, Raju Gopalakrishnan Organizations: REUTERS, Rights, El, Colombian, Thomson Locations: Napo, Ecuador, Rights BOGOTA, Colombia, Bogota, Peru, Guayaquil

☆ Garcia golden after Pan Am Games race walk comes up short
▼ + stars: | 2023-10-29 | by ( Steve Keating | ) www.reuters.com time to read: +2 min

SANTIAGO, Oct 29 (Reuters) - Peru's Kimberly Garcia won gold in the Pan American Games women's 20 kilometre race walk on Sunday but her time was voided after it was discovered the course was several kilometres short. Ecuador's Glenda Morejon took silver and Peru's Evelyn Inga bronze after completing a route which athletes believe was about 3km short. With women's event completed and the men's race about to get underway organisers delayed the start for over an hour to quickly remeasure the route to the official distance. Ecuador's Alexander Hurtado would win the men's gold in 1:19.20 just four seconds ahead of world championship bronze medallist Caio Bonfim of Brazil. "The expert commissioned by APA, Mr. Marcelo Ithurralde, did not take accurate measurements of the route the athletes took during the race.

Persons: SANTIAGO, Peru's Kimberly Garcia, Garcia, Ecuador's Glenda Morejon, Evelyn Inga bronze, Ecuador's Alexander Hurtado, Caio Bonfim, Marcelo Ithurralde, Steve Keating Organizations: Pan American, Lima Pan Am, Pan American Athletics Association, APA, Pan American Sport Organisation, Thomson Locations: Lima, Brazil, Parque O'Higgins, Santiago

☆ Colombia to Send Energy to Drought-Stricken Ecuador
▼ + stars: | 2023-10-28 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

BOGOTA (Reuters) - Colombia will sell geothermal energy to Ecuador to help the neighboring country avoid electricity cuts brought about by severe drought, the presidents of both countries said Saturday. Ecuadorean President Guillermo Lasso said Colombia would provide 450 megawatts, helping Ecuador fill a 650-megawatt deficit due to low-producing hydro-electric plants amid the worst drought in 50 years. The countries are evaluating payment options, including Ecuador potentially providing energy to Colombia once its drought ends. Lasso said Peru would export another 50 megawatts to Ecuador, and Guayaquil business leaders with thermal plants have the ability to provide another 100 megawatts. "We're going to fill the deficit of Ecuador's energy demand," Petro said.

Persons: Guillermo Lasso, Gustavo Petro, Lasso, Petro, Alexandra Valencia, Luis Jaime Acosta, Daina Beth Solomon, Raju Gopalakrishnan Organizations: El, Colombian Locations: BOGOTA, Colombia, Ecuador, Bogota, Peru, Guayaquil

☆ Businessman Noboa to face economic, security hurdles as Ecuador president
▼ + stars: | 2023-10-16 | by ( Alexandra Valencia | ) www.reuters.com time to read: +4 min

"We do not anticipate the Noboa administration will be in the position to carry out deep structural reforms." Noboa is set to take office in December and complete the current administration's term through May 2025. Noboa will need to ensure some quick security wins during his first 90 days in office to appease social and political pressures, JPMorgan added. Noboa, Ecuador's youngest president in recent history, would be able to run again in the regularly scheduled 2025 contest. Noboa made a special point to woo young people, with some supporters touting his victory as a fresh start for the country's politics.

Persons: Daniel Noboa, Noboa, Luisa Gonzalez, Rafael Correa, Ecuadorean, Goldman Sachs, Fernando Villavicencio, Alvaro, Guillermo Lasso, Lasso, Alexandra Valencia, Rodrigo Campos, Julia Symmes Cobb, Gerry Doyle, Jonathan Oatis Organizations: Wall Street, JPMorgan, El, National Democratic Action, Thomson Locations: QUITO, American, Ecuador, Quito, Ecuador's

☆ Former Bank of China chairman arrested for suspected bribery - state media
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: 1 min

Americas category · October 16, 2023 · 2:27 AM UTCBusiness scion Daniel Noboa will fulfill a long-held family ambition when he takes office as Ecuador's president, after winning election on Sunday on promises to create jobs and bring crime gangs under control.

Persons: Daniel Noboa

QUITO/GUAYAQUIL, Oct 15 (Reuters) - Business heir Daniel Noboa on Sunday won Ecuador's presidential election, vowing to rebuild the South American country, which is struggling with a weak economy and rising crime and violence. "From tomorrow Daniel Noboa starts work as your new president," he added. "Daniel Noboa, our profound congratulations, because this is democracy," Gonzalez told supporters in Quito, calling on Noboa to fulfill his promises to students and the elderly. [1/16]Ecuadorian presidential candidate Daniel Noboa and his wife Lavinia Valbonesi celebrate his win in the presidential election, in Santa Elena, Ecuador. Analysts have said a Noboa victory initially could be perceived as positive by investors, but longer-term outlook will depend on his cabinet appointments.

Persons: Daniel Noboa, Noboa, Fernando Villavicencio, Alvaro, Luisa Gonzalez, Gonzalez, Rafael Correa, Lavinia Valbonesi, Santiago Arcos, Eduardo Chavez, Diana Atamaint, Correa, Guillermo Lasso, Alexandra Valencia, Yury Garcia, Tito Correa, Rodrigo Campos, Julia Symmes Cobb, Diane Craft, Bill Berkrot, Deepa Babington, Gerry Doyle Organizations: Sunday, Ecuadorian, Santiago, National Democratic, Thomson Locations: QUITO, GUAYAQUIL, American, Ecuador, Olon, Quito, Santa Elena, Guayaquil, Sucumbios, Nicaragua, Russia, Belarus, Israel, Canuto, New York

☆ Candidates vote in Ecuador's presidential election
▼ + stars: | 2023-10-15 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsCandidates vote in Ecuador's presidential electionPostedEcuadorean presidential hopefuls and rivals Luisa Gonzalez and Daniel Noboa cast their ballots on Sunday (October 15) as the country faces a tight presidential race.

Persons: Luisa Gonzalez, Daniel Noboa

☆ Ecuadoreans weigh economic, security pledges in presidential ballot
▼ + stars: | 2023-10-15 | by ( Alexandra Valencia | ) www.reuters.com time to read: +4 min

The violence, which the outgoing government blames on drug gangs, reached a crescendo during the campaign with the murder of anti-corruption candidate Fernando Villavicencio, who was shot dead while leaving a Quito campaign event in August. He is the son of multimillionaire banana magnate Alvaro Noboa, who himself ran unsuccessfully for president numerous times. "So while the first reaction is positive, because he's a pro-business candidate, pro-business and pro-markets can mean two different things." Both have pledged to beef up security at ports and airports, hot spots for drug smuggling. About a quarter of the 13 million Ecuadoreans obliged to vote are between the ages of 18 and 29.

Persons: Ecuadoreans, Fernando Villavicencio, Daniel Noboa, Luisa Gonzalez, Rafael Correa, Gonzalez, Alvaro Noboa, Guillermo Lasso, Zulfi Ali, Ali, he's, Correa, Noboa, Alexandra Valencia, Rodrigo Campos, Julia Symmes Cobb, Diane Craft Organizations: Voters, PGIM, Correa's Citizens, National Democratic, Thomson Locations: QUITO, Quito, Guayaquil, New York

☆ Ecuador candidates close campaigning ahead of Sunday vote
▼ + stars: | 2023-10-12 | by ( Alexandra Valencia | ) www.reuters.com time to read: +2 min

[1/4] Ecuadorean presidential candidate Luisa Gonzalez waves Ecuador's flag as vice presidential candidate Andres Arauz looks on during a campaign rally, in Quito, Ecuador October 11, 2023. The campaign ahead of Sunday's election has been marked by violence and threats against candidates, including anti-corruption candidate Fernando Villavicencio's murder before the August first round. Noboa closed campaigning in Quito on Wednesday with a caravan around the city, though a technical issue with his flight from Guayaquil significantly delayed his agenda. More than 13 million people are obliged to vote in the contest, whose winner will govern during a shortened term until May 2025. Reporting by Alexandra Valencia Writing by Julia Symmes Cobb Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Luisa Gonzalez, Andres Arauz, Karen Toro, Daniel Noboa, Fernando Villavicencio's, Noboa, Gonzalez, Rafael Correa, hasn't, doesn't, Alexandra Valencia, Julia Symmes Cobb, Josie Kao Organizations: REUTERS, Rights, Manta, Thomson Locations: Quito, Ecuador, Rights QUITO, Guayaquil, Santa Elena

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