Ex-banker, Correa ally battle in Ecuador
Ex-banker, Correa ally battle in Ecuador
February 16 2017 10:41 PM
Moreno gives a speech during a campaign rally in Quito on Wednesday.
Reuters/Quito
An ally of leftist President Rafael Correa and a conservative former banker are battling to become Ecuador’s next president in Sunday’s election amid corruption scandals and a lacklustre economy.
Polls show 63-year-old former vice-president Lenin Moreno ahead, but the ruling party candidate, who has used a wheelchair since being shot during a 1998 robbery, appears to be just short of the minimum needed to win outright in the first round.
That would trigger an April 2 run-off, probably against opposition candidate Guillermo Lasso, a 61-year-old former executive president of Banco de Guayaquil.
Disparate opposition factions in the oil-producing country of 17mn people, which stretches from the Andes to the Galapagos Islands, may then unite to support Lasso, giving him an edge over Moreno, analysts said.
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http://www.gulf-times.com/story/533234/Ex-banker-Correa-ally-battle-in-Ecuador