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August 11, 2009

Ecuador’s Correa Sworn In to Second Term
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Ecuadorian President Rafael Correa was sworn in for a second term on
Monday. The inauguration fell on the same day as Ecuador’s bicentennial
celebration. On the first day of his new term, Correa called for the
Union of South American Nations, or UNASUR, to negotiate a regional
monetary agreement and to move ahead with establishing a new
multilateral lending agency.

Rafael Correa: "Facing this global crisis that we are living through,
which is one of the most serious crises of the capitalist system, we
have to find profound solutions, solutions that are not going to be
found within the collapsing system. We have to construct creative,
revolutionary answers in order to build something new, something
better.”



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