The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
April 12, 2021

Conservative Ex-Banker Defeats Leftist Economist in Ecuadorian Presidential Election
------------------------------------------------------------------------------------

In Ecuador, conservative ex-banker Guillermo Lasso has won Sunday's
presidential election. Leftist economist Andrés Arauz conceded to Lasso
Sunday night. Lasso is backed by the country's business sector, favors
neoliberal policies and has vowed to increase foreign investment in
Ecuador. Arauz had the support of former President Rafael Correa, who
led the country from 2007 to 2017 and has been credited with lifting
over a million Ecuadorians out of poverty. Lasso will assume office on
May 24.


.