Uribe. Chávez. Correa. Is re-election such a bad thing?
Though facing a financially tough 2009, President Rafael Correa won Sunday’s vote. His government unveiled a controversial debt buyback plan a week before the election.
Diplomatic relations between Bogota and Quito remain distant despite efforts from the international community to mend them. Moreover, criminal and terrorist groups may take advantage of the situation along the border.
Ecuador faces harsh economic indicators in 2009. Still, President Rafael Correa commands high approval ratings as the country prepares for April elections.
As attention turned to the possibility that Ecuador may default on its foreign debt, AS/COA hosted its first Quito conference, bringing high-level private sector leaders and officials together to analyze the Andean country's outlook.
Ecuador is in the midst of a controversial constitutional reform expected to be voted on October 2008. But recent regional tensions with Colombia, a government takeover of several media outlets, and a ministerial shake-up have decreased popular support to approve the measure.
