Latest posts by Milton Ramirez from April, 2009
With the majority of votes counted, Ecuadorian President Rafael Correa appears to be headed towards re-election without the necessity of a run-off. His party, PAIS Alliance, also captured the majority of seats in the National Assembly giving it increased power in the country. However, there are a lot of still unresolved problems facing the nation, and Correa hopes his "21st Century Socialism" will help address these issues.
In the middle of a tense election season in Ecuador and with the general elections scheduled for April 26, a popular television journalist was fired by the Ecuavisa [es] station. The decision to fire Carlos Vera has opened the debate whether journalist can indeed by partisan and favor one side...
With the social security system in need of serious reform in Ecuador due to past corruption and confusing language in employee and employer responsibilities, President Rafael Correa is backing a plan to create a new Affiliates Bank. This new entity will have more oversight by the central government, but place control in the hands of 5 individuals, re-opening worries that there might be potential for some of the previous problems that plagued the funds.