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Ecuador’s Noboa will struggle in office

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ECUADOR

His rival, Luisa Gonzalez of the leftist Citizen Revolution (RC), has recognised the result. Noboa, who belongs to one of Ecuador’s wealthiest families, will take office next…

Ecuador’s election run-off result will be tight

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ECUADOR

National legislative elections were also dominated by RC, which took nearly 40% of the vote. Two referendums on limiting extractive activities were held alongside the elections;…

Referendums may pose challenges for new Ecuador leader

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ECUADOR

The first relates to whether oil production should continue at three fields in and around the Yasuni National Park in the Amazonian region, and the second to whether mining…

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Argentina spending cuts aim to ease primary deficit

Location:

ARGENTINA

Massa also extended peso debt maturities through a successful debt swap. On the political front, he was able to overcome the resistance of Vice-President Cristina Fernandez de…