July 25, 2024

Banker Beats Socialist in Ecuador Runoff After Surprise Surge

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With 97% of the votes counted, the 65-year-old Lasso had 52.5% compared with 47.5% for economist Andres Arauz, a left-wing protege of former president Rafael Correa. The win caps a surprise last-minute comeback in the polls by the pro-market candidate in the final weeks after Arauz, who conceded defeat on Sunday’s vote, won the first round by 13 percentage points. By Stephan Kueffner. Full Text -> BNNBloomberg

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