The Wave Keeps On: Ecuador Elects Leftist President

 
Leftist Rafael Correa, a 43 year-old middle-class economist, beat billionaire banana magnate Alvaro Noboa in Ecuador's runoff presidential election on November 26, capturing two-thirds of the vote. Ecuador now joins Bolivia, Venezuela, Nicaragua, Chile and Brazil in electing leftist chief executives within the last year. During the campaign he said "It is necessary to overcome all the fallacies of neoliberalism," and that he advocates "Socialism for the twenty-first century."

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