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Correa 'wins Ecuador's election' | Correa 'wins Ecuador's election' |
(about 21 hours later) | |
Leftist Rafael Correa has won Ecuador's presidential run-off election, a top electoral official has said. | Leftist Rafael Correa has won Ecuador's presidential run-off election, a top electoral official has said. |
With nearly all votes counted, Mr Correa had just over 57% of the vote while his conservative rival Alvaro Noboa polled 42.8%. | With nearly all votes counted, Mr Correa had just over 57% of the vote while his conservative rival Alvaro Noboa polled 42.8%. |
Washington has congratulated Mr Correa, who opposes a free trade deal with the US, on his apparent victory. | Washington has congratulated Mr Correa, who opposes a free trade deal with the US, on his apparent victory. |
Mr Noboa, a billionaire banana tycoon, has not yet accepted defeat and said he may ask for a recount if necessary. | Mr Noboa, a billionaire banana tycoon, has not yet accepted defeat and said he may ask for a recount if necessary. |
"Rafael Correa is the new president of Ecuador. The trend is not going to change," said Narciza Subia, one of seven Supreme Electoral Tribunal judges. | "Rafael Correa is the new president of Ecuador. The trend is not going to change," said Narciza Subia, one of seven Supreme Electoral Tribunal judges. |
On Monday, the Organisation of American States recognised Mr Correa's "presumed triumph" and US Ambassador Linda Jewell made a congratulatory telephone call. | On Monday, the Organisation of American States recognised Mr Correa's "presumed triumph" and US Ambassador Linda Jewell made a congratulatory telephone call. |
However, Mr Correa will not be officially named president-elect until all votes are counted. An official announcement is expected on Thursday. | However, Mr Correa will not be officially named president-elect until all votes are counted. An official announcement is expected on Thursday. |
Energy sector | Energy sector |
The 43-year-old economist has moved quickly to make policy announcements and appoint ministers. | The 43-year-old economist has moved quickly to make policy announcements and appoint ministers. |
href="/1/hi/world/americas/6195118.stm" class="">Press sees uncertain future href="/1/hi/world/americas/6187364.stm" class="">Profile: Rafael Correa | |
Mr Correa, who is close to Venezuela's anti-American President Hugo Chavez, said he will try to rejoin the Organisation of Petroleum Exporting Countries (Opec) which Ecuador left in 1992. | Mr Correa, who is close to Venezuela's anti-American President Hugo Chavez, said he will try to rejoin the Organisation of Petroleum Exporting Countries (Opec) which Ecuador left in 1992. |
He also named leftist economists Ricardo Patino and Alberto Acosta as his economy and energy ministers. | He also named leftist economists Ricardo Patino and Alberto Acosta as his economy and energy ministers. |
While campaigning, Mr Correa said he wanted to renegotiate contracts with foreign oil companies, but it is thought unlikely that he will nationalise Ecuador's energy industry. | While campaigning, Mr Correa said he wanted to renegotiate contracts with foreign oil companies, but it is thought unlikely that he will nationalise Ecuador's energy industry. |
Both candidates had promised to create jobs and fight poverty and corruption. Both had also promised to double the monthly government payout poor Ecuadoreans receive. | Both candidates had promised to create jobs and fight poverty and corruption. Both had also promised to double the monthly government payout poor Ecuadoreans receive. |
Ecuador has seen much political turmoil in recent years with seven presidents in the last decade. | Ecuador has seen much political turmoil in recent years with seven presidents in the last decade. |
The last three elected presidents were overthrown and only three since 1979 have succeeded in serving full terms. | The last three elected presidents were overthrown and only three since 1979 have succeeded in serving full terms. |
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