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Millionaire Banker Beats Economist to Take Ecuador's Presidency
Source: Bloomberg
Career banker Guillermo Lasso won Ecuador’s presidential election after a late surge in support, reassuring bondholders in the default-prone country and shoring up U.S. ties.
Lasso beat out economist Andres Arauz, a left-wing protege of former president Rafael Correa, by a clear margin in Sunday’s runoff vote. Arauz, who conceded defeat, won February’s first round by 13 percentage points
Read more: https://www.msn.com/en-us/news/world/millionaire-banker-beats-economist-to-take-ecuador-s-presidency/ar-BB1fxZCl?li=BBnbcA1&srcref=rss&ocid=iehrs
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