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Why MNI
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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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ECUADOR-Moderate Noboa Leads Leftist González Ahead Of 15 Oct Run-Off
Opinion polling ahead of the 15 October run-off election for the Ecuadorian presidency shows moderate National Democratic Action candidate Daniel Noboa holding a small but fairly steady lead over left-wingCitizen Revolution party opponent Luisa González. In September polling Noboa has averaged 47.2% support to González's 41.2%, with the remainder undecided.
- Ecuador has in recent years succumbed to significant social unrest and cartel-related violence. Indeed, presidential candidate Fernando Villavicencio was assassinated by suspected cartel-linked hitmen two weeks ahead of the first-round election.
- A win for Noboa would likely be welcomed by both the United States, but also international investors wary of the implications of a return to correísmopromised by González (identified by Americas Quarterly as 'statist developmentalism heavy on extractive industries and redistribution').
- A focus for investors is likely to be how the new president goes about restoring security and protecting democratic institutions. Due to the manner of the dissolution of parliament, the new president's term will only last until 2025. With such a short tenure and a divided Congress, the new president will have to seek consensus from across the political landscape to ensure free and fair elections in 2025 without political violence.
Chart 1. Ecuador Presidential Election Run-Off Opinion Polling, %
Source: Comunicaliza, NEO Consulta, Click Report, Omar Maluk, MNI
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.