RealNews

Leftist edges over populist tycoon in Ecuador vote

An ally of Venezuelan President Hugo Chavez vowing to challenge the political old guard was favored over a banana tycoon in polls as Ecuadoreans voted on Sunday for their eighth president in a decade. Rafael Correa, a former finance minister who has rattled investors with talk of debt default, has led the race in recent weeks, but flamboyant tycoon Alvaro Noboa had gained support and appeared likely to force a runoff vote in late November. Little known until earlier this year, Correa, 43, has soared in the polls as Ecuadoreans fed up with the traditional political class were captured by his anti-establishment message after years of instability in their poor Andean country. Full Story

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