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Neoliberal banker Guillermo Lasso on track to be next president of Ecuador w/ 92.6% of votes counted. Lasso: 4.385M (52.5%) Arauz: 3.965M (47.5%) Null votes: 1.650MPermalink On twitter.com
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Lasso will face a very complex situation given his pledge to fulfill IMF loan terms, reduce deficit to zero, and an "economic abyss." bbc.com/mundo/noticias-55893628 IMF insistence on end to fuel subsidies led to popular uprising in 2019.Permalink On twitter.com
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Meanwhile, Lasso's delegation (CREO) to the National Assembly is outnumbered both by Arauz's Union for Hope (49 seats) and the alliance between Pachakutik and the Democratic Left (45 seats combined). All of the latter could resist his economic vision.Permalink On twitter.com
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The fate of this election was decided in large part by which voters for indigenous Pachakutik and social democratic Izquierda Democratica crossed to Lasso or voted null. Polls indicated that would be most of these blocs.On twitter.com
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Note that voters did not always follow their parties' or candidates' instructions (@CarwilBJ/1381335549273866241 ) on the second round. It would seem that many Pachakutik, ID voters crossed to Lasso in the second round, helping him exceed his polls.Permalink On twitter.com