IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.58▲ 0.02% USD/MXN18.57▼ 0.15% USD/CLP983.83▲ 0.10% USD/COP3,279▼ 0.87% USD/PEN3.41▼ 0.02% USD/ARS1,544▼ 0.03% USD/UYU40.52▲ 3.70% USD/PYG6,174▲ 3.14% USD/BOB11.63▲ 1.12% USD/DOP60.48▲ 0.05% USD/CRC446.01▲ 1.79% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 3.29% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.41% USD/TTD6.72▲ 2.22% EUR/BRL6.19▼ 0.60% BRENT 91.91 ▼ 0.92% WTI 85.65 ▼ 1.02% IRON ORE 161.91 — — COPPER 6.21 ▼ 0.96% GOLD 3,958 ▼ 1.06% SILVER 51.27 ▼ 1.19% SOY 1,228 ▼ 0.10% CORN 447.25 ▼ 0.17% WHEAT 596.00 ▼ 0.58% COFFEE 269.00 — 0.00% SUGAR 18.03 ▼ 2.44% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.88 ▲ 5.55% COCOA 5,077 ▲ 3.46% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20% IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.58 ▲ 0.02% USD/MXN 18.57 ▼ 0.15% USD/CLP 983.91 ▲ 0.11% USD/COP 3,288 ▼ 0.57% USD/PEN 3.41 ▼ 0.02% USD/ARS 1,544 ▼ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,174 ▲ 3.14% USD/BOB 11.63 ▲ 1.12% USD/DOP 60.48 ▲ 0.05% USD/CRC 446.01 ▲ 1.79% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.90 ▲ 3.29% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.41% USD/TTD 6.72 ▲ 2.22% EUR/BRL 6.20 ▼ 0.57% BRENT 91.91 ▼ 0.92% WTI 85.65 ▼ 1.02% IRON ORE 161.91 — — COPPER 6.21 ▼ 0.96% GOLD 3,958 ▼ 1.06% SILVER 51.27 ▼ 1.19% SOY 1,228 ▼ 0.10% CORN 447.25 ▼ 0.17% WHEAT 596.00 ▼ 0.58% COFFEE 269.00 — 0.00% SUGAR 18.03 ▼ 2.44% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.88 ▲ 5.55% COCOA 5,077 ▲ 3.46% BEEF 218.98 ▼ 0.10% CATTLE 332.63 ▲ 0.69% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20%
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Thursday, November 12, 2026

Latin America Regional

Analysis: Ecuador to Hold General Elections in Fragmented Political Landscape

By · · 3 min read

RIO DE JANEIRO, BRAZIL – Ecuador is heading towards general elections scheduled for Sunday, February 7th, in which 16 candidates are vying for the presidency amid a fragmented political landscape.

According to observers, there has yet to be a consolidated political tendency, with splintered parties too small to represent a large portion of the population, and many of them are thus relying on temporary alliances to gather votes.

Ecuador is heading towards general elections scheduled for February 7th, in which 16 candidates are vying for the presidency
Ecuador is heading towards general elections scheduled for February 7th, in which 16 candidates are vying for the presidency.
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The fact that so many parties are in the running reflects Ecuador’s need for political reform, especially given the low approval ratings of some candidates, said Juan Paz y Mino, an Ecuadorian political analyst and historian, to Chinese News agency Xinhua.

In the elections, two historical economic models are at stake, namely “a neoliberal economic business model and a social economy model,” he said.

Accordingly, there are two leading presidential hopefuls, with former banker and conservative candidate Guillermo Lasso representing the first model, and progressive candidate Andrés Arauz representing the second, he said.

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According to nine recent polls through January 23rd, Arauz, the candidate of the Union for Hope Alliance, which gathers left-leaning parties, leads with 37.4 percent of support among voters.

The 35-year-old politician and economist has the backing of former Ecuadorian President Rafael Correa, in whose government Arauz served as the coordinating minister of knowledge and human talent.

Meanwhile, Lasso, with 24.3 percent of voter support, is the candidate of a right-wing alliance between the Creando Oportunidades movement and the Christian Social Party, which has its stronghold in the port city of Guayaquil, an important economic center.

It is Lasso’s third run for the presidency, after he lost the 2013 race to Correa, and the 2017 race to incumbent President Lenin Moreno.

To win in the first round without needing a second round, a candidate must get at least 40 percent of the vote and have a 10-point lead over the second-placed candidate. With so many candidates competing, there will likely be a runoff vote on April 11, Paz y Mino said.

Trailing in third place with 15.1 percent is Yaku Pérez, an indigenous leader and environmental activist representing the Pachakutik Plurinational Unity Movement, the political arm of the Confederation of Indigenous Nationalities of Ecuador.

According to international relations and political science expert Enrique Crespo, Pérez aims to draw the progressive vote “that does not identify with Correa-ism and capitalize on the vote of those who are not satisfied or do not feel represented by the candidacies of Arauz and Lasso.”

Paz y Mina agrees that a victory for Arauz would mean the return of “Correa-ism” and the ex-president’s progressive proposals.

Paulina Recalde, a political analyst and director of private polling firm Profiles of Opinion, told local press that Arauz has an advantage in attracting the “historic diehard vote of the so-called Citizen Revolution,” a political movement Correa spearheaded over his decade in power.

In that sense, the elections are likely to gauge the level of support for Correa’s legacy, said Recalde.

Despite the nearness of the elections, the latest survey by private pollster Cedatos revealed notable voter apathy and indecision, as a huge 62 percent of voters said they are undecided and many are even uninformed about the candidates.

Polibio Cordova, the director of Cedatos, told reporters only 30 percent of the population tuned in to the mandatory debate among the 16 candidates held on January 16th and 17th.

A Cedatos survey showed people’s greatest concerns were the economic situation, lack of employment and the health crisis of COVID-19.

With over 250,000 coronavirus cases and about 15,000 deaths Ecuador has registered as of Tuesday morning, the National Electoral Council has put strict social distancing measures in place for election day to prevent voters from contracting the virus, and strives to ensure that the absenteeism rate would not go above the historical average of 25.6 percent.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

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