IBOV 204,324.26 ▼ 1.06% IPSA 10,971.88 ▲ 0.05% IPC MEX 67,663.29 ▲ 1.31% MERVAL 2,859,051 — 0.00% COLCAP 2,580.50 ▼ 0.07% BVL PERÚ 59,543.73 ▲ 1.12% USD/BRL5.08▼ 0.37% USD/MXN18.39▼ 0.11% USD/CLP980.55▼ 0.07% USD/COP3,169▼ 0.83% USD/PEN3.43▼ 0.09% USD/ARS1,513▼ 0.05% USD/UYU40.24▲ 3.34% USD/PYG5,668▲ 2.74% USD/BOB11.60▲ 2.19% USD/DOP61.12▲ 0.20% USD/CRC449.12▲ 1.74% USD/GTQ7.64▲ 3.24% USD/HNL26.86▲ 0.35% USD/NIO36.62▼ 0.07% USD/VES877.92▼ 0.01% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.75▲ 2.44% EUR/BRL5.71▲ 1.20% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 204,324.26 ▼ 1.06% IPSA 10,971.88 ▲ 0.05% IPC MEX 67,663.29 ▲ 1.31% MERVAL 2,859,051 — 0.00% COLCAP 2,580.50 ▼ 0.07% BVL PERÚ 59,543.73 ▲ 1.12% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Friday, October 16, 2026

Latin America Ecuador

Noboa, González Launch Runoff Battle in Ecuador

By · March 24, 2025 · 2 min read

The National Electoral Council launches Ecuador’s presidential runoff campaign on March 23, 2025, spotlighting a tight race. Incumbent Daniel Noboa and challenger Luisa González vie for leadership, with voters deciding by April 13.

This contest, born from a February 9 first round, pits two visions against a backdrop of crisis. Noboa secures 44.17% of the vote, edging out González’s 44% by just 16,746 ballots from over 13 million cast.

Neither clinches the majority, forcing this showdown after a fierce 16-candidate battle. Now, each wields $1 million in public funds, campaigning until April 10 across media and billboards, banned from handouts.

Violence haunts Ecuador, with 731 murders in January 2025 alone, averaging 23.5 daily deaths. Noboa, a 37-year-old businessman, touts his security push, cutting murders from 22 to 19 daily since 2023.

González, 47, a lawyer tied to ex-President Rafael Correa, promises social investment alongside enforcement, eyeing past stability. The economy stumbles, with poverty at 28% and blackouts plaguing 2024, worsened by a recession.

Noboa, González Launch Runoff Battle in Ecuador
Noboa, González Launch Runoff Battle in Ecuador.
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

In addition, Noboa leans on his business roots, González on Correa’s oil-rich legacy. Their March 23 debate, aired nationally, exposes sharp divides—Noboa defends his record, González slams unmet promises like a $470 pension.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “IMF sees Brazil as 8th-largest economy by 2027”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

Ecuador’s Crucial Election

Indigenous leader Leonidas Iza, grabbing 5.25% in round one, shifts the tide by rejecting Noboa on March 12. His CONAIE group demands González halt mining and reverse Noboa’s tax hikes from 12% to 15%. Yet, some Amazonian factions back Noboa, splitting a key voting bloc.

This rematch echoes 2023, when Noboa upset González for a shortened term after Guillermo Lasso’s exit. Now, Noboa governs a fractured nation, his ADN party holding 66 Assembly seats to González’s RC 67. The winner faces a divided legislature needing allies to tackle crime and jobs.

Campaigning kicks off with tensions—Noboa mulls staying in office, drawing ire, while González rallies progressives. Voters, with 82% turnout last round, crave solutions to a cocaine-fueled crime surge and economic woes. The April 13 result will steer Ecuador’s path for four years.

Businesses watch closely, as stability hinges on the outcome—Noboa’s investment focus versus González’s welfare tilt. Ecuador stands at a pivotal moment, its 18 million citizens weighing security against equity in a race too close to call.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.