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Ecuador’s Andrés Arauz argues there’s no legal basis for central banks to appropriate the IMF’s fresh SDR allocation.
Come join us at 4pm UK time to chat fintech, CBDCs, SDRs, and other initialisms with the man who nearly became president of Ecuador.
Dire economy and deep political divisions complicate task for incoming leader Guillermo Lasso
Government bonds surge as former banker pulls off remarkable win over leftist Andrés Arauz
Winner will have to revive economy of state indebted to IMF, bondholders and Chinese banks
Latest polls suggest rightwing Guillermo Lasso is catching up to frontrunner Andrés Arauz ahead of Sunday’s vote
Indigenous candidate’s party will wield influence in congress despite likely disappointment in presidential run-off
Washington had agreed to help Quito pay Beijing to keep Chinese companies out of 5G telecoms network
Yaku Pérez may have narrowly missed his chance this election, but gains by his party are a game-changer
Guillermo Lasso will take on leftwinger Andrés Arauz but Yaku Pérez supporters dispute result
Indigenous candidate Yaku Pérez cries fraud as rightwing Guillermo Lasso claims he has edged into second round
If Andrés Arauz takes control of the South American oil exporting country in April there is likely to be much structural monetary experimentation.
Leftwing economist Andrés Arauz leads but fails to meet 40% threshold to win outright
Leading candidate has vowed to scrap debt agreement with fund and bondholders if he wins
Angry voters turn to populists as pandemic exposes failings of market-friendly model
Guillermo Lasso favoured by investors but may struggle to win over voters amid crisis
‘Novel’ deal comes in exchange for excluding Chinese groups from the country’s telecoms networks
With elections due across region, political outsiders are capitalising on distrust of ruling class
Andrés Arauz blames austerity for triggering a ‘self-induced’ recession in the country
Martín Vizcarra’s impeachment signals more trouble ahead for region’s pragmatists
Clashes in Costa Rica over IMF deal might signal strains elsewhere in the region
Evo Morales’ party makes a comeback in Bolivia ahead of elections in Ecuador, Peru and Chile
A call for the IMF to issue 3tn SDRs to fight coronavirus in a bid to aid emerging markets.