Dow Jones – Ecuador’s Correa Wins Referendum, But Challenges Remain

Ecuador President Rafael Correa’s ballot initiative campaign, which many criticized as an effort to centralize power over the judiciary and control the media, has been successful:

Ecuador’s Electoral Council, or CNE, said Thursday that with 100% of ballots from the May 7 balloting counted, the “yes” vote gathered between 44.96% and 50.46%, while the “no” vote accounted for 39.25% to 42.56% for nine questions with national jurisdiction.

Read More »