Article: Ecuador : Challenges for Ecuador's Correa in new term.

Byline: manish03

Ecuadorean President Rafael Correa starts a second term in office on Monday facing the challenge of fulfilling his promise to social reforms but with an economy weakened by slumping oil prices. Correa, a leftist allied to Venezuelan President Hugo Chavez, has unnerved investors by expanding the state's role in the economy. He has hiked taxes, defaulted on $3.2 billion in bonds and expelled foreign firms over tax or legal disputes. A failure to bolster the economy hurt by declining oil output could jeopardize Correa's popularity in a country where popular protests have deposed three presidents in a decade.

Following are some of Correa's ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!