Latest news with #Ecua

Los Angeles Times
14-04-2025
- Politics
- Los Angeles Times
Ecuador reelects conservative President Daniel Noboa
QUITO, Ecuador — Ecuadorean voters weary of crime reelected President Daniel Noboa, a conservative young millionaire with a divisive no-holds-barred crime-fighting record, but his opponent vowed to seek a recount over what she described as 'grotesque' electoral fraud. Figures released Sunday by Ecuador's National Electoral Council show Noboa receiving 55.8% of the vote with more than 90% of ballots counted, while leftist lawyer Luisa González earned 44%. Ecuador's top electoral authority, Diana Atamaint, said those results showed an 'irreversible trend' in favor of Noboa. The win gives Noboa four years to fulfill the promises he made in 2023, when he stunned voters by winning a snap election and a 16-month presidency despite his limited political experience. González's defeat marks the third consecutive time that the party of Rafael Correa, the country's most influential president this century, failed to return to the presidency. Noboa, heir to a fortune built on the banana trade, is expected to continue applying some of his anti-crime strategies that part of the electorate finds appealing but which have tested the limits of laws and norms of governing. González on Sunday told supporters her campaign 'does not recognize the results presented by the [National Electoral Council],' noting that preelection polls showed her ahead of Noboa. The candidates advanced to Sunday's contest after getting the most votes in February's first-round election. Noboa led González by about 17,000 votes. Voters are primarily worried about the violence that has transformed the country, starting in 2021 — a spike in crime tied to the trafficking of cocaine produced in neighboring Colombia and Peru. Both candidates have promised tough-on-crime policies, better equipment for law enforcement and international help to fight drug cartels and local criminal groups. 'My vote is clear,' said Irene Valdez, a retiree who voted for Noboa. 'I want to continue living in freedom.' College student Martín Constante had a different view. 'I think Luisa is going to change things, because Noboa has been very authoritarian,' Constante, 19, said near a voting center in Quito, the capital. 'Our country needs a lot of changes.' More than 13 million people were eligible to vote, which is mandatory for adults up to the age of 65. It is optional for people aged 16 and 17 and over 65. Failure to vote results in a $46 fine. Atamaint said several people, including voters and poll workers, had been arrested over ballot anomalies. She said some cases involved double voting and others stemmed from reports of counterfeit, premarked ballots. Atamaint added that 17 people were caught taking photos of their ballots, which the National Electoral Council banned for this election, citing reports of voter coercion by criminal groups. The violation carries a maximum fine of $32,000. Many Ecuadoreans used their vote to express rejection of a candidate and not necessarily to endorse the one they voted for. 'Ecuador is polarized, which is a sign of rejection of the past, but also of the recent policies of the Noboa administration,' political analyst Oswaldo Landázuri said before the voting, adding that the expected tight result 'could become a major problem for the country' if the losing candidate did not recognize the other as the winner. In 2023, Noboa and González were largely unknown to most voters as they sought the presidency for the first time. They were first-term lawmakers in May 2023, when then-President Guillermo Lasso dissolved the National Assembly, shortening his own mandate as a result and triggering that year's snap election. Noboa's first foray into politics was his stint as a lawmaker. An heir to a fortune built on the banana trade, Noboa opened an event-organizing company when he was 18 and then joined his father's Noboa Corp., where he held management positions in the shipping, logistics and commercial areas. González, 47, held various government jobs during the presidency of Correa, who led Ecuador from 2007 through 2017 with free-spending socially conservative policies and grew increasingly authoritarian in his last years in office. Noboa, 37, declared Ecuador to be in a state of 'internal armed conflict' in January 2024, allowing him to deploy thousands of soldiers to the streets to combat gangs and to charge people with terrorism counts for alleged ties to organized crime groups. Under his watch, the homicide rate dropped from 46.18 to 38.76 per 100,000 people from 2023 to 2024. But despite the decrease, the rate remained far higher than the 6.85 homicides per 100,000 people seen in 2019. Some of Noboa's heavy-handed crime-fighting tactics have come under scrutiny for testing the limits of laws and norms of governing. He has also been criticized for allegations of electoral irregularities he made after February's vote. Following the first-round election, Noboa said there had been 'many irregularities' and that in certain provinces 'there were things that didn't add up.' He provided no further details or evidence. Electoral observers from the Organization of American States and the European Union ruled out fraud. As González walked to her voting center in Canuto, a town in the coastal province of Manabí where she grew up, supporters shouted, 'Luisa is the people.' Much of her support comes from people who long for the low crime and unemployment rates of Correa's presidency but overlook his authoritarian tendencies, the huge debt he ran up and the corruption-related sentence he received in absentia in 2020. 'We have all united to rewrite the history of Ecuador,' she told people Sunday before denouncing reports of attempts to 'plant marked ballots' with her name. Associated Press writers Solano and Garcia Cano reported from Quito and Mexico City, respectively.
Yahoo
14-04-2025
- Business
- Yahoo
Indian shrimp industry sails in troubled waters after Trump tariffs
By Sahiba Chawdhary, Rishika Sadam, Yury Garcia and Aditya Kalra GANAPAVARAM, India/GUAYAQUIL, Ecuador (Reuters) - Turbulence unleashed by President Donald Trump's tariffs could rock global shipments of shrimp to the United States, with exporters in biggest supplier India saying they endanger 2,000 containers packed with the frozen delicacy. But Ecuador, thousands of kilometres nearer to the United States faces a lower tariff rate and stands to benefit, the exporters say, as shrimp is its most important export after oil. India's shrimp industry is staring at a tariff of 26% under Trump's July plan, which threatens a thriving $7-billion seafood export market heavily reliant on U.S. supermarket chains such as Walmart and Kroger as buyers look to renegotiate rates. Farmers are seeing demand dry up amid the uncertainty as exporters have cut offer prices by a tenth since the tariffs. "We are suffering huge losses," said S.V.L. Pathi Raju, 63, standing by the aquaculture pond where he feeds and grows shrimp in India's southern coastal state of Andhra Pradesh. "We don't know who can resolve our price issues," added Raju, one of several families in the state's remote village of Ganapavaram grappling with dwindling sales to exporters. Many also face high payments for shrimp feed and rentals for the land where the saline ponds have been set up. "I am not sure how I will sustain prices," said another farmer, 60-year-old Uppalapati Nagaraju, adding that he had been entirely unaware of the concept of tariffs. "Had I known, I would not have started my cultivation." In the face of erratic demand from exporters, he now regrets having begun shrimp cultivation just 15 days before the tariff news. Although Trump has delayed the 26% rate until July, even the current rate of 10% has made exporters skittish. The United States and China are among India's major markets for seafood exports that touched $7.3 billion last year, on a volume of 1.8 million metric tons that was an all-time high. Shrimp formed the major component, with the 300,000 farmers of Andhra Pradesh contributing the most to industry supplies, accounting for 92% of India's seafood exports of $2.5 billion last year to its biggest market, the United States. Industry representatives have joined a state government panel weighing the impact of tariffs and looking for ways to boost exports to other countries, such as China. But the exporters fear Ecuador's competitive edge from Trump's planned lower tariff rate of 10% for the South American nation, particularly since it is much closer to the United States, its second biggest market for shrimp. Yet Ecuadorean producers, with $1.55 billion in shipments in 2024, are less optimistic. Although U.S. consumers have fuelled growth in the area of processed shrimp, Ecuador has yet to attain the capacity to replace India's production, said Jose Antonio Camposano, president of its National Chamber of Aquaculture. India "will be obliged to look for other markets where Ecuador is selling, like China and the European Union, so we'll have more pressure in other markets," Camposano added. JOURNEY OF 40 DAYS Reuters visited one Indian factory where shrimp was washed and machine sorted automatically by size before a manual quality check by workers in masks and gloves. Then a conveyor belt whisked the seafood away to be quick-frozen. Thousands of tons of frozen shrimp leave Andhra Pradesh each year on a voyage that usually takes 40 days to arrive at ports in New York, Houston and Miami, en route to restaurants and the shelves of retailers such as Safeway and Costco. The chief of India's seafood exporters group, G. Pawan Kumar, said he was worried about shipping containers already packed with frozen produce at previously agreed rates now set to be renegotiated by U.S. buyers following the tariffs. "Ten percent is high, we exporters operate on a 3% to 4% margin," said Kumar, president of the Seafood Exporters Association of India, which is pushing the government to win the industry exemptions in trade talks with the United States. "It's game over" for the Indian industry if the tariff rate of 26% takes effect in July, said one shrimp exporter, who spoke on condition of anonymity. He was in talks with U.S. clients who did not want to fully absorb the 10% tariff, he said, pointing to the risk of earning no profit if he had to sell 130 shipping containers already packed. In Texas, the seafood section at a Walmart supermarket was piled high with packs of frozen shrimp, among them a "jumbo" variant labelled a product of India and priced at $7.92, under Walmart's own "Great Value" brand. "We have built long-lasting and deep relations with suppliers over the years," said Latriece Watkins, the chief merchandising officer for Walmart in the United States. "We expect that to continue, going forward." Sign in to access your portfolio