start here

start here

The Daily IKN email digest, get all daily posts sent to you next day (& no ads)

2/20/17

Ecuador Presidential election: A second round run-off is now a near-certainty

The scenario is still somewhat fluid and caveats apply:
  • As per this Monday evening there are 90.2% of votes counted, not 100%.
  • President government candidateLenin Moreno has 39.09% of the votes and if he makes it to 40% + 1 vote, he wins in this round and no ballotage will be needed.
  • Main opposition candidate Guiilermo Lasso has 28.38% as per this evening and is in second place.
  • The Ecuador electoral body now don't expect 100% of votes counted before Thursday, so until then there will be a bit of tenterhooks.
However, with those taken into account and the way in which the count has developed through the 70% level and 80% level, it's now a heavy odds statistical likelihood that the Ecuador Presidential election goes to a second round run-off on April 2nd. If it does, it's going to be a very close thing for the win and the big job between the two players, because we've already seen third placed Viteri announce her support for Lasso and most of the other candidates are set to do the same. What's more, dear and kind junior mining speculator person, this whole shebang may affect you too because an eventual Lasso win would be bad news for mining stocks with Ecuador exposure. Don't say IKN didn't warn you.