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The Ups and Downs of Guillermo Lasso

By Sebastián Hurtado

Ecuador’s president wants to change his country’s trajectory. Will his success survive offshore transaction revelations and a hostile legislature?

QUITO - Last month, Ecuador’s President Guillermo Lasso made something of a splash at the United Nations General Assembly in New York, fervently defending internationalism and open, democratic governance at a time when closed, nationalistic politics have gained ground around the globe. But just weeks later, the Pandora Papers leaks threatened to dent Lasso’s reputation with evidence of his offshore transactions. Lasso maintains these ended after the passage of a 2017 Ecuadorian law restricting politicians’ use of offshore accounts. After a period of highs and lows, where does he stand...

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