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Weekly Report - 10 January 2008 (ISSN 1741-7422)

ECUADOR: Nebot re-emerges as Correa's main opponent

Jaime Nebot, the mayor of Guayaquil, is preparing to take centre stage as the chief rival of President Rafael Correa. Nebot has avoided open confrontation with Correa since trying to call a referendum on regional autonomy as well as other issues calculated to dilute the powers of the constituent assembly [WR-07-24]. This has yet to come to anything and Nebot has concentrated on building his powerbase instead. After the assembly approved a fiscal reform sent by Correa which will increase taxation on the rich, stiffen penalties for evasion and raise inheritance tax, the resentment shown by businessmen in Guayaquil convinced Nebot it was time to come out of the shadows.

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