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Plaques and portraits of Ecuador's 105 Presidents line the yellow walls of the antechamber to the restrooms in El Pobre Diablo (The Poor Devil), a bohemian hangout in Quito, the capital. Spoofing the presidential palace's silk screen Yellow Salon, each is marked with the number of days they lasted in office. A digital clock ticks off the days served by current President Rafael Correa. It will probably run far longer than his predecessors...

Author: /time Magazine | Title: In Ecuador, a Win for the Left May Be Good for Business | 4/28/2009 | See Source »

...billion in foreign bonds, close to a third of the country's foreign debt, citing evidence that they were "illegal" and "illegitimate." "We're living a process of change that we hadn't seen before," said Fernando Cabrera, 55, a financial analyst, at Correa's victory rally in Quito. "He is breaking down archaic structures set up by the economic upper class...

Author: /time Magazine | Title: In Ecuador, a Win for the Left May Be Good for Business | 4/28/2009 | See Source »

...tend to feel humiliated by imperious U.S. conditions like those set on aid for Ecuador's drug police. Correa's chief complaint against the U.S. diplomat, Homeland Security attache Armando Astorga, was "the insolence to pretend that Ecuador is a colony of the U.S." (Neither the U.S. embassy in Quito nor the State Department would comment...

Author: /time Magazine | Title: Out of Ecuador, A Latin Lesson for Obama | 2/8/2009 | See Source »

...point is that Washington and Quito could have worked this out more maturely than the outcome shows. The U.S. could have, and should have, been better tuned in to the fact that Correa, love him or hate him, is not one of the obliging military strongmen or feckless oligarchs that used to run Ecuador, and that his anti-American agenda has been pretty clear since he won the presidency in 2006. He recently decided not to renew the U.S. lease at Ecuador's Manta air base (although, ironically, he said Saturday he would grant U.S. planes limited...

Author: /time Magazine | Title: Out of Ecuador, A Latin Lesson for Obama | 2/8/2009 | See Source »

...South American nation will not renew the lease for the U.S. antinarcotics surveillance base at Manta on Ecuador's Pacific coast. For Correa, "the political costs" of letting the base stay "outweigh the benefits," says Freddy Rivera, a security expert at the Latin American Social Sciences Faculty University in Quito...

Author: /time Magazine | Title: Ecuador Targets a U.S. Air Base | 5/14/2008 | See Source »

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