Ecuador’s Correa to seek re-election, clear favorite

Ecuadorean President Rafael Correa addresses the media during a news conference in QuitoQUITO (Reuters) – Ecuador's President Rafael Correa launched his re-election bid on Saturday for a February vote likely to give him a new four-year term to continue boosting state control over the Andean nation's economy. Government spending on roads, hospitals and schools has made the 49-year-old U.S.-educated economist very popular with the poor majority, and he is well ahead of rivals in opinion polls. The opposition is divided and lacks a charismatic leader. …

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