Monday, April 16, 2007

UPDATE 1-Triumphant Correa fights for Ecuador assembly power

(Reuters) - QUITO, April 16 - A triumphant President Rafael Correa faced off against a weakened opposition on Monday at the start of a battle for control of a new assembly that Ecuadoreans overwhelmingly voted to create in a referendum.

Correa, a leftist and friend of Venezuelan President Hugo Chavez, said he wanted a radical overhaul of Ecuadorean politics after he won Sunday's vote in a landslide that should enable him to wrest power from a Congress reviled as corrupt.


Read more at Reuters.com Bonds News

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