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Jamil Mahuad

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NEWS
July 21, 1998 | From Times Wire Reports
Quito Mayor Jamil Mahuad has won the presidential runoff, election officials announced, confirming preliminary results that showed the Harvard graduate defeating a banana tycoon who alleged election fraud. Mahuad, who has a master's degree in public administration from Harvard, received 51% of the vote in the July 12 election, compared with 49% for populist Alvaro Noboa, the Supreme Electoral Tribunal said Sunday.
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NEWS
July 21, 1998 | From Times Wire Reports
Quito Mayor Jamil Mahuad has won the presidential runoff, election officials announced, confirming preliminary results that showed the Harvard graduate defeating a banana tycoon who alleged election fraud. Mahuad, who has a master's degree in public administration from Harvard, received 51% of the vote in the July 12 election, compared with 49% for populist Alvaro Noboa, the Supreme Electoral Tribunal said Sunday.
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NEWS
July 13, 1998 | Associated Press
Ecuadoreans sought an end to their nation's political chaos by electing a new president Sunday. Exit polls showed the race too close to call. Jamil Mahuad, mayor of Quito, the capital, had about 51% of the vote to about 49% for populist banana tycoon Alvaro Naboa, according to a TV-sponsored exit poll. The poll's margin of error placed the candidates in a statistical dead heat.
NEWS
May 10, 2000 | From Times Wire Reports
Ecuador's top military commanders have offered to resign, four months after the high command refused to put down an abortive rebellion that toppled the president, officials said. Gen. Telmo Sandoval, head of the joint chiefs of staff, Vice Adm. Enrique Monteverde, head of the navy, and air force Gen. Ricardo Irgoyen presented their resignations Monday. The military-backed uprising Jan. 21 led to the ouster of President Jamil Mahuad, who was succeeded by Gustavo Noboa.
NEWS
March 12, 1999 | From Times Wire Reports
President Jamil Mahuad announced tax hikes and other tough economic measures in Ecuador's latest attempt to address its worst financial crisis in decades. The announcement came as a two-day nationwide strike to protest the government's economic programs wound down and just hours after the Central Bank's board of directors, including President Luis Jacome, resigned. The government's political opponents had accused Jacome of mismanaging Ecuador's fiscal policy.
BUSINESS
March 10, 1999
* Ecuador extended its shutdown of the country's banks, a move to halt a run on deposits that would lead to a collapse of its $13.8-billion banking industry. The government extended the shutdown that began Monday by declaring a state of emergency to counter a two-day nationwide strike by workers groups protesting President Jamil Mahuad's economic policies.
WORLD
September 4, 2002 | From Times Wire Reports
Ecuador kicked off the campaign for October's presidential election, the first national vote since an Indian uprising backed by military officers toppled President Jamil Mahuad two years ago and installed his vice president, Gustavo Noboa. Banana millionaire Alvaro Noboa, who is not related to the current president, leads the pack of 10 candidates. He is backed by a party he created after he lost his first bid for president to Mahuad in 1998.
NEWS
July 14, 1998 | Associated Press
Deprived of an undisputed victor in presidential elections, Ecuadoreans waited anxiously Monday for official results of a contest pitting a U.S.-educated politician against a banana tycoon. Both candidates in Sunday's race claimed victory. Official results are not expected until Wednesday in the contest between Harvard graduate Jamil Mahuad, the mayor of Quito, and businessman Alvaro Noboa. Mahuad had 51.3% support and Noboa had 48.7%, according to an exit poll sponsored by seven TV stations.
NEWS
October 3, 1998 | From Times Wire Reports
Peru's foreign minister resigned as Lima was negotiating final details of a peace accord with Ecuador over the Andean neighbors' disputed border. Eduardo Ferrero, who has headed drawn-out talks with Ecuador to end 50 years of frequent border clashes, said his resignation was "irrevocable." The minister, who held the post since July 1997, declined to explain his decision.
NEWS
January 28, 2000 | From Times Wire Reports
Ecuadorean authorities have arrested four colonels and 12 lieutenant colonels and detained hundreds of other officers for their alleged roles in the uprising that led to President Jamil Mahuad's overthrow, officials said. Gen. Telmo Sandoval, who ascended to armed forces commander in last week's power shuffle, confirmed the arrests of Cols. Lucio Gutierrez, Fausto Cobo, Gustavo Lalama and Jorge Brito.
NEWS
December 20, 2001 | From Times Wire Reports
Ecuadorean President Gustavo Noboa, who assumed power after a 2000 military coup, said he will not seek election next year. "I am not going to be a presidential candidate," Noboa said briefly in a television interview on Teleamazonas network. Noboa, a 64-year old professor, was catapulted to power from the vice presidency after his predecessor, Jamil Mahuad, was ousted in a January 2000 Indian uprising backed by military officers.
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