Berliner Boersenzeitung - Ecuador's Daniel Noboa: from banana empire heir to gangsters' worst nightmare?

EUR -
AED 4.099459
AFN 72.55656
ALL 90.854432
AMD 403.236651
ANG 1.997863
AOA 1024.725669
ARS 1725.716503
AUD 1.620032
AWG 2.009266
AZN 1.908969
BAM 1.95792
BBD 2.251649
BDT 139.310855
BGN 1.951032
BHD 0.422353
BIF 3344.903956
BMD 1.116259
BND 1.432558
BOB 13.416528
BRL 6.156839
BSD 1.11797
BTN 104.985685
BWP 15.400226
BYN 3.347906
BYR 21878.671669
BZD 2.248447
CAD 1.574248
CDF 2589.720669
CHF 0.914947
CLF 0.0277
CLP 1090.183107
CNY 7.452703
CNH 7.448895
COP 3616.432801
CRC 507.00375
CUC 1.116259
CUP 26.831195
CVE 110.384532
CZK 24.322276
DJF 199.07927
DKK 7.475501
DOP 67.930698
DZD 152.243187
EGP 60.341267
ERN 16.743881
ETB 183.485227
FJD 2.528995
FKP 0.835844
GBP 0.834074
GEL 2.896647
GGP 0.835844
GHS 13.069152
GIP 0.835844
GMD 83.157879
GNF 9901.932318
GTQ 8.547256
GYD 234.483915
HKD 8.751658
HNL 30.047001
HRK 7.555967
HTG 146.496769
HUF 362.944278
IDR 20214.050795
ILS 3.540654
IMP 0.835844
INR 104.731751
IQD 1695.636147
IRR 2111239.352217
ISK 136.8083
JEP 0.835844
JMD 177.430274
JOD 0.791445
JPY 176.643491
KES 145.068585
KGS 97.614372
KHR 4554.728771
KMF 493.386409
KPW 1004.632839
KRW 1507.256269
KWD 0.347224
KYD 0.931779
KZT 501.111442
LAK 25151.180911
LBP 100111.977802
LKR 371.774398
LRD 190.145903
LSL 18.488377
LTL 3.296022
LVL 0.675214
LYD 7.154286
MAD 10.933439
MDL 19.982972
MGA 5080.04349
MKD 61.557339
MMK 2343.536588
MNT 4019.833098
MOP 9.028977
MRU 45.135041
MUR 52.498031
MVR 17.176539
MWK 1938.561406
MXN 20.74952
MYR 4.533466
MZN 71.324403
NAD 18.488791
NGN 1506.414005
NIO 41.14465
NOK 10.535418
NPR 167.895587
NZD 1.993449
OMR 0.429201
PAB 1.118611
PEN 3.853072
PGK 5.095167
PHP 70.632393
PKR 309.195541
PLN 4.391217
PYG 6988.186673
QAR 4.088627
RON 5.333257
RSD 117.643055
RUB 91.531628
RWF 1650.125559
SAR 4.197709
SBD 8.984301
SCR 15.692146
SDG 671.429609
SEK 11.013898
SGD 1.42957
SHP 0.835992
SLE 25.617714
SLL 23407.392948
SOS 638.897077
SRD 41.952909
STD 23104.302586
STN 24.515236
SVC 9.786598
SYP 14513.596028
SZL 18.482073
THB 37.355611
TJS 10.318073
TMT 3.906906
TND 3.346924
TOP 2.687683
TRY 56.014648
TTD 7.581576
TWD 36.663741
TZS 2954.045111
UAH 50.646343
UGX 4574.954062
USD 1.116259
UYU 44.998728
UZS 13346.452419
VES 1000.52103
VND 28480.784096
VUV 133.12733
WST 3.111933
XAF 655.957
XAG 0.021125
XAU 0.000270979015
XCD 3.016745
XCG 2.015783
XDR 0.789253
XOF 655.957
XPF 119.331742
YER 264.134779
ZAR 18.399961
ZMK 10047.670755
ZMW 22.71661
ZWL 359.434865
SSP 6413.165902
MXV 2.332613
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Ecuador's Daniel Noboa: from banana empire heir to gangsters' worst nightmare?
Ecuador's Daniel Noboa: from banana empire heir to gangsters' worst nightmare? / Photo: Handout - Presidencia Ecuador/AFP

Ecuador's Daniel Noboa: from banana empire heir to gangsters' worst nightmare?

At the age of 36, Ecuador's fresh-faced new President Daniel Noboa has been thrust into a full-scale confrontation with narco gangs terrorizing the South American nation in a bloody battle for supremacy.

Text size:

A political novice and outsider, he took office last November as one of the youngest leaders in the world, vowing to tackle drug-related crime and violence that have turned the once pacific South American country on its head.

He may not have expected the day of reckoning to come so soon, or so brutally.

Since Monday, Noboa has spearheaded a military takedown of criminal groups that responded to his declaration of a state of emergency by taking hostage police officers and prison guards, threatening random executions, shooting up a TV studio live on air and setting off explosions in public areas.

At least 10 people have died, but Noboa has vowed to stand firm.

"This government is taking the necessary actions that in recent years nobody wanted to take. And that requires balls the size of ostrich eggs," he told Canela radio Wednesday.

Noboa is a man of few words, but a straight shooter.

With a serious air but tanned and sporty, he tends to avoid official press conferences and interviews in favor of handing out hugs and selfies, and speaking his mind via Instagram.

Born in the United States as the heir to a banana empire, Noboa defines himself as a center-leftist but has the backing of right-wing political parties and embraces neoliberal economic thinking.

He is a sommelier and musician, collects chilli peppers, and is passionate about cars and horses, according to his press team.

At the time of his election, he was said to own seven dogs.

- 'Without impunity' -

Noboa has little political experience, having served as a lawmaker for two years during which time he was chairman of parliament's economics committee.

He studied business administration at New York University and public administration at Harvard Kennedy School, and holds a Master's degree in governance and political communication from George Washington University.

At the age of 18, he created his own events company before joining the Noboa family business.

Then last year, he realized the dream of his father Alvaro Noboa -- one of Ecuador's richest men, and who had failed in five presidential campaigns of his own.

Noboa Jr was elected Ecuador's youngest-ever president for a period of 18 months to complete the four-year term of predecessor Guillermo Lasso, who quit to avoid possible impeachment.

On the campaign trail, Noboa had promised the "militarization of ports and borders" and to build a society "without impunity, without injustice and without insecurity."

As president, he announced the country would construct two maximum security prisons -- similar to the one built by Salvadoran President Nayib Bukele in his own controversial war on gangs -- to hold the most dangerous criminals.

- Avid athlete -

Noboa was catapulted into the limelight after he showed up to an election debate wearing a bulletproof vest and claiming he had received death threats.

That was shortly after the assassination of anti-graft and anti-cartel candidate Fernando Villavicencio.

This week, Noboa's first real test as president came with the prison escape of prominent narco leader Jose Adolfo Macias, aka "Fito."

He declared a state of emergency and countrywide nightime curfew that unleased a violent response from gangs that he has promised to put down.

"We cannot give in to these terrorist groups," Noboa said Wednesday, vowing to "relentlessly confront" the gangs thought to have more than 20,000 members.

During his stint in parliament, Noboa had been accused of a conflict of interest for having financed, from his own pocket, a trip for seven MPs to Russia -- a key market for his family's banana business -- after the invasion of Ukraine.

He has also been accused of tax evasion, but was never found guilty of wrongdoing.

An avid athlete, Noboa gets up at dawn to exercise, according to a profile released by his campaign. He also loves doing impressions of other people.

He is married to nutrition influencer Lavinia Valbonesi with whom he raises two children, with a third on the way.

(K.Lüdke--BBZ)