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Ecuador: Business heir Daniel Noboa sworn in as president

Global business news, with live guests and contributions from Asia and the USA.

35-year-old heir to a banana business empire Daniel Noboa has been sworn in as Ecuador’s new president, with a promise to create jobs and curb violence in a country gripped by a bloody drug war.

Mr Noboa holds a degree in business administration from New York University and three master’s degrees, from Harvard, Northwestern and George Washington universities. He intends to bring order to the country and stop the violence. However, it is not clear what economic reforms the new president is preparing.

And in North Queensland town of Karumba Australia, thousands of rats have swept up on beaches, overwhelming residents.

(Picture: President Daniel Noboa Takes Office in Ecuador. Picture credit: Getty Images)

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  • Fri 24 Nov 2023 01:06GMT

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