The shocking news has emerged that Fernando Villavicencio, a leading presidential candidate in Ecuador, has been shot and killed.

Villavicencio was gunned down following a political rally in the capital city of Quito, just hours after addressing supporters.

Eyewitnesses say that a group of armed men opened fire on Villavicencio's car as he was leaving the rally.

The shooting is currently being investigated by the authorities, who have yet to release any further details about the incident.

The shocking death of Fernando Villavicencio has sparked widespread grief and outrage in Ecuador.

Several of Villavicencio's fellow politicians have issued statements expressing their shock and sadness over his passing, and many are calling for an investigation into the killing.

There are fears that Villavicencio's death could have a significant impact on the upcoming elections, as he was widely considered to be a leading contender for the presidency.

Some analysts believe that his death could spark further unrest in Ecuador, which has been struggling with political turmoil in recent months.

Over the past few months, Ecuador has been facing a number of challenges, including widespread protests over the country's economic situation and a wave of violence and crime.

In May, dozens of people were killed in protests against the government's economic policies, and the country's currency has also been struggling.

Analysts say that Villavicencio's death could further destabilize the country, and it's unclear whether his party will be able to continue his campaign.

If the elections are further disrupted, it could have serious consequences for Ecuador's economy and political stability.