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11-23-2015, 12:03 AM
BUENOS AIRES, Nov 22 (Reuters) - Conservative opposition candidate Mauricio Macri appeared headed for victory in Argentina's presidential election on Sunday, with partial returns showing him on course to win after promising business-friendly economic reforms.
Loud cheers erupted in Macri's campaign headquarters where his senior campaign officials claimed victory and insiders estimated the center-right mayor of Buenos Aires had prevailed with a solid margin.
Argentina's official election body said Macri had 54 percent of votes and ruling party candidate Daniel Scioli had 46 percent with returns in from 45 percent of polling stations. Three exit polls also pointed toward a Macri victory.
"This feels like a dream," said 43-year-old doctor Angela Torres at Macri's headquarters, which pulsed with Latin music and was festooned with white and sky-blue balloons, the colors of the Argentine flag. "A new Argentina is on its way that will be better in every sense."
In a sign of Argentines' weariness with a spluttering economy, rising crime and corruption, Macri had gone into the run-off election with a comfortable lead in opinion polls over Scioli, the candidate of outgoing President Cristina Kirchner.
Scioli's campaign team said they would wait to see official results before making any statements about the election. But a source at the election body said the result trend was irreversible at this point of vote counting.
"If the results stay like this it's a real setback for the country," said Maria Rosa Soria, a 44-year-old hotel worker and Scioli supporter.
During the campaign Scioli warned that Macri's orthodox policies are similar to those that preceeded Argentina's 2002 economic crisis, which tossed millions of people into poverty.
Macri promises to set Latin America's third biggest economy on a more free-market course after a combined 12 years of leftist populism under Fernandez and her late husband and predecessor Nestor Kirchner.
Barred from seeking a third straight term, Fernandez will leave office with Argentina deeply divided between those who back her protectionist policies and defense of worker rights and others who blame her policies for weak economic growth.
A moderate within the powerful Peronist movement, Scioli appears to have failed to win over middle-ground voters after struggling to step out of Fernandez's shadow during the election campaign.
His talk of maintaining generous social welfare programs and energy subsidies while making only gradual changes to the capital and trade controls that have hobbled the economy hurt his credentials as a candidate for change.
"Scioli did not manage to differentiate himself from Fernandez and so people stopped seeing him as a change of style and went over to Macri," said political analyst Mariel Fornoni.
Scioli's apparent defeat amounted to an indictment of Fernandez's stewardship of Latin America's No. 3 economy, plagued by double-digit inflation and a widening fiscal deficit, and her confrontational style.
The shift in power in Argentina may reverberate across South America where other left-leaning governments, such as Venezuela and Brazil, which are also up against the end of a decade-long commodities boom and allegations of financial mismanagement.
Fernandez often takes to the airwaves to mock her critics with fiery speeches. She denounces holdout creditors suing the country over defaulted debt as "vultures" and invokes the memory of her late husband as the guiding light of her policies.
Still, Fernandez is known as a political fighter committed to her vision of a government actively involved in helping low-income families, and she may return as a presidential candidate in 2019.
She appeared on television in recent weeks appealing to voters to ensure that government funding of education, healthcare and programs for poor mothers remains.
(Additional reporting by Sarah Marsh and Hugh Bronstein; Writing by Hugh Bronstein and Richard Lough; Editing by Kieran Murray and Mary Milliken)
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Loud cheers erupted in Macri's campaign headquarters where his senior campaign officials claimed victory and insiders estimated the center-right mayor of Buenos Aires had prevailed with a solid margin.
Argentina's official election body said Macri had 54 percent of votes and ruling party candidate Daniel Scioli had 46 percent with returns in from 45 percent of polling stations. Three exit polls also pointed toward a Macri victory.
"This feels like a dream," said 43-year-old doctor Angela Torres at Macri's headquarters, which pulsed with Latin music and was festooned with white and sky-blue balloons, the colors of the Argentine flag. "A new Argentina is on its way that will be better in every sense."
In a sign of Argentines' weariness with a spluttering economy, rising crime and corruption, Macri had gone into the run-off election with a comfortable lead in opinion polls over Scioli, the candidate of outgoing President Cristina Kirchner.
Scioli's campaign team said they would wait to see official results before making any statements about the election. But a source at the election body said the result trend was irreversible at this point of vote counting.
"If the results stay like this it's a real setback for the country," said Maria Rosa Soria, a 44-year-old hotel worker and Scioli supporter.
During the campaign Scioli warned that Macri's orthodox policies are similar to those that preceeded Argentina's 2002 economic crisis, which tossed millions of people into poverty.
Macri promises to set Latin America's third biggest economy on a more free-market course after a combined 12 years of leftist populism under Fernandez and her late husband and predecessor Nestor Kirchner.
Barred from seeking a third straight term, Fernandez will leave office with Argentina deeply divided between those who back her protectionist policies and defense of worker rights and others who blame her policies for weak economic growth.
A moderate within the powerful Peronist movement, Scioli appears to have failed to win over middle-ground voters after struggling to step out of Fernandez's shadow during the election campaign.
His talk of maintaining generous social welfare programs and energy subsidies while making only gradual changes to the capital and trade controls that have hobbled the economy hurt his credentials as a candidate for change.
"Scioli did not manage to differentiate himself from Fernandez and so people stopped seeing him as a change of style and went over to Macri," said political analyst Mariel Fornoni.
Scioli's apparent defeat amounted to an indictment of Fernandez's stewardship of Latin America's No. 3 economy, plagued by double-digit inflation and a widening fiscal deficit, and her confrontational style.
The shift in power in Argentina may reverberate across South America where other left-leaning governments, such as Venezuela and Brazil, which are also up against the end of a decade-long commodities boom and allegations of financial mismanagement.
Fernandez often takes to the airwaves to mock her critics with fiery speeches. She denounces holdout creditors suing the country over defaulted debt as "vultures" and invokes the memory of her late husband as the guiding light of her policies.
Still, Fernandez is known as a political fighter committed to her vision of a government actively involved in helping low-income families, and she may return as a presidential candidate in 2019.
She appeared on television in recent weeks appealing to voters to ensure that government funding of education, healthcare and programs for poor mothers remains.
(Additional reporting by Sarah Marsh and Hugh Bronstein; Writing by Hugh Bronstein and Richard Lough; Editing by Kieran Murray and Mary Milliken)
-- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. (http://start.westnet.ca/newstempch.php?article=terms.html/) It may be used for personal consumption, but may not be distributed on a website.
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