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  Conservative wins Chile polls
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ContributorBob Sacamano 
Last EditedBob Sacamano  Jan 17, 2010 08:34pm
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News DateMonday, January 18, 2010 12:25:00 AM UTC0:0
DescriptionSebastian Pinera has won Chile's presidential election, becoming the nation's first democratically elected right-wing president in 52 years.

With 99 per cent of the ballots counted on Sunday, the billionaire conservative candidate had a 52 per cent to 48 per cent advantage over Eduardo Frei, the left leaning former president, who conceded defeat.

The victory by Pinera, a Harvard-educated airline magnate, marks a shift to the right in South America, a region dominated by leftist rulers from Venezuela to Argentina, although no major changes to economic policy are expected.

Chile, with a population of 16 million, has the highest standard of living in Latin America, according to the Human Development Index, which measures education, health, income and other factors.
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