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  Humala Headed to Victory in Peru Election, Quick Count Says
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ContributorSarnstrom 
Last EditedSarnstrom  Jun 05, 2011 06:13pm
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News DateMonday, June 6, 2011 12:00:00 AM UTC0:0
DescriptionJune 5 (Bloomberg) -- Peruvian opposition candidate Ollanta Humala is headed to victory over Congresswoman Keiko Fujimori in the Andean nation’s presidential runoff, according to a quick count of ballots and three exit polls.

Humala won 51.3 percent compared with 48.7 percent for Fujimori, according to a quick count of 62 percent of ballots at selected polling stations nationwide by Lima-based researcher Datum Internacional. Three exit polls by Datum, Ipsos-Apoyo and CPI favored by Humala at least a five percentage point margin.

Official results will be provided after 7 p.m. New York time.

Both candidates, after running populist campaigns in the first round, vow to maintain policies that have made Peru’s economy the fastest-growing in Latin America in the past decade. Pedro Pablo Kuczynski, a former finance minister who supported Fujimori, said a likely Humala victory won’t spell disaster for Peru.

“I don’t see such a great danger. I don’t see a hecatomb,” Kuczynski said in comments to Lima-based America Television. “The big, big question of this election is how a country growing at full speed, without inflation, ended up voting for a radical.”

Each candidate has been dogged by their past. Even though Humala abandoned his support for Venezuela’s Hugo Chavez, stocks swung wildly last week on speculation backing for Humala was growing. Fujimori apologized for her father Alberto Fujimori’s crimes and ruled out a possible pardon for him amid voter concerns her victory may revive the corruption and authoritarian rule associated with his 10-year presidency that ended in 2000.

Agonizing Race

“This has been agonizing for Peru,” said Michael Shifter, who worked in Lima for the Ford Foundation in the early 1990s and is president of Inter American Dialogue in Washington, a policy research organization. “There’s a lot of baggage with Keiko and the problem with Humala is we don’t know who we are going to get when he takes offi
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