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Right-Wing Billionaire Wins Chilean Presidential Race

HeadlineJan 19, 2010

In news from Latin America, the right-wing billionaire Sebastián Piñera has been elected president of Chile, becoming the first conservative to win the presidency since the fall of the Pinochet dictatorship in 1990. Piñera received 52 percent of the vote. Former Chilean president Eduardo Frei won 48 percent. Frei lost despite being endorsed by Chile’s popular president Michelle Bachelet, who was unable to run for re-election under Chilean law. On the campaign trail, Piñera said former members of the Pinochet government would not be allowed to serve in his cabinet, but Piñera has some ties to the former dictatorship. His brother, José Piñera, served as Pinochet’s labor minister and helped install the nation’s neoliberal economic program. Some members of Piñera’s coalition also served in the Pinochet cabinet.

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