Billionaire Pinera Recaptures Chile Presidency With Resounding Win

Billionaire Pinera Recaptures Chile Presidency With Resounding Win
Presidential candidate Sebastian Pinera and his wife Cecilia wave to supporters after winning Chile's presidential election, in Santiago, Dec. 17, 2017. Reuters/Ivan Alvarado
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SANTIAGO–Conservative Sebastian Pinera won Chile’s presidential election by a wider-than-forecast margin on Sunday, pledging to jump-start economic growth in the world’s top copper exporter and opt for more business-friendly policies than his center-left predecessor.

Chile’s electoral authority called the election for former president Pinera, who won 54.58 percent of votes compared with 45.42 percent for the center-left Alejandro Guillier, in a race that had been considered a toss-up.