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Bachelet Wins Chile Presidential Run-off

Socialist Michelle Bachelet was swept back into office Sunday as Chile's next president, on a platform of narrowing the gap between rich and poor.

Via AFP:

Socialist Michelle Bachelet easily trounced her conservative rival Sunday and was swept back into Chile's presidency on a platform of narrowing the gap between the rich and poor.

One of the first challenges for Bachelet, who was president 2006-2010, will be to dampen the soaring expectations for quick changes as Chile's booming economy loses steam with Asian demands for Chile's copper diminishing.

Bachelet defeated conservative Evelyn Matthei in a landslide, 62 percent to 38 percent, according to official returns. The race marked the first time in Latin America that a presidential runo...

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