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Paraguay back in regional fold after presidential vote

Paraguay's neighbors Monday congratulated tobacco tycoon Horacio Cartes for his presidential election victory, ending the country's regional isolation after the president's controversial impeachment last year. Cartes's victory raised hopes for better days in a nation plagued by poverty and corruption, while Argentina, Brazil, Uruguay and other Latin American nations, as well as the United States, welcomed his win.

In Paraguay, a rich conservative must tackle poverty

By Daniela Desantis and Hilary Burke ASUNCION (Reuters) - For Horacio Cartes, a millionaire cigarette and soft drink magnate who will be Paraguay's next president, the challenge now is to run a country where most people can only dream of having a sliver of the wealth he does. The 56-year-old, who won election on Sunday with 46 percent of the vote and will take office in August, campaigned as a centre-right conservative at a time when most of Latin America is run by leftists.

Millionaire businessman wins Paraguay presidency

Colorado Party millionaire and political neophyte Horacio Cartes won Paraguay's presidential race, officials said Sunday, paving the way for his nation to rejoin the Mercosur trade bloc. Cartes, a conservative tobacco baron, took 46 percent of the vote against 37 percent for his nearest rival, Efrain Alegre of the ruling Liberal Party, Paraguay's top election official said. Alegre quickly conceded defeat. With the national flag wrapped around his neck, the 56 year-old president-elect said in his victory speech that he would lead Paraguay in "a new direction."

Cartes wins Paraguay presidential vote

Millionaire businessman Horacio Cartes of the opposition Colorado Party, a political neophyte with alleged drug ties, won Paraguay's presidential race, electoral officials said Sunday. Cartes took 45.91 percent of the votes, compared to 36.84 percent for Efrain Alegre of the ruling Liberal Party, who has conceded defeat, Electoral Board chief Alberto Ramirez said.

Paraguay's next president a rich newcomer to politics

By Daniela Desantis and Hilary Burke ASUNCION (Reuters) - President-elect Horacio Cartes is one of Paraguay's wealthiest men and, in a country infamous for corruption, some voters hope that means they will have a leader who is not tempted to steal. Brash and ambitious, Cartes had never voted before joining the centre-right Colorado Party four years ago. But he managed to convince his party and voters that his business experience would be enough to lead the South American country.

Paraguayan magnate wins back power for Colorado Party

By Daniela Desantis and Hilary Burke ASUNCION (Reuters) - Business magnate Horacio Cartes won Paraguay's presidential election on Sunday, returning his powerful centre-right Colorado Party to power after the left's brief spell ended in impeachment last year. Cartes, a political novice who had never even voted before joining the Colorado Party four years ago, won with 46 percent of votes, 9 percentage points ahead of Efrain Alegre of the ruling Liberal Party.
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