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18 January 2010

CHILE: Stock Market Hits New High After Conservative Pinera's Presidential Win.


NYTIMES/
Conservative billionaire businessman Sebastian Pinera won by about 4% over Eduardo Frei in the presidential run-off election, sending the stock market there higher, including LAN Airlines which are part of Pinera's  holdings.  Popular outgoing leftist president Michelle Bachelet was unable to transfer her 75% approval rating to Frei, whom voters saw as a retread.


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Labels: Eduardo Frei, Sebastian Pinera
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