yes this is a trend who's substance can be over played but still.... ===================================== Socialist Tabare Vazquez scored a historic victory in Uruguay's presidential voting as exit polls showed his coalition that includes former guerrilla fighters with more than 50 percent of votes cast. Supporters of Vazquez's leftist coalition, (which includes former Tupamaro rebels that took up arms to fight the 1973-1985 military junta) were already celebrating in the street as Vazquez declared victory. Crowds gathered along Montevideo's main avenue waving red, white and blue flags -- the coalition colors. A coalition victory will break the stranglehold the Colorado and National parties have held on the nation's presidency since Uruguay's independence from Spain in 1825 Under the current regime of president Batlle, Uruguay suffered an economic meltdown that resulted in an 80 percent drop in the country's hard-currency reserves, and the official unemployment rate soar to 20 percent, leaving one in four Uruguayans destitute. . The new president will face tiny Uruguay's 12-billion-dollar debt (approximately 4,ooo dollars per adult ) and a currency recovering from a two-thirds devaluation Vazquez follows other left-of-center candidates taking office in South America, including Brazil's Luiz Inacio Lula da Silva (2002), Argentina's Nestor Kirchner(2003), Ecuador's Lucio Gutierrez (2002), Chile's Ricardo Lagos (2000) and Venezuela's Hugo Chavez (1998) ================================================Posted by pinky at November 2, 2004 07:26 AM
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