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Argentina elections: Daniel Scioli leads exit polls | Argentina elections: Daniel Scioli leads exit polls |
(35 minutes later) | |
Centre-left candidate Daniel Scioli is leading exit polls in Argentina's election, but it is not clear if the vote will go into a run-off. | |
Mr Scioli was handpicked as candidate by two-term leader Cristina Fernandez de Kirchner, who is constitutionally barred from seeking a third term. | Mr Scioli was handpicked as candidate by two-term leader Cristina Fernandez de Kirchner, who is constitutionally barred from seeking a third term. |
The head of the campaign led by his main challenger, centre-right Buenos Aires mayor Mauricio Macri, says the election is heading for a second round. | The head of the campaign led by his main challenger, centre-right Buenos Aires mayor Mauricio Macri, says the election is heading for a second round. |
A run-off would be held on 22 November. | A run-off would be held on 22 November. |
Argentina's C5N television network said Mr Scioli had won by "a large margin". | Argentina's C5N television network said Mr Scioli had won by "a large margin". |
To win outright, a candidate needs 45% of the vote or a minimum of 40% as well as a 10-point lead over the nearest rival. | To win outright, a candidate needs 45% of the vote or a minimum of 40% as well as a 10-point lead over the nearest rival. |
Mr Scioli, the governor of Buenos Aires province, is a former world powerboating champion who lost his right arm in a race in 1989. | Mr Scioli, the governor of Buenos Aires province, is a former world powerboating champion who lost his right arm in a race in 1989. |
Last week, he pledged tax cuts for workers earning under a certain income, a move expected to affect half a million people. | Last week, he pledged tax cuts for workers earning under a certain income, a move expected to affect half a million people. |
He has also vowed to bring down Argentina's inflation to single digits in less than four years and promises to introduce policy changes to invigorate the economy. | He has also vowed to bring down Argentina's inflation to single digits in less than four years and promises to introduce policy changes to invigorate the economy. |
Another candidate, Sergio Massa, a former ally of Ms Fernandez, is polling behind Mr Macri. There are three other names on the ballot paper, with 32m people eligible to vote. | Another candidate, Sergio Massa, a former ally of Ms Fernandez, is polling behind Mr Macri. There are three other names on the ballot paper, with 32m people eligible to vote. |
Long queues formed outside polling stations from the early hours of Sunday. | Long queues formed outside polling stations from the early hours of Sunday. |
Ms Fernandez, who stands down after eight years in power, says she leaves Argentines a better country. | Ms Fernandez, who stands down after eight years in power, says she leaves Argentines a better country. |
"We are voting today in a completely normal country," said Ms Fernandez said after casting her vote in the Patagonian town of Rio Gallegos. | "We are voting today in a completely normal country," said Ms Fernandez said after casting her vote in the Patagonian town of Rio Gallegos. |
In previous decades, Argentines always went to the polls "in the middle of a serious crisis," she added. | In previous decades, Argentines always went to the polls "in the middle of a serious crisis," she added. |
Ms Fernandez said achieving stability and leaving Argentines "a normal country" was the promise made by her late husband, Neston Kirchner, when he took office in 2003. | Ms Fernandez said achieving stability and leaving Argentines "a normal country" was the promise made by her late husband, Neston Kirchner, when he took office in 2003. |
He died in 2010, three years after handing over the presidency to his wife. | He died in 2010, three years after handing over the presidency to his wife. |
Argentina elections: All to play for | Argentina elections: All to play for |
Whoever wins the presidency faces significant economic challenges. | Whoever wins the presidency faces significant economic challenges. |
While the country gained strength after a financial crisis in 2002, its economy, the third-largest in Latin America, has slowed in recent years, with GDP growing by only 0.5% last year. | While the country gained strength after a financial crisis in 2002, its economy, the third-largest in Latin America, has slowed in recent years, with GDP growing by only 0.5% last year. |
The government is also locked in a battle against American hedge funds who disagree with how it wants to restructure $100bn (£65bn) of debt on which it defaulted in 2001. | The government is also locked in a battle against American hedge funds who disagree with how it wants to restructure $100bn (£65bn) of debt on which it defaulted in 2001. |
While the firms successfully sued Argentina for repayment, Ms Fernandez refused to pay. | While the firms successfully sued Argentina for repayment, Ms Fernandez refused to pay. |