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Tycoon tipped to win Chile ballot Chile tycoon 'wins' first round
(about 16 hours later)
Chile is voting for a new president, with opinion polls suggesting billionaire Sebastian Pinera is the frontrunner. Early results in Chile's presidential elections put billionaire Sebastian Pinera ahead, but without the majority needed to avoid a second round.
The centre-right businessman is one of four men vying for the job. The centre-right businessman has 44% of the vote, with 60% of ballots counted.
He is up against three left and centre-left candidates - Eduardo Frei, Marco Enriquez-Ominami and Jorge Arrate.He is up against three left and centre-left candidates - Eduardo Frei, Marco Enriquez-Ominami and Jorge Arrate.
BBC correspondents say the signs are that the country could be about to shift to the right, after 20 years of centre-left rule. BBC correspondents say the signs are that the country is likely to shift to the right, after 20 years of centre-left rule.
If no-one manages to get 50% of the vote on Sunday, the two leading candidates will go through to a run-off on 17 January. If no-one manages to get 50% of the vote in the first round, the two leading candidates will go through to a run-off on 17 January.
Growth promise The early results show that Mr Frei has 30%, with the other two candidates trailing badly.
Mr Pinera, 60, owns a television channel, a stake in Chile's most successful football club and has millions of dollars in investments.
CHILE'S PRESIDENTIAL HOPEFULS Sebastian Pinera - centre-right businessman, lost to Michelle Bachelet in 2006 presidential raceEduardo Frei - candidate of the ruling centre-left coalition; served as president 1994-2000Marco Enriquez-Ominami - independent set to split centre-left vote; former film directorJorge Arrate - veteran Socialist, has support of Communist PartyCHILE'S PRESIDENTIAL HOPEFULS Sebastian Pinera - centre-right businessman, lost to Michelle Bachelet in 2006 presidential raceEduardo Frei - candidate of the ruling centre-left coalition; served as president 1994-2000Marco Enriquez-Ominami - independent set to split centre-left vote; former film directorJorge Arrate - veteran Socialist, has support of Communist Party
Mr Frei, 67, is seeking his second term as president after an absence of 10 years.
Around eight million Chileans have been voting in the election.
Mr Pinera, 60, owns a television channel, a stake in Chile's most successful football club and has millions of dollars in investments.
He has campaigned on a tough law-and-order ticket and has also vowed to use his business know-how to reactivate the economy, promising Chileans an annual growth rate of 6% for the next four years.He has campaigned on a tough law-and-order ticket and has also vowed to use his business know-how to reactivate the economy, promising Chileans an annual growth rate of 6% for the next four years.
The BBC's Gideon Long in Santiago says he looks certain to win Sunday's ballot.The BBC's Gideon Long in Santiago says he looks certain to win Sunday's ballot.
The big question, our correspondent says, is whether Mr Pinera can reach the crucial 50% mark which would secure outright victory and give Chile its first conservative government since 1990, when strongman Gen Augusto Pinochet finally relinquished power.The big question, our correspondent says, is whether Mr Pinera can reach the crucial 50% mark which would secure outright victory and give Chile its first conservative government since 1990, when strongman Gen Augusto Pinochet finally relinquished power.
If he cannot - and most polls suggest he will not - then the contest will go to a second round in January, in which Mr Pinera would probably face Eduardo Frei, 67, who is seeking his second term as president after an absence of 10 years. The poll could lead to a run off in January.
Former President Eduardo Frei is seeking another term in office
This is the second time Mr Pinera has run for the presidency at the head of a centre-right coalition.This is the second time Mr Pinera has run for the presidency at the head of a centre-right coalition.
In 2006, he lost to the extremely popular outgoing Socialist president, Michelle Bachelet.In 2006, he lost to the extremely popular outgoing Socialist president, Michelle Bachelet.
But under the constitution she cannot stand for re-election, and her candidate, Mr Frei, is struggling to emulate her popularity.But under the constitution she cannot stand for re-election, and her candidate, Mr Frei, is struggling to emulate her popularity.
The third candidate is Marco Enriquez-Ominami, a 36-year-old independent who has emerged from nowhere and split the centre-left vote.The third candidate is Marco Enriquez-Ominami, a 36-year-old independent who has emerged from nowhere and split the centre-left vote.
He says Chile needs a new face and new ideas in the presidential palace, after two decades of the same coalition.He says Chile needs a new face and new ideas in the presidential palace, after two decades of the same coalition.
The fourth candidate, and rank outsider, is Jorge Arrate, a veteran Socialist who has the support of Chile's Communist Party.The fourth candidate, and rank outsider, is Jorge Arrate, a veteran Socialist who has the support of Chile's Communist Party.
The centre-left has been split by in-fighting, and many Chileans appear to be ready for a change, our correspondent says.The centre-left has been split by in-fighting, and many Chileans appear to be ready for a change, our correspondent says.
If Mr Pinera is successful, it will mark the first time in 51 years that the conservatives have taken power in Chile via the ballot box.If Mr Pinera is successful, it will mark the first time in 51 years that the conservatives have taken power in Chile via the ballot box.


Are you in Chile? How do you intend to vote? What outcome are you hoping for? How important is this election for the country? Send us your comments using the form below. Are you in Chile? What outcome are you hoping for? How important is this election for the country? Send us your comments using the form below.
The BBC may edit your comments and not all emails will be published. Your comments may be published on any BBC media worldwide. Terms & ConditionsThe BBC may edit your comments and not all emails will be published. Your comments may be published on any BBC media worldwide. Terms & Conditions