Colombia’s Santos sweeps to presidential win

BOGOTA,  (Reuters) – Former Defense Minister Juan  Manuel Santos swept to a landslide victory in Colombia’s  run-off election yesterday to succeed Presi-dent Alvaro Uribe as  the leader of Washington’s top ally in Latin America.

Santos, backed by conservative Uribe, had won 69 percent of  the votes against former Bogota Mayor Antanas Mockus who  trailed with 27.6 percent with more than 98 percent of polling  stations counted, according to election authorities.

Santos has promised to stick to Uribe’s security and  pro-business policies, which have drawn in record levels of  foreign investment. His victory will likely strengthen  Colombia’s peso, stocks and local TES bonds.

Uribe is still popular after two terms during which he  battered left-wing FARC rebels and disarmed outlawed  paramilitaries who once battled, bombed and kidnapped across  Colombia, Latin America’s No. 4 oil producer.

Santos received more than 8.8 million votes — a record  high for a Colombian president — and will assume the  presidency in August with a strong mandate and solid support in  the country’s Congress.

“All I have to say is thanks, thanks and a thousand  thanks,” Santos, 58, said in a message on his Facebook page  minutes after results showed his victory.

In a sharp reminder of the lingering conflict facing  Santos, seven police officers were killed in a landmine blast  near the Venezuelan border on election day, and troops killed  six guerrillas in clashes in a central department.

Santos, who has also served as finance minister and helped  Colombia over a 1990s fiscal crisis, must tackle double-digit  unemployment, a stubborn deficit and a costly public health  system as the economy recovers from the global crisis.

“He’s the most well-prepared person to lead this country,”  said Bernardo Escallon, a lawyer who voted in Bogota. “Santos  has all the solutions for Colombia’s problems from security to  the economy to health.”

Tensions with Venezuelan President Hugo Chavez, who has cut  trade in a dispute weighing on Colombia’s economy, will also  simmer on under Santos. The two men, who Santos says are “oil  and water”, have clashed repeatedly.

A U.S.- and British-educated economist who began his public  career in his mid-20s, Santos easily won a May 30 first round,  falling just short of the 50 percent plus one vote he needed to  avoid a run-off.

Mockus’ small Green Party had challenged traditional  parties with a call for cleaner government, but he was unable  to stop Santos, who was closely identified with Uribe.

“The Green Party will be an independent force,” Mockus  said, accepting defeat at his campaign headquarters. “There are  millions of us who have found a new way to do politics.”

Since Uribe came to power in 2002, violence, kidnappings  and bombings have dropped sharply thanks to billions of dollars  in U.S. aid to fight guerrillas and drug barons. Now safer,  Colombia is enjoying an oil and mining boom despite lingering  violence from its cocaine-fueled conflict.

In February, a court blocked an attempt by Uribe supporters  to change the constitution to let him run again. The ruling  triggered a short, intense campaign to succeed the leader whose  popularity rating hovers around 70 percent.

Uribe’s second four-year term was marred by scandals over  corruption and rights abuses, including arrests of lawmakers  for colluding with death squads and a probe into state spies  illegally wiretapping journalists and judges.