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Full Article Follow Reuters Facebook Twitter RSS YouTube Read Libya declares "liberation," Gaddafi stays unburied | 1:22am EDT U.S. rating likely to be downgraded again: Merrill 23 Oct 2011 Sarkozy yields on ECB crisis role, pressure on Italy | 3:52am EDT Obama to announce actions on housing, student loans 12:55am EDT Gaddafi's son shown speaking with Libya captors: TV 23 Oct 2011 Discussed 159 Gaddafi captured as he fled Sirte: NTC official 124 Strike shuts down Greece before austerity vote 83 Fraud case leaves California Democrats scrambling Watched GADDAFI BEATING: New footage showing last moments Thu, Oct 20 2011 Graphic video shows Gaddafi alive, manhandled before death Thu, Oct 20 2011 Libya officially declares liberation. Sun, Oct 23 2011 Argentine president strolls to re-election victory Tweet Share this Email Print Factbox Argentine president's policies in likely second term Sun, Oct 23 2011 Analysis & Opinion Tunisian vote on Sunday set to give Islamists a share of power Islamist Ennahda woman candidate defies stereotypes in Tunisian election Related Topics World » Argentina » 1 of 6. Argentine President Cristina Fernandez de Kirchner kisses a boy wrapped in a flag depicting her face on it while celebrating her victory in Argentina's presidential election at the Plaza de Mayo square in Buenos Aires October 23, 2011. Credit: Reuters/Martin Acosta By Helen Popper and Terry Wade BUENOS AIRES | Mon Oct 24, 2011 3:01am EDT BUENOS AIRES (Reuters) - Argentina's center-leftist president, Cristina Fernandez, won a landslide re-election victory on Sunday as voters credited her unconventional policies for a long economic boom. The result marks a dramatic change of fortunes for a leader who some critics once said might have to leave power early as angry protests by farmers and middle-class voters battered her approval ratings soon after she took office. With votes in from 96 percent of polling stations, Fernandez had almost 54 percent of the vote with a massive lead of 36 percentage points over her nearest rival, socialist candidate Hermes Binner. No Argentine leader has won such a big share of the vote since General Juan Domingo Peron was elected for the third time with 62 percent in 1973. "If any one of us had said this was possible two years ago, they would have told us we were crazy," a tearful Fernandez, 58, told thousands of supporters who packed the downtown square that lies before the pink presidential place in Buenos Aires. "There's a lot left to do, but if anyone had seen this country before 2003, they'd realize how much progress we've made," Fernandez said in a speech laden with references to her late husband and presidential predecessor, Nestor Kirchner, who governed from 2003 to 2007. When Kirchner died of a heart attack a year ago, many thought it spelled the end of the couple's idiosyncratic blend of state intervention, hefty welfare spending, nationalist rhetoric and the championing of human rights. Instead, it prompted an outpouring of sympathy for a woman who suddenly seemed more likable and recognition of Kirchner's role in helping the country back on its feet after a sharp economic crisis in 2001/02 that plunged millions into poverty and culminated in the biggest debt default in history. WIDOWHOOD Despite double-digit inflation and other signs of strain as global conditions worsen, Argentina's economy is growing at about 8 percent a year and the country has regained some of its glory as the "breadbasket of the world" as grains shipments rise. Unemployment is at a 20-year low. A splintered opposition and voter confidence over the health of the economy helped Fernandez turn the sympathy vote over her widow status into solid electoral support. Two years ago, voters punished her confrontational handling of the farm conflict by voting in opposition lawmakers in a mid-term election, but analysts said Sunday's results would help her regain a narrow working majority in Congress. "They've done good things and bad things ... but what matters is that for the first time there's a plan for the country that involves all Argentines of all classes," said Malena Juanatey, 25, a film director, who joined thousands of supporters in downtown Buenos Aires. But Fernandez's easy re-election belies fierce opposition to her combative, heavy-handed style -- typical of the Peronist party that has dominated Argentine politics for decades. A recent crackdown on economists whose inflation estimates double the official rate of a discredited state statistics agency is typical of Fernandez's controversial methods, who some critics say resemble those of Venezuela's Hugo Chavez. Businesses are routinely strong-armed into price control agreements -- her main weapon against surging prices -- and deals to increase their exports as the trade surplus dwindles. In 2008, at the height of the global financial crisis, Fernandez stunned financial markets by nationalizing private pensions. A year later, she fired the head of the central bank when he refused to hand over foreign reserves to pay debt. Such measures, coupled with high inflation and lax monetary and fiscal policy are viewed dimly on Wall Street, where economists say Latin America's third-biggest economy could be heading for a hard landing as global conditions sour. Fernandez has outlined few concrete policy proposals, vowing only to "deepen the model." Few analysts think she will change course unless forced to by a slowdown in neighboring Brazil or lower prices for Argentina's soy exports. Regaining a working majority in Congress could strengthen her hand. "We expect the current policy direction to be broadly maintained," said Alberto Ramos, chief economist at Goldman Sachs. "Control of Congress will lead to a significant concentration of power and gives the government legislative backing for some of its most interventionist policies." (Additional reporting by Luis Andres Henao; editing by Christopher Wilson) World Argentina Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) libertadormg wrote: Cristina Fernandez evokes memories of Eva Peron. Oct 23, 2011 8:48pm EDT -- Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) 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