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Sunday, 30 May 2010 - Colombian vote pits Uribe ally against ex-mayor |
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    Read more with google mobile : Colombian vote pits Uribe ally against ex-mayor |

    Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared WRAPUP 4-BP fails to plug oil well with 'top kill' 29 May 2010 WRAPUP 1-Gulf residents eye slow fix for historic oil spill 1:05am EDT Israel rejects call to join anti-nuclear treaty 29 May 2010 Hollywood hellraiser Dennis Hopper dead at 74 | Video 29 May 2010 Gulf residents eye slow fix for historic oil spill | Video 1:08am EDT BP well disaster stuns hardened oil men 27 May 2010 Bankruptcy talk spreads among Calif. muni officials 27 May 2010 Business Books: Why Russia and China will eat your lunch 28 May 2010 Berkshire confirms Buffett subpoenaed to testify 28 May 2010 Suspected drug gangs dismember Mexico prison warden 29 May 2010 Israel rejects call to join anti-nuclear treaty 29 May 2010 Gulf residents eye slow fix for historic oil spill | Video 1:08am EDT Bankruptcy talk spreads among Calif. muni officials 27 May 2010 WRAPUP 1-Gulf residents eye slow fix for historic oil spill 1:05am EDT U.S. reverses stance on treaty to regulate arms trade 14 Oct 2009 Hollywood hellraiser Dennis Hopper dead at 74 | Video 29 May 2010 Business Books: Why Russia and China will eat your lunch 28 May 2010 WRAPUP 4-BP fails to plug oil well with 'top kill' 29 May 2010 Kitten survives wash and spin in a washing machine 27 May 2010 NBA-Lakers reach finals with Game Six win over Suns 29 May 2010 Colombian vote pits Uribe ally against ex-mayor Patrick Markey BOGOTA Sun May 30, 2010 2:17am EDT Factboxes Factbox: Colombian presidential front-runners' policies 2:17am EDT Factbox: Colombia's leading candidates Mockus and Santos 2:17am EDT BOGOTA (Reuters) - Colombians vote on Sunday for a successor to President Alvaro Uribe in an election pitting a veteran government minister from an elite family against an eccentric former mayor who vows to stamp out corruption. World The front-runners, former Defense Minister Juan Manuel Santos and former Bogota Mayor Antanas Mockus, both promise to continue Uribe's security policies, but polls show neither can win the more than 50 percent of votes needed to avoid a June runoff. A key U.S. ally in the region, Uribe steps down still popular after two terms dominated by his war against drug-trafficking rebels, and his pro-business approach that increased foreign investment five-fold since 2002. Uribe was barred by a constitutional court from seeking a third term. Santos, one of Uribe's staunchest supporters, is tied in most polls with Mockus, the son of Lithuanian immigrants and a former university professor who surged in support with a campaign against graft and "politics as usual." The two are also running close in opinion polls for the June 20 runoff. The four other main candidates are far behind. Mockus won support from young and urban voters by promising clean government and more education. Santos proved stronger in rural areas once battered by the country's long war. "We believe we can really change the way we do politics," Mockus told supporters on Saturday. Their country safer, most Colombians are now more concerned with jobs, education and healthcare than violence, and many are weary of the scandals that marred Uribe's second term. The next leader inherits better security and investment but also a slow economic recovery, a wide deficit, double-digit unemployment and a trade dispute with Venezuela, where socialist President Hugo Chavez is riled over U.S. influence. "Uribe has given us back security, now we can concentrate on creating jobs, jobs and more jobs," Santos said. Latin America's No. 4 oil producer and a top coal and coffee exporter, Colombia is enjoying a boom in energy and mining investment, but the next president must manage an influx of commodity dollars that will pressure the peso. Both front-runners say they will keep pro-market economic policies applauded by investors, and analysts see little long-term impact on the peso or local TES bonds whoever wins. TURNAROUND UNDER URIBE Once mired in fighting among paramilitaries, rebels and cocaine lords, Colombia enjoyed a dramatic turnaround under Uribe, whose own father was killed by FARC guerrillas. Backed by billions of dollars in U.S. aid, Uribe sent troops to reclaim areas once under the control of armed groups, and kidnappings, bombings and massacres dropped sharply. Poor infrastructure and a weak state presence still affect rural areas, where conflict forces peasants off their land and drug routes make Colombia the world's No. 1 cocaine exporter. Many Colombians thank Uribe for making towns and highways safer, but his last four years were marked by scandals over corruption, investigations into soldiers killing citizens and charges state agents illegally wiretapped his opponents. Alliances will be key in a second round. As head of Uribe's U Party, Santos will seek out the Conservative and Cambio Radical parties. Mockus, whose Green Party has few seats in Congress, claims the moderate, middle ground. "There will be fierce competition for the backers of the other candidates," said Cynthia Arnson, director of the Latin America program at the Woodrow Wilson Center. Santos would count on strong backing in the Congress where his party is the largest political bloc, but Mockus could struggle to push through ambitious reforms with only a few seats in the legislature. "Markets could experience a moderate sell-off in case Mockus is elected president on concerns over governability," Alberto Ramos at Goldman Sachs said in a report. Santos, a U.S.- and British-educated economist whose great- uncle was president, points to his experience as finance, trade and defense minister. But some voters associate the former newspaper editor him with government scandals. Mockus, whose beard gives him the air of a preacher, once dropped his pants as a university director to get the attention of unruly students. As mayor, he donned a superhero suit to inspire residents to follow civic rules. The French-educated mathematician and philosopher was praised for his fiscal discipline and tough line on crime when he helped turn around once-chaotic Bogota. But critics say his meandering style and lack of national experience show he is not the decisive leader a country like Colombia needs. (Editing by Peter Cooney) World     Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. 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.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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