Uruguayan ruling party's Vazquez wins presidential election

December 1, 2014 3:52 AM

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MONTEVIDEO (Reuters) - Tabare Vazquez won back his old job as president of Uruguay in a runoff election on Sunday, allowing the leftist ruling coalition to extend its decade in power and roll out a groundbreaking law that legalizes the production and sale of marijuana.

Center-right opposition candidate Luis Lacalle Pou quickly conceded defeat after unofficial quick counts showed Vazquez with over 53 percent support. Lacalle Pou trailed with about 41 percent.

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