Opposition candidate Mauricio Macri is declared the winner of Argentina's presidential election. Rough cut (no reporter narration).
ROUGH CUT - NO REPORTER NARRATION Conservative opposition candidate Mauricio Macri comfortably won Argentina's presidential election on Sunday (November 22) after promising business-friendly reforms to spur investment in the struggling economy. Macri's supporters celebrated his triumph at the 'Let's Change' coalition headquarters. In a sign of Argentines' weariness with a spluttering economy, rising crime and corruption, Macri went into the run-off election with a comfortable lead in opinion polls over Daniel Scioli, the candidate of outgoing President Cristina Fernandez. Surrounded by supporters, Scioli conceded defeat and said he had called his centre-right challenger. Barred from seeking a third straight term, Fernandez will leave office with Argentina deeply divided between those who back her protectionist policies and defence of worker rights and others who blame her policies for weak economic growth. A moderate within the Peronist movement, Scioli appears to have failed to win over middle-ground voters after struggling to step out of Fernandez's shadow during the election campaign.