Morgan Stanley
India | Sunday, 23 November 2008
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Bhutto widower elected Pakistani president

By Islamabad
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Posted 06 September 2008 @ 05:48 pm GMT

The widower of slain former premier Benazir Bhutto became Pakistan's new president Saturday after winning a landslide election victory that makes him a critical partner of the West against international terrorism.

Supporters of Pakistan People Party celebrate unofficially announced victory of Asif Ali Zardari in the presidential election while a boy kisses a poster of Zardari in Karachi, Pakistan on Saturday, Sept. 6, 2008.
(AP)

Unofficial results announced after separate votes in the federal and provincial assemblies showed Asif Ali Zardari winning an overwhelming majority, bolstered by public loyalty to his late wife and hopes that he can pull the country out of its economic doldrums.

Pro-Zardari lawmakers, some in tears, shouted "Long live Bhutto!" as the vote tallies came in. The couple's two jubilant but tearful daughters, one carrying a portrait of their late mother, smiled and hugged friends in the gallery of the National Assembly.

But Saturday also brought a brutal reminder of the threats to the nuclear-armed nation's stability as a suicide car bomber killed at least 17 people and wounded dozens near the northwestern city of Peshawar.

The blast destroyed a police checkpoint and collapsed several nearby shops. Civilians dug frantically with their hands for possible survivors.

Head of the main ruling party, Zardari becomes one of the most powerful civilian leaders in Pakistan's turbulent 61-year history. Last month, he marshaled a coalition that forced longtime U.S. ally Pervez Musharraf to quit as head of state.

Zardari, a novice leader untested on the international stage and stained by past corruption allegations, takes over at a critical time for the volatile Muslim nation of more than 160 million.

The economy is crumbling, and Saturday's attack was the latest in a string of suicide bombings usually claimed by Islamic militants who have steadily gained strength since Pakistan joined the U.S. war on terrorism in 2001.

On Saturday evening, a beaming Zardari hugged and shook hands with supporters and well-wishers gathering for a celebratory dinner in the gardens of the prime minister's residence on a hill overlooking the capital.

In a brief speech, he rejected criticism that he would be a divisive president and took another swipe at Musharraf.

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