Monday, May 26, 2014

Billionaire Poroshenko declares victory in Ukraine

Billionaire Petro Poroshenko declared victory Sunday in Ukraine's presidential election, following preliminary exit polls that suggested he received 56% of the vote. His closest challenger, former Ukrainian prime minister and leader of the Batkivshchyna party Yulia Tymoshenko, conceded the election after exit polls showed her with 13% of the vote. Poroshenko, a candy tycoon known as the "Chocolate King," is also a seasoned politician. The election took place Sunday despite a recent wave of deadly violence in the east and threats by pro-Russia separatists to prevent citizens from casting their ballots. Voters were picking a successor to ousted pro-Moscow President Viktor Yanukovych in a country torn apart by Russia's takeover of Ukraine's Crimea peninsula and by bloody conflict with pro-Russia factions.

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