Chile is set for a second round presidential vote after Socialist candidate Michelle Bachelet polled under 50 percent.
Her nearest rival is billionaire businessman Sebastian Pinera, the moderate conservative who garnered about 26 percent. Pinera has just become a lot stronger. Joaquin Lavin, another conservative who gained 23 percent, has stepped aside and endorsed him.Pinera said the road ahead united the two conservatives, adding that Lavin would now be not only a friend but an ally in the challenges ahead. Some analysts Pinera could win the run-off.Chile also held elections for the parliament and senate on Sunday. The votes handed Bachelet victory, with her centre-left bloc taking firm control of both houses.