Lobo elected Honduras president

Honduran cattle rancher Porfirio Lobo was elected president in a peaceful vote as the Central American nation seeks to overcome a five-month political crisis, win international legitimacy and rebuild its economy. Lobo, a National Party member, campaigned on a pledge to attract foreign investment to bolster the economy. His main opponent, the Liberal Party’s Elvin Santos, conceded defeat. “There was no violence, the vote was peaceful, people weren’t intimidated and now Lobo can move ahead,” said Heather Berkman, a political risk analyst at the Eurasia Group in New York. “Honduras is definitely getting toward the end of the crisis.” Hondurans voted yesterday to replace Manuel Zelaya, who was deposed by the military in June after the Supreme Court ruled his bid to change the constitution was illegal.