Mexico ruling party candidate accepts defeat in presidential race

Mexican presidential candidate Jose Antonio Meade, of the ruling Institutional Revolutionary Party (PRI), accepted his election defeat by anti-establishment leftist Andres Manuel Lopez Obrador.

After exit polls yesterday showed Lopez Obrador winning by a large margin -- in a major break with the two parties that have governed Mexico for nearly a century -- Meade said the leftist had "won the majority," adding: "I wish Andres Manuel the greatest of success.