Peru's right-wing candidate Keiko Fujimori has admitted defeat in the run-off of the Presidential election. Ms Fujimori said she would congratulate her rival populist former Army officer Ollanta Humala in person. Mr Humala has a steady 2.7 per cent lead with almost all the votes counted. With most votes counted, the leftist ex-soldier has 51.4 per cent of the vote 2.7 percentage points ahead of his conservative rival. In his victory speech, he promised that poor Peruvians would share the country's mineral wealth and benefit from its impressive economic growth.