
US President-elect Joe Biden said that voters had given him a "convincing" victory after he was projected to have defeated Donald Trump. "Folks, the people of this nation have spoken. They've delivered us a clear victory, a convincing victory," an ebullient Biden told a victory rally in his home state of Delaware.
US Democrat Joe Biden captured the US presidency on Saturday as voters narrowly rebuffed Republican incumbent Donald Trump's tumultuous leadership and embraced Biden's promise to fight the coronavirus pandemic and fix the economy in a divided nation.
Winning the battleground state of Pennsylvania's 20 Electoral College votes gave the former vice president more than the 270 he needed to triumph, prompting all major TV networks to declare him victor came after four days of nail-biting suspense following Tuesday's election.
"I am honored and humbled by the trust the American people have placed in me and in Vice President-elect (Kamala) Harris. In the face of unprecedented obstacles, a record number of Americans voted," Biden said on Twitter. "With the campaign over, it's time to put the anger and the harsh rhetoric behind us and come together as a nation. It's time for America to unite. And to heal."
Trump, who has made repeated claims of electoral fraud without providing evidence, immediately accused Biden of "rushing to falsely pose as the winner."
US Election 2020: Joe Biden Says He Is Already Meeting with Experts While Prepping For White HouseThe 2026 midterms are also on track to become the most expensive midterm elections for political advertising since at least 2018.
America does not have a central election authority that centrally undertakes these critical functions. Each of the 50 states sets its own election laws.
A potential Democratic takeover of both chambers of the US Congress could slow President Donald Trump's policy agenda, but Peter Cardillo believes the market reaction may be short-lived.
A Republican victory in both chambers of Congress could give the Trump administration greater freedom to pursue tax, spending and regulatory changes.
The President isn't on the ballot. But his room to manoeuvre certainly is.
Republicans currently control both the House and the Senate. If Democrats win, then Trump may find it harder to get support for his plans during the last two years of his presidency.
Trump himself is not on the ballot, but the result will shape his ability to pass laws, confirm appointees and face investigations.
The consequences of US midterm election for India would be transmitted through US Treasury yields, the dollar, energy prices and export demand.
At stake is the leadership of a city with a nearly $15-billion annual budget, persistent homelessness and housing challenges, and the responsibility of preparing for the 2028 Olympic Games.
Trump won Ohio in all three of his presidential runs, but a Marist Poll in October found only 43 percent approving of the job he's doing and 55% disapproving.
Speaking to reporters last week, the US President had said that he will respect the results of the upcoming midterm elections if the polls are conducted honestly.
Trump and Netanyahu reportedly held a candid call on Saturday as Netanyahu wants strikes immediately after Tuesday's US midterm elections,
Among the well-known names are Democratic lawmakers Ro Khanna, Pramila Jayapal, Ami Bera and Suhas Subramanyam, who are seeking re-election to Congress. Republican Vivek Ramaswamy is contesting the Ohio Governor election.
US media reported that Trump had held a call with Israeli PM Benjamin Netanyahu on Saturday over whether and when to ramp up combat operations against Iran.
The September-quarter earnings season will remain in focus, with several major Indian companies scheduled to announce their results during the week.
On November 3, voters will cast their ballots after months of higher fuel bills. ExxonMobil and Chevron, meanwhile, have just delivered another lucrative quarter, and the president's accounts hold substantial stakes in both.
