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US PRESIDENTIAL ELECTION 2020

Finance executives will be closely watching how Biden handles the coming internal Democratic fight between centrists and progressives that threatens to increase regulation and dent profits (AP)
Finance executives will be closely watching how Biden handles the coming internal Democratic fight between centrists and progressives that threatens to increase regulation and dent profits (AP)

Wall Street wants to be sure Biden can keep Warren’s army at bay

Wall Street has made its peace with a Joe Biden victory, taking comfort in his decades-long political career in which moderation is a prevailing trait. But it’s nervous about his more liberal allies.

FILE PHOTO: Democratic U.S. presidential nominee Joe Biden receives a nudge from his wife, Dr. Jill Biden, to remind him about proper social distancing as he speaks to reporters at Miami International Airport prior to participating in a town hall event in Miami, Florida, U.S., October 5, 2020. REUTERS/Brendan McDermid/File Photo (REUTERS)
FILE PHOTO: Democratic U.S. presidential nominee Joe Biden receives a nudge from his wife, Dr. Jill Biden, to remind him about proper social distancing as he speaks to reporters at Miami International Airport prior to participating in a town hall event in Miami, Florida, U.S., October 5, 2020. REUTERS/Brendan McDermid/File Photo (REUTERS)

Joe Biden: Stumbles, tragedies and, now, delayed triumph

The tribute marked the presumed end of a long public life that put Biden in the orbit of the Oval Office for 45 years — yet, through a combination of family and personal tragedy, his own political missteps and sheer bad timing, had never allowed him to sit behind the Resolute Desk himself

FILE- In this Aug. 20, 2020, file photo Democratic presidential candidate former Vice President Joe Biden pumps his fist on stage with his running mate Sen. Kamala Harris, D-Calif., during the fourth day of the Democratic National Convention at the Chase Center in Wilmington, Del. (AP Photo/Andrew Harnik, File) (AP)
FILE- In this Aug. 20, 2020, file photo Democratic presidential candidate former Vice President Joe Biden pumps his fist on stage with his running mate Sen. Kamala Harris, D-Calif., during the fourth day of the Democratic National Convention at the Chase Center in Wilmington, Del. (AP Photo/Andrew Harnik, File) (AP)

Biden has plenty of know-how. He’s going to need it

Few presidents arrive at the White House as well qualified by experience and temperament, but the challenges will still be brutal.

Biden has already outlined plans to spend billions to combat climate change (AP)
Biden has already outlined plans to spend billions to combat climate change (AP)

Biden’s election draws curtain on Trump’s tumultuous presidency

  • Biden managed to pull together a winning electoral coalition to end Trump’s presidency
  • The future president has promised to make the pandemic his top priority, with a vast expansion of surveillance testing for the virus

FILE PHOTO: Democratic U.S. presidential candidate and former Vice President Joe Biden speaks during a campaign stop in Detroit, Michigan, U.S., March 9, 2020. REUTERS/Brendan McDermid/File Photo (REUTERS)
FILE PHOTO: Democratic U.S. presidential candidate and former Vice President Joe Biden speaks during a campaign stop in Detroit, Michigan, U.S., March 9, 2020. REUTERS/Brendan McDermid/File Photo (REUTERS)

Biden wins White House, vowing new direction for divided US

His victory came after more than three days of uncertainty as election officials sorted through a surge of mail-in votes that delayed the processing of some ballots. Biden crossed 270 Electoral College votes with a win in Pennsylvania

Kamala Harris has often reflected on her proud Indian heritage (AFP)
Photo: Mint
Photo: Mint

Markets see the bright side to US election frenzy

Markets can act strangely sometimes. They have surged even when presidential candidate Joe Biden, considered to be less business-friendly, is leading in the US elections. One reason for this could be that investors don’t like uncertainty. Mint explores

Photo Reuters
Photo AFP
Jerome Powell, chairman of the US Federal Reserve, speaks during a virtual news conference in Arlington, Virginia. (Bloomberg)
Jerome Powell, chairman of the US Federal Reserve, speaks during a virtual news conference in Arlington, Virginia. (Bloomberg)

Fed's Jerome Powell: More stimulus needed to help US economy

  • Powell steered away from any discussion of politics, saying the economy, not the election, was the focus of the 2-day meeting of the Fed's policy-setting Federal Open Market Committee
  • The recent spike in Covid-19 cases is 'particularly concerning' for the US economy, Powell said

Democratic presidential candidate former Vice President Joe Biden removes his face mask to speak at The Queen theater, Thursday, Nov. 5, 2020, in Wilmington, Del. (AP Photo/Carolyn Kaster) (AP)
Democratic presidential candidate former Vice President Joe Biden removes his face mask to speak at The Queen theater, Thursday, Nov. 5, 2020, in Wilmington, Del. (AP Photo/Carolyn Kaster) (AP)

Forget Biden vs. Trump: The incumbent Is winning in stock market

A strange thing happened on the way to the biggest post-election surge in modern stock-market history. On Wednesday, while the S&P 500 was tacking on $600 billion of fresh value, most of its members fell.

Activists hold up flowers and signs stating ‘COUNT EVERY VOTE’ across the street from where votes are still being counted, two days after the 2020 U.S. presidential election, in Philadelphia, Pennsylvania, U.S. November 5, 2020. (REUTERS)
Activists hold up flowers and signs stating ‘COUNT EVERY VOTE’ across the street from where votes are still being counted, two days after the 2020 U.S. presidential election, in Philadelphia, Pennsylvania, U.S. November 5, 2020. (REUTERS)
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Why are election results taking so long? State-by-state look at electoral votes

  • Guide to key states yet to be called by Associated Press in 2020 presidential election

A woman reacts at the news of Democratic US presidential nominee and former Vice President Joe Biden winning Michigan. (REUTERS)
A woman reacts at the news of Democratic US presidential nominee and former Vice President Joe Biden winning Michigan. (REUTERS)

US Election results: Biden wins Michigan, Wisconsin, now on brink of White House

  • A full day after Election Day, neither candidate had cleared the 270 Electoral College votes needed to win the White House
  • Biden's victories in the Great Lakes states left him at 264, meaning he was one state away

Oath of Allegiance for US citizenship under progress in Washington. According to the US Citizenship and Immigration Services, the department has received about 250,000 H-1B work visa applications, with Indians accounting for 67% of total work visas. (Photo: Reuters)
Oath of Allegiance for US citizenship under progress in Washington. According to the US Citizenship and Immigration Services, the department has received about 250,000 H-1B work visa applications, with Indians accounting for 67% of total work visas. (Photo: Reuters)

H-1B visa a political challenge for victor

  • US experts say it would be tough to be more generous with the visa norms
  • The immediate impact of a Biden victory on immigration may be felt more in administration than in policy, according to a US-based analyst

Photo: Bloomberg
Photo: Bloomberg

US programmes a plus for india’s energy playbook

Over last two decades, US-India energy cooperation has constantly evolved

India has now become the fourth largest-export destination for the US crude and the fifth-largest for the US liquified natural gas.
India has now become the fourth largest-export destination for the US crude and the fifth-largest for the US liquified natural gas.

Election outcome may impact India’s green economy space

  • A Biden victory could bode well for renewable energy, while a Trump win may further aid oil, infra and defence
  • Analysts they do not expect a major shift in US policy towards India, given the commonality of purpose and shared goals in Indo-Pacific region

USAID has been partnering with the Indian govt, private sector, and civil society to strengthen health services for the poor.
Without a welcoming political environment in US, students have always the option of choosing the UK or Canada (Photo: iStock)
U.S. President Donald Trump and Democratic U.S. presidential nominee and former Vice President Joe Biden making a fist in this collage (Reuters)
U.S. President Donald Trump and Democratic U.S. presidential nominee and former Vice President Joe Biden making a fist in this collage (Reuters)

US Election Results updates: Biden closes in on victory, Trump turns to courts

  • After the victory in Wisconsin and Michigan, Joe Biden held 264 Electoral College votes, just six away from the presidency
  • The results in six states — Georgia, Pennsylvania, North Carolina, Arizona, Alaska and Nevada — are yet to be declared as officials counted millions of votes

People gather to protest US President Donald Trump's threat to contest the election results during a 'Count every vote' rally in Boston, Massachusetts on November 4, 2020. (AFP)
People gather to protest US President Donald Trump's threat to contest the election results during a 'Count every vote' rally in Boston, Massachusetts on November 4, 2020. (AFP)

US presidential election: It’s too close to call

  • US presidential election hangs in the balance as contest hinges on who takes six swing states even as Democrat nominee Joe Biden holds the edge

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