Showing posts with label US PRESIDENTIAL ELECTIONS. Show all posts
Showing posts with label US PRESIDENTIAL ELECTIONS. Show all posts

Tuesday, 20 December 2016

Donald Trump wins more than 270 Electoral College votes to formally become president-elect

An effort by anti-Trump forces to persuade Republican electors to abandon the president-elect came to practically nothing

Donald Trump wins more than 270 Electoral College votes to formally become president-elect.jpgus_970x60
There were many protesters but few faithless electors as Donald Trump won the Electoral College vote ensuring he will become America's 45th president.
An effort by anti-Trump forces to persuade Republican electors to abandon the president-elect came to practically nothing and the process unfolded largely according to its traditions.
Trump's polarising victory November 8 and the fact Democrat Hillary Clinton had won the national popular vote had stirred an intense lobbying effort, but to no avail.
us_970x60.jpg
Even one of Trump's fiercest Republican rivals, Ohio Governor John Kasich, said it was time to get behind the president-elect.
"We want unity, we want love," Kasich said as Ohio's electors voted to back Trump at a statehouse ceremony. Kasich refused to endorse or even vote for Trump in the election.
With Hawaii still to vote, Trump had 304 votes and Clinton had 224. It takes 270 Electoral College votes to win the presidency. Texas put Trump over the top, despite two Republican electors casting protest votes.

Wednesday, 23 November 2016

Has the US Presidential election cast a shadow on Black Friday 2016?

1479405690-2254.jpg
As US President-elect Donald Trump gears up to take office from the 44th and current President of the United States, pundits are having a field day trying to estimate the impact that will likely have on the US citizens. Among the immediate concerns is the impact the election result will have on the holiday spending, especially Black Friday on November 25, 2016. 
READ OUR FULL COVERAGE ON THE US PRESIDENTIAL ELECTION
While some are ambivalent about it, most media reports have indicated that Black Friday might not see as spectacular spending as expected. According to a news article, this year, Veterans Day - the first peak of several peak spending days during the holiday season – failed to kick off holiday spending. It was reported that the sales we

Has the US Presidential election cast a shadow on Black Friday 2016?

re $380 million lower than expected, at $1.16 billion. Quoting Adobe Digital Insights, the report indicated that the sales registered a measly 1% growth over a year earlier, against the predicted growth of 16%


Black Friday in India!

Tuesday, 22 November 2016

Donald Trump is 'just the president', says defiant fugitive Snowden

1479784919-7392.jpg
Former US National Security Agency contractor Edward Snowden on Monday downplayed the importance of president-elect Donald Trump and again defended his decision to leak documents showing massive surveillance of US citizens' communications.

"Donald Trump is just the president. It's an important position. But it's one of many," Snowden told an internet conference in Stockholm, speaking via a video link from Russia, where he has been living as a fugitive.

The 33-year-old is wanted in the United States to face trial on charges brought under the tough Espionage Act after he leaked thousands of classified documents in 2013 revealing the vast US surveillance of private data put in place after the September 11, 2001 attacks.

He said he was not worried about the Trump administration stepping up efforts to arrest him and stood by his decision to leak the classified material.

"I don't care," he said. "The reality here is that yes, Donald Trump has appointed a new director of the Central Intelligence Agency who uses me as a specific example to say that, look, dissidents should be put to death.

Monday, 21 November 2016

Has the US Presidential election cast a shadow on Black Friday 2016?

1479405690-2254.jpg
As US President-elect Donald Trump gears up to take office from the 44th and current President of the United States, pundits are having a field day trying to estimate the impact that will likely have on the US citizens. Among the immediate concerns is the impact the election result will have on the holiday spending, especially Black Friday on November 25, 2016. 
READ OUR FULL COVERAGE ON THE PRESIDENTIAL ELECTION
While some are ambivalent about it, most media reports have indicated that Black Friday might not see as spectacular spending as expected. According to a news article, this year, Veterans Day - the first peak of several peak spending days during the holiday season – failed to kick off holiday spending. It was reported that the sales were $380 million lower than expected, at $1.16 billion. Quoting Adobe Digital Insights, the report indicated that the sales registered a measly 1% growth over a year earlier, against the predicted growth of 16%



Tuesday, 8 November 2016

US Elections 2016: Trump victory is negative for India, volatility will shoot up

459990_1434569550603.cached.jpg
Donald Trump victory in the US presidential election would be negative for all emerging markets, including India. It would create demand for safe-haven bets like gold and developed-world bonds. 

Currency market is bracing for volatility even if Hillary Clinton secures a win as Trump has not cleared the air on whether he would accept the election results should he lose in a close finish.

"Even if Clinton wins, Trump may continue to push her and stoke uncertainty. If Trump wins, everything will fall and volatility will shoot up. This is not a time to take risk," said Jamal Mecklai, chief executive of Mecklai Financial, a currency consultancy firm.  

Sensex, which has come off three per cent in the past fortnight, is likely to drop further as Trump's victory could see a Brexit-like knee-jerk reaction from investors, say analysts. US bond prices will rally as investors would dump emerging market bets and that would impact the Indian bonds. Similarly, dollar will strengthen on increased inflow in US assets. This may lead to a sharp depreciation of the rupee and other emerging market currencies. For now, local bonds and currencies markets are stable. 

Thursday, 3 November 2016

Millennials 'swipe right' for Hillary over Trump, says Tinder

1478091226-9546
The US Presidential Election is just a week away, and it looks like the world’s millennials have already picked their winner.

Tinder survey of users aged between 18 to 34 across 16 countries showed they matched with Hillary Clinton over Donald Trump, as they weighed in on issues like taxes, gun control, immigration, and education. That is, except in Russia, where 71% of users said they would vote for Trump – despite 76% of them matching with Clinton’s views on the issues.

The ‘Swipe the Vote’ poll surveyed users in the US, Argentina, Australia, Brazil, Canada, Chile, Colombia, France, Germany, India, Japan, Korea, Mexico, Russia, Spain, and the UK It went live on October 26.

Millennials swipe right for Hillary over Trump, says Tinder 57% of American users matched with Hillary Clinton and 43% matched with Donald Trump, based on the issues alone. 53% of people who polled in the United States said they plan to vote for Hillary Clinton, while 47% plan to vote for Donald Trump.

Thursday, 27 October 2016

5 factors that can impact markets in Samvat 2073

1447266756-5521
With a rise of around 9.5% since the beginning of Samvat 2072 till October 17, the markets have taken all developments in their stride.
Good monsoon that would boost income in the hands of rural India, keep inflation under check, nudge the Reserve Bank of India (RBI) to lower interest rates and induce spending; and the excess cash in the hands of government employees on the back of 7th Pay Commission recommendation implementation and the passage of the goods and services tax (GST) bill were some of the factors that aided sentiment.
Related Story:  I foresee China as the next big bull bet: Shankar Sharma
With a gain of around 48% from the beginning of Samvat 2072 till October 20, the S&P BSE Metal index was the top sectoral gainer, followed by oil & gas, consumer discretionary, auto, realty and banking indices that moved up around 16% - 38% during this period. S&P BSE Telecom, information technology (IT) and healthcare indices were along the key losers that slipped 1% - 11%.
 

Tuesday, 18 October 2016

Does Donald Trump resemble Hitler?

donald_trump_flag.jpg
Adolf Hitler is not the German that comes to mind when I think of Donald Trump.  Trump has been accused of demagoguery, and there are those who observe that he has amply displayed his flair for tapping into prejudices, particularly racial, in a way reminiscent to the Nazi dictator. However, if his outbursts in the past week are anything to go by, he resembles less the nightmare fuel that was Hitler and more the desperation of two other German military men — Paul von Hindenburg and Erich Ludendorff — and what would come to be known as the Dolchstoßlegende.
Going by the polls, things are not looking good for the Donald. He might have begun to realise that the wider electorate does not see things his way. And with the possibility of defeat, Trump has been repeating his allegation that the election is rigged, ad nauseam, in tweet after tweet and in speech after speech. However, while his ire towards what he describes as the "dishonest" media, and his lack of regard for Republican leaders Paul Ryan and John McCain, are not news to anyone who is following the elections, his outbursts against both the media and the other leaders have increased in their pitch.
After the second presidential debate last Sunday, Trump took to Twitter to vent his ire. "It is so nice that the shackles have been taken off me and I can now fight for America the way I want to," he wrote. The tweet was followed by: "With the exception of cheating Bernie out of the nom (nomination) the Dems (Democrats) have always proven to be far more loyal to each other than the Republicans!" Not stopping there, he added: "Disloyal R's (Republicans) are far more difficult than Crooked Hillary. They come at you from all sides. They don’t know how to win – I will teach them!"

Tuesday, 27 September 2016

US presidential debate: Poll says 62% viewers think Clinton won, only 27% say Trump did better

1474954374-1404.jpg
 Democrat Hillary Clinton and Republican Donald Trump took to the stage on Monday to begin their first-ever presidential debate and immediately sparred over jobs, taxes, the Islamic State (IS), guns and the former secretary of state's undisclosed emails, media reports said.

According to the latest CNN Poll of Polls, released on Monday, Clinton and Trump are neck-and-neck, at 44 per cent to 42 per cent, respectively.
Moderator Leslie Holt of NBC News opened the 90-minute debate at Hofstra University, Long Island, New York, with the first topic being "Achieving Prosperity", where the first question about putting money back into Americans' pockets and creating jobs was directed to Clinton, CNN reported.

Clinton, the first woman to represent a major US party in the presidential race, mentioned her granddaughter's birthday, and talked about everything from gender pay gaps, to paid family leave, to presidential temperament.

She started her speech by defending the idea of creating "an economy for all" and stressed that she intends to do so "by having the wealthy pay their fair share", EFE news reported.

"I also want to see more companies do profit sharing. If you help create the profits, you should be able to share in them, not just the executives at the top," she said, and stressed that "the central question in this election is really what kind of country we want to be in".

Clinton insisted she would work to achieve equal pay between men and women, paid paternity leave and debt-free college.

Clinton accused her rival for being one of the real estate tycoons who benefited from the economic crisis that hit the country in 2008.

Trump conceded the point saying, "It's called business."


Clinton and Trump are neck-and-neck, at 44 per cent to 42 per cent, respectively.

On prosperity, taxes and jobs
On Trump's business practices
On Trump's tax returns and Clinton's emails
On the Islamic State
On police shootings
On gun control

On the 'birther' issue

On supporting the result of the elections 

Clinton said, "Sometimes you win, sometimes you lose, but I certainly will support the outcome of this election."

Trump pointed that he would "... want to make America great again. We are a nation that is seriously troubled... If she wins, I will absolutely support it."
The debate is divided into 6 segments with 15 minutes given to each nominee. Two minutes will be allotted to answer a question asked by the moderator, two minutes to reply and the remaining time for the nominees to debate.

This is the 20th US presidential debate and is being organised by the Read full Story