NEW YORK, Nov 9, (APP/AFP) – Donald Trump stunned America and the world Wednesday, riding a wave of populist resentment to defeat Hillary Clinton in the race to become the 45th president of the United States. The Republican mogul defeated his Democratic rival, plunging global markets into turmoil and casting the long-standing global political order, […]
International News
Donald Trump wins US presidency in stunning upset
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Russian markets avoid Trump slump on sanctions easing hope
MOSCOW, Nov 9, (APP/AFP) – Russian markets largely resisted a global tumble Wednesday as Donald Trump emerged as the surprise winner in the US presidential election, bolstered by hopes he may ease biting Western sanctions against Moscow. The dollar-denominated RTS index was down 0.6 percent at 0800 GMT, while ruble-denominated Micex dipped by 0.4 percent. […]
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Republicans maintain grip on power in US Congress
WASHINGTON, Nov 9, (APP/AFP) – Republicans thwarted Democratic efforts to retake Congress in Tuesday’s historic US election, using a show of conservative force to maintain control of the Senate and House of Representatives. Riding the coattails of populist Republican nominee Donald Trump, who proved no drag on fellow conservatives as he steamrolled to White House […]
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Japan’s Abe congratulates Trump, calls nations ‘unshakeable allies’
TOKYO, Nov 9, (Millat/APP/AFP) – Japanese Prime Minister Shinzo Abe congratulated Donald Trump on Wednesday on his election as US president and vowed that the countries will maintain their close relationship. “I express my heartfelt congratulations on your election as the next president of the United States,” Abe said in a statement. “Japan and the […]
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Investors snap up safe-haven German government bonds on prospect of Trump win
PARIS, Nov 9, (Millat/APP/AFP) – Returns on German government bonds, seen as a safe haven during market turbulence, fell sharply on Wednesday as investors rushed to purchase the assets. The yield, or the return on investment to investors, on 10-year Bunds fell to 0.098 percent in early trading, compared to 0.188 percent at the close […]
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Markets, dollar plunge as Trump inches closer to win
HONG KONG, Nov 9, (Millat/APP/AFP) – Share markets collapsed Wednesday and the dollar tumbled against the yen and the euro as Donald Trump looked on course to win the White House, in a stunning upset with major implications for the world economy. The Mexican peso also fell to a record low as safe haven assets […]