Donald Trump triumphs over Hilary Clinton in White House upset

November 9, 2016

Washington, Nov 9: Republican Donald Trump stunned the world on Tuesday by defeating heavily favored Hillary Clinton in the race for the White House, ending eight years of Democratic rule and sending the United States on a new, uncertain path.

Donald-Trump

A wealthy real-estate developer and former reality TV host, Trump rode a wave of anger toward Washington insiders to defeat Clinton, whose gold-plated establishment resume includes stints as a first lady, U.S. senator and secretary of state.

Worried a Trump victory could cause economic and global uncertainty, investors were in full flight from risky assets such as stocks. In overnight trading, S&P 500 index futures fell 5 percent to hit their so-called limit down levels, indicating they would not be permitted to trade any lower until regular U.S. stock market hours on Wednesday.

The Associated Press and Fox News projected that Trump had collected just enough of the 270 state-by-state electoral votes needed to win a four-year term that starts on Jan. 20, taking battleground states where presidential elections are traditionally decided.

CNN reported Clinton had called Trump to concede concede the election. A short time earlier, Clinton campaign chairman John Podesta told supporters at her election rally in New York to go home. "Several states are too close to call so we're not going to have anything more to say tonight," he said.

Victorious in a cliffhanger race that opinion polls had forecast was Clinton's to win, Trump won avid support among a core base of white non-college educated workers with his promise to be the "greatest jobs president that God ever created."

His win raises a host of questions for the United States at home and abroad. He campaigned on a pledge to take the country on a more isolationist, protectionist "America First" path. He has vowed to impose a 35 percent tariff on goods exported to the United States by U.S. companies that went abroad.

Both candidates, albeit Trump more than Clinton, had historically low popularity ratings in an election that many voters characterized as a choice between two unpleasant alternatives.

Trump, who at 70 will be the oldest first-term U.S. president, came out on top after a bitter and divisive campaign that focused largely on the character of the candidates and whether they could be trusted to serve as the country's 45th president.

The presidency will be his first elected office, and it remains to be seen how he will work with Congress. During the campaign Trump was the target of sharp disapproval, not just from Democrats but from many in his own party.

Television networks projected Republicans would retain control of the U.S. House of Representatives, where all 435 seats were up for grabs. In the U.S. Senate, the party also put up an unexpectedly tough fight to protect its majority in the U.S. Senate.

Trump entered the race 17 months ago and survived a series of seemingly crippling blows, many of them self-inflicted, including the emergence in October of a 2005 video in which he boasted about making unwanted sexual advances on women. He apologized but within days, several women emerged to say he had groped them, allegations he denied. He was judged the loser of all three presidential debates with Clinton.

Touts His Business Acumen

During the campaign, Trump said he would make America great again through the force of his personality, negotiating skill and business acumen. He proposed refusing entry to the United States of people from war-torn Middle Eastern countries, a modified version of an earlier proposed ban on Muslims.

His volatile nature and unorthodox proposals led to campaign feuds with a long list of people, including Muslims, the disabled, Republican U.S. Senator John McCain, Fox News anchor Megyn Kelly, the family of a slain Muslim-American soldier, a Miss Universe winner and a federal judge of Mexican heritage.

Throughout his campaign - and especially in his acceptance speech at the Republican National Convention in July - Trump described a dark America that had been knocked to its knees by China, Mexico, Russia and Islamic State. The American dream was dead, he said, smothered by malevolent business interests and corrupt politicians, and he alone could revive it.

He offered vague plans to win economic concessions from China, to build a wall on the southern U.S. border with Mexico to keep out undocumented immigrants and to pay for it with tax money sent home by migrants.

The Mexican peso plunged to its lowest-ever levels. The peso had become a touchstone for sentiment on the election as Trump threatened to rip up a free trade agreement with Mexico.

His triumph was a rebuke to President Barack Obama, a Democrat who spent weeks flying around the country to campaign against him. Obama will hand over the office to Trump after serving the maximum eight years allowed by law.

Trump promises to push Congress to repeal Obama's troubled healthcare plan and to reverse his Clean Power Plan. He plans to create jobs by relying on U.S. fossil fuels such as oil and gas.

Clinton's Failed Second Bid

Trump's victory marked a frustrating end to the presidential aspirations of Clinton, 69, who for the second time failed in her drive to be elected the first woman U.S. president.

In a posting on Twitter, Clinton acknowledged a battle that was unexpectedly tight given her edge in opinion polls going into Election Day. "This team has so much to be proud of. Whatever happens tonight, thank you for everything," she tweeted.

The wife of former President Bill Clinton and herself a former U.S. senator, she held a steady lead in many opinion polls for months. Voters perceived in her a cautious and calculating candidate and an inability to personally connect with them.

Even though the FBI found no grounds for criminal charges after a probe into her use of a private email server rather than a government system while she was secretary of state, the issue allowed critics to raise doubts about her integrity.

Hacked emails also showed a cozy relationship between her State Department and donors to her family's Clinton Foundation charity.

usresultgraph

Comments

abdul khadar
 - 
Thursday, 10 Nov 2016

What a tragedy?

Hilary is Looser with 48% votes
Trump is winner with 47% votes

Modi is winner with less than 35% votes (more than 65% against)

What a great Democracy?

myb
 - 
Wednesday, 9 Nov 2016

@Bopanna/ Bernardo
You are trying to lie hundred times to prove one wrong which is nothing new for muslims. There are many such websites engage in defaming Islam which did nothing harm to Islam instead more people embracing across the world. Islam is

analyst
 - 
Wednesday, 9 Nov 2016

I think CD should either ignore the comments consist of religion sentiments or forward the emal ID to the concern heads of that respective country.

Sameer
 - 
Wednesday, 9 Nov 2016

Bopu is not in KSA.. he has a dream to visit KSA thats it guys. So he always mentioning KSA.. Bhakt log India se bahar jakey kya karengey? Hawan kya? Bhakt log tho fake hey tho fake hi naam likhengey na.. :D

Althaf
 - 
Wednesday, 9 Nov 2016

Oye Bopanna KSA
If child molesters are from desert then they might molest you also. Dont you have shame to work in desert?? Remember you are feeding your family from the wealth which is earned from the same desert where you work. Really shame on creatures like you.

Abu Muhammad
 - 
Wednesday, 9 Nov 2016

Trump long back declared that he has been a friend & ally of adulterous and fatherless religion of scums who worship human private parts. This day no female child is safe in their homes as the nation of drunkards celebrate victory, for them women are just for sex, use n throw

Sahil
 - 
Wednesday, 9 Nov 2016

Bopu.. and you forgot to write.. from the desert where you are earning ur bread and butter. Bhakts will have 1 peg extra today and will try to molest their own family members. Llol

aharkul
 - 
Wednesday, 9 Nov 2016

Congratulation Mr. Trump. Keep it up. Bring whole world into control and vanish terrorism all over the world. Keep smiling. God bless you..

A.Mangalore
 - 
Wednesday, 9 Nov 2016

Another 9/11 hit US

Pamela
 - 
Wednesday, 9 Nov 2016

I had this victory predicted two weeks ago under comment's column in CD

Rikaz
 - 
Wednesday, 9 Nov 2016

Congratulations Mr. Trump!

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 4,2020

Feb 4: Americans on Monday kicked off the first vote of the 2020 presidential race as the midwestern state of Iowa began its caucuses, the closely-watched first step in deciding which Democrat will face incumbent Donald Trump in November's election.

The two frontrunners, left-wing Senator Bernie Sanders and former Vice President Joe Biden face a key test in the sparsely populated state, with a handful of others looking to make their mark to give their campaigns momentum.

The Iowa vote is a critical early look at the viability of the 11 Democratic candidates still in the race - even though just 41 Iowa delegates are up for grabs, a fraction of the 1,991 needed to secure the party nomination in July.

Iowa Democrats filed into nearly 1,700 caucus sites - schools, libraries, churches, mosques and meeting halls with Sanders and Biden in the lead in the state, followed by former South Bend, Indiana mayor Pete Buttigieg and Senator Elizabeth Warren, who is also on the left of the party.

But polling has fluctuated and Iowa's quirky caucus system - where voting is not by secret ballot but by public declaration for a candidate - makes the night hard to predict.

Luke Elzinga, a volunteer for Sanders, appeared early at Lincoln High School in Des Moines which was converted into a caucus location.

"I think he really inspires a lot of young people, a lot of disaffected voters who might not otherwise turn out," Elzinga, 28, told AFP news agency shortly before the caucusing began.

"And so I think he's the best candidate to beat Trump."

Three candidates - Sanders, Warren and Amy Klobuchar - have faced the unprecedented scenario of spending much of the past two weeks tethered to Washington for the impeachment trial of Trump instead of on the campaign trail in Iowa.

Even as candidates sought to make 11th-hour impressions on undecided voters, the senators were obligated to return to Washington for the trial's closing arguments on Monday.

Defeating Trump

In a vote scheduled for Wednesday, Trump is almost certain to be acquitted by the Republican-led upper house on charges of abuse of power and obstruction of Congress.

For Democrats, second-tier hopefuls Klobuchar and tech entrepreneur Andrew Yang look to outpace expectations and seize momentum heading into the next contest in New Hampshire on February 11.

Earlier on Monday Biden - who still holds the lead in national polls - brought pizza to a field office in a strip mall near Des Moines to thank volunteers.

"I'm feeling good about today," he said.

Like many candidates, Biden spent the weekend crisscrossing Iowa in a final push to convince undecided voters he is best placed to accomplish Democrats' number one goal: defeating Trump.

The president has not stood idly by. On Sunday he branded Biden "Sleepy Joe" and described Sanders as "a communist," previewing a likely line of attack were Sanders to win the nomination.

Unlike secret ballot voting, caucus-goers publicly declare their presidential choice by standing together with other supporters of a candidate.

Candidates who reach 15 percent support earn delegates for the nomination race while supporters of candidates who fall short can shift their allegiance to others.

Turnout is critical, and candidates and their representatives will seek to persuade voters on issues including healthcare, taxes and ending Washington corruption.

One key candidate who has opted not to contest in Iowa is billionaire businessman Michael Bloomberg, who entered the race in November but has surged into fourth place in RealClearPolitics' national polling average.

The former New York mayor, who has spent more than $300m on advertising, according to Advertising Analytics, is focused on running a national campaign with particular emphasis on states that vote on "Super Tuesday," on March 3.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
July 17,2020

Washington, Jul 17: US President Donald Trump's economic adviser Larry Kudlow has said that TikTok may cut off ties to its Chinese parent and become a 100 per cent American company to circumvent demands to ban it as India has done.

"I think TikTok is going to pull out of the holding company which is China-run and operate as an independent American company," he told reporters at the White House on Thursday.

The US has not made a final decision on whether to ban it - which has been suggested by Secretary of State Mike Pompeo, he said.

TikTok being divested by ByteDance Technology Company "is a much better solution than banning or pushing away", said Kudlow, who is the Director of the National Economic Council.

He said that its services will be located in the US and "it will become an hundred per cent American company".

If it becomes a US company without Chinese links, India may have to reconsider the ban on the short video app wildly popular in the country.

India banned TikTok along with 58 other Chinese apps on June 29 citing threats to its defence and national security.

The ban came after a deadly clash between Indian and Chinese troops along the Line of Actual Control in Ladakh.

Under Beijing's National Security Law, all Chinese companies have to provide intelligence requested by the government, creating risks for users and their countries.

India was TikTok's biggest market outside of China, where it operates as Douyin.

There were about 200 million users in India and over 300 million downloads.

The US comes next with over 30 million users for the app.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 25,2020

Jun 25: Tencent Holdings Ltd.'s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshuffled the ranking of China's richest people.

The country's largest game developer has surpassed Alibaba Group Holding Ltd. as Asia's most-valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo, a Groupon-like shopping app also known as PDD, has more than doubled this year.

The rallies have propelled the wealth of their founders, with an added twist: Tencent's Pony Ma, worth $50 billion, has surpassed Jack Ma's $48 billion fortune, becoming China's richest person. And Colin Huang of PDD, whose net worth stands at $43 billion, has squeezed real estate mogul Hui Ka Yan of China Evergrande Group out of the top three earlier this year, according to the Bloomberg Billionaires Index.

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies. Now tech tycoons are dominating the ranks of China's richest people. They occupy four of the top five spots: Ding Lei of Tencent peer NetEase Inc. follows China Evergrande's Hui.

‘Perform Strongly'

Tencent has come a long way since hitting a low in 2018, when China froze the approval process for new games. Since then, the stock has almost doubled, and last month the tech giant reported a 26 per cent jump in first-quarter revenue.

“Tencent's online games segment will probably perform strongly through the Covid-19 pandemic, and most of its other businesses are relatively unscathed,” said Vey-Sern Ling, a Bloomberg Intelligence analyst.

That has been a boon for Pony Ma, 48, who owns a 7 per cent stake in the company and pocketed about $757 million from selling some 14.6 million of his Tencent shares this year, data complied by Bloomberg show.

The native of China's southern Guangdong province studied computer science at Shenzhen University and was a software developer at a supplier of telecom services and products before co-founding Tencent with four others in the late 1990s. At the time, the company focused on instant-messaging services.

It has been a long comeback for Pony Ma. He overtook real estate tycoon Wang Jianlin as China's second-richest person in 2013 and topped Baidu Inc.'s Robin Li as the wealthiest in early 2014. Later that year, Alibaba went public in the U.S., catapulting Jack Ma's fortune.

Bloomberg Intelligence's Ling notes, however, that Tencent's jump this year has lagged behind some internet peers, especially those in e-commerce, games and online entertainment. Just consider: Tencent shares have climbed 31 per cent in 2020, while PDD's American depositary receipts have more than doubled. Alibaba, meanwhile, has advanced just 6.9 per cent.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.