BIDEN WINS PRESIDENTIAL RACE

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On Saturday morning (7 November) USA 46th President of the United States posted this message to the world: “I am honored and humbled by the trust the American people have placed in me and in Vice President-elect Harris. In the face of unprecedented obstacles, a record number of Americans voted. Proving once again, that democracy beats deep in the heart of America. 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. We are the United States of America. And there’s nothing we can’t do, if we do it together.”It took several days to count the votes, but finally on Saturday most media confirmed Biden as winner in the 2020 presidential race. A victory in Biden’s native Pennsylvania placed the Democrat over the 270 electoral votes needed to secure the presidency. Across the country, Biden supporters poured into the streets to celebrate his victory and that of the Democratic party.In Europe, in the Caribbean, Canada and Latin America many governments aired a sigh of relief.A commentary published the Guardian noted: “Europe has many problems of its own, but set against the record of US regress over the last 20 years, our European story looks like triumphal progress. The same can be said for Australia, New Zealand or Canada. Still more dramatic has been China’s rise, facilitated by years of American strategic distraction.”While the votes counting continued day after day, “The yuan-dollar exchange rate swung wildly in the wake of the US presidential election, but ended on a 28-month high for the Chinese currency as Democratic candidate Joe Biden appeared to inch closer to victory.”‘USA Today’ looked ahead and stated: “Democrat Joe Biden’s victory in the presidential race will provide a boost to a U.S. economy battered by the COVID-19 pandemic as his bold spending plans and stauncher support for trade and immigration more than offset the drawbacks of new taxes and regulations, top economists say.”

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