Democrats and President Donald Trump held their final rallies on Sunday and Monday ahead of the US midterm elections, which take place on Tuesday, November 3, in the United States. Malay Mail, drawing on AFP reporting, covered the closing stretch of the campaign.
What is at stake
AFP reported that all eyes are on Tuesday's vote, with Democrats expecting to win at least partial control of Congress. That would impose political constraints on Trump for the first time in two years. The report said a loss of total Republican dominance would push the president into a lame-duck period beset by high inflation at home, a sputtering war against Iran and hostile Democratic investigations into his activities in Washington. One Democratic campaign rally on November 1 was held at a United Auto Workers hall in Cleveland, Ohio.
Markets are watching
Financial markets have been preparing for volatility. Susannah Streeter of Wealth Club said investors are bracing for turbulence around the election while they assess how much cash companies are burning on artificial intelligence. Analysts also noted that signals from Trump about talks with Iran may be tactical ahead of the vote.
Why Malaysians may care
US election outcomes can influence oil prices, the dollar and trade policy, all of which feed into Malaysia's ringgit, exports and fuel costs. Results will come in over the next day, and counts and calls can change as ballots are tallied, so readers should rely on official sources and established news agencies for final results rather than early projections.
Sources: Malay Mail (AFP) - Democrats, Trump hold final rallies before midterm elections | Malay Mail (AFP) - Oil prices sink on US-Iran war hope ahead of midterms
No comments:
Post a Comment