UpdateObama beats Romney to win second term as US president

07 November 2012 10:16  [Source: ICIS news]

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President Obama gives victory speechSINGAPORE (ICIS)--President Barack Obama has won a second term in the White House, defeating Republican challenger Mitt Romney.

Obama secured the 270 votes in the electoral college required to win the election.

In his victory speech. Obama congratulated Romney on “a hard-fought campaign”.

“I also look forward to sitting down with Governor Romney to talk about where we can work together to move this country forward,” he added.

Democrats kept their majority in the Senate, while Republicans remained in control of the House.

Obama secured 303 electoral votes against Romney’s 206, with Florida as of yet undecided, according to media reports.

A very strong turnout was reported on Tuesday with voters waiting two and three hours in key swing states to cast their ballots.

As voting began President Obama and Romney were almost evenly matched in nationwide polls, each showing 49% support among likely voters.

Voters were also deciding contests for all 435 seats in the US House of Representatives and about a third of the 100 Senate seats.

As many as 135m Americans were expected to vote, about 65% of the nation’s estimated 205m eligible voters.

Broadly speaking, US business interests, including most chemical and resins manufacturers, have urged a change of command in the White House, charging that Obama's policies have hurt domestic energy production and otherwise held back the economic recovery.

Joe Kamalick contributed to this article

By: Nurluqman Suratman

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