Wednesday, November 7, 2012

Barack Obama re-elected as President - More challenges in second term

Today, 51 year old, President Barack Obama handily defeated the 65 year old former Massachusetts governor Mitt Romney and won himself a second term in the White House. Obama's first term was dominated by the global economic crisis as the US and Europe struggled to recover from a debt crisis and a devastating recession.

Obama told supporters in Chicago, we have picked ourselves up, we have fought our way back and that for America, the best is yet to come.

Indian Finance Minister - P Chidambaram expressed the hope that economic ties with the U.S. would improve with the re-election of Barack Obama as the US President.

Read lot more in Rubber4U – 15th November 2012 issue

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