In China, President Obama's re-election has been greeted with muted relief, as NPR's Louisa Lim reports from Beijing.
LOUISA LIM, BYLINE: As the vote closed in the U.S., ballots were still being cast in Beijing at a mock voting booth at the U.S. embassy's election party. For Chinese students like Lily Zhang and Zhang Weiwen, the novelty of voting was a heady experience.
LILY ZHANG: It was great. The first time I vote for the American president. That's very amazing and I'm very honored.
Israel is the United State's closest ally in the Middle East, and home to a large number of overseas American voters. Israelis have been debating which candidate, Barack Obama or Mitt Romney, would do more to ensure their country's security.
Originally published on Wed November 7, 2012 7:37 am
Once the news of President Obama's reelection spread, the congratulations started raining in.
NPR's Philip Reeves reports that one of the first messages came from British Prime Minister David Cameron.
"Above all congratulations to Barack Obama," Cameron said during a trip to Jordan. "I enjoy working with him, I think he is a very successful American president and I look forward to working with him in the future."
Correspondent Terri Schultz reports from Brussels that some leaders congratulated Obama through Twitter.
For weeks, months - make that years - the conventional wisdom has been that the presidential election would all come down to Ohio, and Ohio would be very close. Well, that was partially right. Ohio was very close, but as NPR's Tamara Keith reports, not as pivotal as predicted.
TAMARA KEITH, BYLINE: Jack Shumate(ph) flew into Ohio last Thursday from Dallas, Texas. He came here because this was the place where he felt he could really make a difference for his candidate, Mitt Romney.
NPR's business news starts with a dive on Wall Street. Just this minute, the Dow Jones Industrial Average is down about 317 points. It's considered the worst drop of the year, so far. We're a little bit before noon in New York City. What's going on? We're going to try to find out. We're joined now by DavidWessel, economics editor of The Wall Street Journal. And David, as best you can determine, what's driving the drop?
Five hundred thirty-eight electoral votes were up for grabs on Election Day. President Obama has won, so far, 303 of them, a comfortable majority. Mitt Romney has 206. Twenty-nine are still unaccounted for - the electoral votes of Florida. Too close to call there. Less than a percentage point divides the candidates. But down the ballot, Democrats did well. The party retained a Senate seat and picked up a few key congressional races as well. NPR's Debbie Elliott reports.
Originally published on Wed November 7, 2012 10:40 pm
For months, Americans have been watching the presidential political drama play out nightly on the news. Now, with President Obama's victory, that story is ending.
But for the economy, an action thriller is just beginning.
Congress has just weeks to jump to the rescue of an economy moving closer and closer to the so-called fiscal cliff. That phrase refers to a $600 billion cluster of automatic spending cuts and tax hikes — all coming together at year's end.