Trends - US Elections 2020 - Business Recorder

US Elections 2020

President Trump's legal team ramps up efforts to change the outcome of the election

On Thursday, President Trump and his campaign's legal team ramped up their efforts to achieve a drastic shift in the outcome of the Presidential Election, with attorney Rudi Giuliani leading the charge in Michigan.

Updated 20 Nov, 2020 05:28pm

World

Trump fires US election security official who rejected fraud claims

WASHINGTON: Donald Trump on Tuesday fired the US government’s top election security official, who had rejected the...

Published 19 Nov, 2020 02:55am

World

Senator McConnell reiterates that there will be an "orderly" transfer of power

On Tuesday, Senate Majority Leader Mitch McConnell being faced with questions pertaining to the government's transition process towards a Biden Administration, stated that a transfer of power will happen on time.

Updated 18 Nov, 2020 07:58pm

World

Michigan county Board of Canvassers unanimously certify election results

On Tuesday, the board of canvassers in Michigan's largest county voted to unanimously certify the election results after initially being deadlocked in a party-line vote.

Updated 18 Nov, 2020 03:46pm

World

US import prices unexpectedly fall in October

The Labor Department said on Tuesday import prices dipped 0.1% last month.
In the 12 months through October, import prices fell 1.0% after declining 1.4% in September.

Published 17 Nov, 2020 08:09pm

World

Former President Bush's recount team from 2000 Election concede that Trump has no path to win

The group of experts who led former President George W. Bush's legal efforts in the aftermath of the 2000 Presidential Election, state that President Trump has "no chance" of success in his own attempts to challenge the results of the election.

Updated 17 Nov, 2020 07:48pm

World

Biden could name top staff as Trump tries to block transition

Biden's senior campaign staff have been discussing their roles in the transition and the new administration.
The Republican Trump has remained angry and defiant on social media even as some prominent Republicans have asserted that Biden should be considered the president-elect.

Published 17 Nov, 2020 06:47pm

World

Georgia Secretary of State claims that Republicans have pressured him to toss legal ballots

On Monday, Georgia Secretary of State Brad Raffensperger stated that Republican leaders such as Senator Lindsey Graham have been pressurising him to exclude legal ballots in order for President Trump to be declared the winner from the state, and nab 16 electoral votes in the process.

Updated 17 Nov, 2020 06:18pm

World

Biden turns focus to US economy as Trump vows more legal challenges to election

Biden to address economy in Wilmington at 1:45 pm EST/1845 GMT.
Advisers to meet vaccine makers this week as transition advances.
Trump promises "big cases" showing election was unconstitutional.
Trump campaign drops major part of Pennsylvania vote lawsuit.

Published 16 Nov, 2020 05:29pm

World

Trump supporters flock to Washington, as violence erupts

Thousands of Trump supporters held a rally in Washington on Saturday, protesting the results of the Presidential Election; the aftermath of which was aggravated by false claims of voter fraud.

Published 16 Nov, 2020 12:43pm

World

President-elect Biden's transition delay could be damaging for U.S. national security, according to John Kelly

In the midst of a heated Presidential Election, President Trump's interference and consistent disregard for the political process could be potentially damaging for U.S. national security, according to Trump's former Chief of Staff John Kelly.

Updated 14 Nov, 2020 10:17pm

World

Trump supporters head to the streets as he pushes false election claims

Trump has made little headway in the courts with his lawsuits and for the first time on Friday he began to sound doubtful about his prospects.
The pro-Trump demonstrations in Washington and other cities are scheduled to feature a mix of the president's backers,

Published 14 Nov, 2020 06:30pm

World

President-elect Biden considers Angus King for leading intelligence role

President-elect Joe Biden, while being repeatedly held back from initiating a formal government transition, has been making efforts to fill essential cabinet positions - reportedly considering Angus King to serve as Director of National Intelligence in his new administration.

Updated 14 Nov, 2020 06:20pm

World

Biden solidifies U.S. election win, Trump says 'time will tell' if he stays in power

Edison Research, which made the Georgia call, also projected that North Carolina, the only other battleground state with an outstanding vote count, would go to Trump, finalizing the electoral vote tally at 306 for Biden to 232 for Trump.

Published 14 Nov, 2020 01:26pm

China sends 'congratulations' to Biden on election win

BEIJING: China congratulated US President-elect Joe Biden on Friday nearly a week after he was declared winner of ...

Updated 14 Nov, 2020 03:13am

US election officials say 'no evidence' of compromised votes

WASHINGTON: There is no evidence of compromised ballots or corrupt voting systems in the US election, officials said...

Published 14 Nov, 2020 02:52am

World

Electoral Misinformation has pushed American Democracy to its brink - again

In the aftermath of a divisive Presidential Election, an unprecedented torrent of misinformation has flooded the internet, specifically based on unfounded allegations of electoral fraud - pushing the American democratic system to the brink.

Published 13 Nov, 2020 08:46pm

World

Biden cements victory by winning Arizona, but Trump still refuses to concede

Biden was projected to win Arizona after more than a week of vote counting from the Nov. 3 election, Edison Research said.
Biden had already cleared the 270 vote threshold to win the election, setting him on course to be sworn in on Jan. 20.

Published 13 Nov, 2020 06:18pm

World

President Trump could damage the fabric of democracy in the U.S., according to experts

According to experts, President Trump's unrepentant efforts to overturn the outcome of the 2020 Election could potentially damage the fabric of the nation's democracy and set a dangerous political precedent, even if the strategy is unlikely to succeed.

Updated 13 Nov, 2020 05:13pm

World

Major Pentagon shuffling continues, as Trump Administration refuses to budge

Chairman of the Joint Chiefs of Staff Gen. Mark Milley, amidst sweeping changes in the national security sphere by the Trump Administration, stated at an event on Wednesday that his allegiance does not lie with a President or a tyrant, but solely with the constitution.

Updated 13 Nov, 2020 02:49pm

World

State Department Blocking Access to Correspondence from Foreign Leaders for the President-elect

The U.S. State Department has been preventing President-elect Joe Biden from accessing messages from foreign leaders, highlighting the Trump Administration's blatant unwillingness to facilitate the transition process.

Updated 13 Nov, 2020 01:47pm

World

Biden names chief of staff

WASHINGTON: US President-elect Joe Biden pressed ahead with his transition Wednesday despite Donald Trump’s ...

Published 13 Nov, 2020 02:57am

World

Pope congratulates Joe Biden

WASHINGTON: Pope Francis spoke with Joe Biden by telephone Thursday to offer “blessings and congratulations” to...

Published 13 Nov, 2020 02:57am

Markets

As Trump refuses to concede, some bettors hold out too

Trump still has a 10% chance of remaining in the White House for a second term, according to Betfair.
All major U.S news organizations have called the Nov. 3 election for Biden based on preliminary voting tallies.

Published 12 Nov, 2020 05:44pm

World

President Trump eyes digital media empire to challenge Fox News

President Trump has reportedly revealed privately that he wants to start a digital media company to "clobber" Fox News, and undermine the country's largest conservative oriented media network.

Updated 12 Nov, 2020 06:08pm

World

President-elect Biden appoints longtime adviser as Chief of Staff

President-elect Joe Biden named his longtime adviser Ron Klain as the White House Chief of Staff, as his first major appointment in building his administration; regardless of whether President Trump formally concedes.

Updated 12 Nov, 2020 01:27pm

World

Trump and Biden attend separate Veterans Day events

WASHINGTON: President Donald Trump and President-elect Joe Biden attended separate Veterans Day events Wednesday in ...

Published 12 Nov, 2020 02:50am

World

Nearly 80% of Americans say Biden won White House, ignoring Trump's refusal to concede: Reuters/Ipsos poll

Biden - who needed 270 Electoral College votes to win - had 279 of those votes to 214 for Trump with results in three states not yet complete, according to Edison Research. In the popular vote, Biden got 76.3 million, or 50.7% of the total, to 71.6 million, or 47.6%, for Trump.

Published 11 Nov, 2020 06:49pm

World

Historic U.S. Presidential race boost preparations for the U.N Summit on Climate Change

With President-elect Joe Biden slated to formally take up office in the White House in the year ahead, the upcoming U.N. Summit on Climate Change may have been given a boost by this change of administration, as the United States could be expected to find themselves back in the fold of the Paris Agreement.

Published 11 Nov, 2020 04:58pm

World

President Trump could potentially land a $100 million book deal

According to sources familiar with President Trump, he is being "bombarded with book and TV deals" that could be worth a staggering $100 million, after his tumultuous term in office.

Published 11 Nov, 2020 11:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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US Elections 2020

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