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    US MIDTERMS IMPACT ON INDIA

    From Iran to trade, how the US midterms impact the rest of the world

    US Democrats' recent midterm election victories could influence global relations, especially concerning Iran and Israel. The potential for a peace deal with Iran seems viable as US voters oppose prolonged conflicts. In Ukraine, Democrats may propose increased financial and military aid, which could face delays. Additionally, Asian countries may reconsider investment pledges to avoid tariffs in light of these outcomes.

    Meet Xavier Becerra, who becomes California's first Latino governor in over a century, defeats Trump-backed Steve Hilton; know about his political journey and what lies ahead

    Xavier Becerra was born in Sacramento, California. His father was born in Sacramento and raised in Mexico, while his mother was born in Mexico. He attended Stanford University, where he earned an undergraduate degree and later a law degree. His political journey started in California. In 1992, he was elected to the US House of Representatives.

    US midterm elections 2026 explained: What are they, who is running and what's at stake for Trump

    Midterm elections 2026: The US midterm elections on November 3, 2026, will determine who controls Congress for the rest of Donald Trump's term. With all 435 House seats and 35 Senate seats up for election, the results could reshape the balance of power in Washington and influence the president's legislative agenda.

    US midterm election results: What Trump & Republicans' loss means for India

    US midterms result: Indian industry and economy watchers were keenly looking at the polls to try and find out what direction US policy will take. In recent months, India's trade/export fortunes have swayed in lockstep with Trump's tantrums, making policymakers jittery over any new development in the US.

    The Indian stock market has surged, with both Sensex and Nifty climbing to their highest points in two months. As investors keep a keen eye on outcomes from the US midterm elections, which could influence international exchanges, major sectors such as Realty and FMCG have thrived. There's a marked increase in buying from foreign institutional investors, suggesting renewed confidence in large-cap stocks.

    How are global stock markets reacting to the US midterm election results?

    Following the midterm elections where Democrats took control of both Congressional chambers, global stock markets felt the impact. Initial hesitation in European stocks soon gave way to strength, driven by financial sector gains. Precious metals experienced a notable uptick, but defense stocks reeled from concerns over military expenditures. In Asia, markets showed volatility, underscoring investors' adaptative strategies to the altering political scenario.

    The Economic Times
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