9 November 2016

It's Trump! Stunning outsider victory for 45th president

President-elect Donald Trump smiles as he arrives to speak at an election night rally, Wednesday, Nov. 9, 2016, in New York.
Donald Trump claimed his place Wednesday as America's 45th president, an astonishing victory for the celebrity businessman and political novice who capitalized on voters' economic anxieties, took advantage of racial tensions and overcame a string of sexual assault allegations on his way to the White House.
Trump's triumph over Hillary Clinton, not declared until well after midnight, will end eight years of Democratic dominance of the White House. He'll govern with Congress fully under Republican control and lead a country deeply divided by his rancorous campaign against Clinton. He faces fractures within his own party, too, given the numerous Republicans who either tepidly supported his nomination or never backed him at all.

India scraps high currency notes overnight to fight graft

Indians crowd a gas station, one of the few places still accepting the high denomination 1000 and 500 currency notes, in New Delhi, India, Tuesday, Nov. 8, 2016. India's highest-denomination currency notes are being withdrawn immediately from circulation, the country's prime minister said Tuesday night, a surprise announcement designed to fight corruption and target people who have stashed away immense amounts of cash. As of midnight Tuesday, 500- and 1,000-rupee notes, worth about $7.50 and $15, will have no cash value, Prime Minister Narendra Modi said in a televised address.
India scrapped its highest-denomination currency notes overnight, delivering a blow to black-market money launderers but plunging hundreds of millions of common citizens holding cash savings into fear and uncertainty.
Within hours of Prime Minister Narendra Modi announcing the surprise move in a televised address, people thronged to ATMs, standing in long lines in hopes of grabbing bills that might still be in circulation on Wednesday.