Election 2012

For Russia 2012 was a turbulent year. Presidential votes and a re-launched opposition movement drew thousands of protesters and counter-protesters - not to mention Pussy Riot’s cathedral performance splitting the public even further.

Prime Minister Dmitry Medvedev has congratulated US President Barack Obama on his re-election victory, while expressing relief that Moscow will not have to deal with the Republican challenger.

Anticipation surrounding the US Presidential elections and a leadership change in China pushed global stocks higher Tuesday. A decision by Greek Parliament on another austerity package will be another focal point for investors Wednesday.

Barack Obama has been elected to a second term as President of the United States. Republican candidate Mitt Romney has conceded the race, and wished Obama a successful term in his concession speech.

A third-party candidate won’t win the 2012 presidential race, but the huge number of politically inactive voters in the US could dramatically change future elections, New York-based anti-war activist and journalist Don De Bar told RT.

Mitt Romney has painted Russia as America’s sworn enemy. Such rhetoric may lead to an explosion in military spending on both sides if the Republican wins in November presidential elections.