FT News Briefing What to expect on US election night
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Nov 5, 2024 James Politi, FT's Washington Bureau Chief, shares insights on what to expect as US election results are released, emphasizing market reactions and key battleground states. He discusses the uncertainty surrounding the election amidst legal battles. Anu Adeoye, FT's West Africa correspondent, highlights the rise of the Nigerian fintech company MoneyPoint as it achieves unicorn status, addressing the innovation in banking solutions tailored for a cash-centric economy and its potential impact across Africa.
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Election Outcome Uncertainty
- Seven battleground states will likely determine the US election outcome.
- The final result might not be known for several days.
Reasons for Delayed Election Results
- Close elections and delayed ballot processing contribute to drawn-out results.
- Mail-in ballots, particularly in states like Pennsylvania, cannot be processed until Election Day itself.
Early Indicators for Trump
- Watch Florida closely, as its early and fast counting can indicate Trump's performance.
- Observe results in Virginia, North Carolina, and Georgia as additional bellwethers.