Follow the latest news on the US midterm elections 2022
Control of the US Congress remained uncertain on Wednesday morning, as Democrats won several key races, apparently holding back a so-called red wave of widespread Republican victories.
The biggest victory for Democrats on Tuesday night came in Pennsylvania, where Lieutenant Governor John Fetterman defeated Republican candidate Mehmet Oz. Mr Fetterman's win was a significant pickup for the Democratic Party, as the seat was previously in Republican hands.
“I’m so humbled,” Mr Fetterman, who suffered a stroke earlier this year, told his supporters on Wednesday morning.
“This campaign has always been about fighting for everyone who’s ever been knocked down that ever got back up.”
President Joe Biden sent a congratulatory text to Mr Fetterman after the race was called, the White House said.
With the Senate split 50-50 heading into the midterms, winning the Pennsylvania seat was crucial for Democrats' chances of retaining power in the upper chamber of Congress. Thirty-five of the 100 seats in the chamber were up for grabs.
Democrats also held on to a crucial Senate seat in New Hampshire, though Hillbilly Elegy author JD Vance won the Ohio Senate seat for Republicans.
As of Wednesday morning, Democrats were in control of 48 seats in the Senate compared to Republicans' 47. Senate results are still pending in five states.
Races in Wisconsin, Nevada, Arizona and Georgia were still too early to call.
Democrats and Republicans in tight race to control the House
Democrats also showed surprising strength in races for the House of Representatives across the country, rebuffing predictions that a “red wave” of conservative voters would sweep Republicans to power in the lower chamber.
Republicans need a net gain of five seats to win control of the 435-member House of Representatives.
House Minority Leader Kevin McCarthy, expected to become the next House speaker if Republicans win control, was optimistic that his party would win.
“When you wake up tomorrow, we will be in the majority,” he told supporters during a watch party in Washington.
Meanwhile, House Speaker Nancy Pelosi noted that her Democratic colleagues were performing better than expected.
“While many races remain too close to call, it is clear that House Democratic members and candidates are strongly outperforming expectations across the country,” she said in a statement.
Democrats Abigail Spanberger and Jennifer Wexton fought off Republican challenges in their respective districts in Virginia.
As of Wednesday morning, Republicans were in control of 197 seats in the House versus the Democrats' 172. Results are still pending in 66 districts.
A party must hold at least 218 seats to win power in the House of Representatives.
With the fate of Congress still uncertain, so, too, is Mr Biden's agenda. A Republican-controlled Congress would deal a significant setback to Mr Biden in his final two years in office as they could block judicial appointments, establish investigatory committees and obstruct pieces of legislation.
A Republican rout in Florida
While results were mixed elsewhere, Republican candidates claimed major victories in the US state of Florida, offering further evidence that the state is becoming increasingly conservative.
Marco Rubio handily defeated Democrat Val Demings to retain his seat in the Senate.
And Governor Ron DeSantis, who narrowly won the governorship four years ago, secured a landslide victory in his re-election bid against Democratic challenger Charlie Crist.
“We fight the woke in the legislature,” he said in his victory speech, referring to progressive Democrats' focus on social justice. “We fight the woke in the schools. We fight the woke in the corporations. We will never, ever surrender to the woke mob. Florida is where woke goes to die.”
Mr DeSantis is seen as a potential challenger to former president Donald Trump for the 2024 presidential nomination. Mr Trump on Tuesday encouraged Mr DeSantis not to run for the White House.
“I think he would be making a mistake, I think the base would not like it,” Fox News quoted Mr Trump on Monday as saying. “I don't think it would be good for the party.”
The Associated Press contributed to this report
Roll of honour 2019-2020
Dubai Rugby Sevens
Winners: Dubai Hurricanes
Runners up: Bahrain
West Asia Premiership
Winners: Bahrain
Runners up: UAE Premiership
UAE Premiership
Winners: Dubai Exiles
Runners up: Dubai Hurricanes
UAE Division One
Winners: Abu Dhabi Saracens
Runners up: Dubai Hurricanes II
UAE Division Two
Winners: Barrelhouse
Runners up: RAK Rugby
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Company%C2%A0profile
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UAE currency: the story behind the money in your pockets
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
Company%20profile
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Sukuk explained
Sukuk are Sharia-compliant financial certificates issued by governments, corporates and other entities. While as an asset class they resemble conventional bonds, there are some significant differences. As interest is prohibited under Sharia, sukuk must contain an underlying transaction, for example a leaseback agreement, and the income that is paid to investors is generated by the underlying asset. Investors must also be prepared to share in both the profits and losses of an enterprise. Nevertheless, sukuk are similar to conventional bonds in that they provide regular payments, and are considered less risky than equities. Most investors would not buy sukuk directly due to high minimum subscriptions, but invest via funds.
PROFILE OF INVYGO
Started: 2018
Founders: Eslam Hussein and Pulkit Ganjoo
Based: Dubai
Sector: Transport
Size: 9 employees
Investment: $1,275,000
Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri
Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
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Company profile
Company: Verity
Date started: May 2021
Founders: Kamal Al-Samarrai, Dina Shoman and Omar Al Sharif
Based: Dubai
Sector: FinTech
Size: four team members
Stage: Intially bootstrapped but recently closed its first pre-seed round of $800,000
Investors: Wamda, VentureSouq, Beyond Capital and regional angel investors
Profile of Hala Insurance
Date Started: September 2018
Founders: Walid and Karim Dib
Based: Abu Dhabi
Employees: Nine
Amount raised: $1.2 million
Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
The Energy Research Centre
Founded 50 years ago as a nuclear research institute, scientists at the centre believed nuclear would be the “solution for everything”.
Although they still do, they discovered in 1955 that the Netherlands had a lot of natural gas. “We still had the idea that, by 2000, it would all be nuclear,” said Harm Jeeninga, director of business and programme development at the centre.
"In the 1990s, we found out about global warming so we focused on energy savings and tackling the greenhouse gas effect.”
The energy centre’s research focuses on biomass, energy efficiency, the environment, wind and solar, as well as energy engineering and socio-economic research.
European arms
Known EU weapons transfers to Ukraine since the war began: Germany 1,000 anti-tank weapons and 500 Stinger surface-to-air missiles. Luxembourg 100 NLAW anti-tank weapons, jeeps and 15 military tents as well as air transport capacity. Belgium 2,000 machine guns, 3,800 tons of fuel. Netherlands 200 Stinger missiles. Poland 100 mortars, 8 drones, Javelin anti-tank weapons, Grot assault rifles, munitions. Slovakia 12,000 pieces of artillery ammunition, 10 million litres of fuel, 2.4 million litres of aviation fuel and 2 Bozena de-mining systems. Estonia Javelin anti-tank weapons. Latvia Stinger surface to air missiles. Czech Republic machine guns, assault rifles, other light weapons and ammunition worth $8.57 million.