Warsaw - American expatriates and Europeans stayed out late to watch the US presidential elections results come in on big TV screens, see Democratic candidate Barack Obama clinch the presidency and debate the historic election's impact on the world.

At a party in Warsaw, a crowd mostly supporting Obama cast votes in mock booths and argued politics as they headed for a long night lasting into Wednesday morning.

SBI Card would release a financial package for defaulting clients. SBI card is the joint venture company of State Bank of India and GE Money. SBI card intends to help those customers who have been good at repaying in the past, but have failed to repay following the turbulent global financial conditions. The company y would restructure its card-portfolio to check further defaults.

Washington - US voters took a sharp turn to the left in Tuesday's election, sending Barack Obama to the White House and strengthening Democratic control of Congress in a firm rejection of eight years of President George W Bush.

Americans embraced Obama's message of "change" and handed him victories in all regions, including in a few states that had been Republican strongholds, as Republican nominee John McCain was unable to distance himself from the current president.

The South Korean steel giant, Posco-India is committed to complete Posco's Orissa project, despite global financial crisis. The director of Posco-India project, Mr Sung said that the global slowdown would not affect the project and company would go for Rs 51,000 crore projects in Orissa. He also reviewed the work of the project in a meeting called by the chief secretary Mr Ajit Tripathy.

San Francisco - Voters in the US states of Michigan and Massachusetts on Tuesday approved medical marijuana initiatives, while those in South Dakota and Colorado rejected draconian limits on abortion, in a further sign of the triumph of centre-left politics in the 2008 election.

Voters in Massachusetts approved a measure to decriminalize the possession of small amounts of marijuana, making the offence punishable with a citation and a fine of 
100 dollars.

In Michigan voters approved the legalization of marijuana.

Mexico City - Mexican President Felipe Calderon expressed "enormous sorrow" over the death of his interior minister and close friend Juan Camilo Mourino in a plane crash late Tuesday in Mexico City.

With his voice breaking, Calderon recalled that Mourino had been his companion in politics for several years and that they dreamed together of "a new homeland."