KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
US Presidential Election: Vote counting enters final stage
WASHINGTON: In the US Presidential Election, counting of votes has entered into final stage with Democrat Candidate Joe Biden getting closer to victory.
According to Fox News, Joe Biden is leading the tally with 264 electoral votes and he requires six more votes to win the Presidential Elections. Incumbent President and Republican Candidate Donald Trump has so far secured 214 electoral college votes.
In the US election, Americans vote for candidates called electors in their state who are supporting the candidate they want to become president. This process is called the Electoral College.
The number of electors from each state is roughly in line with the size of its population. Each state gets as many electors as it has lawmakers in the US Congress.
California has the most electors 55 while a handful of sparsely populated states like Wyoming, Alaska and North Dakota have the minimum of three.
There are 538 electors in total.
Each elector represents one electoral vote and a candidate needs to gain a majority of 270 votes or more to win the presidency.
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