Barack Obama will embark on his second term in office with the global economy at a crossroads. The US alone cannot determine the world economy’s future, but the course that it takes nonetheless has huge global importance, given that it remains the largest economy and retains strong influence in the main multilateral institutions.
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WASHINGTON, DC – The race was tough, but US President Barack Obama has won re-election. The question now, for the United States and the world, is what will he do with a fresh four-year term?