The US is headed into an election, which may lead to a gigantic shift in the geopolitical landscape and the global economic order. The US is the world’s largest economy and it sets the global economic agenda.
Opinion polls indicate Joe Biden has a big lead in the presidential race. In addition, all 435 seats in the House of Representatives (HoR) are up for grabs. The Democratic Party is favourite to defend the HoR majority it holds.
In the 100-seat Senate, 35 seats are up for re-election. Of these, 23 have Republican incumbents, while 12 are held by Democrats. The Democrats need
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