Romney concedes U.S. presidential election to Obama

WASHINGTON Wed Nov 7, 2012 11:59am IST

U.S. Republican presidential nominee Mitt Romney stands on stage with his wife Ann during his election night rally in Boston, Massachusetts November 7, 2012. REUTERS/Rick Wilking

U.S. Republican presidential nominee Mitt Romney stands on stage with his wife Ann during his election night rally in Boston, Massachusetts November 7, 2012.

Credit: Reuters/Rick Wilking

Related Topics

Priyanka Gandhi Vadra, daughter of Congress party chief Sonia Gandhi, adjusts her flower garlands as she campaigns for her mother during an election meeting at Rae Bareli in Uttar Pradesh April 22, 2014. REUTERS/Pawan Kumar

Election 2014

More than 814 million people — a number larger than the population of Europe — are eligible to vote in the world’s biggest democratic exercise.  Full Coverage 

WASHINGTON (Reuters) - Republican Mitt Romney conceded the U.S. presidential election to President Barack Obama early on Wednesday morning after a hard-fought campaign.

"This is a time of great challenges for America and I pray that the president will be successful in guiding our nation," Romney told supporters in Boston after calling Obama to congratulate him.

Obama defeated Romney in a number of key swing states, despite the weak economic recovery and stubbornly high unemployment that dogged his campaign.

Television networks called the election late on Tuesday, but the Romney campaign waited more than an hour to agree on the results in Ohio.

"I so wish, I so wish, that I had been able to fulfill your hopes to lead the country in a different direction, but the nation chose another leader," Romney said in his concession speech.

This is the second time the former Massachusetts governor has made a run for the presidency. Romney had promised to revive the nation's economy through reforming the tax code, reducing the debt and confronting China on its trade practices.

(Reporting By Kim Dixon and Rachelle Younglai; Editing by Doina Chiacu)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Big Buyback

Big Buyback

Apple expands buybacks by $30 billion.  Full Article 

Solar Dispute

Solar Dispute

Green groups urge U.S. to drop solar trade case against India.  Full Article 

Facebook Results

Facebook Results

Facebook Q1 revenue grows 72 percent on rising mobile ads.  Full Article 

Obama's Japan Visit

Obama's Japan Visit

Obama seeks to ease Asian allies' doubts during visit to Japan.  Full Article 

Uncharted Waters

Uncharted Waters

Phelps facing toughest challenge yet.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage