World leaders hail the victory of Barack Obama in the US presidential election, as outgoing President George W Bush promises a smooth transition of power.
AP - His storied election behind him and weighty problems in his face, Barack Obama turned Wednesday to the task of building an administration in times of crisis as Americans and the world absorbed his history-shattering achievement as the first black leader ascending to the presidency.
AP - Barack Obama will begin receiving highly classified briefings from top intelligence officials Thursday, as the rush of his campaign gives way to intensive preparations to take over as commander in chief and build a Democratic administration.
AP - Democrats broadened their control of Congress in Tuesday's elections, though in the Senate they fell short of the 60 votes needed for a filibuster-proof majority that would have given them almost unbridled power over legislation.
Elated supporters of Barack Obama took to the streets of cities across the globe to celebrate Obama's presidential win over John McCain. "This is the most wonderful night of my life," said iReporter David White. "It's history," said Tave Johnson in Chicago.
Barack Obama thumped John McCain in the Electoral College tally and handily won the popular vote, becoming the first African-American elected president of the U.S. Obama told supporters, "change has come to America."