Ten Things You Need to Know Today: Wednesday 7 Nov 2012

1. PRESIDENT OBAMA WINS SECOND TERM

Barack Obama has pledged to work with his opponents and reach across the political divide after winning a second term as the US President. The Democrat told America "the best is yet to come" after his victory. His Republican challenger Mitt Romney conceded early on Wednesday and said he "prayed the President will be successful in guiding our nation".

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