Around the World: United States

Bloomberg can run

Mayor Michael Bloomberg won the right to seek re-election, as New York's City Council voted on Thursday to extend the two-term limit for elected officials as the city grapples with the global financial crisis.

Bloomberg, a former Wall Street trader and self-made billionaire who was elected in 2001 and 2005, wants to run again on grounds that his financial experience will be valuable in guiding the city through lean fiscal times ahead.

(China Daily 10/25/2008 page11)