Summit Notebook

Exclusive outtakes from industry leaders

from Tales from the Trail:

Blunt says to keep an eye on Virginia

Missouri Senator Roy Blunt, a Republican who is Mitt Romney's point person in Congress, doesn't think Ohio or Florida will be the main states to watch on election night. He will have his eyes on Virginia.

In an interview at the annual Reuters Washington Summit, Blunt was asked which state was the one to monitor in the run-up to the Nov. 6 election between President Barack Obama and Romney.

"Virginia," he said. "If I was watching one state on election night, it would be a state I'd [watch]."

"I don't think Romney has to carry Virginia, but if he carries Virginia he's the president," Blunt predicted.

Five weeks: It’s an eternity in the world of politics

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By Christopher Doering carper

Five weeks:  It may not be a lot of time for many people, but with the pivotal mid-term elections looming on Nov. 2 Delaware Senator Tom Carper said five weeks is an eternity for Democrats to use to turn the tide in their favor.

“Today, five weeks a lot happens. A lot of minds change in five weeks,” Carper, a self-proclaimed “optimist”, told the Reuters Washington Summit.

Obama victory could help Gulf economies, Kuwaiti banker says

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A Barack Obama victory in the U.S. presidential election on Tuesday could bring much-needed good news to the Gulf Arab region, the chairman of Kuwait’s banking association told a Reuters summit.
Gulf Arab stock exchanges have tumbled this year and its economies are forecast to slow as the price of oil, its main export, drops.
The prospect of conflict involving nearby Iran is often cited as a risk factor for investing in the oil-exporting region.
“Maybe the pressure that is on this region in terms of U.S.-Iran tension might ease up,” said Abdulmajeed al-Shatti, who is also chairman of Commercial Bank of Kuwait, the chairman country’s third-largest lender. “Obama has indicated he would engage Iran and if the U.S. wants to change Iran, it has to engage.”

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