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| NY allows Bloomberg new mayor bid | NY allows Bloomberg new mayor bid |
| (about 3 hours later) | |
| The city council in New York has voted to extend the limits on the officials' terms of office, allowing Mayor Michael Bloomberg to run for re-election. | |
| Mr Bloomberg was due to stand downafter his second term in office, which under current rules would be his last, at the end of next year. | |
| The billionaire businessman had asked for the law to be overturned. | The billionaire businessman had asked for the law to be overturned. |
| He said the financial crisis on Wall Street and his record as mayor meant he deserved the chance to re-run. | He said the financial crisis on Wall Street and his record as mayor meant he deserved the chance to re-run. |
| The 51-member city council supported the change by 29 votes to 22. | The 51-member city council supported the change by 29 votes to 22. |
| Approval ratings | Approval ratings |
| Twice during the 1990s, voters voiced their support for limiting city politicians to a maximum of eight years in office. | Twice during the 1990s, voters voiced their support for limiting city politicians to a maximum of eight years in office. |
| If the voters don't like what they've seen they will vote for someone else, and that's as it should be Michael Bloomberg | If the voters don't like what they've seen they will vote for someone else, and that's as it should be Michael Bloomberg |
| But the BBC's Matthew Wells in New York says many on the council were also approaching the end of their second four-year terms and the mayor was favoured to get his way. | But the BBC's Matthew Wells in New York says many on the council were also approaching the end of their second four-year terms and the mayor was favoured to get his way. |
| Now the two-thirds of council members who have had to step down at the November 2009 elections will be able to stand for re-election. | |
| Mr Bloomberg earlier denied that backroom deals had been made, and said the economic downturn was the main factor. | Mr Bloomberg earlier denied that backroom deals had been made, and said the economic downturn was the main factor. |
| "Given the events of recent weeks, and given the enormous challenges we face, I don't want to walk away from a city I feel I can help lead through these times," he said earlier. | "Given the events of recent weeks, and given the enormous challenges we face, I don't want to walk away from a city I feel I can help lead through these times," he said earlier. |
| "If the voters don't like what they've seen they will vote for someone else, and that's as it should be." | "If the voters don't like what they've seen they will vote for someone else, and that's as it should be." |
| Mr Bloomberg changed his party affiliation earlier in the year from Republican to Independent, and even toyed with the idea of entering the presidential race during the contentious primary election season. | Mr Bloomberg changed his party affiliation earlier in the year from Republican to Independent, and even toyed with the idea of entering the presidential race during the contentious primary election season. |
| His business background and strong management of the city's services have translated into consistently high approval ratings, our correspondent says. | His business background and strong management of the city's services have translated into consistently high approval ratings, our correspondent says. |