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Iowa caucuses: Cruz beats Trump and Clinton claims narrow win

Ted Cruz has caused a big upset by beating Donald Trump in the Republican Iowa caucuses, while Hillary Clinton claimed an extremely narrow victory over rival Bernie Sanders in the Democrats' race.

The caucus is the first vote in the race for the US presidential nominations for both parties, and is seen as an important bellwether for candidates' chances in the elections.

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Rand Paul quits presidential candidacy campaign

US Republican Senator from Kentucky Rand Paul Credit: Reuters

US Republican presidential hopeful Rand Paul has suspended his 2016 campaign, two days after the Iowa caucuses.

The US senator from Kentucky, a libertarian-leaning candidate, finished in fifth place in Iowa with 4.5 percent.

It's been an incredible honor to run a principled campaign for the White House. Today, I will end where I began, ready and willing to fight for the cause of Liberty.

– Statement from Rand Paul

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