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Friday, 20 September 16:53 (GMT -05:00)



Business And Politics News

25th Amendment Threatens Trump with Impeachment


President Trump is reported to have found himself in another unpleasant situation. To be more specific, just for revealing some top-secret information to Russian Foreign Minister Lavrov, he is now threatened with a possible impeachment. They say that the 25 amendment to the American constitution, this becomes a very likely scenario. In particular, this assumption was put forward by an advisor who used to work for George Bush Jr.

 

 

 

 
The expert recommends that President Trump get familiar with the 25th amendment. This amendment was introduced to foresee the cases of sudden illness or death of the president, the way it happened with John Kennedy and Ronald Reagan. Still, the amendment spreads over other situations when the president is unable to act and fulfil obligations.
 
At the same time, Donald Trump is convinced that he actually had the right to discuss the top-secret information with the Russian minister and ambassador. From the stand point of law, revealing secret information by the president is not something illegal. However, his opponents are clearly determined to catch at the chance and use this to prove that the president is incompetent and can undermine the stability of the United States.
 
The scandal now seems to be getting bigger and bigger each day. The calls for impeachment are getting more frequent, especially after Donald Trump fired the FBI Director he had previously appointed. This was related to the investigation of the alleged Russian trace in Donald Trump’s victory in the latest presidential election in the United States.
 
It seems that the Republicans are running out of patience, especially after Donald Trump gave some secret information to the Russian foreign minister. Further on, Donald Trump confirmed this and said that he had the right to do so, especially as he wanted to get Russian more involved in the war on international terrorism.
 

 

Experts think that the situation is more serious that one might think since President Trump’s actions may spoil his relations with the secret services. Mass media think that Trump’s administration should clarify the situation around the decision to fire FBI Director James Comey since this decision is now viewed as an attempt to slow down the FBI investigation on the Russian trace in the U.S. presidential election 2016. If so, this is violation of law. Expert think that the secret services should continue the investigation without any pressure on those involved in the investigation. They think that if the investigators manage to find something else compromising Donald Trump and his administration, they opponents will definitely catch at the chance and start the impeachment procedure right away.

 

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Fed Cuts Key Interest Rate For The First Time In 10 Years

The U.S. Federal Reserve is reported to have cut the key interest rate, which is something really outstanding since the Fed has done it for the first time since 2009.

Publication date: 11 August 03:05 AM

New Prime Minister Names Brexit Date

It seem that the new Prime Minister of the United Kingdom is really determined about everything related to the Brexit. The process is expected to start in later 2019. Boris Johnson's standpoint on the matter didn't come as a surprise to the international expert community, Market Leader reports. The thing is, he has been well-known for being an advocate ad big supporter of quitting the European Union in general, and doing so without a major agreement in particular, which is also known as the hard Brexit scenario. 

Publication date: 07 August 06:54 AM

Johnson Launches Hard Brexit Ad Campaign

Boris Johnson, who has recently been appointed new UK Prime Minister, is on his way to launch an ad campaign to promote the idea of quitting the EU the hard way, which is also known as the hard Brexit. For those of you who don't know, the hard Brexit scenario implies quitting the European Union without signing a major agreement.

Publication date: 31 July 11:43 AM

U.S-China Trade War Is Sponsored By Consumers

According to the IMF, consumers and producers are the biggest losers in the trade war between the United States and China. Despite growing duties, American companies are not in a hurry to move their production back to the USA.

Publication date: 12 July 01:19 AM

US-China Trade Conflict May Trigger Another Global Financial Crisis

Beijing and Washington are one step away from escalating their trade conflict. The confrontation may harm the entire global economy. Some experts belive that the trade war may also trigger another global financial crisis. At this point, the parties seem to have come to a standstill, which is why the chances of the conflict escalating into a move severe trade war are still growing.

Publication date: 18 June 10:18 AM

WTO Lowers Global Trade Growth Forecast

 WTO experts are reported to have revised their forecast for the pace of global trade growth. The renewed forecast names figures below the previous ones - 2,6% against 3,7%. It's also interesting to note that the previous forecast for 2018 failed to match the actual figures.

 
Publication date: 19 May 02:58 AM

How to Protect Investment Capital in 2019?

Existing political and economic risks are pushing international investors into thinking about the security of their investment capital. Chasing big profits becomes secondary to this kind of security.

Publication date: 31 March 11:26 AM

EU Comes Up With Workaround to US Sanctions

The representatives of Germany, France, and the UK have registered a company to let it trade with Iran despite the US sanctions. The company still needs to be approved by 28 EU members.

Publication date: 31 March 02:33 AM

Beijing and Washington are getting ready for the final talks

Publication date: 17 February 08:58 AM

US-China Trade War Reaches Next Level

Washington and Beijing have announced a new round of talks. International experts say that the trade war is indeed going to a whole new level.
Publication date: 08 January 10:17 AM