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Friday, 20 September 16:56 (GMT -05:00)



Business And Politics News

Why Does Trump Fail to Be a Good President?


As you probably know, the scandal around Donald Trump’s decision to fire FBI Director Comey is just one of the unpleasant incidents in his presidential career started in early 2017.

 

 

 

 
The truth of the matter is, after the investigation against Michael Flynn started, Donald Trump asked FBI Director Comey to let the investigation slide. While Director Comey didn’t dare object to President Trump openly, he didn’t do that. On the contrary, the investigation got even more intensive.
 
Shortly after Comey addressed the Department of Justice for more resources to accelerate the investigation, he was fired by President Trump. Since then, there have been a number of versions explaining this action. Later on, President Trump confessed to Russian Foreign Minister Lavrov and Ambassador Kiskyak that he should have fired Comey earlier to avoid escalating the situation around possible Trump-Russia ties. Still, the situation only escalated afterwards. If the Senate Committee recognizes this step as an attempt to prevent the FBI investigation, this will be equal to recognizing Donald Trump a criminal. If that’s really the case, the impeachment procedure will be an inevitable scenario for the U.S. President.
 
Former FBI Director Comey is not a plain guy. Previously, he used to be Deputy Attorney General, and the FBI has been respecting him since then. Also, he is known as a brilliant lawyer with many years of expertise, which is why he was pretty confident when occupying the post of FBI Director. Apparently, he has been getting ready for the Senate hearings ever since he was fired on May 9, 2017.
 
At the same time, experts say that at the other side of the boxing ring, there is chaos since nobody seems to be ready to defend and justify Trump’s decision to fire Comey. Trump seems to be failing to implement his election pledges, and the amount of disappointed Americans keeps on growing every day. This is definitely something Donald Trump didn’t expect when moving to the While House. Most likely, he was hoping for another season of successful show he had hosted for a couple of years before winning the 2016 U.S. presidential elections. Instead of becoming a superstar, he seems to be turning into a scapegoat. Now it has become obvious to him that the presidential post also has certain limitations.
 

 

Mass media say that while Trump’s family still hasn’t moved to the White House completely, Donald Trump has to spend a lot of time watching TV alone. Most likely, after watching the news, he starts making those emotional tweets and calling friends and colleagues to ask for some advice on who has been bad at doing their job and needs to be fired. Chances are, he doesn’t really understand why the community and the establishment have turned their backs on him for firing FBI Director Comey. Maybe he thinks that all of those who were appointed by him should serve to solve problems for him in the most comfortable, fast, and efficient way possible. At least this is something he is used to as a big businessman, billionaire, and investor.

 

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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