Trump defies Congress

Original article by Jacob Greber
The Australian Financial Review – Page: 1 & 12 : 20-Dec-19

US President Donald Trump maintains that he had done nothing wrong with regard to his dealings with the Ukrainian president, after the House of Representatives passed two articles of impeachment. The article on abuse of power was passed by 230 votes to 197, with just two Democrats voting against it; the article on obstruction of congress was passed 229 votes to 198, with three Democrats voting against it. Trump will now face a trial in the Senate; he is likely to be acquitted, as the Republicans control the upper house. However, the impeachment may have significant implications for the 2020 presidential election.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Overreaction presents chance to buy on dip

Original article by David Rogers
The Australian – Page: 27 : 13-Jul-17

Australia’s benchmark S&P/ASX 200 Index reached an intra-day low of 5,665.6 points on 12 July 2017, before closing one per cent lower. The domestic bourse has shed 0.8 per cent so far in July, which may be a timely opportunity for investors to buy into the market. Meanwhile, although investors remain concerned about the political risk associated with US President Donald Trump, Citigroup believes that impeachment is unlikely despite the revelations concerning a meeting between Trump’s son and a Russian lawyer.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, CITIGROUP PTY LTD, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, REPUBLICAN PARTY (UNITED STATES)