Written by Econintersect
Early Bird Headlines 26 September 2019
Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, published Monday, Wednesday and Friday, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.
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Notice: We have changed the form of content coverage for Early Bird. We will provide discussion only for Asia Markets news and a small number (often 1 or 2) other articles. The remainder of the content will be headlines (with links) only.
Key Articles
Global
- Asia stocks mixed as trade hopes rise; Shenzhen slips more than 2% (CNBC) Stocks in Asia were mixed on Thursday amid hopes that the U.S. and China could strike a deal soon. The U.S. dollar index, which tracks the greenback against a basket of its peers, was lower at 98.941 after touching an earlier high of 98.974. Oil prices declined in the afternoon of Asian trading hours, with international benchmark Brent crude futures falling 0.29% to $62.21 per barrel while U.S. crude futures slipped 0.32% to $56.31 per barrel. Spot gold fell 1.8% to $1,504.61 per ounce . Prices had earlier dropped as much as 2% to $1,501.55 an ounce. U.S. gold futures settled down 1.8% at $1,512.3 an ounce. U.S. treasuries yields were lower following Wednesday’s big spike higher.
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U.S.
- Trump Officials Turn Over Whistle-Blower Complaint as Impeachment Inquiry Begins (The New York Times) House Democrats rushed on Wednesday to plot the course of their formal impeachment inquiry into President Trump, getting their first glimpses of the secret intelligence whistle-blower complaint that touched off the investigation that could lead to his removal. But even as they obtained crucial details about allegations that Mr. Trump pressured a foreign leader to help him tarnish a political rival, Democrats did not plan any immediate action to formalize their impeachment inquiry.
Instead, they were planning to use the coming weeks to build as strong a case as they could against Mr. Trump, with an eye toward drafting articles of impeachment against him. That would mean the House would not vote on the matter unless the articles of impeachment were brought to the floor.
- Democrats view ‘deeply disturbing’ whistleblower complaint about Trump (NBC News) The whistleblower complaint at the heart of a weeks-long standoff between the White House and Congress that culminated with a formal impeachment inquiry was finally made available to lawmakers on Wednesday.
The document by the still-unidentified whistleblower contained allegations that were “very credible” and “deeply disturbing,” said House Intelligence Committee Chairman Rep. Adam Schiff, D.-Calif. The complaint is believed to be related to a July phone call between President Donald Trump and Ukrainian President Volodymyr Zelensky.
- Whistleblower tentatively agrees to testify, attorneys say, as long as they get appropriate clearances to attend hearing (CNN) The anonymous whistleblower who filed a complaint with the intelligence community inspector general, which includes allegations about President Donald Trump’s conduct, has tentatively agreed to meet with congressional lawmakers, according to correspondence obtained by CNN.
The meeting will take place on the condition that acting Director of National Intelligence Joseph Maguire approves appropriate security clearances for the individual’s legal counsel so that they can accompany their client, the correspondence showed.
El Salvador
- US to sign agreement to send asylum seekers to El Salvador (The Guardian) See also next article. The United States planned to sign an agreement on Friday to help make one of Central America’s most violent countries, El Salvador, a haven for migrants seeking asylum, according to a senior Trump administration official. The official said the acting homeland security secretary, Kevin McAleenan, would sign a “cooperative asylum agreement”. Two other officials described the agreement as a first step in the governments’ working together on asylum.
Details of the broad agreement will be hammered out in the weeks and months ahead, they said. The officials weren’t authorized to speak publicly and spoke on condition of anonymity.
The agreement could lead to migrants from third countries obtaining refuge in El Salvador – even though many Salvadorans are fleeing their nation and seeking asylum in the US.
Honduras
- U.S. signs asylum deal with Honduras that could force migrants to seek relief there (NBC News) See also preceding article. The Trump administration signed an asylum agreement with Honduras that could force asylum-seekers to seek protection in one of the most dangerous countries in the world instead of the United States, the latest agreement with a Central American country aimed at curbing migration at the southern border.
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Other important articles
U.S.
- Pelosi’s gamble: impeachment inquiry exposes Trump but carries risks for Democrats (The Guardian)
- Investors are betting on a Clinton-like market rally if House impeaches Trump (CNBC)
- House backs release of Trump whistleblower complaint 421-0 (Reuters)
- Justice Dept. rejected investigation of Trump phone call just weeks after it began examining the matter (The Washington Post)
- Romney out front of GOP with criticisms of Trump’s Ukraine call, but signs emerge that he’s not alone (CNN)
- Elizabeth Warren tops Democratic candidates in national poll for first time (The Guardian)
- Trump’s global trade war comes to Alabama (Bloomberg)
- White House accidentally emails Trump-Ukraine talking points to Democrats (The Guardian)
EU
Ukraine
Pakistan
Japan
China
- China launches amphibious assault ship, giving a big boost to its coastal warfare capabilities (CNN)
- Trump says trade deal with China could happen sooner than people think (Reuters)
- China’s economic growth may be looking at another rough quarter (CNBC)
Australia
- ‘CO2 is plant food’: Australian group signs international declaration denying climate science (The Guardian)
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