Overseas Headlines-January 22, 2020

January 22, 2020

United States:

Trump Trial Rules Set After McConnell Fields Pushback From GOP

“The Senate set the terms for Donald Trump’s impeachment trial, but not before Majority Leader Mitch McConnell and the president got a reminder that a small group of GOP senators can determine how it will play out. The Senate voted 53-47 in the early hours of Wednesday to set the trial procedures after McConnell hastily revised his proposed rules in the face of a mini-rebellion from some Republicans over the compressed schedule for arguments in the case.”




Switzerland Ranks as World’s Best in Attracting Talent

“Switzerland once again clinched the No. 1 spot in a global survey on fostering and attracting talent, edging out the U.S. and Singapore, according to the Global Talent Competitiveness Index published by French business school, INSEAD. Europe dominated the highest positions, with only seven non-European countries in the top 20. As was the case in previous years, “the best-ranked countries include a significant number of small high-income economies, many of them being either landlocked, island or quasi-island economies,” INSEAD said.”




India’s Painful Double Whammy Grips More Emerging Markets

“India may be experiencing the most glaring setback among emerging economies, but its double pain of slowing growth and surging inflation is spreading far and wide. While a debate rages over whether the latest data from India points to “stagflation,” a sixth successive quarter of economic deceleration and fifth consecutive jump in price growth are threatening “buy India,” one of the most popular emerging-market trades of the last decade.”



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