January 23, 2020
United States:
Democrats Warn Trump Can’t Be Above Law as Case Heads to Day Two
“House impeachment managers launched their case for removing Donald Trump from office by depicting him as a president who is vindictive, untruthful, unbound by the law and above all, willing to abuse his power at the expense of U.S. national security. Democrats on Thursday will resume arguments in the Senate trial of Trump by focusing on the impeachment article charging him with abuse of power while also working to persuade moderate Republicans that they should subpoena witnesses such as former National Security Adviser John Bolton.”
Europe:
Brexit Deal Clears Parliament, Paving U.K.’s Way to Leave the EU
“Prime Minister Boris Johnson’s Brexit deal cleared its final hurdles in Parliament, bringing the crisis that paralyzed U.K. politics since the country voted to leave the European Union almost four years ago to a close. The passage of the law vindicates Johnson’s gamble to call an election last month in which he asked voters to back his blueprint for leaving the bloc on Jan. 31. His 80-seat majority in the elected House of Commons meant he could sweep aside objections from pro-EU politicians in the upper chamber of Parliament, the Lords, and break the deadlock that cost his predecessor, Theresa May, her job last year.”
Asia:
Bank Indonesia Holds Key Rate, Leaves Door Ajar for Future Cuts
“Indonesia’s central bank left its benchmark interest rate unchanged for a third straight month, saying the economic outlook is improving even as the door remains open for future rate cuts. Bank Indonesia kept the seven-day reverse repurchase rate unchanged at 5% Thursday, as predicted by 29 of 34 economists surveyed by Bloomberg. The others expected a reduction of 25 basis points.”
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