Daily Briefing: - PM Boris Johnson flies back to face parliament as Brexit chaos deepens - U.S. House Democrats plunge into Trump impeachment inquiry - Trump's China trade rhetoric turns harsh at U.N.
amid allegations he misled the UK Queen with his advice over the so so-called ‘prorogation’ of the assembly.
Asia stock markets also fretted about the tone of his trade comments, with Shanghai, Hong Kong, Tokyo and Seoul benchmarks dropping 0.5% to 1.5%. earlier.seems to assume it would not succeed in unseating Trump, since his Republican party still controls the Senate, which would conduct the trial. Some investors reckon the process could damage Trump’s re-election process regardless but fretted that a wounded president could double down on his trade war with China to lift his popularity.
But the decision also increases uncertainties about the timing of a snap election and whether opposition partiesSterling, which also has to absorb increasingly worrying UK economic signals such as the Confederation of British Industry’s report ofthis month, has given up about half of Tuesday’s gains against the dollar first thing today and was last trading about $1.2462.
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