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Red Hot Chili Peppers rock Egypt’s pyramids

Singer Anthony Kiedis of the Red Hot Chili Peppers performs at Egypt's Giza pyramids, on the outskirts of Cairo
Singer Anthony Kiedis of the Red Hot Chili Peppers performs at Egypt's Giza pyramids, on the outskirts of Cairo, Egypt March 15, 2019. REUTERS/Nadine Awadalla

March 15, 2019

By Nadine Awadalla

CAIRO (Reuters) – Californian group Red Hot Chili Peppers played in front of Egypt’s great pyramids of Giza on Friday, entertaining more than 10,000 people at the site and many more over a livestream link.

With the three ancient monuments silhouetted behind the stage, the funk-rock band opened with “Can’t Stop” from the 2002 album “By The Way” and followed with “Californication”, “Dark Necessities” and other hits.

The concert, held under tight security, was promoted by Egypt’s tourism ministry, which is trying to put the country back on the map as a prime destination after an uprising in 2011 and years of subsequent turmoil scared many visitors away.

“It was a lot of work to get here but it was absolutely worth it,” said fan Christina Robertson, from Madison, Wisconsin, who left five children at home to make the trip.

“I’ve always wanted to come to Egypt, I’ve always wanted to see the pyramids, it’s spectacular, it’s a dream, and to see Red Hot Chili Peppers here, my favorite band of all time.”

Singer Anthony Kiedis, bass player Michael “Flea” Balzary and drummer Chad Smith join the likes of The Grateful Dead, Scorpions and Frank Sinatra performing at one of the seven wonders of the world.

The concert is the first international gig to be held at the ancient site since pianist Yanni in 2015.

Fans traveled from 67 countries, said concert organizer Karim El Chiaty, Vice Chairman of Travco Group.

“I think there’s a big fan base in Egypt and I think for what we’re trying to achieve here today, which is to promote tourism in Egypt, we needed a band of that kind of scale and that influence,” said Chiaty.

Red Hot Chili Peppers have sold more than 60 million albums, won six Grammy Awards and were inducted into the Rock and Roll Hall of Fame in 2012.

The band is currently on a world tour and working to complete their 12th album following their 2016 release “The Getaway”.

(Writing by Nadine Awadalla and Aidan Lewis; Editing by Andrew Heavens)

Source: OANN

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Lebanon Cabinet approves watershed electricity sector reform

Lebanon's Cabinet has approved a much-anticipated plan to restructure the electricity sector, which has been deeply dysfunctional for over four decades since the time of the country's civil war.

Prime Minister Saad Hariri said Monday that the new plan will eventually provide 24-hour electricity to the country's population of over 5 million.

Lebanon relies on a network of private generator providers. Subsidies to the state electricity company cost the government nearly $2 billion a year.

The plan, expected to get parliament's approval, will reform the state electricity company, introduce new pricing policies and boost power production.

International donor institutions have recommended electricity reform as a major step to deal with the massive public debt, one of the largest in the world, estimated at nearly 150 percent of GDP.

Source: Fox News World

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Zoom starts trading at $65 per share, 80 percent above IPO price

Eric Yuan, CEO of Zoom Video Communications takes part in a bell ringing ceremony at the NASDAQ MarketSite in New York
Eric Yuan, CEO of Zoom Video Communications takes part in a bell ringing ceremony at the NASDAQ MarketSite in New York, New York, U.S., April 18, 2019. REUTERS/Carlo Allegri

April 18, 2019

NEW YORK (Reuters) – Video conferencing company Zoom Video Communications opened at $65 per share on Thursday, 80.6 percent above its initial public offering price, in its debut on the Nasdaq.

Zoom priced its IPO on Wednesday at $36 per share, above its target range of $33-$35 per share.

(Reporting by Chuck Mikolajczak and Joshua Franklin in New York; Editing by Dan Grebler)

Source: OANN

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Chick-Fil-A Responds to San Antonio Ban from Airport Over “Anti-LGBTQ Behavior”

Chick-fil-A responded to the San Antonio City Council Friday after the company was blocked from entering into a retail contract at the city’s international airport over what one councilman called “a legacy of anti-LGBTQ behavior.”

In a statement obtained by KTSA, a restaurant spokesman disputed the council’s “misperceptions” of the company’s values, and invited the council to visit any of its 32 San Antonio area restaurants.

“The press release issued by [councilman Roberto Trevino] was the first we heard of his motion and its approval by the San Antonio city council. We wish we had the opportunity to clarify misperceptions about our company prior to the vote. We agree with the council member that everyone should feel welcome at Chick-fil-A. In fact, we have welcomed everyone in San Antonio into our 32 local stores for more than 40 years. Our local restaurants consistently give back to the San Antonio community and have awarded more than $600,000 in scholarships to Chick-fil-A restaurant team members in San Antonio.

“We would welcome the opportunity to have a thoughtful dialogue with the city council and we invite all of them into our local stores to interact with the more than 2,000 team members who are serving the people of San Antonio. We hope they will experience for themselves that Chick-fil-A embraces all people, regardless of race, gender, ethnicity, sexual orientation or gender identity. We are proud of the positive impact we are making in communities across America, and specifically in San Antonio, and have been transparent about our giving on our website. On a related note, Chick-fil-A was named “Best Franchise Brand” in 2018 by Airport Revenue News.”

On Thursday, District 1 City Councilman Roberto Trevino made a successful motion approving a retail contract at the San Antonio International Airport with an added amendment which would exclude a proposed Chick-fil-A restaurant.

Trevino later applauded the passage of the amendment for “[reaffirming] the work our city has done to become a champion of equality and inclusion.”

“San Antonio is a city full of compassion, and we do not have room in our public facilities for a business with a legacy of anti-LGBTQ behavior,” Treviño stated. “Everyone has a place here, and everyone should feel welcome when they walk through our airport. I look forward to the announcement of a suitable replacement by Paradies.”

Following the council’s decision, faith based non-profit Texas Values issued a statement urging the Texas legislature to act to reaffirm religious freedom.

“Local governments targeting and banning private Christian businesses like Chick-Fil-A is a hostility to religion that Texans will not stand for,” a statement from Texas Values said. “I thought Texas was ‘open for business.’ I guess that applies everywhere in Texas except for San Antonio, where the government demands that you renounce your religious beliefs.”

Ahead of the council’s decision reports circulated earlier in the week claiming Chick-fil-A donated $1.8 million to pro-family groups, which leftists characterized as “anti-LGBTQ.”


Source: InfoWars

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Trump: 'I Don't Want People That Need Welfare'

President Donald Trump indicated Monday he has no interest in allowing people into the United States if they are on welfare or need it.

Trump made the remarks during a White House interview with Breitbart News. He said Democrats are partly to blame for the nation's immigration problems because they think immigrants will vote for them.

"I don't want to have anyone coming in that's on welfare," Trump said in the Oval Office. "We have a problem, because we have politicians that are not strong, or they have bad intentions, or they want to get votes, because they think if they come in they're going to vote Democrat, you know, for the most part."

Trump added, because of America's debts to other countries and spending on the military and alliances, the U.S. cannot keep adding more welfare recipients.

"I don't want people that need welfare," he said. "We owe a lot of money. We're taking care of everybody in the world's military. But now, as you know, I got over $100 billion from NATO countries. But that's not enough, that's not enough, we're paying for massive portions of NATO."

The White House budget for 2020 unveiled Monday includes $8.6 billion for additional barriers along the U.S.-Mexico border.

Source: NewsMax America

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Slovak ruling party candidate Sefcovic concedes defeat in presidential election

Second round of Slovakia's presidential election
Slovakia's presidential candidate Zuzana Caputova waits for the election results at the party's headquarters in Bratislava, Slovakia, March 30, 2019. REUTERS/David W Cerny

March 30, 2019

BRATISLAVA (Reuters) – Slovakia’s ruling party-backed candidate Maros Sefcovic conceded defeat in the euro zone country’s presidential election on Saturday.

Sefcovic, a vice-president the European Union’s executive Commission, told reporters he had called his rival, liberal lawyer Zuzana Caputova, to congratulate her on her victory.

(Reporting by Jan Lopatka and Tatiana Jancarikova; Editing by Daniel Wallis)

Source: OANN

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Latvia pledges faster money laundering reform as pressure builds

FILE PHOTO: Swedbank signs are seen on the bank's Latvian head office in Riga
FILE PHOTO: Swedbank signs are seen on the bank's Latvian head office in Riga, Latvia, April 9, 2019. REUTERS/Ints Kalnins/File Photo

April 11, 2019

By John O’Donnell and Gederts Gelzis

FRANKFURT (Reuters) – Latvia’s prime minister has promised to accelerate an overhaul of the banking sector as fears grow that money laundering scandals could single the country out as high risk, prompting Swedish lenders to leave and isolating the Baltic state.

In an interview with Reuters, Krisjanis Karins said he would take earlier reforms a step further and change rules on management appointments at the country’s banking regulator, while granting it the power to close banks with “dirty money”.

“We are giving out a signal to those individuals or companies looking for a place to launder money,” said Karins, who took over as prime minister in January. “We are saying we are not open for business.”

Early last year, U.S. authorities accused Latvia’s third biggest bank, ABLV, of money laundering and breaking sanctions on North Korea, prompting its closure and triggering the country’s worst financial crisis in a decade.

Latvia now faces a review by international money-laundering standards watchdog Moneyval in coming months, which some officials fear could label the country as risky, alongside the likes of Serbia and Pakistan.

The body issued a highly critical assessment of Latvia last year, citing corruption, vulnerability to international organized crime and exposure to corruption in neighboring former soviet states.

Acknowledging the threat of what officials call grey-listing, Karins said the country was serious about tackling corruption and financial crime, appealing directly to Swedish banks not to lose faith.

Swedbank has been drawn into a Baltic money laundering scandal that has wiped billions of euros off its market value, prompting fears among some Latvian officials that it could follow Danish rival Danske in leaving the area.

“These banks are important to our region. They are important to our financial stability,” Karins said.

“My message to them is very simple. They can rest assured that we are creating a very resilient system.”

A spokesman for Swedbank said that it would “continue to be the bank for the many households and corporates” in Sweden, Latvia, Lithuania and Estonia.

SEB Chairman Marcus Wallenberg recently said the region would remain an “important part” of future strategy.

GREY MONEY

Latvia’s finance minister, Janis Reirs, who visited Washington this week to outline his country’s progress to top U.S. officials, said investigating and prosecuting of financial crime would improve.

He met Marshall Billingslea, who leads the Office of Terrorist Financing and Financial Crimes at the U.S. Treasury, according to officials.

“This grey money is one of the main feeding sources for corruption,” Reirs told Reuters.

The stakes are high for one of Europe’s poorest countries. While Latvia’s economy is growing, Morten Hansen, of the Stockholm School of Economics in Riga, said any grey-listing could hit its credit rating, risking a recession.

Nonetheless, the push by the new government, built on a fragile coalition of five parties, to reinvigorate reforms faces obstacles, including open divisions between lawmakers and the institutions tasked with policing banks.

Peters Putnins, who heads the Financial and Capital Market Commission, which supervises banks, said the government’s reforms amounted to political interference in his work and were a veiled attempt to oust him.

“This is reorganization … to change the … staff of the supervisory board of the commission,” he told Reuters. “The banking supervision must be independent. If this is not political interference, what is this?”

Since Latvia secured independence from Russia in 1991, more than a dozen of its banks have promoted themselves as a gateway to Western markets for clients in former Soviet states, promising Swiss-style secrecy.

That policy has now been abandoned under pressure from the U.S. and despite predictions by Latvian officials a year ago that many would close, the banks are still open.

Karins said the sector has been cleaned up but changing its approach to banking is still a difficult balancing act for Latvia.

Washington is an important military ally for the former Soviet-ruled state of 2 million people on the EU’s eastern flank. It also has close historical and trade ties with Russia.

Karins appealed for a joint European effort to tackle money laundering, criticizing the “patchwork” of laws around the region. “It’s a European problem,” he said. “Banks in this region have been used … as transit runs.”

(Writing By John O’Donnell; Editing by Kirsten Donovan)

Source: OANN

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Police secure the area where the body of a woman was discovered near the village of Orounta
Police secure the area where the body of a woman was discovered near the village of Orounta, Cyprus, April 25, 2019. REUTERS/Stefanos Kouratzis

April 26, 2019

NICOSIA (Reuters) – Cypriot police searched on Friday for more victims of a suspected serial killer, in a case which has shocked the Mediterranean island and exposed the authorities to charges of “criminal indifference” because the dead women were foreigners.

The main opposition party, the left-wing AKEL, called for the resignation of Cyprus’s justice minister and police chief.

Police were combing three different locations west of the capital Nicosia for victims of the suspected killer, a 35-year-old army officer who has been in detention for a week.

The bodies of three women, including two thought to be from the Philippines, have been recovered. Police sources said the suspect had indicated the location of the third body, found on Thursday, and had said the person was “either Indian or Nepali”.

Police said they were searching for a further four people, including two children, based on the suspect’s testimony.

“These women came here to earn a living, to help their families. They lived away from their families. And the earth swallowed them, nobody was interested,” AKEL lawmaker Irene Charalambides told Reuters.

“This killer will be judged by the court but the other big question is the criminal indifference shown by the others when the reports first surfaced. I believe, as does my party, that the justice minister and the police chief should resign. They are irrevocably exposed.”

Police have said they will investigate any perceived shortcomings in their handling of the case.

One person who did attempt to alert the authorities over the disappearances, a 70-year-old Cypriot citizen, said his motives were questioned by police.

The bodies of the two Filipino women reported missing in May and August 2018 were found in an abandoned mine shaft this month. Police discovered the body of the third woman at an army firing range about 14 km (9 miles) from the mine shaft.

Police are now searching for the six-year-old daughter of the first victim found, a Romanian mother who disappeared with her eight-year-old child in 2016, and a woman from the Phillipines who vanished in Dec. 2017.

The suspect has not been publicly named, in line with Cypriot legal practice.

A public vigil for the missing was planned later on Friday.

(Reporting By Michele Kambas; Editing by Gareth Jones)

Source: OANN

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An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard
FILE PHOTO: An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard, Britain December 3, 2018. REUTERS/Simon Dawson

April 26, 2019

LONDON, April 26 – British factories stockpiled raw materials and goods ahead of Brexit at the fastest pace since records began in the 1950s, and they were increasingly downbeat about their prospects, a survey showed on Friday.

The Confederation of British Industry’s (CBI) quarterly survey of the manufacturing industry showed expectations for export orders in the next three months fell to their lowest level since mid-2009, when Britain was reeling from the global financial crisis.

The record pace of stockpiling recorded by the CBI was mirrored by the closely-watched IHS Markit/CIPS purchasing managers’ index published earlier this month.

(Reporting by Andy Bruce, editing by David Milliken)

Source: OANN

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Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing
Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing, China April 26, 2019. REUTERS/Florence Lo

April 26, 2019

KUALA LUMPUR (Reuters) – Fewer than half of Malaysians approve of Prime Minister Mahathir Mohamad, an opinion poll showed on Friday, as concerns over rising costs and racial matters plague his administration nearly a year after taking office.

The survey, conducted in March by independent pollster Merdeka Center, showed that only 46 percent of voters surveyed were satisfied with Mahathir, a sharp drop from the 71 percent approval rating he received in August 2018.

Mahathir’s Pakatan Harapan coalition won a stunning election victory in May 2018, ending the previous government’s more than 60-year rule.

But his administration has since been criticized for failing to deliver on promised reforms and protecting the rights of majority ethnic Malay Muslims.

Of 1,204 survey respondents, 46 percent felt that the “country was headed in the wrong direction”, up from 24 percent in August 2018, the Merdeka Center said in a statement. Just 39 percent said they approved of the ruling government.

High living costs remained the top most concern among Malaysians, with just 40 percent satisfied with the government’s management of the economy, the survey showed.

It also showed mixed responses to Pakatan Harapan’s proposed reforms.

Some 69 percent opposed plans to abolish the death penalty, while respondents were sharply divided over proposals to lower the minimum voting age to 18, or to implement a sugar tax.

“In our opinion, the results appear to indicate a public that favors the status quo, and thus requires a robust and coordinated advocacy efforts in order to garner their acceptance of new measures,” Merdeka Center said.

The survey also found 23 percent of Malaysians were concerned over ethnic and religious matters.

Some groups representing Malays have expressed fear that affirmative-action policies favoring them in business, education and housing could be taken away and criticized the appointments of non-Muslims to key government posts.

Last November, the government reversed its pledge to ratify a UN convention against racial discrimination, after a backlash from Malay groups.

Earlier this month, Pakatan Harapan suffered its third successive loss in local elections since taking power, which has been seen as a further sign of waning public support.

Despite the decline, most Malaysians – 67 percent – agreed that Mahathir’s government should be given more time to fulfill its election promises, Merdeka Center said.

This included a majority of Malay voters who were largely more critical of the new administration, it added.

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

Source: OANN

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The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 25, 2019. REUTERS/Staff

April 26, 2019

By Medha Singh and Agamoni Ghosh

(Reuters) – European shares slipped on Friday after losses in heavyweight banks and Glencore outweighed gains in healthcare and auto stocks, while investors remained on the sidelines ahead of U.S. economic data for the first quarter.

The pan-European STOXX 600 index was down 0.1 percent by 0935 GMT, eyeing a modest loss at the end of a holiday-shortened week. Banks-heavy Italian and Spanish indices were laggards.

The banking index fell for a fourth day, at the end of a heavy earnings week for lenders.

Britain’s Royal Bank of Scotland tumbled after posting lower first quarter profit, hurt by intensifying competition and Brexit uncertainty, while its investment bank also registered poor returns.

Weakness in investment banking also dented Deutsche Bank’s quarterly trading revenue and sent its shares lower a day after the German bank abandoned merger talks with smaller rival Commerzbank.

“The current interest rate environment makes it challenging for banks to make proper earnings because of their intermediary function,” said Teeuwe Mevissen, senior market economist eurozone, at Rabobank.

Since the start of April, all country indexes were on pace to rise between 1.8 percent and 3.4 percent, their fourth month of gains, while Germany was strongly outperforming with 6 percent growth.

“For now the current sentiment is very cautious as markets wait for the first estimates of the U.S. GDP growth which could see a surprise,” Mevissen said.

U.S. economic data for the first-quarter is due at 1230 GMT. Growth worries outside the United States resurfaced this week after South Korea’s economy unexpectedly contracted at the start of the year and weak German business sentiment data for April also disappointed.

Among the biggest drags on the benchmark index in Europe were the basic resources sector and the oil and gas sector, weighed down by Britain’s Glencore and France’s Total, respectively.

Glencore dropped after reports that U.S authorities were investigating whether the company and its subsidiaries violated certain provisions of the commodity exchange act.

Energy major Total said its net profit for the first three months of the year fell compared with a year ago due to volatile oil prices and debt costs.

Chip stocks in the region including Siltronic, Ams and STMicroelectronics lost more than 1 percent after Intel Corp reduced its full-year revenue forecast, adding to concerns that an industry-wide slowdown could persist until the end of 2019.

Meanwhile, healthcare, which is also seen as a defensive sector, was a bright spot. It was helped by French drugmaker Sanofi after it returned to growth with higher profits and revenues for the first-quarter.

Luxembourg-based satellite operator SES led media stocks higher after it maintained its full-year outlook on the back of the company’s Networks division.

Automakers in the region rose 0.4 percent, led by Valeo’s 6 percent jump as the French parts maker said its performance would improve in the second half of the year.

Continental AG advanced after it backed its outlook for the year despite reporting a fall in first-quarter earnings.

Renault rose more than 3 percent as it clung to full-year targets and pursues merger talks with its Japanese partner Nissan.

(Reporting by Medha Singh and Agamoni Ghosh in Bengaluru; Editing by Gareth Jones and Elaine Hardcastle)

Source: OANN

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U.S. President Donald Trump hosts Take Our Daughters and Sons to Work Day at the White House in Washington
U.S. President Donald Trump gives a thumbs up to his audience as he hosts Take Our Daughters and Sons to Work Day at the White House in Washington, U.S., April 25, 2019. REUTERS/Kevin Lamarque

April 26, 2019

By Jan Wolfe and Richard Cowan

(Reuters) – The “i word” – impeachment – is swirling around the U.S. Congress since the release of Special Counsel Robert Mueller’s redacted Russia report, which painted a picture of lies, threats and confusion in Donald Trump’s White House.

Some Democrats say trying to remove Trump from office would be a waste of time because his fellow Republicans still have majority control of the Senate. Other Democrats argue they have a moral obligation at least to try to impeach, even though Mueller did not charge Trump with conspiring with Russia in the 2016 U.S. election or with obstruction of justice.

Whether or not the Democrats decide to go down this risky path, here is how the impeachment process works.

WHAT ARE GROUNDS FOR IMPEACHMENT?

The U.S. Constitution says the president can be removed from office by Congress for “treason, bribery, or other high crimes and misdemeanors.” Exactly what that means is unclear.

Before he became president in 1974, replacing Republican Richard Nixon who resigned over the Watergate scandal, Gerald Ford said: “An impeachable offense is whatever a majority of the House of Representatives considers it to be at a given moment in history.”

Frank Bowman, a University of Missouri law professor and author of a forthcoming book on the history of impeachment, said Congress could look beyond criminal laws in defining “high crimes and misdemeanors.” Historically, it can encompass corruption and other abuses, including trying to obstruct judicial proceedings.

HOW DOES IMPEACHMENT PLAY OUT?

The term impeachment is often interpreted as simply removing a president from office, but that is not strictly accurate.

Impeachment technically refers to the 435-member House of Representatives approving formal charges against a president.

The House effectively acts as accuser – voting on whether to bring specific charges. An impeachment resolution, known as “articles of impeachment,” is like an indictment in a criminal case. A simple majority vote is needed in the House to impeach.

The Senate then conducts a trial. House members act as the prosecutors, with senators as the jurors. The chief justice of the U.S. Supreme Court presides over the trial. A two-thirds majority vote is required in the 100-member Senate to convict and remove a president from office.

No president has ever been removed from office as a direct result of an impeachment and conviction by Congress.

Nixon quit in 1974 rather than face impeachment. Presidents Andrew Johnson in 1868 and Bill Clinton in 1998 were impeached by the House, but both stayed in office after the Senate acquitted them.

Obstruction of justice was one charge against Clinton, who faced allegations of lying under oath about his relationship with White House intern Monica Lewinsky. Obstruction was also included in the articles of impeachment against Nixon.

CAN THE SUPREME COURT OVERTURN?

No.

Trump said on Twitter on Wednesday that he would ask the Supreme Court to intervene if Democrats tried to impeach him. But America’s founders explicitly rejected making a Senate conviction appealable to the federal judiciary, Bowman said.

“They quite plainly decided this is a political process and it is ultimately a political judgment,” Bowman said.

“So when Trump suggests there is any judicial remedy for impeachment, he is just wrong.”

PROOF OF WRONGDOING?

In a typical criminal court case, jurors are told to convict only if there is “proof beyond a reasonable doubt,” a fairly stringent standard.

Impeachment proceedings are different. The House and Senate “can decide on whatever burden of proof they want,” Bowman said. “There is no agreement on what the burden should be.”

PARTY BREAKDOWN IN CONGRESS?

Right now, there are 235 Democrats, 197 Republicans and three vacancies in the House. As a result, the Democratic majority could vote to impeach Trump without any Republican votes.

In 1998, when Republicans had a House majority, the chamber voted largely along party lines to impeach Clinton, a Democrat.

The Senate now has 53 Republicans, 45 Democrats and two independents who usually vote with Democrats. Conviction and removal of a president would requires 67 votes. So that means for Trump to be impeached, at least 20 Republicans and all the Democrats and independents would have to vote against him.

WHO BECOMES PRESIDENT IF TRUMP IS REMOVED?

A Senate conviction removing Trump from office would elevate Vice President Mike Pence to the presidency to fill out Trump’s term, which ends on Jan. 20, 2021.

(Reporting by Jan Wolfe and Richard Cowan; Editing by Kevin Drawbaugh and Peter Cooney)

Source: OANN

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