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Wall Street analysts cut 737 MAX delivery forecast

FILE PHOTO: Boeing logo at their headquarters in Chicago
FILE PHOTO: The Boeing logo is seen at their headquarters in Chicago, in this April 24, 2013 file photo. REUTERS/Jim Young/File Photo/File Photo

April 8, 2019

(Reuters) – Boeing Co is now unlikely to deliver more than 500 of its 737 MAX planes to customers this year, and even that will depend on a swift removal of an effective halt in deliveries after June, Wall Street analysts said on Monday.

Deliveries of Boeing’s best-selling aircraft have been frozen by a global grounding of the jet following the crash of an Ethiopian Airlines flight on March 10, which killed all 157 people onboard.

The company’s delivery numbers for March are due to be published on Tuesday and are expected to show customers took less than half of a previous consensus estimate of 46 planes as the groundings prevented flights. An estimate for March last week from another brokerage, Baird, was as low as 19 planes.

Yet Wall Street has been slow to draw conclusions about what that means for how many 737 MAX aircraft Boeing will deliver to customers this year and how many it will have to keep on its own books – even after announcing on Friday it will cut production by 10 planes a month or roughly 20 percent.

Of five well-known brokerages that produce estimates for Boeing’s full-year numbers, Cowen and Jefferies cut their 2019 delivery forecast following Boeing’s decision to lower production.

Cowen now expects full-year deliveries of “around 500”, down from its earlier forecast of 630 737 MAX jets. Jefferies expects Boeing to deliver 497 737 MAX planes, down from 580.

Cowen analysts said in a note that, to deliver even 500 MAX jets this year, Boeing would have to ramp up deliveries to foreign airlines swiftly in the second half.

“It looks like BA won’t deliver its MCAS fix to the FAA until late April and the FAA will have to test the fix before approving it and lifting the grounding,” Cowen and Co analysts said.

“This could delay a resumption of MAX deliveries to U.S. carriers (10% of backlog or ~480 planes) until June … foreign deliveries may not resume until Q3 or possibly Q4,” they added.

The brokerage said while the production rate cut should help resolve the “MAX crisis”, limiting the risk of a massive inventory build-up, it would mean a large 2019 cash hit.

Cowen and Co also reduced its price target on the world’s largest planemaker to $460 from $475 per share.

For a graphic on Boeing shares after second fatal crash, see – https://tmsnrt.rs/2D4i2vp

Analysts have also indicated that Boeing will bear a financial penalty for direct costs such as customers concessions and productivity loss from disruptions associated with the fleet grounding.

Of the 26 analysts covering Boeing, four now have a “hold” rating on the stock, according to Refinitiv Eikon data, while two rate it as “strong sell”.

The grounding on 737’s has so far wiped off nearly $25 billion from Boeing’s market value, making it one of the worst performers on the Dow Jones Industrial Average this year.

Boeing’s decision to cut the production of its 737 aircraft hit the shares of its suppliers on Monday, while its European rival Airbus rose.

For a graphic on Suppliers after second Boeing crash, see – https://tmsnrt.rs/2DeeqXZ

(Reporting by Karina Dsouza and Noor Zainab Hussain in Bengaluru; Editing by Anil D’Silva)

Source: OANN

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Mueller would ‘almost be guilty of treason’ if he withheld evidence that Trump was blackmailed by Kremlin: Greenwald

Glenn Greenwald, co-founding editor of The Intercept was interviewed Monday on "The Ingraham Angle" and said that if special counsel Robert Mueller has evidence that President Trump is indeed a  Russian agent or somehow controlled by the Kremlin, he should reveal it.

"The overriding theme of the Democrats for two-and-a-half years, going back to the 2016 election, as I said earlier, is that Donald Trump is blackmailed by or controlled by the Kremlin and forced to do things against the interest of his own country, the United States, and in favor of this foreign adversary," he said. "Now, if that were true at all, if Robert Mueller had any evidence of that and hasn't shown it to us, he would almost be guilty of treason."

Host Laura Ingraham asked Greenwald about his thoughts on House Speaker Nancy Pelosi backtracking on her admission that Trump was "not worth it" to impeach.

Greenwald said if Pelosi truly believed Trump is serving the interest of Russia, and decides that there's no rush to remove the commander-in-chief from office "you'd wonder does Putin have something on Pelosi, too?

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"Why would you leave in place somebody controlled by the Kremlin for two years if you really believed it, if you really have evidence for it?" Greenwald asked.

Source: Fox News Politics

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Erdogan again airs attack video at rally despite criticism

Ignoring widespread criticism, Turkish President Recep Tayyip Erdogan on Tuesday again showed excerpts of a video taken by the attacker who killed 50 people in mosques in New Zealand, to denounce what he called rising hatred and prejudice against Islam.

Speaking at a campaign rally in the northern town of Eregli, Erdogan also criticized New Zealand and Australia for sending troops to Turkey in the World War I Gallipoli campaign, claiming their motive was anti-Islam-oriented. He called on New Zealand to amend its laws to ensure that the attacker is severely punished.

"What business did you have here? We had no issues with you, why did you come all the way over here?" Erdogan said. "The only reason: we're Muslim, and they're Christian."

Erdogan told supporters: "If New Zealand fails to hold the attacker accountable, one way or another we will hold him to account."

Since the weekend, the Turkish leader has been using clips of the Christchurch attack to denounce Islamophobia during campaign rallies, as he tries to stoke nationalist and religious sentiments ahead of March 31 local elections.

The video, which was blurred but had clear sounds of automatic gunfire, has been shown to thousands of people at the rallies and aired live on Turkish television, despite efforts by New Zealand to halt its spread.

The video prompted widespread condemnation. Facebook said it removed 1.5 million versions of the video in the first 24 hours after the attack.

Turkey's main opposition party has also criticized Erdogan for showing the clip "for the sake of (winning) three or five votes" at the elections.

New Zealand Foreign Minister Winston Peters said Monday he told his Turkish counterpart the video doesn't represent New Zealand. Peters is due in Turkey later this week to attend a meeting of the Organization of Islamic Cooperation in Istanbul as an observer.

The New Zealand Embassy in Ankara also said Peters had raised the issue with a Turkish delegation in New Zealand. It said the embassy in Ankara and as well as other embassies worldwide had requested that media outlets not show the footage.

In inflammatory comments on Monday, Erdogan suggested that anyone who comes to Turkey with anti-Muslim sentiments would be sent back in coffins, "like their grandfathers were" during the Gallipoli campaign. He made the comments in Canakkale province, northwestern Turkey which is home to the historic battlefields, on the anniversary of a World War I Turkish naval victory.

Hundreds of New Zealanders and Australians travel to Canakkale each year for Anzac Day on April 25, to mark the start of the battle of Gallipoli and to commemorate the dead.

Source: Fox News World

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Iranians prepare for holiday of Nowruz, or Persian New Year

Iranians are preparing for the annual Nowruz holiday that marks the Persian New Year and the arrival of spring.

The holiday, dating back to at least 1700 B.C. and ancient Zoroastrian traditions, is the most important event in the Iranian calendar and is widely celebrated forms across the territories of the old Persian empire, from the Mideast to Central Asia.

Many Tehran residents were busy on Wednesday shopping and preparing to host family and friends over Nowruz. Street vendors pop up every year in crowded city areas, offering lower prices.

Iran is facing an economic crisis in the wake the U.S. pullout from the nuclear deal with Tehran and re-imposed sanctions. Iran's currency, the rial, has plummeted, sending prices skyrocketing and wiping out many people's life savings.

Source: Fox News World

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President of Ukraine praises way Trump handles Putin

The president of Ukraine Friday strongly endorsed  President Donald Trump’s leadership and the way he handles Russian President Vladimir Putin.

“I think that this administration does an excellent, a great job. This is not an assumption,” Ukrainian President Petro Poroshenko said on Fox News’ “America’s Newsroom.” “I have a feeling that this U.S. administration clearly understands the possible danger of Putin.”

Poroshenko spoke out against Putin’s hostilities toward his country and said Putin’s only goal was to re-establish the glory of the “Russian Empire.”

“He wants to renew, to restore the Russian empire, the Soviet Union and he does not have any red line for reaching these results,” Poroshenko told co-host Bill Hemmer.

Wednesday marked five years since a popular uprising that resulted in a massacre in which nearly 100 protesters died and many were wounded. The protesters were supporting a trade agreement with the European Union that pro-Moscow president Viktor Yanukovych refused to sign.

Asked whether it is possible for President Trump to have a working relationship with Putin, “I think it’s possible to speak with Putin only with the position of strength” the Ukrainian leader told Hemmer, saying that sanctions and a strong global coalition were necessary.

“With this situation I am confident that only strong U.S., the global leadership of the United States and the leadership of President Trump can keep the world safe.” Porochencko said.

Source: Fox News World

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‘Avengers: Endgame’ movie directors plead: ‘Don’t spoil it’

FILE PHOTO: Directors Joe and Anthony Russo pose for a portrait while promoting the film
FILE PHOTO: Directors Joe (L) and Anthony Russo pose for a portrait while promoting the film "Avengers: Endgame" in Los Angeles, California, U.S., April 6, 2019. REUTERS/Mario Anzuoni

April 16, 2019

LOS ANGELES (Reuters) – The directors of “Avengers: Endgame” pleaded with fans on Tuesday not to spoil the movie by giving away storylines after reports that some scenes had leaked online.

In an open letter posted on Twitter under the hashtag #DontSpoilTheEndgame, Joe and Anthony Russo said they and the vast cast of the upcoming Marvel superhero movie “have worked tirelessly for the last three years with the sole intention of delivering a surprising and emotionally powerful conclusion” to the saga.

“When you see Endgame in coming weeks, please don’t spoil it for others, the same way you wouldn’t want it spoiled for you,” they added.

Walt Disney Co’s “Avengers: Endgame” marks the conclusion of a story told across 22 Marvel films. The plot has been shrouded in secrecy, with no advance screenings for the entertainment press. Sales of advance tickets earlier this month surpassed those of 2015 movie “Star Wars: The Force Awakens.”

The film, which brings together multiple comic book characters, starts its rollout on April 24 in Australia and China before arriving in the United States on April 25.

Some fans said on Tuesday they had seen brief, grainy scenes on Reddit, YouTube and other platforms, but the footage was swiftly removed. Reuters has not seen the leaked scenes and Disney declined to comment.

The #DontSpoilTheEnding hashtag was one of the top Twitter trends on Tuesday. Some fans who said they had viewed the leaks said they only increased their anticipation for the movie.

“I was upset for about 0.2 seconds then realized how cool it was and it made me so hyped,” a person with the user name thestaggie posted on Reddit.

Chris Smith, a contributor to the BGR.com entertainment and tech news site, wrote that he had seen a leak but that it “doesn’t really give away the ending” of the movie, although it contained scenes that had not been shown in any of the trailers or official clips released so far.

“I don’t consider that the leak has actually ruined the movie for me. It just makes me want to watch it even more than I already did,” wrote Smith.

(Reporting by Jill Serjeant; Editing by Peter Cooney)

Source: OANN

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Exclusive: Deutsche Boerse nears $3.5 billion deal to buy Refinitiv’s FXall – sources

FILE PHOTO: The German share prize index (DAX) board is seen at the end of a trading day at the German stock exchange (Deutsche Boerse) in Frankfurt
FILE PHOTO: The German share prize index (DAX) board is seen at the end of a trading day at the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. REUTERS/Kai Pfaffenbach

April 10, 2019

By David French, Andreas Framke and Arno Schuetze

NEW YORK/FRANKFURT (Reuters) – German stock exchange operator Deutsche Boerse AG is in advanced talks to buy FXall, a foreign exchange electronic trading platform owned by data provider Refinitiv, for about $3.5 billion, people familiar with the matter said on Wednesday.

The deal would further diversify Deutsche Boerse’s business beyond stock trading, while enabling Refinitiv to trim its debt pile following its acquisition last year by a consortium led by Blackstone Group LP in a $20-billion leveraged buyout.

If the negotiations conclude successfully, a deal could be announced as early as next week, the sources said, asking not to be identified because the matter is confidential.

Deutsche Borse declined to comment, while Refinitiv did not immediately respond to a request for comment.

FXall has more than 2,300 institutional clients who are trading foreign exchange on its platform, offering more than 500 different currency pairs through methods including on-the-spot trading, forward and option contracts, according to its website.

Deutsche Borse, operator of the Frankfurt Stock Exchange, has been seeking new avenues for growth, as the profitability of facilitating trades is eroded by new digital rivals and the rise of passive investment funds that track indices.

On Tuesday, Deutsche Borse announced it would buy risk management software provider Axioma for $850 million, with plans to merge it with its existing index business to create a new analytics firm.

Deutsche Boerse’s Global Head of FX, Carlo Koelzer, was quoted by the Handelsblatt business daily on Apr. 1 saying that the firm would be interested in buying FXall, should it ever come up for sale.

Blackstone acquired a 55-percent stake in Refinitiv last year from information provider Thomson Reuters Corp, the parent of Reuters News.

Thomson Reuters retains a 45 percent stake in Refinitiv, which provides financial information, security pricing, analytics, risk management and compliance support tools. Refinitiv took on $13.5 billion in debt as part of its leveraged buyout, according to Moody’s Investors Service Inc.

(Reporting by David French in New York and Andreas Framke and Arno Schuetze in Frankfurt; Editing by Nick Zieminski)

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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