Thursday, 12 December 2019

Thursday Morning Briefing: Democrats look to approve impeachment articles

Top Stories

Democrats look to approve impeachment articles The Democratic-controlled committee is expected, over Republican objections, to approve two formal articles of impeachment, which will allow a vote by the House next week that is likely to result in Trump becoming the third president in U.S. history to be impeached.

Reuters Investigates: Sisi’s Script By buying up TV channels, creating a tough new censor and curbing edgy news and entertainment, Egypt's President Abdel Fattah al-Sisi has taken an even tighter grip on Egypt than his predecessor.

Trump poised for Supreme Court battle over financial records The Supreme Court may have a conservative majority that includes two justices appointed by President Donald Trump, but his efforts to shield his tax returns and other financial records from scrutiny still face an uncertain future.

U.S. watchdog finds $6.7 billion in questionable Medicare payments to insurers Health insurers selling Medicare Advantage plans to seniors and the disabled received an estimated $6.7 billion in 2017 after adding diagnoses to patients’ files that were not supported by their medical records, according to a report released by the Health and Human Services.

World

UK votes to decide the fate of Brexit, again Voters went to the polls in an election that will pave the way for Brexit under Prime Minister Boris Johnson or propel Britain towards another referendum that could ultimately reverse the decision to leave the European Union.

New Zealand volcano toll seen at 16 Police in New Zealand are planning a mission to volcanic White Island on Friday to retrieve bodies of people killed in this week’s eruption, while the known death toll from the disaster climbed to eight, with two people dying in hospital.

Israel to hold March 2 election, its third in less than a year Israel will hold an election on March 2, its third in less than a year after Prime Minister Benjamin Netanyahu and his main rival failed to parlay the previous two ballots into a new coalition government. The next election, however, will be held in the shadow of a corruption indictment handed down against Netanyahu last month.

Business

Aramco tops Saudi Crown Prince's $2 trillion target

Saudi Aramco topped the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman as the state-owned oil firm’s shares soared for a second day, defying some skepticism about their long-term value.

5 min read

Shipping industry sails into unknown with new rules

To reduce emissions of toxic sulphur that cause premature deaths, shipowners who have long relied on the dirtiest residues of oil extraction will have to either switch to low-sulphur fuel or install exhaust gas cleaning systems from Jan. 1.

5 min read

Wall Street, Fed prep to avoid year end disruption

With memories of September’s historic spike in short-term funding costs still raw, Wall Street and the Federal Reserve are gearing up for another potential cash crunch at year end.

6 min read

'Black Swan' index flashes yellow

The options-based Black Swan index may be signaling surging demand from investors for protection against a stock market crash, but Wall Street analysts see little reason to panic.

2 min read

Top Stories on Reuters TV

U.S. lawmakers take steps toward impeachment

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