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DAILY GEOPOLITICAL INSIGHTS: The Geopolitical News Roundup & Analysis for Wednesday 2nd August 2023 including The US - Trump Further Indicted, US Extends Invitation to Wang Yi & Fitch Slashes Rating...
Geopolitical Insights By: Iain Fraser - Associate Publisher GEO´
2nd August 2023
DAILY GEOPOLITICAL INSIGHTS: Good Morning from the GEO´ Newsroom in Gibraltar. Geopolitical Insights for Wednesday, 2nd August 2023 - US Dominates the World news this morning including Trump further indicted for his 2020 attempt to overturn Presidential Election Result, and Credit Agency Fitch downgrades US credit Rating ... Read Full Story & Analysis | This is a fluid news story - follow updates via @GEO_IntelDesk on Twitter using Hashtag #GEOInsights.
TRUMP FURTHER INDICTED
Former US President & 2024 Presidential "candidate" Donald Trump is never far away from controversy and consequential "column inches" but his legal woes are mounting with US Prosecutors accusing him formally of attempting to obstruct "a bedrock function" of democracy as he tried to cling on to the Presidency. In a short Press statement by Special Counsel - Jack Smith detailed four "felonies" some of which carry up to 20 years imprisonment, however all this alleged criminality has done nothing to dent his popularity ... Read Full Story & Analysis | This is a fluid news story - follow updates via @GEO_IntelDesk on Twitter using Hashtag #Trump
US EXTENDS OLIVE BRANCH TO "NEW" CHINESE MINISTER
Following on from the controversy surrounding the rapid and as yet unexplained departure of China leading light Qin Gang and the re-appointment of "safe pair of hands" Wang Yi as Foreign Minister; an olive branch has been formally extended to Yi to visit Washington (The same that was offered to Gang during his limited tenure) in an attempt to go someway toward unfreezing relations with China ... Read Full Story & Analysis | This is a fluid news story - follow updates via @GEO_IntelDesk on Twitter using Hashtag #WangLi
CREDIT AGENCY SLASHES US RATING
In an historical move, only the second time in US history, US Credit Rating Agency Fitch has downgraded the US Credit Rating as a result of what Fitch has termed "a deterioration of standards of governance" Fitch, one of the three main credit reference agencies, yesterday (1 August 2023) cut Washington´s rating from AAA (The Highest rating) to AA+ reflecting US global risk exposure ... Read Full Story & Analysis | This is a fluid news story - follow updates via @GEO_IntelDesk on Twitter using Hashtag #USRating
Image Credit: Gage Skidmore
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