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Booming Texas Economy May Usher in a Democratic Win in 2020

LAGOS (Capital Markets in Africa) – The booming economy that helped the Lone Star State weather the 2008 recession has also sparked a migration there that’s changing the face of Texas politics. The workers who’ve moved to Texas for jobs in the energy and tech sectors are more liberal than Texas natives, slowly turning the deep-red state into a richer purple. Democrats now find themselves close enough to winning Texas that they’ve scheduled the third…

Trump Denies Calling Haiti, African Nations `Shithole’ Places

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – President Donald Trump on Friday denied labeling Haiti, El Salvador and African nations “shithole countries” during an Oval Office meeting with senators on immigration, despite accounts of three people briefed on the conversation. “The language used by me at the DACA meeting was tough, but this was not the language used,,’ Trump said in a Twitter posting on Friday morning, using an acronym for the Deferred Action for Childhood Arrivals, a program protecting…

Supreme Court Lets Trump Travel Ban Take Full Effect for Now

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – A divided Supreme Court let President Donald Trump’s ban on travel to the U.S. from six mostly Muslim countries take full effect while legal challenges go forward, handing him a major victory and suggesting the court ultimately will uphold the restrictions. Trump will now be able to bar or limit entry by people from the Mideast and North African nations even if they have a relationship with a U.S.-based person…

Comey Leaves Trump Under a Crippling `Cloud’ of Investigations

Posted on by The Editorial Team

WASHINGTON (Capital Markets in Africa) – Donald Trump’s White House had feared the worst from former FBI Director James Comey’s testimony – the revelation of what one close associate called a “salacious bomb” that would send the investigations off into entirely new, and entirely unpredictable, directions. It never came, as Comey mostly hewed to previously reported details. But calmly, carefully, Comey actually might have done something just as dangerous. Ex-FBI chief James Comey testifies to Congress. Here’s what…

Military wins in first Trump budget; environment, aid lose big

Posted on by The Editorial Team

WASHINGTON (Capital Markets in Africa) – President Donald Trump will ask the U.S. Congress for dramatic cuts to many federal programs as he seeks to bulk up defence spending, start building a wall on the border with Mexico and spend more money deporting illegal immigrants. In a federal budget proposal with many losers, the Environmental Protection Agency and State Department stand out as targets for the biggest spending reductions. Funding would disappear altogether for 19…