The Intelligence from The Economist

Out on a ledger: Trump convicted

May 31, 2024
Kenneth Werner, a seasoned reporter at The Economist, delves into Donald Trump’s historic conviction on 34 counts of falsifying business records, the potential for appeals, and the reaction from his supporters. Joining him is John McDermott, the Chief Africa correspondent, who analyzes the ANC's possible loss of majority in South Africa's elections, examining the rise of new parties and coalition dynamics. Together, they unpack significant political shifts impacting both the U.S. and South African landscapes.
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INSIGHT

Trump's Conviction

  • Donald Trump was found guilty on 34 counts of falsifying business records.
  • This is the first time a former president has been convicted in a criminal trial.
ANECDOTE

Hush Money Payments

  • Trump's lawyer, Michael Cohen, paid Stormy Daniels $130,000 to sign a non-disclosure agreement about an alleged affair.
  • Trump reimbursed Cohen but falsely recorded the payments as legal services.
INSIGHT

Trump's Sentencing

  • Trump is unlikely to face prison time due to the low-level felonies and being a first-time offender.
  • He will appeal, delaying any potential sentence for years.
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