FT News Briefing Friday, October 4
Oct 4, 2019
Trump's call for China to investigate Biden stirs political chaos amid impeachment inquiries. Biden's strategic responses and new US-UK measures for police surveillance highlight the tensions. Controversial allegations about Hunter Biden’s ties to Ukraine fuel the debate, affecting voter opinions. Amidst these political dynamics, PayPal prepares to withdraw from Facebook's Libra project, signaling shifts in the digital currency landscape.
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Trump's China Request
- Donald Trump publicly requested China to investigate Joe Biden and his son Hunter.
- This follows similar requests made to Ukraine, Australia, and potentially the UK, amidst an impeachment inquiry.
Biden Campaign's Dilemma
- Joe Biden's campaign views the controversy as potentially beneficial, positioning him as the Democratic frontrunner.
- However, they also acknowledge the risk of unsubstantiated claims swaying independent voters.
Conflicting Narratives
- Trump's accusations involve Biden pressuring Ukraine to fire a prosecutor, allegedly to protect his son Hunter's business interests.
- Biden's team and international bodies counter that the pressure was part of a broader anti-corruption effort unrelated to Hunter.