4, November 2017
US professor predicts Trump will be impeached within a year 0
US President Donald Trump will be impeached within a year, says an American professor, who correctly predicted Trump’s election victory, long before most Americans considered it a possibility.
Allan Lichtman, a distinguished professor of history at American University, wrote in an essay for the TIME magazine that Trump is closer to impeachment than ever.
Lichtman argued that the reason for the possible impeachment lies with the indictments recently handed down by special counsel Robert Mueller, who is investigating an alleged collusion between Trump’s campaign and Russia.
“Already, Mueller’s filing in federal court of just partial information from his plea deal with [former campaign staffer George] Papadopoulos, contains stunning new revelations,” Lichtman wrote.
Papadopoulos pleaded guilty on Monday in a federal court to having lied to the FBI about his contacts with Russia while working on Trump’s campaign. He had met with Russian officials in 2016 and was offered damaging information about Clinton in the form of “thousands of emails,” court records revealed.
Lichtman said the most stunning of these revelations is the suggestion that Trump likely knew about Papadopoulos’s attempts to reach out to Russian officials.
Trump’s former presidential campaign chairman Paul Manafort and his lobbying associate Richard Gates were also indicted late last month, on multiple counts as a part of the FBI’s special inquiry into the allegations.
They are facing charges of conspiracy, failure to register as foreign agents, failing to report foreign bank accounts to the federal government and money laundering.
Lichtman said the president should be concerned, because there are new revelations that suggest Trump likely knew about some of his staffer’s attempts to reach out to Russian officials.
“These revelations may not by themselves establish the case for impeachment, but Mueller’s investigation is still in its early stages,” he wrote.

Trump has repeatedly denied allegations that his campaign colluded with Russians and has condemned the investigations. Russian President Vladimir Putin has also denied the allegations.
American intelligence agencies claim that Russia interfered last year in the US presidential election to try to help Trump, who was then the Republican Party’s presidential candidate, defeat Democratic nominee Hillary Clinton.
Source: Presstv






















5, November 2017
IMF Staff Team Completes Review Visit to La Republique 0
IMF team reached a staff level agreement with the authorities on policies that could support approval of the first review. Growth is decelerating, mostly due to weaker oil production.
The team and authorities agreed on the need to implement without delays measures to strengthen the financial sector, enhance the business environment to boost private sector investment and economic diversification, and achieve a more inclusive growth.
An International Monetary Fund (IMF) team, led by Ms. Corinne Deléchat, visited Yaoundé from October 24 to November 3, 2017 to conduct discussions for the first review of the program supported by an Extended Credit Facility (ECF) that was approved in June this year.
At the conclusion of this visit, Ms. Deléchat issued the following statement:
“The IMF team reached staff level agreement with the authorities on economic and financial policies that could support approval of the first review of their three-year program under the ECF. The IMF Executive Board is expected to consider the first review mid-December 2017. The completion of the first review would enable a second disbursement of SDR 82.8 million (about US$116.3 million).
“The country’s economic program has remained on track, despite a challenging backdrop. All quantitative performance criteria under the program for end-June 2017 have been met. In addition, all structural benchmarks through end-October have been implemented except for two, which have been modified. The authorities have also implemented measures to improve revenue mobilization, increase transparency of budget execution, enhance cash management and maintain financial sector stability.
“Growth is decelerating, mostly due to weaker oil production. Growth for 2016 has been revised downward slightly from an earlier estimate of 4.7 percent to 4.5 percent. For 2017, growth is projected at 3.7 percent, while inflation is expected to remain low, falling to 0.5 percent. The fiscal deficit should decrease as projected from 6.2 to 3.1 percent of GDP in 2017 despite a shortfall in oil revenue, which will be mostly offset by a reduction in current spending.
“The draft 2018 budget envisages a further reduction of the budget deficit to 2.3 percent of GDP, in line with the objectives of the ECF-supported program. To reach this target, the authorities will implement a set of measures to strengthen revenue mobilization by continuing to widen the tax base while continuing to rationalize and enhance the quality of public spending. In particular, the authorities intend to strictly prioritize public investment, focusing on current priority infrastructure and related projects, and projects with a high socio-economic impact.
“The team highlighted the importance of containing new borrowing, particularly on non-concessional terms, to preserve debt sustainability. The large stock of contracted but yet undisbursed debt is a symptom of remaining weaknesses in project preparation and implementation, amid an ambitious public investment program. The team encouraged the authorities to promptly implement the measures they have identified to reduce this backlog and ensure higher project execution rates going forward.
“The IMF team welcomed the reform momentum in public financial management and discussed key reforms that have been highlighted by the recent Public Expenditure and Financial Accountability (PEFA) analysis. In particular, the recent progress with the transposition of the six Directives on public finances harmonization in the Central African Economic and Monetary Community (CEMAC), the imposition of limits on the use of exceptional budget procedures and the preparation of a strategy to enhance the coverage of the single treasury account should help enhance the credibility and transparency of the budget. Furthermore, the team and the authorities agreed on the necessity to implement without delays measures to strengthen the financial sector, enhance the business environment to boost private sector investment and economic diversification, and achieve a more inclusive growth.
“The team met with Prime Minister Philémon Yang, Minister Secretary General at the Presidency Ferdinand Ngoh Ngoh, Minister of Finance Alamine Ousmane Mey, Minister of Economy, Planning, and Regional Development Louis Paul Motaze, BEAC National Director Jean-Marie Mani, and other senior officials and representatives of the diplomatic community, development partners and private sector.
“The team wishes to thank the Cameroonian authorities for their hospitality, cooperation, and the constructive dialogue.”