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China On Trump Presidency: We will Respond With Strength

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China, will respond with strength

Speaking through Global Times, China published its first reaction to Trump’s presumptive position as the Republican nominee and their expectations of Clinton vs Trump fight for The White House.

The GOP presidential front-runner Donald Trump won a sweeping victory in the Indiana Republican primary on Tuesday, dealing a heavy blow to his rival Ted Cruz, who dropped out of the race later that night. Trump cleared his way to the Republican nomination for the 2016 US presidential election. Chairman of the Republican National Committee Reince Priebus declared Trump to be the party’s “presumptive” presidential nominee and called for unity against Hillary Clinton.

Trump’s breakthrough in the Republican primaries has caused a sensation in US politics, public discourse and the international community. At the beginning of the race, most analysts and observers believed that Trump was no more than a clown. A few months ago, few people believed that the endgame would be between Trump and Clinton.

Although many analysts still insist the odds are in favor of Clinton, they are somewhat uncertain about the final result. Trump’s performance in the primaries has proven them wrong. Why can’t the unstoppable candidate prove them wrong again?

If Trump really captures the White House, what will it mean? This scenario is becoming increasingly serious.

The US traditional political elite and media have long ignored the drastic changes in US society. Rising against the repression of the GOP establishment and the mockery of US mainstream media, Trump will substantially shake the conventional US’ way of operation. Acquiring more authority from US society, he will be expected to bring in more reforms, that might change many established policies.

According to Trump’s current policy proposals, a Trump-led US might be inclined to isolationism and attach more importance to “America First,” and American economy. Ideology will be downplayed. Washington might engage in more squabbles with its free-riding allies, and tighten up its immigration policy which as a result will upset the Latin Americans. After enjoying massive trade surplus from the US for years, China and Japan will be demanded by Washington to widen market access.

If Clinton is elected, the US politics will be more predictable and revolve around the previous orbit. Although Washington is expected to be tougher on Beijing, its policies are controllable. While Trump represents pragmatism, Clinton prioritizes ideology in political affairs. To China, this distinction is more important. Clinton sees the Sino-US relationship from a traditional perspective, and Trump from a much newer viewpoint. The latter will bring changes to the Sino-US relationship.

However, a single individual is unable to dictate the Sino-US relationship and the US domestic issues. If elected, Trump will be restricted by interior and exterior realities. As a result, he will be subject to “transformation.” In fact, the “transformation” is an interaction between Trump and the US. He will be more prudent if taking office in the White House. In fact, compared with the past, Trump has become more attentive to his words.

If elected as the president, Trump’s ability to take action and make change will not be as great as suggested by his unrestrained performances. He has already “created history” today. Even if he is defeated by Clinton, Trump has deeply impressed the US politics.

The US election pattern is basically finalized: Trump versus Clinton. It will be a super political show, attracting unprecedented attention and closely bound up to the world interests. While Trump is a practical business tycoon subverting US political correctness, Clinton is a former secretary of state and former first lady, representative of US political correctness and the mainstream thoughts.

Improving strength is the most reliable way to respond to the US uncertainties. We believe that no matter Trump or Clinton, they will see a “China with strength” from different perspectives.

It appears China favours the possibility of a Clinton presidency, while not fearing unrestrained Trump, is more than willing to responsible to the outcome with “strength”.

 

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Court of Appeal Upholds Adeleke’s Victory in Osun State Governorship Election

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Ademola Adeleke

In a landmark judgement, the Court of Appeal sitting in Abuja has affirmed the victory of Senator Ademola Adeleke as the rightful governor of Osun State.

The ruling, which comes as a surprise to many, overturned the decision of the Osun State Governorship Tribunal which had earlier nullified Adeleke’s election victory.

Following the governorship polls in the state, an Election Petition Tribunal had sacked Adeleke from office, citing his failure to secure the majority of lawful votes during the July 16 governorship polls. However, in a unanimous agreement by a three-man panel led by Justice Mohammed Shuaibu, the Court of Appeal quashed the tribunal’s judgment and gave its verdict to uphold Adeleke’s victory.

The Appeal Court Panel revoked the tribunal’s order which directed that a Certificate of Return be withdrawn from Adeleke and issued to his predecessor and All Progressives Congress (APC) candidate, Gboyega Oyetola. The panel held that the Osun State Tribunal was wrong to have said that there was overvoting, a claim that only relied on the evidence by Oyetola and the APC, and as such, doesn’t prove their case in any way.

The judge faulted Oyetola and APC, that they only relied on the data from the back end server and failed to look at the voters register which forms the foundation of the whole electoral process and as such, cannot strengthen their allegations of overvoting. The court also resolved in favour of Adeleke on the issue of jurisdiction, stating that section 285(8) of the constitution as amended, the court has every right to entertain the appeal.

The ruling is a significant victory for the Peoples Democratic Party (PDP) and Adeleke, who had been locked in a legal battle with the APC over the governorship position since the election. Many Nigerians have applauded the Court of Appeal’s decision as a step towards consolidating the country’s democracy and upholding the rule of law.

The decision has also set a precedent for future electoral disputes in the country, as it highlights the importance of credible evidence in proving electoral malpractice claims. This ruling has shown that allegations of overvoting cannot be sustained without concrete evidence from the voters register, and political parties must be thorough in their investigations and presentation of evidence in such cases.

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NIMC: Presidential Council Faults N1000 NIN Fee, Demands Review 

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The recently announced N1000 National Identification Number (NIN) verification fee for the application, issuance and renewal of international passports by the National Identity Management Commission (NIMC) has been criticised.

The Presidential Enabling Business Environment Council, PEBEC faulted the mandated charge and called for a review.

Investors King had earlier reported that NIMC declared that Nigerians living in the country will pay N1000, while Nigerians residing in other African countries will pay $3 or its equivalent in other currencies and those in other continents across the world will pay $10 or its equivalent in other countries as NIN verification fee for application, issuance and renewal of their international passports.

Reacting to the development, the Special Adviser to the President on Ease of Doing Business/PEBEC Secretary, Jumoke Oduwole, in a statement, emphasised the need for a review to make citizens enjoy quicker and less expensive government services.

Oduwole, who commended the collaboration between NIMC and Nigerian Immigration Service (NIS), said such a partnership will enhance passport services.

She noted that stakeholders are not impressed with the extra charge to be paid for the NIN verification before they can process their passports.  

According to her, the outline of the Business Facilitation (Miscellaneous Provisions) Act 2022 signed into law by the President Muhammadu Buhari on February 8, 2023 states that where an applicant requires the service of a ministry, department or agency, the MDA involved is mandated to conduct the necessary verification or certification from relevant MDAs, in respect of the applicant.

Investors King understands that PUBEC was set up in 2016 by President Buhari with the aim of curbing hectic bottlenecks and bureaucratic limitations accompanied with owning and managing business enterprises in Nigeria. 

The chairman of the council is the vice president, Prof. Yemi Osinbajo. PUBEC has since its existence periodically issued EO1 Compliance Reports containing monthly reports of Ministries, Departments and Agencies submitted to the council.

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INEC Considers Postponement of Governorship and State Assembly Elections Amidst Legal Battles

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BVAS Machine

The Independent National Electoral Commission (INEC) is currently considering the possibility of postponing the upcoming governorship and state assembly elections, following the legal battles that have arisen from the recent presidential and national assembly polls.

INEC is expected to make a decision on the issue during a meeting of its national commissioners, scheduled for Wednesday night.

Investors King understands that the legal battles revolve around the extraction of data embedded in the bimodal voter accreditation system (BVAS) and the inspection of other election materials.

The presidential candidate of the Labour Party (LP), Peter Obi, and the standard bearer of the Peoples Democratic Party (PDP), Atiku Abubakar, have filed similar applications seeking to obtain the certified true copy (CTC) of all the data in the BVAS.

INEC has opposed the applications, arguing that granting them would affect its preparations for the forthcoming elections.

Tanimu Inuwa, counsel to INEC, has asked the court to vary the orders granting permission to Obi and Atiku to inspect all the sensitive materials used in the conduct of the presidential election.

However, the court has refused to grant INEC’s request, stating that the commission failed to specify which of the orders it wished to vary.

The court has clarified that it granted Obi and LP permission to do electronic scanning and/or make photocopies of voter registration and ballot papers used in the conduct of the election, and not permission to access the database of INEC, as misconceived by the electoral body.

Given the legal battles and the possible impact on preparations for the forthcoming elections, INEC is now considering postponing the governorship and state assembly elections.

This decision, if taken, would have significant implications for the electoral process and could further heighten tensions in the country.

The ongoing legal battles highlight the need for all stakeholders to work together to ensure a free, fair and credible electoral process. It is essential that INEC and other stakeholders prioritize the integrity of the electoral process over political expediency and work towards resolving these legal disputes in a timely and transparent manner.

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