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Half of Republicans will dump Trump support if he’s convicted

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A recent Reuters/Ipsos poll revealed that about 50% of Republicans would not support Donald Trump in the 2024 U.S. presidential election if he were convicted of a felony.

The poll results highlight the significant risks posed to his candidacy due to ongoing legal challenges.

The former president, currently leading the Republican nomination race for the November 2024 presidential election, is facing federal charges for allegedly orchestrating a conspiracy to overturn the 2020 election results. In addition to this, he is embroiled in two other criminal cases – one involving hush money payments to an adult film actress in a New York state court and another in federal court, where he is accused of retaining sensitive national security documents after leaving office in January 2021.

The two-day Reuters/Ipsos poll asked respondents whether they would vote for Trump in the next presidential election if he were “convicted of a felony crime by a jury.” Among Republicans, 45% said they would not vote for him, whereas 35% expressed their support. The remaining respondents were undecided.

Will he go to jail?

When asked if they would vote for Trump if he were “currently serving time in prison,” 52% of Republicans said they would not, compared to 28% who said they would.

Trump vehemently denies all charges and claims that the prosecutions are part of a politically motivated “witch hunt” aimed at derailing his campaign. The cases against him have been brought by the U.S. Department of Justice, which is under the leadership of Democratic President Joe Biden, but efforts have been made to ensure the investigations remain free from political influence. The New York state case is being led by an elected Democratic prosecutor.

The poll indicated that a significant portion of Republicans sympathize with Trump’s allegations of political persecution. Approximately 75% of Republican respondents agreed that the charges against Trump were politically motivated, while 20% disagreed, and the rest were unsure.

Election fraud

Additionally, around two-thirds of Republicans, or 66%, found the latest indictment against Trump, accusing him of soliciting election fraud, as “not believable.” Conversely, 29% found it believable, and the remainder were uncertain.

The survey also revealed that Republican respondents would be more inclined to withhold their votes from an unnamed convicted felon than from Donald Trump. When asked about how a felony conviction would affect their voting choices in a hypothetical scenario, 71% of Republicans stated they would not vote for the convict, whereas 52% said they would not vote for Trump in such a situation.

Despite the legal challenges, Trump’s popularity within the Republican nomination contest has risen since the first charges were filed in April. He now holds a significant lead over his closest rival, Florida Governor Ron DeSantis, maintaining 47% of Republican support as seen in a July poll, while DeSantis’ share has slipped to 13%.

The Reuters/Ipsos poll was conducted nationwide and gathered responses from 1,005 U.S. adults via an online platform. The credibility interval, indicating precision, was approximately four percentage points.

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Wall St faces corporate earnings wave amid stock rally

Stocks rally faces earnings wave as investors wary of AI trade, Fed rate cuts, and weak labour market amid US shutdown

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Stocks rally faces earnings wave as investors wary of AI trade, Fed rate cuts, and weak labour market amid US shutdown

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In Short:
– U.S. stocks rally continues, raising concerns over AI trade and potential Fed interest rate changes.
– S&P 500 profits expected to rise 13.8%, but high market valuations create caution among investors.
U.S. stocks maintain a rally amid a busy week for corporate earnings, raising investor concerns over the strength of the artificial intelligence trade and potential Federal Reserve interest rate adjustments.The S&P 500 ended October with a 2.3% monthly increase and its sixth consecutive month of gains.

However, mixed results from major companies have cast doubt on future interest rate cuts after the Fed eased rates by a quarter point on Wednesday. Fed Chair Jerome Powell signalled that a cut at December’s meeting is uncertain, contrary to investor expectations.

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Third-quarter earnings have exceeded expectations, with S&P 500 profits projected to rise by 13.8% year-over-year. Over 130 companies are set to report results in the coming week.

Market Valuation

The S&P 500’s forward price-to-earnings ratio has exceeded 23, raising concerns about high market valuations reminiscent of the dot-com era. Analysts suggest earnings must support future stock returns given current valuation levels.

Historically, November is a strong month for stocks, averaging a gain of 1.87%. Future performance trends may indicate continued upward movement, as past instances show stocks often rise after substantial year-to-date gains.

With 44% of S&P 500 companies reporting, 83% have surpassed earnings expectations, signalling strong corporate performance despite challenges. Companies such as Meta Platforms and Microsoft saw share declines post-earnings due to increased spending on AI, while Alphabet’s stock rose amid positive sentiment regarding its cash flow management.

Investors maintain caution due to rising workforce reductions, particularly after Amazon announced a significant global workforce decrease. The ongoing U.S. government shutdown, now the second longest in history, adds uncertainty as critical economic data releases are delayed.


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Ukraine targets and destroys key Russian fuel pipeline

Ukraine hits critical Russian fuel pipeline, delivering major logistics blow near Moscow during intensifying energy warfare

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Ukraine hits critical Russian fuel pipeline, delivering major logistics blow near Moscow during intensifying energy warfare

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In Short:
– Ukraine targeted and damaged the Koltsevoy fuel pipeline supplying Russian forces on October 31.
– Russian attacks on Ukrainian energy infrastructure escalated, resulting in civilian casualties.
Ukraine’s military intelligence has successfully targeted a key fuel pipeline supplying Russian forces near Moscow.
The attack damaged all three lines of the 400-kilometer Koltsevoy pipeline system, marking a significant setback for Russia’s military logistics.The action coincided with an escalation in Russian attacks against Ukrainian energy infrastructure, leading to multiple casualties from drone strikes that resulted in at least four civilian deaths and numerous injuries.

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The Main Intelligence Directorate (HUR) of Ukraine confirmed the operation specifically targeted the Koltsevoy pipeline located in Ramensky district. Despite robust security measures, the attack successfully disrupted a pipeline critical for transporting fuel to the Russian military.

HUR noted the pipeline had a substantial annual capacity, delivering millions of tons of jet fuel, diesel, and gasoline.

HUR chief Kyrylo Budanov stated that the damage inflicted was more substantial than international sanctions against Russia.

Energy Disruption

Ukraine’s strategy centers on disrupting Russian energy logistics to exert economic pressure. Ukraine’s forces have frequently targeted Russian fuel facilities, with officials claiming this approach is yielding greater success than economic sanctions.

Russian military actions against Ukraine intensified concurrently, with a reported 270 missile strikes in October and drone assaults resulting in significant civilian casualties.

The ongoing conflict has drawn international condemnation, particularly from the G7, which criticises Russia’s attacks as harmful to social and economic stability in Ukraine.


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How Gen Alpha are positioned to shape the future of education

Future of education: how Generation Alpha and engaged parents are shaping schools amid challenges and rapid change

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Future of education: how Generation Alpha and engaged parents are shaping schools amid challenges and rapid change

In Short:
– Future education involves increased parental engagement and adapting to technological changes for younger generations.
– Barriers to involvement include time constraints and poor communication from schools, impacting family-school relationships.
What does the future of education look like for parents and students?
On this episode of Beyond Education, Enquiry Tracker founder Greg Campitelli explores the evolving landscape of schooling with insights from Mark McCrindle, founder of McCrindle Research. McCrindle, a notable social analyst.
In the conversation, he noted significant shifts in education accessibility and the increasing need for parental involvement.
A recent study indicated that 83% of parents prioritise engagement in their children’s schooling, seeking to actively participate despite busy schedules. Parents are investing in education, valuing it highly while wanting to play a hands-on role.
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