Trump accused of incitement, Brazil indicts Rousseff and the dangers of cupping

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Republican presidential candidate Donald Trump has sparked more outrage by suggesting his supporters could stop his Democratic rival Hillary Clinton by exercising their gun rights.

“Hillary wants to abolish — essentially abolish the Second Amendment,” Mr Trump told the crowd. “If she gets to pick her judges, [there is] nothing you can do folks. Although, the Second Amendment people — maybe there is, I don’t know.”

The comments sparked a social media storm, with many accusing the Republican candidate of calling for Mrs Clinton’s assassination.

Meanwhile, an FT/Crowdpac analysis has found that many of Barack Obama’s donors may not be as enthralled with Hillary Clinton as he is. Just 340 of the president’s top 500 financial backers have given to funds supporting Mrs Clinton. (FT, Reuters) Keep up with the 2016 race by signing up for our daily US politics email here

In the news

Impeachment reboot While the world was watching the Olympics in Rio, several hundred kilometres away in Brasilia the country’s senate revived Brazil’s impeachment process. Senators voted 59-21 to indict President Dilma Rousseff on charges of breaking budget laws. Ms Rousseff was suspended in May and a successful prosecution would bring about an end to 13 years in power for her Workers’ Party. (Reuters)

When Erdogan met Putin The leaders of Turkey and Russia vowed to restore their relationship, ending an eight-month stand-off over the Syrian conflict as economic pressures and the failed coup in Turkey drive the two countries closer together. Recep Tayyip Erdogan's choice of Russia for his first foreign trip since the failed coup led some in the west to fear that the Nato member could be drawn into Vladimir Putin’s orbit. Meanwhile, the dismissal of judges and prosecutors in the wake of the coup has left thousands of alleged coup plotters in legal limbo and could scupper plans by Mr Erdogan to extradite Fethullah Gulen, the cleric he accuses of masterminding the attempted coup. (FT, Buzzfeed)

Vietnam digs in Hanoi has discreetly fortified several of its islands in the disputed South China Sea with new mobile rocket launchers capable of striking China’s runways and military installations across the vital trade route, according to western officials. (Reuters)

Cashew crunch Bad weather and rising labour cuts have led to a sharp rise in the price of cashews. Production in 2016 could fall 4 per cent and prices have already increased by a fifth since January. (FT)

BP to sell stake in Chinese joint venture The UK energy group is planning to sell one of its biggest Chinese investments, by disposing of its 50 per cent stake in the Secco petrochemicals plant near Shanghai. (FT)

It’s a big day for

The Bank of England, which released a statement after its new bond-buying programme ran into trouble on its second day. (FT)

Keep up with the important business, economic and political stories in the coming days with the FT’s week ahead.

Food for thought

Uberisation and the dangers of neo-serfdom Rana Faroor on how the sharing economy, rather than heralding a new era in employment, could hearken a return to “a more benign, pre-industrial form of capitalism”. (FT)

China engineers M&A in Germany The European power has long prided itself on the pre-eminence of its engineering prowess. But now it finds itself a top target in Beijing’s search for innovation — and some see that as a threat. (FT)

Please, Michael Phelps, stop cupping The bruises on the swimmer’s body come from a “therapy” called cupping, intended to improve blood flow. It actually causes blood to clot. (The Atlantic)

Galloping costs Managing the growing wild-horse population in the US costs taxpayers billions each year and there is no consensus on how to stop the bill from rising. (Economist)

Phnom Penh thrives as Macau slides Macau’s gaming revenue has fallen for 26 straight months. Meanwhile, the only licensed casino operator in Cambodia’s capital is logging double-digit gains — thanks, in part, to Chinese gamblers. (NAR)

Video of the day

Sterling: momentum builds for burst lower Selling the pound, particularly against the dollar, is proving as compelling as it is obvious. The FT’s Katie Martin reckons it’s hard to argue that the trade is about to collapse under the weight of its own popularity. (FT)