World

UK trusses make U-turn on tax after week of market turmoil

UK trusses make U-turn on tax after week of market turmoil

Truss defended the policy on Sunday Kwarteng now says it’s a distraction U-turn with ‘humility and repentance’ – Kwarteng Lowering top tax rates is only a small part of the overall plan Markets focus on how to finance plans BIRMINGHAM, England, Oct 3 (Reuters) – Less than a month after taking office, Prime Minister Liz …

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UK government scraps plans to cut taxes for the wealthy, sparking turmoil in financial markets

UK government scraps plans to cut taxes for the wealthy, sparking turmoil in financial markets

See what’s clicked on FoxBusiness.com The British government has scrapped plans to cut taxes for the wealthy, a move that has roiled financial markets and sent the pound to record lows. Finance Minister Kwasi Kwarteng said on Monday he would no longer pursue plans to remove the top 45 per cent income tax rate on …

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Ukrainian troops push south as Russia capitulates on second front

Ukrainian troops push south as Russia capitulates on second front

No Ukrainian official confirmation of advancing south Russian military blogger says troops retreat tens of kilometers Ukraine encouraged by weekend capture of Lehman in east Kyiv, Oct. 3 (Reuters) – Ukrainian troops recaptured towns on the west bank of the Dnieper River in southern Ukraine on Monday, Moscow was forced to cede territory just days …

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Brazil general election enters runoff, Bolsonaro dashes Lula's quick win hopes

Brazil general election enters runoff, Bolsonaro dashes Lula’s quick win hopes

SAO PAULO/BRAZILIA, Oct 3 (Reuters) – After right-wing President Jair Bolsonaro performed well in the polls and snatched left-wing former President Luis Inacio Lu Brazil’s second round of presidential elections kicked off Monday after Luiz Inacio Lula da Silva’s outright victory in the first round of voting. . Bolsonaro’s unexpectedly strong performance on Sunday dashed …

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'Yes' to trusses drives Macron's new European Forum initiative

‘Yes’ to trusses drives Macron’s new European Forum initiative

44 EU and non-EU countries to attend Prague summit on October 6 The European Political Community is the brainchild of French Macron Some diplomats scoff at talk shops, but others see benefits PARIS, Oct 3 (Reuters) – British Prime Minister Liz Truss’ decision to attend this week’s inaugural summit of the pan-European bloc has given …

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Iran protests: Riot police clash with Sharif University students

Iranian security forces clashed with students at a prominent university in Tehran, social and state media reported, in the latest sign of a deadly crackdown on nationwide protests over the death of a young woman in custody. Anti-government protests that began at the funeral of 22-year-old Mahsa Amini in the Kurdish town of Saqez on …

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Iran protests: Riot police clash with Sharif University students

Iranian security forces clashed with students at a prominent university in Tehran, social and state media reported, in the latest sign of a deadly crackdown on nationwide protests over the death of a young woman in custody. Anti-government protests that began at the funeral of 22-year-old Mahsa Amini in the Kurdish town of Saqez on …

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Brazil election: Former president Luiz Inacio Lula da Silva wins votes, but not outright

Brazil’s tight presidential race will take place after former president Luiz Inacio Lula da Silva failed to secure the overall majority needed to avoid a runoff with far-right incumbent Jair Bolsonaro into the second round. With more than 99.5 percent of the vote, the left-wing veteran won 48.3 percent of the vote, not enough to …

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Moderate Bosniak candidate leads in race for presidential seat

Moderate Bosniak candidate leads in race for presidential seat

Bosnia and Herzegovina vote amid political crisis Moderate Bosnian leader to win the presidency International peace monitor makes changes to electoral law Sarajevo, Oct 3 (Reuters) – Moderate Bosnian candidate Denis Besirevic leads the race for Bosnia’s tripartite interethnic presidential seat, according to preliminary results from a partial vote tally shown on Monday. Bakir Izetbegovic, …

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'Incomprehensible tragedy.' Football world mourns victims of Indonesia stadium crush | CNN

‘Incomprehensible tragedy.’ Football world mourns victims of Indonesia stadium crush | CNN

CNN — FIFA, the head of football’s international governing body, led football’s mourning over Saturday’s stadium obsession at an Indonesian league football match, describing the incident that killed at least 125 as a “dark day” and an “incomprehensible tragedy” “. More than 300 people are still injured in one of the world’s deadliest stadium disasters, …

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