Britain is betting everything on historic tax cuts and loans, investors scare

Register now for FREE unlimited access to Reuters.com Register Kwarteng lowers top income tax rate for growth Huge increase in UK sovereign debt issuance planned Stamps suffer worst malaise in decades Pound falls to new 37-year low against dollar LONDON, Sept. 23 (Reuters) – Britain’s new Chancellor of the Exchequer, Kwasi Kwarteng, on Friday unleashed … Read more

UK eases pressure on business by cutting energy bills in half this winter

Register now for FREE unlimited access to Reuters.com Register Wholesale electricity, gas bills will be capped from October The level will be less than half of current market prices Government says deal will prevent companies from collapsing LONDON, Sept. 21 (Reuters) – The British government said on Wednesday it would limit wholesale electricity and gas … Read more

Ecuador reaches agreement with China to restructure debt

Ecuador’s President Guillermo Lasso speaks at the leaders’ second plenary session at America’s Ninth Summit in Los Angeles, California, US, June 10, 2022. REUTERS/Lauren Justice/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 19 (Reuters) – Ecuador has reached an agreement to restructure its debt to Chinese banks, the government said … Read more

Suspicious ghosts mess up UK assets

New UK Chancellor of the Exchequer Kwasi Kwarteng walks outside Number 10 Downing Street, in London, UK, on ​​September 6, 2022. REUTERS/Toby Melville Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 14 (Reuters) – Britain’s new Chancellor of the Exchequer, Kwasi Kwarteng, faces trouble: A clear shift in the behavior of British … Read more

Canada’s Trudeau Announces $4.5 Billion Inflation Relief Package for Low Incomes

Canadian Prime Minister Justin Trudeau makes a statement on the death of Britain’s Queen Elizabeth, following a cabinet retreat in Vancouver, British Columbia, Canada on Sept. 8, 2022. REUTERS/Jennifer Gauthier/File Photo Register now for FREE unlimited access to Reuters.com Register OTTAWA, Sept. 13 (Reuters) – Canadian Prime Minister Justin Trudeau on Tuesday announced C$4.5 billion … Read more

Liz Truss pledges tax cuts after winning vote to become UK’s next prime minister

Truss defeats ex-treasury minister Sunak as new prime minister Boris Johnson formally resigns on Tuesday New leader faces cost of living, energy price crisis LONDON, Sept. 5 (Reuters) – Liz Truss becomes Britain’s next prime minister after winning a leadership race for the ruling Conservative Party on Monday, pledging to follow through with promised tax … Read more

Scholz promises 65 billion euros to protect Germans through a severe winter

Register now for FREE unlimited access to Reuters.com Register Package financed by additional tax revenue Gas stock now for 85% full Scholz promises that the welfare state will protect Germany from unrest BERLIN, Sept. 4 (Reuters) – Germany will spend at least 65 billion euros ($64.7 billion) to protect customers and businesses from rising inflation, … Read more

Taiwan aims for major surge in defense spending amid escalating tensions in China

TAIPEI, Aug. 25 (Reuters) – Taiwan on Thursday proposed $19 billion in defense spending for next year, a double-digit increase from 2022, including money for new fighter jets, weeks after China staged large-scale military exercises around the island that sees it as its territory. China conducted its largest-ever war game around the democratically-ruled island after … Read more

US announces $3 billion in new military aid to Ukraine

WASHINGTON, Aug. 23 (Reuters) – The United States will already announce a new security assistance package for Ukraine worth about $3 billion on Wednesday, a US official said Tuesday, in what would be the largest tranche to Kiev since the Russian invasion six months ago. . The package is being prepared to coincide with Ukraine’s … Read more

Argentine prosecutor demands 12 years in prison for vice president Kirchner

Argentina’s Vice President and Senate President Cristina Fernandez de Kirchner watches as lawmakers meet to debate and vote on an agreement with the International Monetary Fund (IMF), at the National Congress in Buenos Aires, Argentina, March 17, 2022. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, Aug. 22 (Reuters) – … Read more