UK borrowing to fall, opening way for end of austerity: Hammond
British finance minister Philip Hammond announced a fall in the country’s expected borrowing needs between now and the mid-2020s as he began his final budget speech before Britain leaves the European Union.
UK government to bring forward promised income tax cuts
British finance minister Philip Hammond said on Monday that the government will bring forward income tax cuts for tens of millions of workers to help the economy a month after the United Kingdom is due to leave the European Union.
UK government targets gambling industry with tax increases
Britain’s finance minister Philip Hammond announced on Monday plans to increase taxes paid by offshore gambling companies from next year to offset lost tax revenue from cutting the amount that can be staked on fixed-odds betting terminals.
Mexico president-elect says will scrap partly-built new airport
Mexican President-elect Andres Manuel Lopez Obrador said on Monday his government would follow the results of a referendum where voters called for ditching a part-built $13 billion new airport for Mexico City.
Pirates seize eight Polish crew, three others from ship off Nigeria coast
(Corrects spelling of ship name in Oct. 29 story to MV Pomerenia Sky in second paragraph from MV Pomerania Sky.)
Britain to target online giants with new ‘Digital Services Tax’
Britain said it would tax the revenue that online platforms such as Google, Facebook and Amazon make in the country to update a system that had not kept pace with changing digital business models.
Israel has carried out attacks in Syria since downing of Russian plane: senior Israeli official
Israel has carried out attacks in Syria since the accidental downing of a Russian spy plane last month, a senior Israeli official said on Monday.
Thousands of U.S. troops could be sent to Mexico border: sources
Thousands of U.S. troops may be headed to the border with Mexico ahead of a caravan of migrants trekking toward the United States, U.S. officials told Reuters on Monday, offering much higher estimates than the 800 to 1,000 initially forecast.
Factbox: Candidates to succeed Merkel as CDU party leader
German Chancellor Angela Merkel said on Monday she would not seek re-election as leader of the center-right Christian Democrats (CDU) at a congress in December. Merkel, 64, also ruled out running for a fifth term as chancellor in 2021.
Nigerian military opens fire on Shi’ite Muslim protesters in capital: Reuters witness
Nigeria’s military shot at Shi’ite Muslim protesters in the capital of Abuja on Monday, according to a Reuters witness.
