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Top StoriesBritish Farmers to Protest Against ‘tractor Tax’ in London
Top StoriesDutch Government Crisis Defused, Prime Minister Says
Top StoriesBuffeted by an Economic Storm, Germany Heads for Feb. 23 Vote
FinanceFrench Pilots’ Union Flags Strike to Protest Tax Hike on Airline Tickets
China Unveils $1.4 Trln Local Debt Package but No Direct Stimulus
Date: November 9, 2024
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government financing strains and stabilise flagging economic growth, as it faces fresh pressure from the re-election of Donald Trump as U.S. president. The measures confirm last week’s Reuters report, and mark a...
Scholz Calls for Cool Heads to Pull Germany Out of Political Crisis
Date: November 9, 2024
By Christian Kraemer and Andreas Rinke BERLIN (Reuters) -Chancellor Olaf Scholz on Friday demanded a calm debate from Germany’s squabbling factions on setting the date for a snap election to pull the country out of a political crisis. Speaking to reporters in Budapest, Scholz called on parties to first agree on what legislation could be...
Italy Minister Open to Reviewing Tax Hike on Cryptocurrencies
Date: November 8, 2024
ROME (Reuters) – Italy’s economy minister said on Thursday he was ready to review proposals to raise a tax on cryptocurrency capital gains, after pressure from some lawmakers in his own party to drop the plan. “I am willing to consider different forms of taxation for people who keep investments in their portfolio,” Minister Giancarlo...
Explainer-German Coalition Collapses: What Comes Next?
Date: November 8, 2024
By Thomas Escritt BERLIN (Reuters) -Germany’s coalition collapsed on Wednesday as Chancellor Olaf Scholz fired his finance minister and paved the way for a snap election, triggering political chaos in Europe’s largest economy hours after Donald Trump won the U.S. presidential election. After dismissing Finance Minister Christian Lindner of the Free Democrats (FDP) party, Scholz...
Irish PM Set to Call Election on Friday, Coalition Partner Says
Date: November 7, 2024
DUBLIN (Reuters) – Irish Prime Minister Simon Harris is set to call a parliamentary election on Friday, Deputy Prime Minister Micheál Martin said. Harris has already said he will name the date this week and has been been laying the ground for an early election since last month’s 10.5 billion euro budget giveaway. The vote...
Bluetongue Virus Threatens Sardinia’s Historic Sheep Farming Industry
Date: November 5, 2024
By Antonella Cinelli and Valentina Consiglio ROME (Reuters) – On the island of Sardinia, a bedrock of Italian sheep farming, breeder Michela Dessi has seen 150 of her flock die and 140 lose their lambs in the last few months due to an insect-borne disease called bluetongue that is ravaging local livestock. Sardinia is home...