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South Africa hikes taxes and social spending before vote
South Africa hikes taxes and social spending before vote
Economy
by  AFP

South Africa plans to hike taxes and increase spending on social grants ahead of a general election in May amid sluggish growth and high debt, the government said on Wednesday. Three decades after the end of apartheid, South Africa suffers from high levels of poverty and unemployment, which currently stands at more than 32 percent.

London's iconic BT Tower sold to become hotel
London's iconic BT Tower sold to become hotel
Economy
by  AFP

British telecoms giant BT Group announced Tuesday the sale of its famous BT Tower and that the building located in the heart of London will be transformed into a hotel. "MCR Hotels... plan to preserve BT Tower as an iconic hotel, securing its place as a London landmark for the future," BT said in a statement.

Lawyers for US urge UK court to reject Assange appeal bid
Lawyers for US urge UK court to reject Assange appeal bid
Technology
by  AFP

Lawyers for the United States on Wednesday urged a UK court to block a last-ditch bid by Julian Assange to appeal his extradition to the country to face espionage charges. "Mr Assange was exposing serious state criminality," his lawyer Edward Fitzgerald told the court.