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UK's new govt makes major tax U-turn after uproar
UK's new govt makes major tax U-turn after uproar
by  AFP

Britain's beleaguered finance minister on Monday announced a dramatic U-turn on a tax cut announced as part of an economic package that has bombed with the markets, electorate and his party. On the markets, Truss and Kwarteng's intention to pay for the tax cuts with billions more in extra borrowing had sent the pound tumbling and UK government bond yields soaring.

Relatives, survivors grieve at Indonesian hospital after stadium stampede
Relatives, survivors grieve at Indonesian hospital after stadium stampede
by  AFP

Etik sat cross-legged on the floor of the hospital, waiting anxiously for her daughter to regain consciousness after she was caught in one of the deadliest stadium disasters in world football history. "I didn't think this would happen," said Etik, who waited for 12 hours at the hospital on Sunday.

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