India hikes spending, shuns ‘outright populism’ in last pre-election budget

Capex to rise 33% to 10 trillion rupees in 2023/24 Govt targets gross borrowing of 15.43 trillion rupees Eyes fiscal deficit of 5.9% in 2023/24, 4.5% by 2025/26 NEW DELHI, Feb 1 (Reuters) – India announced on Wednesday one of its biggest ever increases in capital spending for the next fiscal year to create jobs … Read more

France hit by new wave of strikes against Macron’s pension reform

Reform would raise retirement age to 64 Schools, transport networks, refinery deliveries hit Macron: Reform vital to ensure viability of pension system SAINT-NAZAIRE, France, Jan 31 (Reuters) – Striking workers disrupted French refinery deliveries, public transport and schools on Tuesday in a second day of nationwide protests over President Emmanuel Macron’s plan to make people … Read more

New Zealand counts cost of Auckland floods, more rain forecast

WELLINGTON, Jan 30 (Reuters) – Flood-ravaged Auckland is forecast to receive further heavy rain in the coming days, authorities in New Zealand’s largest city said on Monday, as insurers counted the costs of what looks likely to be the country’s most expensive weather. event ever. Four people lost their lives in flash floods and landslides … Read more

UK regional airline Flybe ceases trading, cancels all flights

Collapses for the second time in three years 276 workers made redundant by administrators About 75,000 customers had future bookings Hurt by delayed delivery of aircraft Rivals seeing rebounding demand LONDON, Jan 28 (Reuters) – British regional airline Flybe on Saturday ceased trading for the second time in three years, with all flights canceled and … Read more

New Zealand’s Ardern bids emotional farewell on last day as prime minister

WELLINGTON, Jan 24 (Reuters) – Jacinda Ardern on Tuesday bid an emotional farewell on her last day as prime minister, speaking of the kindness and empathy New Zealanders have shown her, but said she was ready to be a sister and a mother. Days after stunning the world by announcing she had “no more in … Read more

French strike nationwide to say ‘no’ to Macron’s pension reform

Government wants to raise retirement age by two years to 64 Railways, schools and refineries among those hit by strike Macron’s reformist credentials at stake in dispute Polls show widespread opposition to pension reform NICE/TOURS, Jan 19 (Reuters) – French workers went on strike and joined marches across the country on Thursday, halting trains and … Read more

G7 aims to raise $ 600 billion to counter China’s Belt and Road

US President Joe Biden attends a working lunch with other G7 leaders to discuss shaping the global economy at the Yoga Pavilion, Schloss Elmau in Kuren, Germany, June 26, 2022. Kenny Holston / Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register SCHLOSS ELMAU, Germany, June 26 (Reuters) – Group of Seven … Read more

Afghanistan earthquake kills at least 1,000, toll expected to rise

KABUL, June 22 (Reuters) – The death toll from an earthquake in Afghanistan on Wednesday hit 1,000, disaster management officials said, with more than 600 injured and the toll expected to grow as information trickles in from remote mountain villages. Houses were reduced to rubble and bodies swathed in blankets lay on the ground after … Read more

‘Bureaucratic simplifications’, Britain to defy EU with new N. Ireland law

UK to set out legislation on Monday Move risks triggering trade war with EU EU says unilateral action will break international law LONDON, June 13 (Reuters) – Britain will set out plans on Monday to override some of the post-Brexit trade rules for Northern Ireland, changes that will inflame tensions with the European Union but … Read more