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UK's Truss says 'no shame' in climbdown amid Tory tensions
Britain's Prime Minister Liz Truss insisted Tuesday she felt "no shame" and vowed to press on with unpopular economic reforms despite lurching into a self-inflicted crisis just a month into her term. - Budget confusion - Truss and Kwarteng were widely reported as bringing forward a major debt reduction plan to later this month, having insisted previously that it would only come on November 23.
Shell CEO hints energy firms should pay more tax
Shell's departing chief executive indicated Tuesday that governments should "probably" tax energy firms more to help protect the poorest from rocketing electricity and gas bills and ease the cost-of-living crisis. "One way or another, there needs to be government intervention ... that somehow results in protecting the poorest.
Traumatised Mozambique region seeks answers after jihadist attack
As jihadist fighters advanced in northern Mozambique, Henriques Laba saw only one route of escape. "The government has significantly increased its budget for the northern provinces, which demonstrates that there is an awareness of the issue," said Mirko Manzoni, the UN's special envoy to Mozambique.
EU lawmakers impose single charger for all smartphones
The EU parliament on Tuesday passed a new law requiring USB-C to be the single charger standard for all new smartphones, tablets and cameras from late 2024. The EU law will in two years' time apply to all handheld mobile phones, tablets, digital cameras, headphones, headsets, portable speakers, handheld videogame consoles, e-readers, earbuds, keyboards, mice and portable navigation systems.
UK's embattled govt stares at new U-turn on economy
Britain's Prime Minister Liz Truss defended her contentious plan to kick-start economic growth through tax cuts, despite expectations Tuesday of a second damaging U-turn. Asked if any more U-turns were coming, Truss was evasive in an interview with LBC radio broadcast Tuesday but recorded on Monday.
At least 15 dead in new Ecuador prison riot
At least 15 prisoners died Monday in the latest unrest inside Ecuador's prison system, officials in the South American country reported. During a television interview on Monday, he offered "a message of condolence and solidarity with the families of those who died today in (the prison)". bur-des/aha/it
Australia hikes rates less than forecast, boosting stocks
Australia raised interest rates less than expected Tuesday, boosting stocks and dragging the local dollar lower, as officials grow concerned about a slowing global economy sparked by rising borrowing costs and surging prices. It added that the surge in prices had been driven by "global factors", along with strong spending levels in Australia.
Xi decade reshapes China's military, and the region
During Xi Jinping's decade-long rule, China has built the world's largest navy, revamped the globe's biggest standing army, and amassed a nuclear and ballistic arsenal to trouble any foe. - Paper tiger no more - For years, the People's Liberation Army was seen as ill-equipped and ineffective -- disparaged by one historian as "the world's largest military museum".
How China's civil society collapsed under Xi
Human rights activist Charles remembers a time when civil society was blossoming in China, and he could dedicate his time to helping improve the lives of people struggling in blue-collar jobs. Charles has fled China and several of his activist friends are in jail.
AFP
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