Politics

• Wednesday, November 1st 2017 - 08:46 UTC

  Argentina unveils plan to slash corporate income taxes to promote investment

  

  Argentina plans to cut corporate income taxes to 25% by 2021 for companies that reinvest profits, it said on Tuesday, part of a wide-reaching tax reform bill intended to accelerate investment in Latin America's no.3 economy. The bill, which would slash taxes for companies willing to reinvest in Argentina from 35%, will be sent to Congress in the coming days, Treasury Minister Nicolas Dujovne said.

• Wednesday, November 1st 2017 - 08:27 UTC

  Royal Navy forced into “cannibalization” to meet the shortage of spares

  

  The Royal Navy seems to be copying some of its Latin American peers. In effect the shortage of spares for Royal Navy warships and submarines has forced the Ministry of Defense (MoD) to strip parts from the rest of the fleet, the National Audit Office (NAO) has found.

• Wednesday, November 1st 2017 - 08:17 UTC

  Germany marks the 500th anniversary of the Lutheran Reformation

  

  A special religious service is being held in the German town of Wittenberg to mark the 500th anniversary of the Reformation. On this day, 31 October, in 1517, Martin Luther is said to have nailed 95 theses to the door of All Saints' Church in the town.

• Wednesday, November 1st 2017 - 07:52 UTC

  Labour pressing UK government to release 58 Brexit impact studies

  

  The British Labour party is seeking to up the pressure on ministers over their refusal to release a series of Brexit impact studies. The government has confirmed that 58 reports looking at different sectors of the economy have been prepared, but is resisting calls to publish them; saying to do so would undermine the UK's negotiating position.

• Wednesday, November 1st 2017 - 07:17 UTC

  Terrorist attack in Manhattan kills five Argentine tourists

  

  Five of those killed after a terrorist plowed a truck through a Manhattan bike path in New York were Argentine high school pals celebrating three decades of friendship. The Argentine government identified the slain victims as Hernán Mendoza, Diego Angelini, Alejandro Pagnucco, Ariel Erlij and Hernan Ferruchi.

• Tuesday, October 31st 2017 - 08:16 UTC

  Meirelles again mentioned as candidate for a presidential ticket next year

  

  Brazil's Finance Minister Henrique Meirelles insisted on Monday that he is not planning to run for president and told a business meeting he could consider being a vice presidential running mate.

• Tuesday, October 31st 2017 - 07:58 UTC

  Uncertainty and inflation expected to make Bank of England reverse monetary policy

  

  Bank of England is expected to reverse emergency action taken following the Brexit referendum, when it cut rates from 0.5% to 0.25% to avert a recession. While a slump has not materialized, the British economy appears in worse health than most other major countries, with potential to be blown further off course by faltering talks to leave the EU.

• Tuesday, October 31st 2017 - 07:50 UTC

  Argentina's top prosecutor resigns, under pressure of corruption charges

  

  Argentina’s top prosecutor quit on Monday under pressure from the government over accusations that she hampered corruption investigations into officials from the previous administration of President Cristina Fernandez.

• Tuesday, October 31st 2017 - 07:43 UTC

  Macri vows reforms to lower taxes and achieve fiscal balance

  

  Argentina's President Mauricio Macri vowed to press ahead with reforms to the country's tax, labor and retirement systems in a speech on Monday, a week after his “Let's Change” coalition swept to victory at the polls in midterm elections.

• Tuesday, October 31st 2017 - 07:21 UTC

  Catalonia returns to normal; sacked president Puigdemont in Belgium

  

  Sacked Catalan President Carles Puigdemont has gone to Belgium, a lawyer he has hired there says. The lawyer, Paul Bekaert, did not comment on reports that Puigdemont could be preparing an asylum claim.