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Britain's new PM eyes delay to crunch budget plan
Britain's new PM eyes delay to crunch budget plan
by  AFP

British Prime Minister Rishi Sunak could postpone an eagerly-awaited budget plan due next week, a senior minister said Wednesday, as the youthful new leader gets down to business after weeks of political turmoil. As well as mending Britain's wounded finances, Sunak is also pledging to reunite the Conservatives after another bruising leadership contest, mere weeks after Johnson was forced out.

Germany allows smaller Chinese stake in Hamburg port
Germany allows smaller Chinese stake in Hamburg port
by  AFP

Germany's coalition government on Wednesday allowed a Chinese firm to take a smaller-than-planned stake in a Hamburg port, after Chancellor Olaf Scholz resisted calls to ban the controversial sale outright. Scholz, a former Hamburg mayor, had supported the sale and has repeatedly stressed the importance of strong trade ties with China.

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