MINISTER RACHEL REEVES

Nov 23 2025POLITICS

A High-Profile Target in Beirut: Israel's Bold Move

Israel made a significant move recently by targeting and killing Haytham Ali Tabatabai, a top leader in Hezbollah. This wasn't just any leader; he was the group's acting military chief, second in command to the secretary-general. Israel's military confirmed his death, calling him a key figure in Hezbollah's operations since the 1980s. He had held important roles, lik...

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Nov 23 2025POLITICS

Budget Leaks: What's the Big Deal?

The government is playing a game of hide and seek with the Budget. Transport Secretary Heidi Alexander says it's no big deal. But others aren't so sure. For months, the media has been buzzing with rumors about tax hikes. Businesses and consumers are left in limbo, unsure of what's coming. Former Bank of England economist Andy Haldane blames this uncertainty for the ...

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Nov 23 2025POLITICS

Israel's 2026 Budget: A Rocky Road Ahead

In Israel, the finance minister, Bezalel Smotrich, is set to discuss the 2026 budget with Prime Minister Benjamin Netanyahu. This budget includes plans to boost the economy and tackle rising living costs. The budget is expected to be presented to the cabinet on December 4th. However, approval by the end of the year seems unlikely. Israeli law requires the budget to ...

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Nov 23 2025BUSINESS

Zambia's Economic Turnaround: A Step Forward

Zambia has just received a big thumbs-up from S&P Global Ratings. The country's credit rating has been upgraded, and it's no longer considered in default. This is a huge deal because it shows that Zambia is getting its financial act together. For years, Zambia has been struggling with a lot of debt and some tough negotiations to restructure it. On top of that, a sev...

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Nov 23 2025POLITICS

Israel's Budget Showdown: A Test of Leadership

Israel is in the middle of a tough money fight. The finance minister, Bezalel Smotrich, is set to talk about the 2026 budget with Prime Minister Benjamin Netanyahu. This isn't just any talk. It's a big deal that could change things. Smotrich has plans to help the economy and make life cheaper for people. But the government is split on many things. The war in Gaza, t...

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Nov 23 2025POLITICS

Gaza Talks Resume as Tensions Flare

In Cairo, a Hamas group is meeting with mediators to talk about the shaky Gaza ceasefire. Both Israel and Hamas blame each other for breaking the agreement. Egypt, Qatar, and the U. S. have been trying to keep the peace since the ceasefire started last month. Israel's Prime Minister Benjamin Netanyahu said their military killed five big Hamas leaders on Saturday. Th...

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Nov 23 2025POLITICS

Japan and China: A Diplomatic Showdown

In a recent turn of events, a Japanese spokesperson dismissed China's accusations as groundless. The dispute centers around a letter China sent to the United Nations, claiming that Japan's Prime Minister has shifted the country's stance on Taiwan. This is not just about words; it's about actions and the potential consequences. China's letter warned of strong self-de...

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Nov 23 2025POLITICS

South Africa's Local Elections: A Test for the Ruling Party

South Africa is gearing up for municipal elections that could shake things up for the ruling coalition. The African National Congress (ANC), the biggest party in this group, is under pressure to show it can still win over voters. If they don't do well, they might need to change how they govern. The deputy finance minister, Ashor Sarupen, thinks the coalition can hol...

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Nov 23 2025FINANCE

Rail Fare Freeze: A Break for UK Commuters

In a move to ease the financial burden on regular train users, the UK's finance chief, Rachel Reeves, has announced that rail fares will not increase when she presents her budget plan. This decision comes as a relief to many who rely on trains for their daily commute, especially in light of the ongoing cost-of-living crisis. The last time rail fares were frozen was ...

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Nov 23 2025POLITICS

World Leaders Chat About Big Problems at G20

At the G20 meeting in South Africa, Mark Carney, the Canadian Prime Minister, and Emmanuel Macron, the President of France, had a private chat. They talked about two major issues: the war in Ukraine and the crisis in Gaza. Both leaders made it clear that they stand with Ukraine. They believe any solution to the war must include Ukraine's input and protect its key in...

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