UK Prime Minister Keir Starmer’s government introduced a £40 billion tax plan, the highest since records began, focusing on higher business taxes and borrowing to support public services. This first Labour budget in 14 years aims to boost growth but faces risks with sluggish economic forecasts and limited voter incentives. Key measures include increased employer taxes, higher taxes on share sales, and VAT on private school fees. Critics warn of uncertain revenue from these targeted taxes, highlighting potential political challenges. Penelope Kingsley 31/10/2024 10:30 am
Around one billion people globally, including in the U.S., will celebrate Diwali, the Hindu “Festival of Lights,” this week. Originating in India over 2,500 years ago, Diwali is observed for up to five days, varying by location and tradition. This year’s celebration coincides with the U.S. presidential election, where Vice President Kamala Harris, who has celebrated Diwali and expressed pride in her Indian heritage, could make history if elected president. Noah Prescott 31/10/2024 10:30 am
Ukraine is preparing to confront North Korean troops in Russia’s Kursk region, escalating the conflict. The Pentagon confirmed North Korean troop presence, with thousands more expected. NATO and South Korean officials highlighted the deployment as a significant escalation. Despite North Korea sending up to 12,000 troops, experts doubt their impact on Russia’s war effort, given Russia’s high personnel losses. Ukrainian commanders report significant Russian casualties, and analysts believe North Korean assistance won’t alter the war’s course. Noah Prescott 31/10/2024 10:30 am
North Korea launched a new intercontinental ballistic missile (ICBM) with its longest flight time yet, raising concerns about advanced weapons development. Kim Jong Un attended the test, warning adversaries of North Korea’s military capabilities. The missile, detected by South Korea and Japan, flew for 87 minutes, reaching an altitude of 7,000km and a distance of 1,000km. It possibly used a new solid-fuel booster. The launch follows reports of North Korea’s preparations for a nuclear test, prompting US criticism for violating UN resolutions and escalating regional tensions. Noah Prescott 31/10/2024 7:00 am
Israel used air-launched ballistic missiles in a significant attack on Iran, targeting air defense systems and missile facilities. Over 100 Israeli fighter jets, possibly launching from Iraq, struck 20 targets on October 26. These missiles allowed strikes from beyond Iran’s defenses, minimizing risk to Israeli aircraft. Analysts noted the critical role of these missiles in disabling Iran’s defenses. Remnants of boosters were found in Iraq, and Iran claimed to counter the missiles. The attack’s aftermath raised questions about whether Israeli jets entered Iranian airspace. Ava Sinclair 31/10/2024 7:00 am
An Israeli military strike on a residential building in Beit Lahia, Gaza, killed over 90 Palestinians, including 25 children. The attack targeted a “spotter” on the roof but was unplanned, with troops unaware the building sheltered displaced people. The US condemned the incident, demanding explanations. Israel restricts media access to Gaza, complicating independent verification. Videos showed bodies and destruction. Survivors recounted the devastation, with one family losing their home and hosting others who died in the attack. The incident has heightened tensions and scrutiny of Israel’s military actions. Penelope Kingsley 31/10/2024 7:00 am
Rachel Reeves’ Budget, the first by a Labour chancellor in 14 years, has sparked controversy with a £40bn “tax gamble.” The Times highlights the biggest rise in tax and borrowing in a generation, while the Daily Telegraph warns of stagnant pay and broken promises. The Sun criticizes the budget as a “Halloween horror show” but praises the fuel duty freeze. The Daily Mail calls it a “£40bn tax bombshell” impacting growth, while The Guardian sees it as a “massive package” aimed at funding public services. Noah Prescott 31/10/2024 7:00 am
Eight of Mexico’s 11 supreme court judges, including President Norma Pina, have resigned following controversial judicial reforms allowing voters to elect judges. The resignations, effective between November and next August, come amid diplomatic tensions and protests. President Claudia Sheinbaum claims the court can’t reverse the reform, suggesting judges aim to secure retirement benefits. Former President López Obrador, who initiated the reforms, argued they were necessary to address a corrupt judiciary. Critics worry elected judges could be influenced by politics and drug cartels. Ava Sinclair 31/10/2024 7:00 am
As U.S. voters choose between Donald Trump and Kamala Harris, Europeans are anxious about the outcome. Trump is seen as a nightmare, while Harris is viewed as better for transatlantic relations. However, Europeans should focus on self-reliance, as U.S. interest in Europe has waned over 30 years. Trump’s potential policies could strain relations, while Harris promises continuity. Ava Sinclair 31/10/2024 7:00 am
“Witches marks” were discovered at Gainsborough Old Hall, a medieval manor in England, by Rick Berry, an English Heritage volunteer. These apotropaic carvings, meant to protect against evil, include pentangles, Marian marks, and hexafoils. Rare “curse” inscriptions, like an upside-down name of owner William Hickman, were also found. The site features 100 burn marks for fire protection. The reason for the high concentration of these markings remains unclear, despite the manor’s tumultuous history and ownership by figures like Sir Thomas Burgh II and King Henry VIII. Penelope Kingsley 31/10/2024 12:00 am
