Rachel Reeves vowed to stand by her “non-negotiable” fiscal rules, as her mission to China was overshadowed by further turbulence in the gilt markets.
Visiting bicycle-maker Brompton’s flagship Beijing store on Saturday, the Chancellor declined to give a running commentary on the financial markets in the UK, but said the rules she set for herself in October were essential for economic stability.
Report by Covellm.
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Given gilt yields are rising, the pound is falling and, all things considered, markets look pretty hairy back in the UK, it's quite likely Rachel Reeves' trip to.. Sky News
Shadow Business Minister Dame Harriett Baldwin has criticised Chancellor Rachel Reeves for stalling UK growth. Baldwin claims Reeves' recent budget increased spending and taxes significantly, leading to reduced private sector investment and hiring. She argues this has caused economic growth to stall, with markets now questioning the budget's credibility. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The chancellor is under pressure because financial market moves have pushed up the cost of government borrowing, putting Rachel Reeves' economic plans in peril. Sky News
As 2024 concludes, Nagen Singh, Editor at Oneindia, engages in a comprehensive interview with veteran journalist Shastri Ramachandaran delving into new geopolitical developments. They discuss China's strategic move to supply Pakistan with 40 advanced J-35 stealth fighter jets, marking Beijing's first export of fifth-generation aircraft to a foreign ally. The acquisition is poised to significantly enhance Pakistan's air defense capabilities, potentially altering the regional power balance. Additionally, the conversation explores the unprecedented agreement for Pakistan Army officers to train Bangladeshi soldiers starting February 2025, a collaboration not seen since 1971.
#India2025 #PutinsNewRole #PakistanArmy #BangladeshCrisis #ChineseJets #Geopolitics2025 #IndiaPolitics #PakistanChinaRelations #BangladeshConflict #IndiaFuture #PutinPower #SouthAsiaTensions #IndianDefense #PakistanMilitary #StrategicShifts
~PR.152~HT.334~
The high-level meeting between NSA Ajit Doval and Chinese Foreign Minister Wang Yi in Beijing marks a significant step towards normalizing India-China relations. The discussions will focus on resolving border disputes, ensuring peace along the Line of Actual Control (LAC), and implementing the recent disengagement agreements. These talks aim to stabilize ties strained since the 2020 Galwan clash and pave the way for long-term bilateral cooperation.
#IndiaChinaRelations #DovalWangTalks #BorderPeace #LAC #DisengagementAgreement #Diplomacy #IndiaChinaTies #GalwanClash #BilateralCooperation #StableRelations #Oneindia #Oneindianews
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