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Indonesia bans sex outside marriage in new criminal code

New criminal code ushers in controversial changes Sex outside marriage, insulting the president banned New laws will hamper tourism, investment, critics say JAKARTA, Dec 6 (Reuters) – Indonesia’s parliament approved a new criminal code on Tuesday that bans sex outside marriage with a punishment of up to one year in jail, despite worries the laws …

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China’s economy loses momentum as COVID curbs hit factories, consumers

China’s industrial output grows more slowly than expected Retail sales fell for the first time since May Property investment sees biggest drop since early 2020 Economic outlook gloomy on softening external demand BEIJING, Nov 15 (Reuters) – China’s economy suffered a broad slowdown in October as factory output grew more slowly than expected and retail …

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Apple warns of lower iPhone shipments as COVID curbs hobble China plant

Apple expects lower shipments of iPhone 14 Pro and Pro Max Apple says a Chinese plant operating at sharply reduced capacity Apple supplier Foxconn revises down Q4 outlook TAIPEI, Nov 7 (Reuters) – Apple Inc ( AAPL.O ) expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at …

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New PM Rishi Sunak pledges to lead Britain out of economic crisis

Sunak meets King Charles on Tuesday morning Vows to rebuild trust in the country Expected to start forming a cabinet Sunak faces a huge challenge to rebuild stability LONDON, Oct 25 (Reuters) – Rishi Sunak became Britain’s third prime minister in two months on Tuesday and pledged to lead the country out of a profound …

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Boris Johnson, Rishi Sunak lead race to be UK’s next prime minister

No candidates have yet declared their intention to run Doubts Johnson can reach the target of 100 lawmaker nominations Sunak is the bookmakers’ favorite The winner would be the fifth British PM in six years LONDON, Oct 21 (Reuters) – Boris Johnson and his former finance minister Rishi Sunak were leading the potential contenders to …

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As UK’s Truss fights for her job, the new finance minister warns of tough decisions

PM Truss sacked finance minister on Friday New chancellor Hunt warns of tough decisions Ruling Conservatives have slumped in polls Some Conservative lawmakers say Truss will be ousted LONDON, Oct 15 (Reuters) – Britain’s new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed, signaling further …

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UK’s Kwarteng refuses to rule out tax U-turn as pressure grows on Truss

New PM Truss under pressure over economic proposals Unfunded tax cuts plan trigger bond market turmoil Reports there could be a U-turn on corporation tax Government’s poll ratings have slumped LONDON, Oct 13 (Reuters) – British finance minister Kwasi Kwarteng refused to say on Thursday if he would stick with his plan not to raise …

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UK’s Truss sticks to policy plan as she breaks silence after market rout

Truss says he will not change course on UK policy Bond markets calmer after BoE intervention Investors warn of loss of faith in government LONDON, Sept 29 (Reuters) – British Prime Minister Liz Truss said she would stick to her controversial plan to reignite economic growth as she broke her silence on Thursday following nearly …

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