UK Treasury chief says she'll slash finacial services red tape to boost investment

UK Treasury chief says she’ll slash finacial services red tape to boost investment

LONDON (AP) — U.K. Treasury chief Rachel Reeves said Tuesday that she’ll cut red tape for banks and finance firms so that “informed risk-taking” can help kickstart Britain’s sluggish economy. The government is trying to regain the economic initiative after rocky weeks of costly U-turns and figures showing the U.K. economy contracted for two months…

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What to know about the U.S. military's Pituffik Space Base in Greenland

US commander says China has failed to coerce rival states in South China Sea

MANILA, Philippines (AP) — China has failed to intimidate rival claimant states into surrendering their sovereign interests in the disputed South China Sea despite its intensifying “bullying tactics” and the United States and other allied countries are ready to further boost deterrence against Beijing’s aggression, the U.S. Pacific Fleet commander said. Adm. Stephen Koehler, who…

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