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Taiwanese independence is a charging rhino that must be stopped, China says

Bloomberg China’s foreign minister compared the drive for Taiwanese independence to a charging rhinoceros that must be stopped in its tracks, and blamed the US for speeding it along. Foreign Minister Wang Yi said legislation under consideration by US lawmakers threatens the foundation of US-China ties. He said voices advocating the independence of Taiwan, which Beijing claims as its territory, ...

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Lula’s support puts first-round win back in play, DataFolha says

  Bloomberg Luiz Inacio Lula da Silva is gaining momentum 10 days before Brazil’s presidential election, nearing the simple majority needed to give him a first-round victory on October 2, a new DataFolha poll shows. Leftist challenger Lula would take 47% of the first-round vote, up from 45% a week ago, with the increase falling inside the poll’s two-point margin ...

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UK’s biggest tax cuts since 1972 trigger crash in pound, bonds

Bloomberg Liz Truss’s new UK government delivered the most sweeping tax cuts since 1972, slashing levies on rich households and companies in a bid to boost economic growth in a move that triggered a massive market selloff of the currency and bonds. Chancellor of the Exchequer Kwasi Kwarteng announced a series of tax cuts and regulatory reforms that will cost ...

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