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Colombian president drops tax plan after bloody protests

Bloomberg President Ivan Duque withdrew a plan to raise taxes on many Colombians after it triggered days of bloody street clashes and a political crisis. Duque is giving up on some of the most unpopular ideas, such as extending the value-added tax to additional goods and services and making more people subject to income tax. Colombia needs to raise revenue ...

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Chad’s ruling junta retains Deby allies in new government

Bloomberg Chad’s recently reinstated Prime Minister Albert Pahimi Padacke retained several of slain President Idriss Deby’s allies in his new cabinet, which is expected to be in power for a transition period. Tahir Hamid Nguilin retained the post of Chad’s finance minister and Oumar Torbo Djarma kept the portfolio of oil, while the mining portfolio was split off and given ...

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Macron to fine-tune stimulus 6 months before French polls

Bloomberg French President Emmanuel Macron will reassess the country’s recovery plan in September, possibly adding to the 100 billion euros ($120 billion) of stimulus his government is already injecting into the economy. Such a boost would arrive just six months before presidential elections, where management of the health crisis and the growth rebound are set to be key battlegrounds. Before ...

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