The idea of setting a relatively low rate for the proposed goods and services tax seemed to be gaining traction on Wednesday, as politicians of all stripes met to debate the country's biggest tax reform.
WASHINGTON U.S. consumer spending barely rose in October as households took advantage of rising incomes to boost savings to their highest level in nearly three years, pointing to moderate economic growth in the fourth quarter.
Indian army commandos killed three militants holed up in an officers' mess and another person was shot dead during a six-hour gunbattle at an army base in the disputed Kashmir region on Wednesday, a senior army officer said. The gunmen cut a perimeter fence and penetrated the battalion headquarters in Tangdhar area in northern Kashmir. Full Article
A U.S. investigation found that the deadly Oct. 3 air strike in Afghanistan that destroyed a hospital run by Medecins Sans Frontieres was a tragic and avoidable accident caused primarily by human error, a top U.S. military commander said on Wednesday. Full Article
Russia sent an advanced missile system to Syria on Wednesday to protect its jets operating there and pledged its air force would keep flying missions near Turkish air space, sounding a defiant note after Turkey shot down a Russian fighter jet. Full Article
This year will be the hottest on record and 2016 could be hotter due to the El Nino weather pattern, the World Meteorological Organization said on Wednesday, warning inaction on climate change could see temperatures rise by 6 degrees Celsius or more. Full Article
The European Union's chief executive warned on Wednesday that the survival of Europe's "partially comatose" open border travel zone and its single currency were both at risk if member nations continue erecting internal barriers to keep out refugees. Full Article
A Palestinian stabbed and critically wounded an Israeli soldier on Wednesday and was shot dead by troops, the army and a hospital official said, a day after a visit by U.S. Secretary of State John Kerry to explore how to end eight weeks of violence. Full Article
Prime Minister Narendra Modi has just suffered a bruising election setback, yet his party appears in no mood to compromise with the main political opposition to get stalled economic reforms back on track. Read
Charlie Chaplin once said that all anyone needed to make a funny film was "a park, a policeman and a pretty girl". Chaplin failed to mention the "Tramp" costume that made him world famous. Full Article
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