France's 2020 budget cuts taxes in bid to placate 'yellow vests'

France's 2020 budget cuts taxes in bid to placate 'yellow vests'

France's government unveiled a draft 2020 budget on Thursday (Sep 26) with more than €9 billion in tax cuts for households as it hopes to move on from on from roiling "yellow vest" protests while still cutting the deficit to within EU limits.
Argentine president announces salary hikes, tax cuts after poll setback

Argentine president announces salary hikes, tax cuts after poll setback

Argentine President Mauricio Macri announced plans for salary hikes and tax cuts on Wednesday (Aug 14) after voters turned resoundingly against his austerity policies, sparking days of economic turmoil.
Foreign automakers switch to trading as Vietnamese scale up production

Foreign automakers switch to trading as Vietnamese scale up production

While foreign-invested manufacturers have shifted to importing cars for domestic sale, Vietnamese enterprises have increased investments and expanded production, vowing to develop a domestic automobile industry.