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Mar 23, 2011

Reuters UK : Lunch Break News: Budget to show tough deficit goals still in reach

Reuters



today's headlines

Budget to show tough deficit goals still in reach
West will end in "dustbin of history," Gaddafi says
Japan quake becomes world's costliest natural disaster
Government to exempt more from income tax - source
Bank no closer to raising rates in March, minutes show
Portugal government may collapse before EU summit
Yemen opposition calls mass protests for Friday
Bahrain suspends Lebanon flights as sectarian tension rises
Most Britons unsure of Afghan mission aims - poll
Japan quake becomes world's costliest natural disaster
   

more details

Budget to show tough deficit goals still in reach
23 MAR 2011 11:20 GMT
LONDON (Reuters) - The budget on Wednesday is likely to show the government's ambitious deficit-busting goals are still within reach, but an uncertain recovery and stubborn inflation could yet disrupt its austerity plans.

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West will end in "dustbin of history," Gaddafi says
23 MAR 2011 11:22 GMT
TRIPOLI (Reuters) - Western powers attacking Libya will end up in the dustbin of history, Muammar Gaddafi said as an American admiral signalled a possible new phase in the air campaign could be attacks on his advancing tanks.

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Japan quake becomes world's costliest natural disaster

23 MAR 2011 11:25 GMT
TOKYO (Reuters) - Japan estimated the cost of the damage from its devastating earthquake and tsunami could top $300 billion (184 billion pounds) as authorities in Tokyo warned that babies should not be given tap water because of radiation from a crippled nuclear plant.

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Government to exempt more from income tax - source
23 MAR 2011 07:53 GMT

LONDON (Reuters) - The budget on Wednesday will raise the threshold under which workers do not have to pay income tax above 8,000 pounds from 2012 and will also give help to first-time homebuyers, a government source said on Tuesday.

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Bank no closer to raising rates in March, minutes show23 MAR 2011 09:57 GMT
LONDON (Reuters) - The Bank of England's Monetary Policy Committee remained divided on whether to raise interest rates this month and appeared no closer to tightening policy than they were in February.

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Portugal government may collapse before EU summit23 MAR 2011 09:56 GMT
LISBON (Reuters) - Portugal's parliament is expected to reject government austerity measures on Wednesday, setting the stage for the possible collapse of the minority Socialist administration a day before a European summit.

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Yemen opposition calls mass protests for Friday
23 MAR 2011 11:41 GMT
SANAA (Reuters) - Yemen opposition groups called on protesters to march on President Ali Abdullah Saleh's Sanaa palace Friday to force him out, hoping to end a crisis his allies abroad fear will benefit Islamic militants.

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Bahrain suspends Lebanon flights as sectarian tension rises
23 MAR 2011 07:46 GMT
MANAMA (Reuters) - Bahrain has suspended its flights to and from Lebanon a day after it warned its nationals not to travel there following declarations of support by Iranian-backed Shi'ite group Hezbollah for protests by Bahrain's Shi'ite.

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Most Britons unsure of Afghan mission aims - poll
23 MAR 2011 07:47 GMT
LONDON (Reuters) - Most Britons are unclear about what the government's goals are in Afghanistan and only one in four believe the current strategy is working well, a poll published on Wednesday on behalf of leading aid groups showed.

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Japan quake becomes world's costliest natural disaster
23 MAR 2011 10:56 GMT
TOKYO (Reuters) - The Japanese government on Wednesday estimated the direct damage from a deadly earthquake and tsunami that struck the country's northeast this month at as much as $310 billion (190 billion pounds), making it the world's costliest natural disaster.

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