China's local debt rises to $18.9tn as property slump lingers

Authorities have ordered scaffold netting to be removed at about 200 locations across Hong Kong by Saturday after suspected false safety certificates were found at two building sites following the Tai Po blaze that claimed 159 lives. A week after Hong Kong’s worst inferno in decades, police on Wednesday arrested six men from the company responsible for the fire alarm system at the Wang Fuk Court housing complex, where the blaze ripped through seven towers covered in bamboo scaffolding and… Source link India Ex-TMC MLA lays foundation for… IndiGo flight cancellation: Indian… Sana Shaheen talent search exam… FII return…

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Economic obsession | Two-child benefit divide | Paddington stare | No Place | Word of the year Your editorial (The Guardian view on OBR v the Treasury: ministers have embraced the theatre of errors, 1 December) correctly flags the huge uncertainty in trying to come up with a five-year forecast of the difference between taxes and spending. Although markets like big fiscal headroom numbers, they seem to ignore the wise words of Bertrand Russell, who defined mathematics as “the subject in which we never know what we are talking about, nor whether what we are saying is true”. This…