by Martin Armstrong
A special envoy from the US is visiting China at the end of the week to discuss the possibility of curbing Russia’s and China’s attempts to lift some UN sanctions on North Korea. The US claims that North Korea is not backing down with creating nuclear options.
The Indian government is planning to trim personal income tax rates and cut the tax on long-term capital gains from equity investments in its next budget in a bid to spur economic growth. Government officials are also debating whether to offer more help to troubled financial services and whether to increase import duties to boost private investments and domestic manufacturing.