Global News Wrap: Kenya Tax Plans, Missing UK Tech Tycoon, China-Vietnam Deals

Kenya plans to revive some scrapped tax measures, risking unrest. British tech entrepreneur Mike Lynch is missing after a yacht incident. China and Vietnam signed 14 bilateral deals. Hamas and Islamic Jihad claimed a bombing in Tel Aviv. Various global tensions and incidents were reported, including a U.S. push for a Gaza ceasefire and protests in India over a doctor's murder.


Devdiscourse News Desk | Updated: 19-08-2024 18:42 IST | Created: 19-08-2024 18:42 IST
Global News Wrap: Kenya Tax Plans, Missing UK Tech Tycoon, China-Vietnam Deals
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Kenya's government is set to reintroduce some tax measures eliminated after deadly June protests, according to Finance Minister John Mbadi, potentially igniting further unrest. Mbadi mentioned on Citizen TV that only selected measures would return to fund essential services.

British tech mogul Mike Lynch has gone missing after his luxury yacht sunk off Palermo, Sicily, amid a violent storm. Lynch was recently acquitted of fraud charges linked to the $11 billion sale of his company Autonomy to HP.

In a move to bolster bilateral relations, China and Vietnam signed 14 agreements ranging from cross-border railways to crocodile exports during Vietnamese leader To Lam's visit to Beijing. Lam's trip aimed to strengthen economic and trade ties despite ongoing territorial disputes in the South China Sea.

(With inputs from agencies.)

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