In response to the recent rate rises, the government has announced tax cuts to help households catch up on their expenses. These cuts are aimed at providing relief to families struggling to make ends meet in the face of rising interest rates. The hope is that these tax cuts will provide some financial relief and help families stay afloat during these challenging times.
Source link
Dozens of care home residents killed in China floods
Extreme rains and flooding in northern China have resulted in 60 fatalities, primarily at a nursing home in Beijing's Miyun district, where 31 elderly residents died. Over 300,000 people have been affected, with significant damage to infrastructure, as record water levels in the Miyun reservoir and the Qingshui River contributed to the disaster, highlighting flaws in emergency preparedness. Want More Context? 🔎
Read more