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France Slaps 7B Euro Taxes On Rich And Big Firms

France's new Socialist government announced tax rises worth 7.2 billion euros on Wednesday, including heavy one-off levies on wealthy households and big corporations, to plug a revenue shortfall this year caused by flagging economic growth.
Lopez Obrador

Lopez Obrador Refuses To Concede In Mexico's Presidential Elections, Again

After turning up second in Mexico's presidential elections, leftist candidate Andres Manuel Lopez Obrador questioned the legitimacy of the results and refused to concede, following a similar scenario in 2006 when he lost to President Felipe Calderon by little more than half a percentage point.

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