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PhilipHammond-112316.jpg U.K. economic growth is set to slow drastically next year and the government will no longer aim to balance the books by 2020 due to high uncertainty and weaker growth outlook, the Chancellor of the Exchequer Philip Hammond said Wednesday, in the his first budget presentation after the 'Brexit' vote late June.

U.K. economic growth is set to slow drastically next year and the government will not longer aim to balance the books by 2020 due to high uncertainty and weaker growth outlook, the Chancellor of the Exchequer Philip Hammond said Wednesday, in the his first budget presentation after the 'Brexit' vote...

German Chancellor Angela Merkel has decided to run for a fourth term next year, according to reports citing officials from her party. Ms Merkel, 62, is expected to formally announce her intention later on Sunday at the headquarters of the Christian Democratic Union or CDU in Berlin. Merkel will...

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