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A budget that will define the next Half Decade under labour begins to take shape with more investment in big projects, more borrowing, and perhaps less of a Tax Rise than expected. And devastating israeli strikes on beirut actively targeting hezbollah s leadership, as Benjamin Netanyahu dashes back from the Un And Tehran holds emergency meetings. Where will this escalation take the region and the world . Good evening. This is newsnight, home to Insight And Analysis from home and abroad. Well discuss the emerging situation in the Middle East a little later, matters could develop as we are on air. Breaking news is that they hezbollah it senior leadership is unr ....