Here's your summary from Kenya’s Ruto Scraps $2.3 Billion Tax Bill After Deadly Protests (https://www.youtube.com/watch?v=BmtesV3TafY) on the Bloomberg Television channel:

**TLDR:** President Ruto of Kenya scraps a $2.3 billion tax bill after deadly protests, leading to potential austerity measures and budget cuts.

1. President Ruto concedes and refuses to sign the tax bill, sending it back to parliament for revisions.

2. International pressure mounts on Kenya due to violence and police actions during protests.

3. Markets react negatively to the uncertainty, with concerns about long-term solvency and potential austerity measures.

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