Category Archives: Business

EU to subtract millions from funds to Poland over coal mine

WARSAW, Poland (AP) — The European Union is starting the process to deduct millions of euros from payments to Poland in order to cover fines imposed on Warsaw for ignoring a court injunction to close down a coal mine, an

Army Corps of Engineers gets $14B to help ease supply chains

The Biden administration on Wednesday announced the release of $14 billion to the Army Corps of Engineers to fund 500 projects, with a focus on easing supply chain problems and addressing climate change.

Dutch cultural sector protests pandemic lockdown measures

AMSTERDAM (AP) — Amsterdam's Concertgebouw orchestra played second fiddle Wednesday to a pair of hairdressers. Vincent van Gogh's self-portraits were briefly upstaged by a nail salon and barber as civil disobedience to protest the Dutch coronavirus loc...

Hungary opposition leader tests positive for COVID-19

BUDPAPEST, Hungary (AP) — The leader of Hungary's political opposition said Wednesday that he has tested positive for COVID-19 amid a surge in cases fueled by the highly transmissible omicron variant.

Hungary opposition leader tests positive for COVID-19

BUDPAPEST, Hungary (AP) — The leader of Hungary's political opposition said Wednesday that he has tested positive for COVID-19 amid a surge in cases fueled by the highly transmissible omicron variant.

Greece boosts air force with advanced French jet fighters

TANAGRA, Greece (AP) — French-built fighter jets roared Wednesday over the Acropolis as Greece races to modernize its military and flaunts new security alliances aimed at checking neighboring Turkey.

Slovakia imposes COVID restrictions to get ready for omicron

BRATISLAVA, Slovakia (AP) — Slovakia on Wednesday limited access to what the government considers the most risky events and public gatherings as the country gets ready for the highly infectious omicron coronavirus variant.

COVID contact means Michel can’t be at EU parliament session

BRUSSELS (AP) — European Council President Charles Michel on Wednesday became the second top-level European Union official who has had to pull out of the bloc’s parliament session because of contact with someone who tested positive for the coronavirus....

Turkey’s deal with UAE to build foreign exchange reserves

ANKARA, Turkey (AP) — Turkey and the United Arab Emirates have agreed to a currency swap deal equivalent to $4.74 billion to boost Turkey’s depleted foreign exchange reserves, the Turkish central bank announced Wednesday.

Annual inflation rate hits 30-year high, upping pressure on Bank of Canada

OTTAWA — Headline inflation in Canada hit a 30-year high at the end 2021 with warnings from economists that the pace of price increases could rise even higher and stirring expectations of a central bank response before the month is

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