Category Archives: Business

German parties reach deal to move ahead with defense boost

BERLIN (AP) — Germany’s governing coalition and the main opposition party have reached a deal to move ahead with a big increase in defense spending that Chancellor Olaf Scholz announced three months ago.

Russians, Ukrainians fight block by block in eastern city

KRAMATORSK, Ukraine (AP) — Russian troops pushed deeper into a key eastern Ukrainian city Monday, fighting street by street with Kyiv's forces in a battle that has left Sievierodonetsk in ruins. In a bid to pressure Moscow to end the

EU leaders agree to ban 90% of Russian oil by year-end

BRUSSELS (AP) — European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of

China falls short on big Pacific deal but finds smaller wins

SUVA, Fiji (AP) — China fell short Monday on a bold plan to have 10 Pacific nations endorse a sweeping new agreement covering everything from security to fisheries as some in the region expressed deep concerns.

War in Ukraine adds to food price hikes, hunger in Africa

MOGADISHU, Somalia (AP) — It now costs Ayan Hassan Abdirahman twice as much as it did just a few months ago to buy the wheat flour she uses to make breakfast each day for her 11 children in Somalia's capital.

Sri Lanka PM invites protesting youth to join governance

COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister said Sunday that protesting youth groups will be invited to be part of governance under political reforms he is proposing to solve the country’s political crisis triggered by an economic collapse.

Serbia ignores EU sanctions, secures gas deal with Putin

BELGRADE, Serbia (AP) — As the war in Ukraine rages, Serbia's president announced that he has secured an “extremely favorable” natural gas deal with Russia during a telephone conversation Sunday with Russian President Vladimir Putin.

How San Diego secured its water supply, at a cost

As a worsening drought forces millions of Californians to face mandatory water restrictions, one corner of Southern California has largely shielded itself from supply-related woes: San Diego County.

Russia test-fires its latest hypersonic Zircon missile

MOSCOW (AP) — The Russian navy on Saturday conducted another test of a prospective hypersonic missile, a demonstration of the military's long-range strike capability amid the fighting in Ukraine.

Sri Lanka police tear gas protesters opposed to president

COLOMBO, Sri Lanka (AP) — Police in Sri Lanka used tear gas and a water cannons Saturday to disperse demonstrators trying to approach the president's office to demand he resign over the country's ongoing economic crisis.