Category Archives: Economy

US hits Russia with ‘war crimes’ sanctions, Europe following

WASHINGTON (AP) — The U.S. rolled out a new wave of financial sanctions on Wednesday against Russia that President Joe Biden said would place a lasting penalty on the country’s economy.

US charges Russian oligarch, dismantles cybercrime operation

WASHINGTON (AP) — The Biden administration has charged a Russian oligarch linked to the Kremlin with violating U.S. government sanctions, and disrupted a cybercrime operation that was launched by a Russian military intelligence agency, officials said W...

Supreme Court reinstates Trump-era water rule, for now

WASHINGTON (AP) — The Supreme Court on Wednesday reinstated for now a Trump-era rule that curtails the power of states and Native American tribes to block pipelines and other energy projects that can pollute rivers, streams and other waterways.

WVa gov Justice repeatedly late paying mine safety penalties

CHARLESTON, W.Va. (AP) — West Virginia Gov. Jim Justice has consistently missed deadlines in recent months to pay the U.S. government the millions of dollars he owes in penalties for unsafe working conditions at his coal mines, according to federal

Dutch move to hold 12 yachts ordered by wealthy Russians

THE HAGUE (AP) — The Dutch government said Wednesday it is making sure a dozen yachts ordered by super-wealthy Russians are not delivered to anyone as part of sanctions imposed over the war in Ukraine.

French prosecutors to probe McKinsey over alleged tax fraud

PARIS (AP) — French financial prosecutors have opened a preliminary investigation into suspected tax fraud by American management consulting firm McKinsey & Company. The national financial

Australia and India thank Quad for new free trade deal

CANBERRA, Australia (AP) — India and Australia’s trade ministers say a shared security partnership with the United States and Japan has helped them strike a trade deal that Australia hopes will reduce its dependence on exports to China.

Live Updates | Russia-Ukraine War

WASHINGTON — The U.S. Senate will take up legislation Thursday to end normal trade relations with Russia and to ban the importation of its oil. Both

Sri Lanka president won’t resign despite growing protests

COLOMBO, Sri Lanka (AP) — Sri Lanka's president will not step down and instead will face the country's political and economic crisis, a key government minister said Wednesday despite continuing large protests that are demanding his resignation.

White House: US, allies to ban new investments in Russia

WASHINGTON (AP) — The United States and Western allies plan to pile additional sanctions on Russia on Wednesday after the emergence of troubling new evidence of war crimes in Ukraine, according to the White House. The new penalties will include

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