Category Archives: Economy

EXPLAINER: What’s next for Europe’s natural gas during war?

Russian President Vladimir Putin is demanding payment in rubles for natural gas — or else. Germany is talking about gas rationing in case of a cutoff. Prices for the fuel used to heat homes, generate electricity and power industry are

Live updates | Zelenskyy: Troops shell retreating Russians

LVIV, Ukraine – President Volodymyr Zelenskyy said Ukrainian troops retaking areas around Kyiv and Chernihiv are not allowing Russians to retreat without a fight, but are “shelling them. They are destroying everyone they can.”

Fossil fuel backers overshadow climate change talks in Dubai

DUBAI, United Arab Emirates (AP) — A flurry of summits this week across Dubai addressed the threat of climate change, or at least acknowledged that a pivot away from fossil fuels toward cleaner sources of power is needed to keep

California corporate diversity law ruled unconstitutional

LOS ANGELES (AP) — A Los Angeles judge ruled Friday that California’s landmark law mandating that corporations diversify their boards with members from certain racial, ethnic or LGBT groups is unconstitutional.

California has $600M in unclaimed can, bottle deposits

SACRAMENTO, Calif. (AP) — California is sitting on a $600 million pile of unclaimed nickel and dime deposits on recyclable cans and bottles and now wants to give some of that back to consumers.

U.S. authorities issue final order allowing P.E.I. table potatoes back over border

WASHINGTON — Farmers in Prince Edward Island got the all-clear Friday from the U.S. Department of Agriculture to resume sending some of the world's most celebrated table potatoes back over the Canada-U.S. border.  The USDA Animal and Plant Health Inspe...

Hungary’s Orban claims he can keep nation out of Ukraine war

SZEKESFEHERVAR, Hungary (AP) — Hungary's nationalist prime minister on Friday portrayed his country's upcoming election as an existential turning point and a choice between war and peace as he made a final appeal to voters at a campaign rally in

UK opens criminal probe into P&O Ferries over crew firings

LONDON (AP) — The British government said Friday that a criminal investigation has begun into P&O Ferries after the company fired almost 800 U.K.-based crew without warning so they could be replaced by cheaper contract staff.

Industry looks to budget for help on supply chain problems, domestic production

OTTAWA — The federal Liberals are being asked to muscle space in next week's budget to help Canada become more productive, and lay investments to lure new companies as part of a push to simplify pandemic-strained supply chains. For years, Canadian

US sanctions North Korea firms over recent missile tests

WASHINGTON (AP) — The U.S. imposed sanctions on five North Korean entities Friday in response to two ballistic missile tests the reclusive Asian country conducted in February and March.

Discuss on boreal.social