Category Archives: Economy
Russia’s ruble rebound raises questions of sanctions’ impact
WASHINGTON (AP) — The ruble is no longer rubble. The Russian ruble by Wednesday had bounced back from the fall it took after the U.S. and
Satellite modems nexus of worst cyberattack of Ukraine war
A malicious software command that immediately crippled tens of thousands of modems across Europe anchored the cyberattack on a satellite network used by Ukraine’s government and military just as Russia invaded, the satellite owner disclosed Wednesday. ...
Small businesses seek extra hiring aid in federal budget to help with recovery
OTTAWA — The voice of Canadian small business says it hopes the federal government breathes extra months of life into an incentive for companies to hire new staff, a way to help firms only now hitting recovery mode. Dan Kelly, president
Biden eyes boost to mining of minerals for electric vehicles
WASHINGTON (AP) — Facing higher oil prices after Russia's invasion of Ukraine, President Joe Biden is looking at invoking the Defense Production Act this week to increase the mining of critical minerals for the batteries used in electric vehicles.
Testimony: Pope approved Vatican payout for London property
VATICAN CITY (AP) — Pope Francis allegedly authorized negotiating an exit strategy for a key figure in the Vatican’s bungled London real estate investment and was so satisfied with the outcome that he paid for a celebratory dinner at a
Growth slows for endangered Mexican gray wolf population
ALBUQUERQUE, N.M. (AP) — There are now more Mexican gray wolves roaming the southwestern U.S. than at any time since the federal government started to reintroduce the endangered species, wildlife managers said Wednesday.
Hungary accuses Ukraine of interfering in upcoming election
BUDAPEST, Hungary (AP) — Hungary’s foreign minister on Wednesday accused Ukraine’s leadership of attempting to interfere in the upcoming Hungarian election, a charge later denied by his Ukrainian counterpart in an episode that put further strain on rel...
Biden receives 2nd booster, presses Congress on virus funds
WASHINGTON (AP) — President Joe Biden called on Congress to pass billions of dollars in additional funding to fight the COVID-19 pandemic on Wednesday, as he received a second booster dose of the Pfizer vaccine a day after federal regulators
EXPLAINER: What would paying for natural gas in rubles mean?
BERLIN (AP) — Europe's already high gas prices have gyrated since Russian President Vladimir Putin announced plans to have importers pay for Russian natural gas in rubles instead of dollars and euros.
EU proposes new rules to discourage disposable fast fashion
BRUSSELS (AP) — The European Union warned consumers to stop using their clothes like throwaway items and said Wednesday that it plans to counter the polluting use of mass-market fast fashion.
