Category Archives: Economy
Bills deal renews debate over public dollars for arenas
ALBANY, N.Y. (AP) — New York looks poised to become the next place to give a huge subsidy to a professional sports arena, despite questions about whether the civic pride of having a team justifies giving so much public money
Highlights of Nova Scotia’s 2022-23 provincial budget
HALIFAX — Nova Scotia Finance Minister Allan MacMaster tabled a $13.2-billion budget for 2022-23 on Tuesday. Here are some highlights: - Projected deficit of $506.2 million, increasing the province's net debt to about $18.4 billion. - The deficit is be...
Poland moves to block coal imports from Russia
WARSAW, Poland (AP) — Poland's government decided Tuesday to block imports of coal from Russia, part of an overarching strategy to reduce energy dependence on Russia that gained new urgency after Moscow's invasion of Ukraine.
Spain, Portugal emerge as ‘energy island’ in Europe’s crisis
BARCELONA, Spain (AP) — Amid the mayhem provoked in the world energy market by Russia's invasion of Ukraine, Spain and Portugal have emerged in a strategically advantageous position as an “energy island” in Europe, with a relatively low reliance on
New York AG asks appeals court to enforce Trump subpoena
NEW YORK (AP) — New York's attorney general is asking a state appeals court to uphold a lower court ruling requiring former President Donald Trump to answer questions under oath after a civil investigation into his business practices uncovered evidence...
With war next door, EU is warned on cybersecurity gaps
BRUSSELS (AP) — As Russia’s invasion of Ukraine accelerates European Union defense cooperation, a watchdog said Tuesday that EU institutions face vulnerabilities on another front: cybersecurity. The
Georgia House panel backs referendum to legalize gambling
ATLANTA (AP) — Georgia voters could decide in November whether they want to allow betting on sports and horse racing, as well casino gambling, under a proposed constitutional amendment advancing in the state House.
A list of Canadian companies cutting ties with Russia over invasion of Ukraine
A number of Canadian companies have suspended or moved to withdrawal from Russia following its unprovoked invasion of Ukraine. Here is a partial list of those firms: Alberta Investment Management Corp. — Alberta investment manager says it will divest a...
EU regulator starts reviewing Spanish COVID vaccine booster
MADRID (AP) — The European Union's drug regulator said Tuesday it has begun an accelerated review process for an experimental coronavirus vaccine booster made by the Spanish company Hipra.
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.
