Category Archives: Economy

Germany: G7 rejects Russia’s demand to pay for gas in rubles

BERLIN (AP) — The Group of Seven major economies agreed Monday to reject Moscow’s demand to pay for Russian natural gas exports in rubles. German energy minister

Spain prepares economic support plan amid energy price spike

MADRID (AP) — Spain's government is readying a package of emergency economic measures worth 6 billion euros ($6.6 billion) in direct aid and tax breaks and 10 billion euros ($11 billion) in loans for families and businesses affected by the

Live updates: UN chief wants Ukraine humanitarian cease-fire

The United Nations chief has launched an initiative to immediately explore possible arrangements for “a humanitarian cease-fire in Ukraine” in order to allow the delivery of desperately needed aid and pave the way for serious political negotiations to ...

Ukraine war threatens food supplies in fragile Arab world

BEIRUT (AP) — Layal Aswad was already exhausted by Lebanon’s devastating two-year economic collapse. Now, as Russia’s invasion of Ukraine sends food and energy prices soaring even further, she finds herself struggling to put food on the table for her

Workers strike across India for labor rights, better pay

NEW DELHI (AP) — Millions of workers began a nationwide two-day strike across India on Monday to express their anger at the government’s economic policies and press their demands for improved rights for industrial workers, employees and farmers.

Malta premier claims election win for latest Labour triumph

VALLETTA, Malta (AP) — Maltese Prime Minister Robert Abela on Sunday claimed victory in his nation’s parliamentary election hours ahead of official results. If the win is

Without Russia, science going solo on world’s woes, dreams

PARIS (AP) — Without Russian help, climate scientists worry how they'll keep up their important work of documenting warming in the Arctic. Europe's space agency is wrestling

Scholz’s center-left party secures big win in German state

BERLIN (AP) — German Chancellor Olaf Scholz's center-left Social Democrats secured a big election win Sunday in a western state that their conservative rivals have led since 1999, in the first test at the ballot box since Scholz's national government

Live updates: Support for Ukraine shown at Oscars

At the Academy Awards ceremony in Los Angeles on Sunday night, attendees expressed support for Ukraine by going silent for 30 seconds. A tribute that started with

War shakes Europe path to energy independence, climate goals

BERLIN (AP) — Before Russia's war in Ukraine, Europe’s most pressing energy policy goal was reducing carbon emissions that cause climate change. Now, officials are fixated

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