Category Archives: Economy

Nations ‘united’ in seeking to cut Russian oil, gas imports

PARIS (AP) — Dozens of nations, including the United States and much of Europe, say they are united in seeking to “radically” reduce imports of Russian oil and gas after its invasion of Ukraine, while ensuring those efforts don’t fuel

NYC lifts vaccine rule that blocked athletes from home games

NEW YORK (AP) — New York City's mayor exempted athletes and performers — including Brooklyn Nets star Kyrie Irving — from the city’s vaccine mandate Thursday, while keeping the rule in place for private and public workers who risk losing

St. Lawrence Seaway opens ready to fill commodity void from Ukraine war

The St. Lawrence Seaway officially opened Thursday for a 64th navigation season with the prospect of increased demand for Canadian grain and fertilizer stemming from the war in Ukraine. Sanctions against Russia and devastation across Ukraine could dram...

Pressured by patients, FDA reviews ALS drug with modest data

WASHINGTON (AP) — When patients are battling a terminal illness and want access to an experimental drug, how much evidence that it works should regulators require before approval?

French firms hesitate amid growing pressure to leave Russia

PARIS (AP) — French automaker Renault plans to pause production at its Moscow plant in an apparent move to fend off mounting criticism, breaking ranks with other major French companies that have defied pressure to keep operating in Russia after

NATO extends Stoltenberg term for a year due to Russia’s war

BRUSSELS (AP) — With the threat of wider conflict hanging over Europe, NATO opted for stability on Thursday by extending Secretary-General Jens Stoltenberg’s term in office for an extra year to help steer the 30-nation military alliance through the sec...

Germany unveils fuel subsidies, discounted public transport

BERLIN (AP) — The Germany government has announced a package of measures to help cushion the blow of high energy prices for consumers, with fuel subsidies, discounted public transport, tax benefits and additional support for the poorest.

US states seek to ease inflation burden with direct payments

PORTLAND, Maine (AP) — With inflation raging and state coffers flush with cash, governors and lawmakers across the U.S. are considering a relatively simple solution to help ease the pain people are feeling at the gas pump and grocery store

Prince William expresses sorrow for slavery in Jamaica visit

LONDON (AP) — Prince William has expressed his “profound sorrow” for slavery during a visit to Jamaica, though he stopped short of offering the apology demanded by protesters who are also seeking reparations for Britain’s role in the slave trade.

Poland abolishing practically all COVID-19 restrictions

WARSAW, Poland (AP) — Poland is abolishing practically all of its COVID-19 restrictions next week, a government official said Thursday. People will no longer be required to

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