Category Archives: Economy

Government wants quick resolution to CP Rail work stoppage, labour minister says

OTTAWA — The work stoppage at CP Rail could not have come at a worse time for Canadians and the government wants a deal to end the impasse immediately, said federal Labour Minister Seamus O'Regan. But O'Regan was not ready to

‘Do the right thing’: How US, allies united to punish Putin

WASHINGTON (AP) — Just days before Russia invaded Ukraine on Feb. 24, President Joe Biden quietly dispatched a team to European Union headquarters in Belgium. These were

Ukraine war is backdrop in US push for hypersonic weapons

PORTLAND, Maine (AP) — Lagging behind Russia in developing hypersonic weapons, the U.S. Navy is rushing to field its first, with installation on a warship starting as soon as late next year.

Liberals may find extra spending room in budget created by rising oil prices

OTTAWA — The federal government may find itself with billions more in spending room on the back of soaring oil prices that experts say could lower the deficit, or give the Liberals space to fund a bevy of campaign pledges. It's

Live updates: Ammonia leak contaminates area in east Ukraine

LVIV, Ukraine — An ammonia leak at a chemical plant in the eastern Ukrainian city of Sumy has contaminated an area with a radius of more than 2.5 kilometers (about 1.5 miles), officials said early Monday.

Bulgaria protests decision to free ex-PM with no charges

SOFIA, Bulgaria (AP) — A prosecutor’s decision to release Bulgaria's former Prime Minister Boyko Borissov from custody without pressing any corruption charges against him prompted sharp criticism Saturday from Bulgaria’s government.

Africa mostly quiet amid widespread condemnation of Russia

KAMPALA, Uganda (AP) — Ugandan President Yoweri Museveni recently remarked that Russia's war on Ukraine should be seen in the context of Moscow being the “center of gravity” for Eastern Europe.

Live updates: 20 babies from surrogate moms in bomb shelter

KYIV, Ukraine -- In peacetime, Ukraine has a thriving surrogate industry, one of the few countries where foreigners can get Ukrainian women to carry their pregnancies. Now at least 20 of those babies are stuck in a makeshift bomb shelter

Hydropower eyes bigger energy role, less environmental harm

WASHINGTON (AP) — In southwestern Pennsylvania, eight locks and dams that for decades helped barges move goods along the Allegheny, Monongahela and Ohio rivers will in a few years also generate enough power for 75,000 homes.

Hawaii says water in Pearl Harbor homes is safe to drink

HONOLULU (AP) — The Hawaii Department of Health said Friday that the tap water in all residential areas served by the Navy's Pearl Harbor water system is safe to drink, more than three months after a petroleum leak from a

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