Category Archives: Economy
Draghi leads push for common EU response to energy crisis
ROME (AP) — Italian Premier Mario Draghi hosted leaders from three fellow Mediterranean countries Friday to push for an urgent, common European response to the energy crisis, which has been worsened by Russia’s invasion of Ukraine and is threatening th...
California governor floats $100M plan for tribes to buy land
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom on Friday proposed giving Native American tribes $100 million so they can purchase and preserve their ancestral lands. The
Drought-stricken California imposes new round of water cuts
SACRAMENTO, Calif. (AP) — California's urban water users and farmers who rely on supplies from state reservoirs will get less than planned this year as fears of a third consecutive dry year become reality, state officials announced Friday.
Russian oil sale to India complicates Biden’s efforts
WASHINGTON (AP) — President Joe Biden’s campaign to unite the globe against the Russian invasion of Ukraine is being challenged not only by adversaries such as China but also by the world’s most populous democracy, India.
High energy costs trigger unrest in parts of Europe
LISBON, Portugal (AP) — High energy costs are stoking unrest in parts of Europe, with Spain deploying more than 23,000 police officers amid a truckers’ strike Friday and farmers in France and Greece snarling traffic with their protests.
Ukraine war ups pressure for US oil; industry faces hurdles
BILLINGS, Mont. (AP) — In the oil fields of northern Montana, industry veteran Mac McDermott watched crude prices whipsaw from $75 a barrel in January to more than $120 as Russia pressed its war in Ukraine, then down again when
Hit by high costs, Greek farmers stage tractor protest
ATHENS, Greece (AP) — Holding up vegetables and black flags, hundreds of protesting farmers blocked traffic in central Athens on Friday to demand that the government grant them additional concessions to cope with high energy costs.
German lawmakers vote to abolish most pandemic restrictions
BERLIN (AP) — German lawmakers voted Friday to abolish most of the country's coronavirus pandemic restrictions despite a surge in infections, with almost 300,000 new daily cases reported.
Bulgaria’s ex-PM Borissov freed after corruption probe
SOFIA, Bulgaria (AP) — Bulgaria's ex-Prime Minister Boyko Borissov was released from custody on Friday after prosecutors failed to come up with enough evidence to press charges against him.
P&O Ferries mass firings of UK crew members outrage unions
LONDON (AP) — Unions protested at British ports Friday, demanding the government step in to save jobs and protect key trade routes after major ferry operator P&O Ferries fired 800 U.K. crew members to replace them with cheaper contract staff.
