Category Archives: Economy

Canadians cutting back spending on groceries, restaurants as inflation rises: poll

OTTAWA — A new poll suggests Canadians are looking for ways to cut back on spending as their concerns about the cost of living rise alongside headline inflation rates. Four-fifths of respondents to the Leger poll had started or planned to

Live updates: Ukraine says it’ll take years to defuse mines

KYIV, Ukraine — Ukraine’s interior minister said Friday that it will take years to defuse unexploded ordnances after the Russian invasion. Speaking to The Associated Press in

China weighs exit from ‘zero COVID’ and the risks involved

BEIJING (AP) — Even as authorities lock down cities in China's worst outbreak in two years, they are looking for an exit from what has been a successful but onerous COVID-19 prevention strategy.

California lawmakers vote to make abortions cheaper

SACRAMENTO, Calif. (AP) — California lawmakers on Thursday voted to make abortions much cheaper for people on private health insurance plans, bringing California closer to becoming the fourth state in the country to ban insurance fees for the procedure...

Contaminated Columbia River island added to Superfund list

SPOKANE, Wash. (AP) — The U.S. Environmental Protection Agency on Thursday added Bradford Island and surrounding waters of the Columbia River to its Superfund list of toxic waste sites, beginning the process for the eventual cleanup of the area.

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...

Russia says it transferred bond payment to avoid default

LONDON (AP) — Russia's Finance Ministry said it transferred a $117 million bond interest payment in an attempt to avoid a default on government debt but left it open if the money actually reached foreign investors by the deadline.

Spanish authorities deploy 23,000 police amid trucker strike

MADRID (AP) — Spain’s government said Thursday it is mobilizing more than 23,000 police to crack down on striking truck drivers blamed for attacks on colleagues who haven’t joined the open-ended walkout.

Big new California reservoir on track for $2.2B federal loan

SACRAMENTO, Calif. (AP) — A long-delayed plan to build a giant reservoir in Northern California to help withstand the U.S. West’s notorious droughts got a huge financial boost on Thursday when the federal government signaled its intent to loan the

Major UK ferry operator fires 800 crew, disrupting service

LONDON (AP) — A ferry operator owned by the government of Dubai sparked a furious response from workers and criticism from British authorities Thursday after firing 800 U.K.-based crew members without notice amid plans to replace them with cheaper staf...

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