Category Archives: Economy

A look at Canada’s sanctions and other actions against Russia

Canada has toughened sanctions against Russia following Moscow's attack on neighbouring Ukraine.Canada has sanctioned more than 900 Russian, Ukrainian and Belarusian entities and individuals it says are enabling and supporting President Vladimir Putin'...

Embattled Federal Reserve pick Raskin withdraws nomination

WASHINGTON (AP) — Sarah Bloom Raskin, under fire from Senate Republicans for her views on climate change and financial regulation, has withdrawn her name from consideration for a key post on the Federal Reserve's Board of Governors.

Embattled Federal Reserve pick Raskin withdraws nomination

WASHINGTON (AP) — Sarah Bloom Raskin withdrew her nomination Tuesday to a position on the Federal Reserve’s Board of Governors after a key Democrat had joined with all Senate Republicans to oppose her confirmation.

Pandemic preparedness bill moves ahead; funding still needed

WASHINGTON (AP) — A Senate committee on Tuesday approved a bipartisan blueprint to overhaul the nation’s public health system, applying the lessons of COVID-19 to future outbreaks through a new chain of command, a stronger medical supply chain, and cle...

Pfizer asks US to allow 4th COVID vaccine dose for seniors

WASHINGTON (AP) — Pfizer and its partner BioNTech asked U.S. regulators Tuesday to authorize an additional booster dose of their COVID-19 vaccine for seniors, saying data from Israel suggests older adults would benefit.

Critics take aim at legalized sports betting in Minnesota

ST. PAUL, Minn. (AP) — Critics of a bill to legalize sports betting in Minnesota warned legislators Tuesday that it would worsen problem gambling and favor tribes over other gaming interests.

EU and UK hit Russia with wider sanctions that target luxury

BRUSSELS (AP) — Pure-bred horses, truffles, a soccer club owner and a media company chief. New European Union sanctions against Russia on Tuesday sought to deny oligarchs

EU imposes sanctions on Chelsea owner Roman Abramovich

BRUSSELS (AP) — The European Union imposed sanctions Tuesday on Chelsea soccer club owner Roman Abramovich as part of a new package of measures targeting Russia and President Vladimir Putin's close allies.

War yields softer sentence in illegal campaign donation case

NEW YORK (AP) — A Ukraine-born businessman was sentenced Tuesday to a year and a day in prison for his conviction in a conspiracy that enabled a Russian tycoon to make illegal donations to U.S. political candidates with help from

As new Omicron variant looms, White House urges Congress to restore COVID-19 funding

WASHINGTON — With inflation spiralling, gas prices soaring and the soil of Ukraine now sown with the seeds of another great-powers conflict, the White House issued a pointed reminder Tuesday about another international crisis the United States isn't qu...

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