Category Archives: Economy

Emergency powers end but questions linger on future of protest and legacy of actions

OTTAWA — The secure perimeter around downtown Ottawa, guarded by police checkpoints, will remain through the weekend as the local force tries to maintain peace and order in Canada's capital city without the extra powers they were granted through the

EXPLAINER: A look at US steps taken, and not, against Russia

WASHINGTON (AP) — U.S. President Joe Biden hit Russia with some of the broadest and toughest financial penalties that the world's biggest economy can muster on Thursday, hours after President Vladimir Putin launched his military's invasion of Ukraine. ...

Russia-Ukraine conflict raises big risks for global economy

WASHINGTON (AP) — Just what a vulnerable world economy didn’t need — a conflict that accelerates inflation, rattles markets and portends trouble for everyone from European consumers to indebted Chinese developers and families in Africa that face soarin...

NATO vows to defend its entire territory after Russia attack

BRUSSELS (AP) — NATO Secretary-General Jens Stoltenberg warned Thursday that the military alliance would defend every inch of its territory should Russia attack a member country, as he slammed Moscow for launching a brutal act of war on Ukraine.

‘Credible but cautious’: Alberta budget out of red; forecasts rosy economic future

EDMONTON — Alberta’s budget is out of the red, forecasts a rosy economic future and promises big-bucks spending on hospitals, health care and programs to plug gaps in its burgeoning labour force.  Finance Minister Travis Toews says the 2022 budget fore...

China calls for talks on Ukraine, OKs Russian wheat imports

BEIJING (AP) — China called Thursday for talks to resolve the Ukraine crisis and avoided criticizing President Vladimir Putin’s attack while, in a step that could blunt the impact of Western sanctions, Beijing also approved imports of Russian wheat.

Spain: Opposition party to choose new leader in April

MADRID (AP) — Spain's top opposition leader Pablo Casado will remain in charge of the Popular Party until early April, when party members are expected to choose a new leadership following an ugly internal clash that, according to early surveys,

World leaders slap sanctions on the Kremlin over invasion

BRUSSELS (AP) — World leaders Thursday condemned Russia's invasion of Ukraine as “barbaric” and quickly slapped heavy sanctions on the Russian economy, President Vladimir Putin's inner circle and many of the country's oligarchs.

Live updates: Ukraine diplomat urges China to talk to Putin

The latest on the Russia-Ukraine crisis: TOKYO — The Ukrainian ambassador to Japan is urging China to join international efforts to stop the Russian “massacre” in his

Tough sanctions loom against Russia, effectiveness uncertain

WASHINGTON (AP) — After the threat of sweeping sanctions didn't deter Russia's attack on Ukraine, U.S. Treasury Department officials and their counterparts in Europe now face the task of carrying through on their vow to make Russia's economy and its

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