Category Archives: Economy
Biden wants to cut into China’s electric battery dominance
SACRAMENTO, Calif. (AP) — President Joe Biden highlighted his efforts to counter China's dominance of the electric battery market on Tuesday as he touted domestic efforts to mine and process lithium and rare metals necessary to create the technology th...
Highlights of British Columbia budget for the 2022-23 fiscal year
VICTORIA — Here are highlights from the B.C. budget tabled Tuesday: — The government is earmarking $2.1 billion to fund disaster recovery efforts and future response to the threats from wildfires, floods and heat waves. — The deficit is forecast to be
U.S. warns Canada, again, that it’s not happy about proposed digital services tax
WASHINGTON — The U.S. Trade Representative's office has once again made its feelings clear about Canada's plan to implement a controversial new tax on digital services. The office issued an abrupt statement today, the final day of public consultation ...
Biden’s full plate: Ukraine, inflation, low public approval
On the same day that President Joe Biden called out Russia and and issued harsh sanctions for its invasion of Ukraine, his only other public appearance was an event focused on the need to unkink the supply chain for minerals
Biden halts oil, gas leases amid legal fight on climate cost
WASHINGTON (AP) — The Biden administration is delaying decisions on new oil and gas drilling on federal land and other energy-related actions after a federal court blocked the way officials were calculating the real-world costs of climate change.
Quebec to table budget on March 22 that will address inflation woes, rising costs
Quebec Finance Minister Eric Girard says he will table a provincial budget on March 22. Girard announced the date today at the legislature, saying it will be a responsible budget focused on sound management of such government priorities as health, educ...
Musk, lawyer escalate word fight with securities regulators
DETROIT (AP) — Elon Musk and his lawyers are escalating their fight with U.S. securities regulators, with a lawyer accusing them of leaking investigative information, and the Tesla CEO alleging on Twitter that government corruption is being exposed. ...
EU forum puts crucial Indo-Pacific region squarely on radar
PARIS (AP) — Foreign ministers from Indo-Pacific nations attended a Paris conference Tuesday aimed at bringing the region, an important partner for trade and exports, squarely into Europe’s focus in a rapidly changing world with rising security challen...
Sri Lanka imposes rolling power cuts as cash crisis deepens
COLOMBO, Sri Lanka (AP) — Authorities in Sri Lanka are imposing rolling power cuts across the island nation as its deepening financial crisis leads to shortages of fuel and handicaps its power grid.
MacKenzie Scott donates $50M to support USDA youth programs
MacKenzie Scott's $50 million gift to the National 4-H Council, which the youth-focused nonprofit called “transformational,” is part of a new patch of the philanthropist's donations now coming to light.
