Category Archives: Economy
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.
Pot retailer denies executives pressured state officials
ALBANY, N.Y. (AP) — The legal record will show that executives of the Cannabis retailer Ascend Wellness did not exert political pressure on Gov. Kathy Hochul's administration by attending a December fundraiser and then meeting with state officials, its...
Supreme Court rejects Epstein sex abuse accuser’s lawsuit
WASHINGTON (AP) — The Supreme Court is leaving in place a decision throwing out a lawsuit filed by a woman who accused billionaire financier Jeffrey Epstein of sexually abusing her when she was a child.
EXPLAINER: A look at toughest US sanctions facing Russia
WASHINGTON (AP) — President Joe Biden on Tuesday rolled out the first of what the U.S. says could be an ever-fiercer, ever-broader cascade of financial sanctions and penalties over Russia’s moves against Ukraine.
Biden putting ‘Buy American’ frame around critical minerals development efforts
WASHINGTON — President Joe Biden is once again draping the union-friendly, red, white and blue bunting of his Buy American philosophy over a key component of his administrative agenda — one in which Canada dearly wants to play a role. The
EXPLAINER: What is the Russia-Europe Nord Stream 2 pipeline?
FRANKFURT, Germany (AP) — German Chancellor Olaf Scholz has suspended the certification process for the Nord Stream 2 natural gas pipeline after Russia recognized separatist-held regions in eastern Ukraine.
EU advises further relaxing travel rules for foreigners
BRUSSELS (AP) — European Union member countries agreed Tuesday that they should further facilitate tourist travel into the 27-nation bloc for people who are vaccinated against the coronavirus or have recovered from COVID-19.
Philippines signs $624 million deal for 32 Black Hawks
MANILA, Philippines (AP) — The Philippines signed a 32 billion-peso ($624 million) deal Tuesday to purchase 32 Black Hawk helicopters in the largest military aircraft acquisition contract under outgoing President Rodrigo Duterte, defense officials said...
Ukraine-Russia: Germany suspends Nord Stream 2 gas pipeline
BERLIN (AP) — Germany has taken steps to halt the process of certifying the Nord Stream 2 gas pipeline from Russia, Chancellor Olaf Scholz said Tuesday, as the West started taking punitive measures against Moscow over the Ukraine crisis.
