Category Archives: Economy
Deadly secret: Electronic warfare shapes Russia-Ukraine war
KYIV, Ukraine (AP) — On Ukraine’s battlefields, the simple act of powering up a cellphone can beckon a rain of deathly skyfall. Artillery radar and remote controls for unmanned aerial vehicles may also invite fiery shrapnel showers.
German lawmakers vote to approve huge fund for military
BERLIN (AP) — German lawmakers voted Friday to approve a 100 billion-euro ($107 billion) special fund to strengthen the country's military, preparing the way for a massive procurement drive three months after Russia's invasion of Ukraine jolted the gov...
Envoy says US, allies preparing for N. Korean nuclear test
SEOUL, South Korea (AP) — President Joe Biden’s special envoy for North Korea said Friday the United States is “preparing for all contingencies” in close coordination with its South Korean and Japanese allies as it monitors North Korean arrangements fo...
California regulators approve state’s 1st robotic taxi fleet
California regulators on Thursday gave a robotic taxi service the green light to begin charging passengers for driverless rides in San Francisco, a first in a state where dozens of companies have been trying to train vehicles to steer themselves
Amazon said to be impeding House probe of warehouse collapse
Congressional Democrats are accusing Amazon of “obstructing” their investigation into the company’s labor practices during severe weather events. Members of the House Committee on Oversight and Reform
Space Command base change process was flawed, report says
DENVER (AP) — The U.S. Air Force abruptly changed its procedures to select a permanent headquarters for the U.S. Space Command during the election year of 2020, which led to it choosing heavily Republican Alabama over Democrat-dominated Colorado after ...
Go-broke dates pushed back for Social Security, Medicare
WASHINGTON (AP) — A stronger-than-expected economic recovery from the pandemic has pushed back the go-broke dates for Social Security and Medicare, but officials warn that the current economic turbulence is putting additional pressures on the bedrock r...
Bank of Canada open to hiking interest rates past 3% in bid to bridle inflation
OTTAWA — The Bank of Canada may need to raise its key interest rate to three per cent or beyond — more than double its current level — to ensure inflation doesn't settle in for the long haul, its deputy
Nova Scotia ruling out second package of inflation-aid measures
HALIFAX — The Nova Scotia government is ruling out a second package of short-term inflation relief just two weeks after Finance Minister Allan MacMaster said more measures were on their way. The province announced a $13-million package in March that in...
New CN chief executive says francophones board member coming soon
MONTREAL — The new chief executive of Canadian National Railway Co. did not apologize on behalf of her company for the absence of francophones on its board of directors. Tracy Robinson told a parliamentary committee on Wednesday that she is
