Category Archives: Economy
German govt seeks to resolve wind power dispute with states
BERLIN (AP) — The German government unveiled a bill Wednesday to resolve a long-running dispute between federal authorities and the country's 16 states over where to build land-based wind power plants.
US expected to send $1 billion more in aid to Ukraine
WASHINGTON (AP) — The U.S. is expected to announce Wednesday that it will send about $1 billion in military aid to Ukraine, the largest single tranche of weapons and equipment since the war began, in a effort to help stall
Russia targets depot in western Ukraine, advances in east
KYIV, Ukraine (AP) — The Russian military said it used long-range missiles Wednesday to destroy a depot in the western Lviv region of Ukraine where ammunition for NATO-supplied weapons was being stored, and the governor of a key eastern city
Indonesian leader reshuffles Cabinet amid rising food prices
JAKARTA, Indonesia (AP) — Indonesian President Joko Widodo announced a Cabinet reshuffle on Wednesday, replacing key economic ministers amid a national cooking oil shortage and rising food prices.
Biden tells oil refiners: Produce more gas, fewer profits
President Joe Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record high prices at the pump.
EU sues UK over move to rewrite post-Brexit trade rules
BRUSSELS (AP) — The European Union sued Britain on Wednesday over its move to rewrite the trade rules agreed to when the country exited bloc two years ago, ratcheting up tensions between the major economic partners.
Russia’s economic forum to be far smaller but moves forward
MOSCOW (AP) — Organizers of Russia's showpiece investment gathering are telling foreign participants to be sure to bring cash — not necessarily for making investments, but for spending money.
Britain vows more Rwanda deportation flights after setback
LONDON (AP) — The British government vowed Wednesday to organize more flights to deport asylum-seekers from around the world to Rwanda, after a last-minute court judgment grounded the first plane due to take off under the contentious policy.
Press to join U.S.-led Indo-Pacific economic framework, business leaders urge Ottawa
WASHINGTON — There's a four-letter F-word American leaders don't much use these days when they talk about international trade: "free." Instead, President Joe Biden's newest economic relationships in the Americas and the Indo-Pacific are described as "p...
Railroad talks stall, so Biden likely to pick review board
OMAHA, Neb. (AP) — Railroad contract talks remain deadlocked after more than two years of negotiations, so President Joe Biden will likely soon have to appoint a board to help settle the dispute.
