Category Archives: Economy

CFIB urges Ottawa to reverse trucker vaccine rule amid driver shortage, higher costs

TORONTO — Canada's largest association of small and medium-sized businesses is urging the federal government to reverse its policy banning unvaccinated truck drivers from entering Canada. The Canadian Federation of Independent Business says the vaccine...

Ukraine crisis updates: What to know as tensions rise

WARSAW, Poland (AP) — Russia has placed more than 100,000 troops near Ukraine's border and ratcheted up war games in the region. Moscow denies it is

Denmark ends most virus restrictions, as Sweden extends them

COPENHAGEN, Denmark (AP) — Denmark’s government said Wednesday it will scrap most pandemic restrictions next week, even as neighboring Sweden extended its own measures for another fortnight.

Greek army helps remove vehicles on snow-plagued road

ATHENS, Greece (AP) — Greek army and municipal crews removed hundreds of vehicles Wednesday that had been stranded in snow for three days along a road linking Athens to its international airport, as authorities struggled to clear blocked thoroughfares ...

Ukraine’s front line: Where lives turn on distant decisions

ZOLOTE, Ukraine — In trenches dusted with snow and tinged with soot, men search for enough cellphone signal to hear the latest from the distant capitals that will decide their fate.

German government cuts 2022 economic growth forecast to 3.6%

BERLIN (AP) — The German government on Wednesday cut its growth forecast for this year, but said that Europe's biggest economy remains “robust” and will return to its pre-pandemic size in 2022.

EPA acts to curb air, water pollution in poor communities

WASHINGTON (AP) — The Environmental Protection Agency announced a series of enforcement actions Wednesday to address air pollution, unsafe drinking water and other problems afflicting minority communities in three Gulf Coast states, following a “Journe...

Poll suggests some Canadians are feeling brighter about the economy, own finances

OTTAWA — A new poll suggests some Canadians are feeling more upbeat about the state of the domestic economy and their own pocketbooks, though not quite as positive as they were before the COVID-19 pandemic. The annual Leger survey of economic

Bank of Canada keeps key interest rate target on hold, but warns of looming hikes

OTTAWA — The Bank of Canada kept its key interest rate on hold Wednesday, but warned higher interest rates are coming to help it reel in inflation from its hottest pace in three decades. The central bank lined up to kick

UK government holds breath as it awaits ‘partygate’ report

LONDON (AP) — Prime Minister Boris Johnson braced Wednesday for the conclusions of an investigation into allegations of lockdown-breaching parties, a document that could help him end weeks of scandal and discontent, or bring his time in office to an

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