Category Archives: Economy

Western embassies reject Serbia PM’s protest allegations

BELGRADE, Serbia (AP) — The United States, the U.K. and Germany on Friday rejected allegations that the three countries financed protests that have shaken the Balkan nation's populist government.

Climate, COVID, China: Takeaways from online Davos event

GENEVA (AP) — Government and business leaders have urged cooperation on the world's biggest issues — climate change, the coronavirus pandemic and the economic recovery — at the World Economic Forum's virtual gathering.

Liberals tout rapid-housing program as MPs delve anew into probe of home prices

OTTAWA — The federal government finished the week by touting the popularity of a program designed to quickly build or buy affordable housing for the nation's most vulnerable — one piece of a larger home-price puzzle. The program first launched at

Russia hits all-time high of new infections, blames omicron

MOSCOW (AP) — Daily new coronavirus infections in Russia reached an all-time high Friday and authorities blamed the highly contagious omicron variant, which they expect to soon dominate the country's outbreak.

US unveils changes to attract foreign science, tech students

The Biden administration on Friday announced policy changes to attract international students specializing in science, technology, engineering and math — part of the broader effort to make the U.S. economy more competitive.

Intel to build $20B Ohio chip facility amid global shortage

COLUMBUS, Ohio (AP) — Chipmaker Intel said Friday it will invest $20 billion to build a new factory in Ohio, an attempt to help alleviate a global shortage of chips powering everything from phones to cars to home appliances while

Italy’s next moral compass? Berlusconi, 85, eyes presidency

ROME (AP) — Italy is poised to elect a new president, meant to serve as the nation’s moral compass and foster unity by rising above the political fray.

Nevada geothermal power lawsuit bound for US appeals court

RENO, Nev. (AP) — A federal appeals court will have to decide whether protecting historical tribal lands and a rare toad warrant blocking a major geothermal plant in Nevada as the nation tries to move away from fossil fuels amid

EXPLAINER: Why fear of 5G halting flights has faded

The rollout of new 5G wireless service in the U.S. failed to have the much-dreaded result of crippling air travel, although it began in rocky fashion, with international airlines canceling some flights to the U.S. and spotty problems showing up

California’s COVID gun store shutdowns ruled illegal

SACRAMENTO, Calif. (AP) — Two California counties violated the Constitution's right to keep and bear arms when they shut down gun and ammunition stores in 2020 as nonessential businesses during the coronavirus pandemic, a federal appeals court ruled Th...

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