Category Archives: Economy
Feds not doing enough to make sure hard-to-reach groups access benefits: auditor
OTTAWA — The government is still struggling to get key supports like the Canada Child Benefit into the hands of hard-to-reach groups like those living on First Nations, and isn’t doing enough to make sure the money goes where it’s
Government failing disabled veterans with delays, long wait times: auditor general
OTTAWA — The federal government is failing to keep its promise to care for veterans, Canada’s auditor general declared on Tuesday as she called for a real plan to ensure ill and injured ex-soldiers aren’t forced to wait months, or
Hungary’s Orban wins exemption in EU Russian oil embargo
BUDAPEST, Hungary (AP) — Hungary's divisive leader has once again got his own way with the European Union — this time in tough negotiations on Russian oil at a summit in Brussels.
Sievierodonetsk mayor says Russian forces seize half of city
SLOVIANSK, Ukraine (AP) — Russian forces in a “frenzied push” have seized half of Sievierodonetsk, the eastern Ukrainian city that is key to Moscow’s efforts to complete the capture of the industrial Donbas region, the mayor said Tuesday.
Eurozone inflation hits record 8.1% amid rising energy costs
LONDON (AP) — Eurozone inflation hit a record 8.1% in May amid surging energy and food costs fueled in part by Russia's war in Ukraine. Annual inflation
High prices, Asian markets could blunt EU ban on Russian oil
BRUSSELS (AP) — The European Union’s groundbreaking decision to ban nearly all oil from Russia to punish the country for its invasion of Ukraine is a blow to Moscow’s economy, but its effects may be blunted by rising energy prices
Turkish leader writes on ‘risks’ of Sweden, Finland in NATO
ISTANBUL (AP) — Turkey's president highlighted the activities of the Kurdistan Workers’ Party as part of his country's objections to Sweden and Finland joining NATO and said both nations doing so would carry security risks for Turkey.
Denmark holds referendum on EU defense amid Ukraine war
COPENHAGEN, Denmark (AP) — Historically skeptical about European Union efforts to deepen cooperation, Danish voters on Wednesday will choose whether to abandon the country's decision three decades ago to opt out of the bloc's common defense policy. ...
Shanghai moves toward ending 2-month COVID-19 lockdown
SHANGHAI (AP) — Shanghai authorities say they will take major steps Wednesday toward reopening China's largest city after a two-month COVID-19 lockdown that has set back the national economy and largely confined millions of people to their homes.
Biden plots inflation fight with Fed chair as nation worries
WASHINGTON (AP) — Focused on relentlessly rising prices, President Joe Biden plotted inflation-fighting strategy Tuesday with the chairman of the Federal Reserve, with the fate of the economy and his own political prospects increasingly dependent on th...
