Category Archives: Economy
Government extends repayment deadline to emergency business account to 2023
OTTAWA — Businesses struggling under yet another round of lockdowns and capacity restrictions will have an extra year to repay emergency interest-free loans issued by the federal government, but business groups say that might not be enough breathing ro...
Pipeline spills 300,000 gallons of diesel near New Orleans
NEW ORLEANS (AP) — A severely corroded pipeline ruptured and spilled more than 300,000 gallons (1.1 million liters) of diesel fuel just outside New Orleans after the operator delayed needed repairs, according to federal records.
Interior to hold auction for offshore wind power in NY, NJ
TRENTON, N.J. (AP) — The Biden administration said Wednesday it will hold its first offshore wind auction next month, offering nearly 500,000 acres off the coast of New York and New Jersey for wind energy projects that could produce enough
Liberals in EU parliament seek inquiry into abuse of spyware
WARSAW, Poland (AP) — European Parliament lawmakers called Wednesday for a committee to investigate rights abuses by European Union governments using powerful spyware produced by Israel's NSO Group.
Truckers say vaccine requirement for crossing border will exact economic toll
MONTREAL — Truckers are warning that a Saturday deadline requiring them to be vaccinated in order to enter Canada will put additional strain on supply chains amid the latest COVID-19 surge and severe worker shortages. Starting this weekend, truck drive...
UK court: Government VIP lane for COVID contracts unlawful
LONDON (AP) — Britain's High Court ruled Wednesday that the government acted unlawfully when it used a so-called “VIP lane” to award millions of pounds' worth of contracts to suppliers of personal protective equipment during the first wave of the
Energy monitor blames Russia for worsening Europe gas crisis
FRANKFURT, Germany (AP) — The head of the International Energy Agency blamed Russia for worsening Europe's natural gas crisis, saying Wednesday that high prices and low storage levels largely stem from the behavior of state-owned gas supplier Gazprom. ...
Lockdown party claims add to list of Boris Johnson scandals
LONDON (AP) — Allegations that Prime Minister Boris Johnson’s staff held a “bring your own booze” garden party while Britain was in lockdown are just the latest claims of wrongdoing to rattle the leader.
UK’s Johnson apologizes for attending party during lockdown
LONDON (AP) — Prime Minister Boris Johnson apologized Wednesday for attending a garden party during Britain’s first coronavirus lockdown, but brushed aside demands that he resign for breaching the rules his own government had imposed on the nation.
Omicron may be headed for a rapid drop in Britain, US
Scientists are seeing signals that COVID-19′s alarming omicron wave may have peaked in Britain and is about to do the same in the U.S., at which point cases may start dropping off dramatically.
