Category Archives: Economy
EPA moves to crack down on dangerous coal ash storage ponds
WASHINGTON (AP) — The Environmental Protection Agency is taking its first major action to address toxic wastewater from coal-burning power plants, ordering utilities to stop dumping waste into unlined storage ponds and speed up plans to close leaking o...
Lithuania: Taiwan to set up $1B credit fund amid China spat
VILNIUS, Lithuania (AP) — Taiwan will set up a $1 billion credit program aimed at funding projects by Lithuanian and Taiwanese companies amid economic pressure from China over an office that the island opened in the European Union country, Lithuanian
Universal health care bill advances in California Assembly
SACRAMENTO, Calif. (AP) — California Democrats on Tuesday took their first step toward abolishing the private health insurance market in the nation’s most populous state and replacing it with a government-run plan that they promised would never deny an...
Albania hires US company to boost cybersecurity after leak
TIRANA, Albania (AP) — The Albanian government said Tuesday that it would hire a U.S. company to bolster its cybersecurity following a large leak last month. The
Germany faces ‘gigantic’ task meeting energy, climate goals
BERLIN (AP) — Germany's new climate minister said Tuesday that the country faces a “gigantic” task if it wants to achieve its goals for reducing greenhouse gas emissions while ensuring sufficient energy for its energy-hungry industry.
Bulgaria’s leaders self-isolate after speaker COVID-positive
SOFIA, Bulgaria (AP) — Bulgaria’s top leaders are self-isolating after being in contact with the parliamentary speaker who tested positive for the coronavirus, the country’s chief health inspector said Tuesday.
Factory farming dispute vexes Spain’s coalition government
MADRID (AP) — A spat over factory farming is causing tension in Spain’s left-of-center coalition government, with the farm minister on Tuesday describing the consumer minister’s criticism of the country’s livestock industry as “very unfortunate.” ...
World Economic Forum warns cyber risks add to climate threat
LONDON (AP) — Cyberthreats and the growing space race are emerging risks to the global economy, adding to existing challenges posed by climate change and the coronavirus pandemic, the World Economic Forum said in a report Tuesday.
Fed’s Powell: High inflation poses a threat to job market
WASHINGTON (AP) — Warning that high inflation could make it harder to restore the job market to full health, Federal Reserve Chair Jerome Powell said Tuesday that the Fed will raise interest rates faster than it now plans if needed
Federal Reserve’s Powell: High inflation ‘exacts a toll’
WASHINGTON (AP) — High inflation is taking a toll on American families, Federal Reserve Chair Jerome Powell acknowledged in remarks to be delivered at a Tuesday congressional hearing, where he is sure to face tough questions on the subject.
