Category Archives: Economy

Crowd confronts cleric at Iran tower collapse that killed 33

DUBAI, United Arab Emirates (AP) — Protesters angry over a building collapse in southwestern Iran that killed at least 33 people shouted down an emissary sent by Supreme Leader Ayatollah Ali Khamenei, sparking a crackdown in which riot police clubbed

Biden to meet Fed chair as inflation bites pocketbooks

WASHINGTON (AP) — President Joe Biden will meet Tuesday with Federal Reserve chairman Jerome Powell as soaring inflation takes a bite out of Americans' pocketbooks. The meeting

Manitoba proposes path to increase minimum wage above inflation

WINNIPEG — The Manitoba government is proposing legislation that would allow for a higher minimum wage to help people cope with inflation, but said it will consult with business and labour groups before deciding on an exact figure. "We are living

Ottawa announces $247 million to create 25,000 apprenticeship positions across Canada

HALIFAX — The federal government is announcing nearly $247 million to help create more than 25,000 apprenticeship positions in the skilled trades across Canada. Employment Minister Carla Qualtrough says the money will fund 13 programs to help small- an...

Recorded Future CEO on cybersecurity firm’s journalistic aim

SOMERVILLE, Massachusetts (AP) — The cybersecurity firm Recorded Future boasts some 1,400 clients and enjoys considerable respect. But the threat-intelligence business wasn’t enough for CEO Christopher Ahlberg. Two years ago, he created an online cyber...

NATO looks to ‘historic’ Madrid summit, with Sweden, Finland

BARCELONA, Spain (AP) — NATO Secretary-General Jens Stoltenberg said Monday that next month's summit in Madrid will be a “historic” opportunity to strengthen the alliance in the face of Russian aggression against Ukraine.

Russia offers foreign debt payment system similar to gas one

MOSCOW (AP) — Russia said Monday it may use an arrangement similar to that used for payments for its gas supplies to pay its dollar-denominated foreign debts.

German parties reach deal to move ahead with defense boost

BERLIN (AP) — Germany’s governing coalition and the main opposition party have reached a deal to move ahead with a big increase in defense spending that Chancellor Olaf Scholz announced three months ago.

Russians, Ukrainians fight block by block in eastern city

KRAMATORSK, Ukraine (AP) — Russian troops pushed deeper into a key eastern Ukrainian city Monday, fighting street by street with Kyiv's forces in a battle that has left Sievierodonetsk in ruins. In a bid to pressure Moscow to end the

EU leaders agree to ban 90% of Russian oil by year-end

BRUSSELS (AP) — European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of

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