Category Archives: Economy

EU approves 5th COVID-19 vaccine for bloc, one by Novavax

THE HAGUE, Netherlands (AP) — The European Union’s executive branch on Monday authorized a fifth COVID-19 vaccine for use in the 27-nation bloc, giving the green light to the two-dose vaccine made by U.S. biotech company Novavax.

Turkey’s Erdogan announces moves to encourage lira savings

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan on Monday announced a series of measures to encourage lira-denominated savings, easing the pressure on the beleaguered Turkish currency.

Inflation squeezes holiday budgets for low-income shoppers

NEW YORK (AP) — Emarilis Velazquez is paying higher prices on everything from food to clothing. Her monthly grocery bill has ballooned from $650 to almost $850

Wounded suspected pirate transferred to hospital in Ghana

COPENHAGEN, Denmark (AP) — A suspected pirate wounded during an exchange of gunfire last month with the Danish navy off West Africa has been transferred to a hospital in Ghana, authorities said.

Midterms promise political headache for president, but possible reprieve for Canada

WASHINGTON — It's conventional political wisdom that's as old as the hills in the United States: the party that controls the White House seldom does well in the midterms.  But Glenn Youngkin's convincing Republican win in November's gubernatorial conte...

Democrats try to ‘build back’ after Manchin tanks $2T bill

WASHINGTON (AP) — Democrats are struggling to pick up the pieces after Sen. Joe Manchin effectively crushed President Joe Biden’s big domestic policy bill. But they face serious questions whether the $2 trillion initiative can be refashioned to win his...

Federal government stays mum as Manchin says ‘No’ to Biden bill with EV tax credits

WASHINGTON — The Prime Minister's Office isn't saying anything about a key U.S. senator's decision to put President Joe Biden's controversial electric-vehicle incentives on ice.  West Virginia Sen. Joe Manchin, a key Democratic vote in the evenly divid...

UK health boss: COVID-19 rules could tighten by Christmas

LONDON (AP) — Britain’s health secretary has refused to rule out imposing tougher COVID-19 restrictions before Christmas amid the rapid rise of infections and continuing uncertainty about the omicron variant.

Nebraska’s quandary: Can it force more citizens to work?

LINCOLN, Neb. (AP) — Even in normal times Nebraska has one of the lowest unemployment rates in the nation, with fewer than two million people and plenty of jobs to go around. But with some workers slow to return to

Manchin not backing Dems’ $2T bill, potentially dooming it

WASHINGTON (AP) — Democratic Sen. Joe Manchin said Sunday he cannot back his party’s signature $2 trillion social and environment bill, dealing a potentially fatal blow to President Joe Biden’s leading domestic initiative heading into an election year ...

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