Category Archives: Economy

Bank of Canada watching supply disruptions and related cost pressures

OTTAWA — A senior Bank of Canada official says the central bank isn't sure when exactly supply-chain issues will work themselves out, which is clouding the outlook of when inflationary pressures should ease. The central bank in October said it expected...

Macron urges Britain to ease asylum measures, keep promises

French President Emmanuel Macron urged Britain on Thursday to make it easier for people to apply for asylum and harder to work illegally, to stem risky migration efforts across the English Channel after a recent deadly sinking.

Saudi activist sues 3 former U.S. officials over hacking

RICHMOND, Va. (AP) — Loujain al-Hathloul, a prominent Saudi political activist who pushed to end a ban on women driving in her country, is suing three former U.S. intelligence and military officials she says helped hack her cellphone so a

NY attorney general seeks Trump’s testimony in civil probe

NEW YORK (AP) — New York’s attorney general is seeking former President Donald Trump’s testimony in an ongoing civil investigation into his business practices, a person familiar with the matter said.

AP-NORC Poll: Income is up, but Americans focus on inflation

WASHINGTON (AP) — Americans' overall income has accelerated since the pandemic, but so has inflation — and a new poll finds that far more people are noticing the higher prices than the pay gains.

Freeland raises concerns about Omicron in push for MPs to quickly pass aid bill

OTTAWA — Finance Minister Chrystia Freeland says the need for MPs to approve a new round of pandemic aid has become more important amid fears related to the Omicron variant of COVID-19. Speaking to the House of Commons finance committee, Freeland

Austrians who flout vaccine mandate face fines up to $4,000

BERLIN (AP) — Austria plans to impose fines of up to 3,600 euros (around $4,000) on people who flout a coronavirus vaccine mandate it aims to introduce in February for all residents age 14 and over, the health minister said

Ukraine spa town stands out amid nation’s vaccine hesitancy

MORSHYN, Ukraine (AP) — A small spa town in western Ukraine is standing out in a European country where only 29% of the people have received COVID-19 vaccine shots, and locals credit their community spirit for fending off the worst

Russia military chief warns Ukraine against attacking rebels

MOSCOW (AP) — Russia's top military officer on Thursday sternly warned neighboring Ukraine against trying to reclaim control over separatist areas by force, saying that Moscow will “suppress” any such attempt.

WHO warns fears of omicron could spark new vaccine hoarding

GENEVA (AP) — The World Health Organization expressed concerns Thursday that rich countries spooked by the emergence of the omicron variant could step up the hoarding of COVID-19 vaccines and strain global supplies again, complicating efforts to stamp ...

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