Category Archives: Economy

Australia foreign minister welcomes EU security pledge

ATHENS, Greece (AP) — Australia's foreign minister started a European tour in Athens on Wednesday, welcoming a recent initiative by the European Union to boost its presence in the Indo-Pacific region despite a spat with EU member France over the

French junior finance minister resigns after conviction

PARIS (AP) — A junior finance minister quit the French government Wednesday after being convicted of failing to declare all his wealth and income. The unusual conviction

Bosnian security chief accused of corruption in weapons sale

SARAJEVO, Bosnia-Herzegovina (AP) — Bosnia’s security minister has been formally charged with malfeasance and corruption over the irregular sale of weapons and military equipment a decade ago when he held the post of defense minister.

Report: Chinese hackers targeted Southeast Asian nations

BANGKOK (AP) — Chinese hackers, likely state-sponsored, have been broadly targeting government and private-sector organizations across Southeast Asia, including those closely involved with Beijing on infrastructure development projects, according to a ...

Flood insurance costs rise in areas once deemed lower risk

WASHINGTON (AP) — In the past year, the southwestern Louisiana city of Lake Charles weathered two hurricanes, intense rainfall that sent water gushing down streets and a deep freeze that burst pipes.

Instagram head faces senators amid anger over possible harms

WASHINGTON (AP) — The head of Instagram on Wednesday met with deep skepticism on Capitol Hill over new measures the social media platform is adopting to protect young users.

Austria to end lockdown on Sunday but not for unvaccinated

BERLIN (AP) — Austria's fourth national lockdown of the pandemic will end on Sunday but lockdown restrictions will remain for unvaccinated people, the country's new chancellor said Wednesday.

EU unveils trade sanction plan to counter foreign coercion

BRUSSELS (AP) — The European Union moved Wednesday to set up a system of quick-fire trade sanctions that it could impose on any foreign power, like China, that it accuses of trying to coerce the 27-country bloc for economic or

End of an era: Germany’s Merkel bows out after 16 years

BERLIN (AP) — Angela Merkel was assured of a place in the history books as soon as she became Germany's first female chancellor on Nov. 22, 2005.

Tense nuclear talks with Iran to resume Thursday in Vienna

BERLIN (AP) — The European diplomat chairing the seventh round of nuclear talks between Iran and world powers says negotiations in Vienna will resume Thursday. Enrique Mora

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