Category Archives: Economy

Nobel Prizes awarded in pandemic-curtailed local ceremonies

LONDON (AP) — Three 2021 Nobel Prize laureates said Monday that climate change is the biggest threat facing the world — yet they remain optimistic — as this year's winners began receiving their awards at scaled-down local ceremonies adapted for

Treasury wants more oversight of all-cash real estate deals

WASHINGTON (AP) — The Biden administration is looking to expand reporting requirements on all-cash real estate deals to help crack down on bad actors' use of the U.S. market to launder money made through illicit activity.

Scientist behind UK vaccine says next pandemic may be worse

LONDON (AP) — One of the scientists behind the Oxford-AstraZeneca COVID-19 vaccine is warning that the next pandemic may be more contagious and more lethal unless more money is devoted to research and preparations to fight emerging viral threats.

Russia reports its first cases of omicron COVID-19 variant

MOSCOW (AP) — Russia has confirmed the first two cases of the omicron coronavirus variant in the country in travelers who returned from South Africa, health authorities said Monday.

Unvaccinated Italians face new restrictions as holidays near

MILAN (AP) — Italy is making life more uncomfortable for unvaccinated people this holiday season, excluding them from indoor restaurants, theaters and museums starting Monday to reduce the spread of coronavirus and encourage vaccine skeptics to get the...

India hosts Putin as it balances ties with Russia, US

NEW DELHI (AP) — Indian Prime Minister Narendra Modi met with Russian President Vladimir Putin on Monday to discuss defense and trade relations as India attempts to balance its ties with the United States.

Lawyer: Chris Cuomo accuser was disgusted by ‘hypocrisy’

NEW YORK (AP) — A woman who lodged a sexual harassment allegation against former CNN anchor Chris Cuomo was “disgusted” by what she saw as his hypocrisy and attempts to discredit women who made similar allegations against his brother, her

MPs on finance committee ready for review of Liberals’ latest pandemic aid package

OTTAWA — Opposition MPs are getting ready to review the Liberals' latest package of pandemic aid and grill Finance Minister Chrystia Freeland about myriad economic issues. The 12-member House of Commons finance committee is scheduled to meet Monday to ...

Belgian police use water, tear gas on COVID-19 protesters

BRUSSELS (AP) — Belgian police used water cannon and tear gas Sunday to disperse some rowdy protesters in Brussels after most demonstrators marched peacefully to protest tightened COVID-19 restrictions that aim to counter a surge of coronavirus infecti...

Austin: Allies, innovation key to US competition with China

WASHINGTON (AP) — The Pentagon intends to work better with private industry to develop high-tech systems and to strengthen relations with allies in the Indo-Pacific region in order to maintain a competitive edge over China, Defense Secretary Lloyd Aust...

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