Category Archives: Economy

Channel migrant deaths: Smugglers net millions per kilometer

CALAIS, France (AP) — The price to cross the English Channel varies according to the network of smugglers, between 3,000 and 7,000 euros ($3,380 and $8,000) though there are rumors of discounts.

South African scientists brace for wave propelled by omicron

JOHANNESBURG (AP) — Worried scientists in South Africa are scrambling to combat the lightning spread across the country of the new and highly transmissible omicron COVID-19 variant as the world grapples with its emergence.

COVID variant spreads to more countries as world on alert

LONDON (AP) — The new potentially more contagious omicron variant of the coronavirus popped up in more European countries on Saturday, just days after being identified in South Africa, leaving governments around the world scrambling to stop the spread....

Amid riots, France to consider some autonomy for Guadeloupe

LE GOSIER, Guadeloupe (AP) — France’s government is offering to discuss some autonomy for the French Caribbean island of Guadeloupe, which has been wracked by virus-related rioting and strikes that reflect long-running frustrations over inequality with...

Biden sets out oil, gas leasing reform, stops short of ban

WASHINGTON (AP) — The Biden administration on Friday recommended an overhaul of the nation's oil and gas leasing program to limit areas available for energy development and raise costs for oil and gas companies to drill on public land and

Finance says federal deficit hits nearly $69B over first half of fiscal year

OTTAWA — The federal government ran a deficit of nearly $69 billion over the first half its fiscal year, almost $130 billion less than the treasury pumped out during the same stretch one year earlier. The Finance Department's fiscal monitor says

Italy, France deepen economic, defense cooperation

ROME (AP) — Italian Premier Mario Draghi said that a bilateral treaty signed on Friday with French President Emmanuel Macron to strengthen bilateral cooperation would in turn strengthen the European Union, including such areas as defense, aerospace and...

EU eases its controls on COVID-19 vaccine exports

BRUSSELS (AP) — The European Union said on Friday that it will ease its restrictions on exporting COVID-19 vaccines. The Commission,

German government hesitant on lockdown as COVID cases rise

BERLIN (AP) — Germany's government refused to back calls Friday for a swift and sharp lockdown to curb the country's worsening coronavirus situation, which saw daily confirmed cases hit a new peak and is putting hospitals under severe strain.

Some CERB recipients set to get notices that they owe feds some of the aid

OTTAWA — Some Canadians who received a pandemic jobless benefit are set to receive notices that they have to repay some of the aid they received last year. The Canada Emergency Response Benefit was rolled out at the onset of the

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