Category Archives: Economy
With pressure growing to act, Liberals reference inflation worries in throne speech
OTTAWA — The federal Liberals are facing rising pressure to detail how they plan to rebuild an economy upended by COVID-19 and cool inflation after delivering a throne speech that promised to rein in the rising cost of living. The annual
Slovakia proposes lockdown amid record infection surge
BRATISLAVA, Slovakia (AP) — Slovakia’s leaders have proposed a national lockdown as hospitals across the European Union country are hitting their limits amid a record surge of coronavirus infections.
Fighting gas prices, US to release 50 million barrels of oil
WASHINGTON (AP) — President Joe Biden on Tuesday ordered a record 50 million barrels of oil released from America's strategic reserve, aiming to bring down gasoline and other costs, in coordination with other major energy consuming nations including In...
WHO Europe warns of possible surge in COVID deaths ahead
GENEVA (AP) — The World Health Organization's Europe office says projections show its 53-country region could face another 700,000 deaths in the coronavirus pandemic by next spring, topping 2 million in total.
Italian competition watchdog fines Apple, Amazon $225M
ROME (AP) — Italy's antitrust watchdog has fined Apple and Amazon a total of more than 200 million euros ($225 million) for cooperating to restrict competition in the sale of Apple and Beats branded products in violation of European Union
Italian competition watchdog fines Apple, Amazon $225M
ROME (AP) — Italy's antitrust watchdog has fined Apple and Amazon more than 200 million euros ($225 million) for cooperating to restrict competition in the sale of Apple and Beats branded products in violation of European Union rules.
AstraZeneca opens research center as UK builds science hub
LONDON (AP) — Prince Charles praised Cambridge as a center of scientific collaboration Tuesday as the pharmaceutical company AstraZeneca opened a 1 billion-pound ($1.34 billion) research center, hoping to build on work in developing one of the first CO...
German soldiers face vaccine mandate as COVID cases rise
BERLIN (AP) — The German military is making coronavirus shots compulsory for troops amid a growing debate in the country about whether to introduce a general vaccine mandate to counter rising infection and hospitalization rates.
Throne speech outlines Liberal agenda, no bones thrown to opposition parties
OTTAWA — Prime Minister Justin Trudeau threw few bones to opposition parties Tuesday in a throne speech that recapped the election platform that produced a second consecutive Liberal minority government. A vote on the throne speech will be the first co...
World Cup host Qatar used ex-CIA officer to spy on FIFA
WASHINGTON (AP) — A former CIA officer has spied on top soccer officials for years while working for Qatar, the tiny Arab country hosting next year’s World Cup tournament, an investigation by The Associated Press has found.
