Category Archives: Economy

EU wants calm amid virus protests; rioters called ‘idiots’

THE HAGUE, Netherlands (AP) — In the face of demonstrations across much of Europe protesting tough COVID-19 measures over the past days, authorities on Monday pleaded for patience, calm and a willingness to get a vaccine shot in the arm

EU considers booster doses of J&J’s COVID-19 vaccine

AMSTERDAM (AP) — The European Medicines Agency says it is evaluating whether to authorize booster doses of Johnson & Johnson's single-shot COVID-19 vaccine.

Biden to keep Powell as Fed chair, Brainard gets vice chair

WASHINGTON (AP) — President Joe Biden said Monday he is nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing his stewardship of the economy through a brutal pandemic recession in which the Fed's ultra-low rate polici...

Island anger: Guadeloupe closes schools after COVID rioting

LE GOSIER, Guadeloupe (AP) — Schools closed across the French Caribbean island of Guadeloupe on Monday and France's prime minister appealed for calm and dialogue after protests against COVID-19 rules and vaccinations descended into days of rioting and ...

Portugal becomes fourth EU country to stop using coal plants

LISBON, Portugal (AP) — Environmental activists are welcoming the end of electricity generation from coal in Portugal, though they said Monday the possible conversion of the country's last coal-fired power plant into one that burns wood pellets would b...

Dems confident on methane fee as budget bill moves to Senate

WASHINGTON (AP) — A Democratic plan to impose a fee on methane emissions from oil and gas wells has cleared a key hurdle, but it faces strong opposition from the oil and gas industry and criticism by centrist Sen. Joe

‘Annoyed’: Austria’s national lockdown dampens holiday mood

VIENNA (AP) — After indulging in one last night out, Austrians awoke groggily Monday to their fourth national lockdown of this pandemic, cutting short a Christmas season of shared merriment to fight rising coronavirus infections.

France vows to keep battling in fishing dispute with UK

PARIS (AP) — France's minister of the sea vowed Sunday to “continue the fight” in the country's dispute with Britain over fishing rights.

Cap on drug price hikes for privately insured sparks battle

WASHINGTON (AP) — Workers and families with private health insurance would reap savings on prescription drugs from a little-noticed provision in President Joe Biden's sweeping social agenda bill. It's meant to break the cycle of annual price increases ...

Tens of thousands protest Belgium’s tighter COVID-19 rules

BRUSSELS (AP) — Tens of thousands of people demonstrated through central Brussels on Sunday to protest reinforced COVID-19 restrictions imposed by the Belgian government to counter the latest spike in coronavirus cases.

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