Category Archives: Economy

County in Oregon seeking $7 million to tackle illegal pot

MEDFORD, Ore. (AP) — Officials in Jackson County in southwest Oregon plan to ask the state for more than $7.2 million to help crack down on the billions of dollars worth of illegal pot grows across the Rogue Valley.

SNC-Lavalin CEO cancels Montreal speech after Air Canada boss ignites firestorm

MONTREAL — The head of engineering firm SNC-Lavalin has suddenly cancelled a speech to Montreal's business community because his French-language skills need some work. Ian Edwards doesn't speak French well despite living in Quebec since 2014. In cancel...

Hungary to cap gasoline and diesel prices amid surging costs

BUDAPEST, Hungary (AP) — Hungarians will soon have some relief at the pumps after the government announced Thursday that it will limit the price of gasoline and diesel amid soaring fuel prices.

UN chief says global warming goal on ‘life support’

GLASGOW, Scotland (AP) — United Nations Secretary-General Antonio Guterres says the goal of limiting global warming to 1.5 degrees Celsius (2.7 F) is “on life support” as U.N. climate talks enter their final days, but he added that “until the

Real Medicare drug savings in Dems’ bill – but not overnight

WASHINGTON (AP) — Medicare enrollees who take expensive medicines could save thousands of dollars a year under the Democrats’ sweeping social agenda bill, but those dividends won't come overnight. Instead, they'll build gradually over the decade.

Climate finance isn’t charity, says Indian minister at COP26

GLASGOW, Scotland (AP) — India's environment and climate minister says rich countries have “an obligation, responsibility, duty and a vow” to provide climate finance to developing nations and should deliver on an unfulfilled promise to raise $100 billi...

Freeland says government can help solve mismatch between skills and available jobs

OTTAWA — Finance Minister Chrystia Freeland says the federal government is well positioned to help resolve mismatches between the skills of jobseekers and what employers are looking for in hiring plans. Although the country has recovered the three mill...

US budget deficit eases to $165B in October, down 42%

The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic.

Efforts to cut car, plane and ship emissions get small boost

GLASGOW, Scotland (AP) — Several countries and companies announced plans Wednesday to stop selling cars that run on gasoline or diesel over the next two decades, as part of efforts to clamp down on a significant source of planet-warming emissions.

Trudeau to join Biden, López Obrador in D.C. at first North America summit since 2016

WASHINGTON — Canada, the United States and Mexico are getting the band back together.  U.S. President Joe Biden will host Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador at the White House next week, the first gathering ...

Discuss on boreal.social