Category Archives: Economy

Saving the children: War closes in on eastern Ukrainian town

BAKHMUT, Ukraine (AP) — Chunks of thick, twisted metal and wood splinters lie among the swings and slides in the playground outside a bombed-out school. Some streets away, a yellow bathtub dangles over the void left when part of an

Scars of war seem to be everywhere in Ukraine after 3 months

KRAMATORSK, Ukraine (AP) — Piano music wafted from an apartment block on a recent spring evening in Kramatorsk, blending with distant artillery fire for a surreal soundtrack to a bomb-scarred neighborhood in the eastern Ukrainian city.

US to end Russia’s ability to pay international investors

WASHINGTON (AP) — The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all

Australia’s government urges China to remove trade barriers

CANBERRA, Australia (AP) — Australia’s new government has urged China to lift trade sanctions if it wants to reset a bilateral relationship that plumbed new depths under the previous administration.

Ukraine: 200 bodies found in basement in Mariupol’s ruins

KYIV, Ukraine (AP) — Workers digging through the rubble of an apartment building in Mariupol found 200 bodies in the basement, Ukrainian authorities said Tuesday, as more horrors come to light in the ruined city that has seen some of

Live updates | Russia-Ukraine War

The Russian parliament gave preliminary approval Tuesday to a bill that would allow the government to appoint new management of foreign companies that pulled out of Russia after its invasion of Ukraine.

China’s bet on homegrown mRNA vaccines holds back nation

TAIPEI, Taiwan (AP) — China is trying to navigate its biggest coronavirus outbreak without a tool it could have adopted many months ago, the kind of vaccines that have proven to offer the best protection against the worst outcomes from

US safety, savings rules set stage for baby formula shortage

WASHINGTON (AP) — A massive recall is getting most of the blame for the U.S. baby formula shortage, but experts say the products have long been vulnerable to this type of crisis due to decades-old policies that have allowed a

ExxonMobil loses bid to nix climate change lawsuit

BOSTON (AP) — Massachusetts’ highest court on Tuesday rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading the public about the role its fossil fuels play in causing climate

Lawsuit accuses 3 automakers and parts maker in air bag case

DETROIT (AP) — A class action lawsuit is accusing three automakers and a parts manufacturer of knowingly selling vehicles containing air bag inflators that are at risk of exploding. Two deaths and at least four injuries have been linked to

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