Category Archives: Economy

Russia expels Dutch newspaper reporter, cites violations

THE HAGUE, Netherlands (AP) — A Dutch newspaper reporter has been expelled from Russia, a move denounced Thursday as “unacceptable” by the Netherlands' foreign ministry.

UK Conservatives back down on lobbying plan overhaul

LONDON (AP) — British Prime Minister Boris Johnson’s government is facing allegations of favoritism and corruption amid a backlash from lawmakers and the public over efforts to rewrite lobbying rules and shield a member of Johnson's party from censure....

Russia sets another COVID-19 daily death record with 1,195

MOSCOW (AP) — Russia has set another record for daily coronavirus deaths as it struggles through a long surge of infections that has prompted restrictions throughout the country.

The AP Interview: Justice Dept. conducting cyber crackdown

WASHINGTON (AP) — The Justice Department is stepping up actions to combat ransomware and cybercrime through arrests and other actions, its No. 2 official told The Associated Press, as the Biden administration escalates its response to what it regards a...

Countries pledge to cut heavily polluting coal, with caveats

GLASGOW, Scotland (AP) — In the fight to curb climate change, several major coal-using nations announced steps Thursday to wean themselves — at times slowly — off of the heavily polluting fossil fuel.

UK authorizes Merck antiviral pill, 1st shown to treat COVID

LONDON (AP) — Britain granted conditional authorization on Thursday to the first pill shown to successfully treat COVID-19 so far. It also is the first country to OK the treatment from drugmaker Merck, although it wasn't immediately clear how quickly

OPEC+ keeps cautious oil production despite Biden pressure

FRANKFURT, Germany (AP) — OPEC and allied oil-producing countries rebuffed pressure from U.S. President Joe Biden to pump significantly more oil and lower gasoline prices for American drivers, deciding Thursday to stick with their plan for cautious mon...

Bank of England holds rates steady, confounding expectations

LONDON (AP) — The Bank of England confounded market expectations and held U.K. interest rates steady Thursday, saying it wanted to see what happens to unemployment after the British government ended a program that subsidized worker pay during the coron...

Germany reports record number of new coronavirus cases

BERLIN (AP) — Germany's disease control agency on Thursday reported the highest number of new coronavirus infections since the outbreak of the pandemic.

Ontario boosts health spending, plans to phase out COVID-19 supports

TORONTO — Ontario is boosting health spending, investing more in roads and bridges, and phasing out COVID-19 supports as it charts a path out of the pandemic. The province's fall economic statement released Thursday projects a deficit this fiscal year ...

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