Category Archives: Economy

EU chief says key to energy crisis is pushing Green Deal

BRUSSELS (AP) — The European Union's top official on Wednesday exhorted the bloc's 27 member nations to wean themselves off natural gas not only to speed the transition to clean energy but also to make the bloc a more independent

WHO: Europe the only region with rise in COVID-19 last week

LONDON (AP) — The World Health Organization said there was a 7% rise in new coronavirus cases across Europe last week, the only region in the world where cases increased, and said uneven vaccine uptake posed a threat to the

Annual inflation rate hits 4.4 per cent in September, Statistics Canada says

OTTAWA — The cost to put food on the table and gasoline in the car pushed up the cost of living in September, lifting the annual pace of price increases to a near two-decade high with no clear end in

Credit Suisse faces penalties over Mozambique loan deals

ZURICH (AP) — Credit Suisse has announced settlements totaling nearly $700 million with British and U.S. authorities over lending to Mozambique state-owned companies that Swiss regulators say violated anti-money laundering rules.

Germany detains 2 ex-soldiers trying to form mercenary group

BERLIN (AP) — German authorities on Wednesday detained two former soldiers who are alleged to have tried to form a mercenary group that would have intervened in the military conflict in Yemen.

Study: Fossil fuel plans would far overshoot climate goals

LONDON (AP) — The world needs to cut by more than half its production of coal, oil and gas in the coming decade to maintain a chance of keeping global warming from reaching dangerous levels, according to a U.N.-backed study

US Labor Department warns 3 GOP states over COVID rules

PHOENIX (AP) — The Biden administration threatened Tuesday to revoke the authority for three Republican-controlled states to handle their own workplace safety enforcement because they have refused to adopt rules to protect health care workers from COVI...

Former Calif. regulator tapped to run highway safety agency

DETROIT (AP) — A former California pollution regulator is being nominated to run the nation's highway safety agency. President Joe

Businesses nervously await fine print of vax-or-test rule

WASHINGTON (AP) — More than six weeks after promising a new vaccination-or-testing rule covering the millions of Americans at companies with 100 or more workers, President Joe Biden’s most aggressive move yet to combat the COVID-19 pandemic is almost r...

Bulgaria makes virus pass mandatory for indoor venues

SOFIA, Bulgaria (AP) — Bulgaria is introducing a COVID-19 “Green Certificate” as a mandatory requirement for access to restaurants, theaters, cinemas, concert halls, gyms, clubs and shopping malls as the country faces a surge in coronavirus infections....

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