Category Archives: Economy

As small business sentiment drops, Liberals pressed to give benefits extra life

OTTAWA — A group representing thousands of small businesses countrywide says its members are increasingly sour on their financial prospects, underlined by uncertainty over the fate of federal pandemic supports. The Canadian Federation of Independent Bu...

As small business sentiment drops, Liberals pressed to give benefits extra life

OTTAWA — A group representing thousands of small businesses says uncertainty over the fate of federal pandemic supports is causing its members to lose confidence in their financial prospects, and pushing the Liberals to provide more life support for ai...

Blinken rallies developed world to confront inequality

PARIS (AP) — U.S. Secretary of State Antony Blinken called Tuesday on the world’s most developed countries to take on and counter widening gaps between the rich and poor.

Spain’s government eyes rent controls in new housing bill

MADRID (AP) — Spain's left-wing ruling coalition wants to rein in soaring housing costs by imposing rent increase caps on landlords who own 10 or more residential properties.

Yellen: Urgent action needed on debt limit, rejects $1T coin

WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen said Tuesday that Oct. 18 remains the date she is likely to run out of resources to stave off an unprecedented default on the nation's debt without congressional action to raise the

The Latest: Manufacturer recalling some at-home test kits

COVID-19 test kit maker Ellume is recalling some at-home tests after learning that they were reporting a higher-than-expected rate of false positive results indicating someone has the virus when they do not.

US, France edge closer to rapprochement after AUKUS spat

PARIS (AP) — France and the United States edged closer Tuesday toward rapprochement after the Biden administration’s exclusion of Washington’s oldest ally from a new Indo-Pacific security initiative ignited French anger.

Virus deaths in Russia hit record for third time this month

MOSCOW (AP) — Coronavirus deaths in Russia hit a record for the third time this month on Tuesday, and daily new infections once again exceeded 25,000 — a surge that comes as vaccination rates in the country remain stagnantly low

EU lifts Anguilla, Dominica, Seychelles from tax blacklist

BRUSSELS (AP) — The European Union removed Anguilla, Dominica and Seychelles from its tax haven blacklist Tuesday amid criticism that the trade bloc is letting countries off the hook, particularly in light of the recent Pandora Papers revelations.

Czechs ink $630 million deal to get Israeli air defense

PRAGUE (AP) — The Czech Republic signed a deal to buy a new air defense system for its military from the Israeli government, the Defense Ministry said Tuesday.

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