Category Archives: Economy

Think tank finds Chinese aid to Pacific nations has declined

CANBERRA, Australia (AP) — China gave significantly less aid to Pacific island nations in recent years despite Beijing’s diplomatic efforts to increase its influence in the region, according to a Sydney-based think tank.

US bans swimming with Hawaii’s nocturnal spinner dolphins

HONOLULU (AP) — U.S. regulators on Tuesday banned swimming with Hawaii's spinner dolphins to protect the nocturnal animals from people seeking close encounters with the playful species.

Pfizer vaccine for kids may not be available until November

WASHINGTON (AP) — Pfizer has submitted research to the U.S. Food and Drug Administration on the effectiveness of its COVID-19 vaccine in children but the shots may not be available until November.

Alberta’s Kenney rejects new health rules as COVID-19 cripples hospitals

EDMONTON — Alberta Premier Jason Kenney, facing consistently high COVID-19 cases that are pushing the health system to the brink of collapse, is rejecting new measures and a so-called “firebreak” lockdown of the economy. Kenney said Tuesday his governm...

Yellen says infrastructure overhaul will US boost economy

WASHINGTON (AP) — Treasury Secretary Janet Yellen said Tuesday that President Joe Biden's spending proposals will address long-overdue U.S. infrastructure needs and prepare the country to meet future challenges.

Yellen warns delay in raising debt limit will slow economy

WASHINGTON (AP) — Treasury Secretary Janet Yellen sounded an urgent call Tuesday for Congress to raise the government's borrowing limit, a day after Senate Republicans blocked consideration of a bill that would have done so.

SC senators debate how to spend $525M in plutonium deal

COLUMBIA, S.C. (AP) — Along with billions of dollars in federal COVID-19 relief money, South Carolina lawmakers have another large bonus pot of money to spend soon — $525 million from the federal government over plutonium still sitting inside the

Green energy takes hold in unlikely places with Ford project

GLENDALE, Ky. (AP) — When Ford revealed plans to ramp up its commitment to the fledgling electric vehicle sector, the automaker chose to create thousands of jobs and pump billions in investments into two states where Republican leaders have vilified

N.L. aiming to mandate vaccines for public sector workers as COVID-19 outbreak grows

ST. JOHN'S, N.L. — Newfoundland and Labrador is aiming to introduce new COVID-19 health measures next week, including a vaccine passport and mandatory vaccination for public employees, in an effort to beat back the Delta variant. In the meantime, the p...

Young climate activists chide world leaders, demand more say

MILAN (AP) — Youth climate activists Vanessa Nakate and Greta Thunberg chastized global leaders Tuesday for failing to meet funding pledges and for delivering too much “blah blah blah’’ as climate change wreaks havoc around the world.

Discuss on boreal.social