Category Archives: Economy

Inflation, Russia-Ukraine war draw G7 finance leaders’ focus

KOENIGSWINTER, Germany (AP) — Finance ministers for the Group of Seven leading economies grappled Thursday with deepening inflation concerns and the immediate effects of Russia’s war in Ukraine, with U.S. Treasury Secretary Janet Yellen promising that ...

Live updates |Congress approves $40B aid package to Ukraine

KYIV, Ukraine — Ukrainian President Volodymyr Zelenskyy thanked the United States for the $40 billion aid package, which got final congressional approval on Thursday. “This is

Ukrainian troops surrendering at Mariupol registered as POWs

KYIV, Ukraine (AP) — The fate of hundreds of Ukrainian fighters who surrendered after holding out against punishing attacks on Mariupol’s steel factory hung in the balance Thursday, amid international fears that the Russians may take reprisals against ...

North Korea’s suspected COVID-19 caseload nears 2 million

SEOUL, South Korea (AP) — North Korea on Thursday reported 262,270 more suspected COVID-19 cases as its pandemic caseload neared 2 million — a week after the country acknowledged the outbreak and scrambled to slow infections in its unvaccinated populat...

Live updates | UN Chief: War in Ukraine driving world hunger

UNITED NATIONS -- The United Nations chief said Wednesday he is in “intense contacts” with Russia and other countries to stop escalating global hunger exacerbated by the war in Ukraine by allowing the export of grain stored in Ukrainian ports

Federal agency sends team to probe Tesla crash that killed 3

DETROIT (AP) — The U.S. government's road safety agency has dispatched a team to investigate the possibility that a Tesla involved in a California crash that killed three people was operating on a partially automated driving system.

Judge: Trump administration illegally withdrew bird listing

RENO, Nev. (AP) — A federal judge has ruled the Trump administration acted illegally in 2020 when it withdrew an earlier proposal to list as threatened a hen-sized bird found only in the high desert along the California-Nevada line.

Liberals reject NDP call to hike GST rebate, Canada Child Benefit cheques

OTTAWA — The federal government is looking to help Canadian families feeling the pinch of inflation without contributing further to the problem, the prime minister said Wednesday as his government rejected a call from the NDP to hike GST rebates

Biden’s burdens grow: Sagging global economy adds to US woes

WASHINGTON (AP) — As President Joe Biden embarks for Asia on Thursday, he's facing a new risk at home for the economy and his Democratic Party: a global slowdown caused by Russia's invasion of Ukraine and the pandemic shutting down

Canada on ‘upward trajectory’ on NATO spending, modernizing Norad: defence minister

WASHINGTON — The federal government is on an "upward trajectory" when it comes to meeting NATO spending targets and modernizing Norad, but Defence Minister Anita Anand stopped well short Wednesday of committing Canada to any firm timelines.  Anand, who...

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