Category Archives: Economy
FDA head: Baby formula factory could reopen by next week
WASHINGTON (AP) — The head of the Food and Drug Administration told lawmakers Thursday that a shuttered baby formula factory could be up and running as soon as next week, though he sidestepped questions about whether his agency should have
Sri Lanka limits foreign currency holdings amid crisis
COLOMBO, Sri Lanka (AP) — Sri Lanka will lower the maximum amount of foreign currency that individuals can possess to $10,000 from $15,000 and penalize anyone who holds it for more than three months, the central bank announced Thursday, as
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
