Category Archives: Economy
German unemployment slips in August as recovery progresses
BERLIN (AP) — The number of unemployed people in Germany declined slightly in August, unusually for the summer month, while the country's jobless rate remained steady at 5.6%, official statistics showed Tuesday.
Statistics Canada says economy contracted in second quarter, estimates drop in July
OTTAWA — Canada's economy had its worst quarterly stretch since the start of the pandemic, contracting at an annualized rate of 1.1 per cent between April and June and possibly dropping further in July. The decrease in real gross domestic product
Alberta halves projected budget deficit to $7.8B; credits global boost in oil demand
EDMONTON — New numbers show Alberta's bottom line is on track to look better this fiscal year, but the province remains mired in a deep ditch of red ink as it battles a resurgence of COVID-19. Finance Minister Travis Toews said
Taliban declare victory from Kabul airport, promise security
KABUL, Afghanistan (AP) — The Taliban triumphantly marched into Kabul's international airport on Tuesday, hours after the final U.S. troop withdrawal that ended America's longest war. Standing on the tarmac, Taliban leaders pledged to secure the countr...
The Latest: S Korea tops 1,000 cases for 57th straight day
SEOUL, South Korea — South Korea has reported more than 2,000 new coronavirus cases, approaching a daily record set last month just a day after officials cautiously expressed hope that infections may slow.
Thai lawmakers’ no-confidence debate focuses on pandemic
BANGKOK (AP) — Thai lawmakers on Tuesday began a no-confidence debate targeting Prime Minister Prayuth Chan-ocha and five of his Cabinet members, with the opposition focusing on charges the government bungled its handling of the COVID-19 pandemic.
Cuomo legal woes continue, could cost public at least $9.5M
ALBANY, N.Y. (AP) — Resigning from office probably didn’t end former Gov. Andrew Cuomo’s legal problems, and no matter what happens next, taxpayers are likely to wind up with a hefty bill.
Alaska lawmakers face crunch to pay checks from oil wealth
JUNEAU, Alaska (AP) — Alaska residents don’t know how much money they might get from the state’s oil wealth this year — or even when they might get the unique payout just for living in the state — and many
Years later, California voters still wait on water projects
SITES, Calif. (AP) — In 2014, in the middle of a severe drought that would test California's complex water storage system like never before, voters told the state to borrow $7.5 billion and use part of it to build projects
Honolulu to require vaccine or negative test at restaurants
HONOLULU (AP) — Seeking to beat back a COVID-19 surge, Honolulu will soon require patrons of restaurants, bars, museums, theaters and other establishments to show proof of vaccination or a recent negative test for the disease, the city's mayor said
