Category Archives: Economy
In US, states struggle to replace fossil fuel tax revenue
SANTA FE, N.M. (AP) — Government budgets are booming in New Mexico: Teacher salaries are up, residents can go to an in-state college tuition-free, moms will get medical care for a year after childbirth, and criminal justice initiatives are being
French carmaker Renault to sell Russian operations to Moscow
Russia will take control of French car manufacturer Renault's operations in the country and resurrect a Soviet-era auto brand, officials said Monday, marking the first major nationalization of a foreign business since the war in Ukraine began.
Turkey objects as Sweden, Finland seek NATO membership
STOCKHOLM (AP) — Turkey´s president on Monday complicated Sweden and Finland´s historic bid to join NATO, saying he cannot allow them to become members of the alliance because of their perceived inaction against exiled Kurdish militants.
EXPLAINER: Next steps for Finland, Sweden on NATO membership
BRUSSELS (AP) — Finland and Sweden have signaled their intention to join NATO over Russia’s war in Ukraine and things will move fast once they formally apply for membership in the world’s biggest security alliance.
EU cuts forecast for economic growth as war’s fallout widens
BRUSSELS (AP) — The European Union has slashed its forecasts for economic growth in the 27-nation bloc amid the prospect of a drawn-out Russian war in Ukraine and disruptions to energy supplies.
Buttigieg sends $5B to cities for safety as road deaths soar
WASHINGTON (AP) — With upcoming data showing traffic deaths soaring, the Biden administration is steering $5 billion in federal aid to cities and localities to address the growing crisis by slowing down cars, carving out bike paths and wider sidewalks
EU’s Russia sanctions effort slows over oil dependency
BRUSSELS (AP) — The European Union’s efforts to impose a new round of sanctions against Russia over the war in Ukraine appeared to bog down on Monday, as a small group of countries continued to oppose a ban on
6 months in, Biden’s infrastructure plan has 4,300 projects
WASHINGTON (AP) — Six months after the signing of President Joe Biden's $1 trillion infrastructure package, the government said Monday there are 4,300 projects underway with more than $110 billion in funding announced — milestones the administration is...
Johnson: UK will act on Northern Ireland rules if EU won’t
LONDON (AP) — Prime Minister Boris Johnson on Monday renewed British threats to break a Brexit agreement with the European Union, blaming it for a political crisis that's blocking the formation of a new government in Northern Ireland.
Live updates | Russia-Ukraine War
LVIV, Ukraine — The western Ukrainian city of Lviv has been rocked by number of very loud explosions. An Associated Press team in the city witnessed
