Category Archives: Economy
US warns companies about doing business in Hong Kong
WASHINGTON (AP) — The Biden administration issued a blanket warning Friday to U.S. firms about the risks of doing business in Hong Kong as China continues to clamp down on political and economic freedoms in the territory.
As stock prices peak, markets begin to fear looming threats
NEW YORK (AP) — With the U.S. economy humming, corporate profits flowing and stock prices peaking, investors on Wall Street are beginning to pose an anxious question: Is it all downhill from here?
Moscow lifts dining restrictions; Russia hits record deaths
MOSCOW (AP) — Authorities in Moscow on Friday canceled their order that restaurants only admit customers who have been vaccinated against COVID-19, recovered from the virus or have had a recent negative test.
With Delta variant on the march, Canada eyes mid-August to welcome back U.S. visitors
WASHINGTON — U.S. health officials issued more ominous warnings about COVID-19's dangerous Delta cousin Friday just as Canada finally started floating the prospect of letting fully vaccinated American visitors back into the country as early as mid-Augu...
Riots in Lebanon as West calls for quick Cabinet formation
BEIRUT (AP) — Tension intensified in Lebanon on Friday, with riots leaving more than two dozen people injured in the northern city of Tripoli, including five soldiers who were attacked with a hand grenade.
Biden and Sanders, once rivals, are now partners in power
WASHINGTON (AP) — Talkers both, Joe Biden and Bernie Sanders stayed for an hour in the Oval Office, just two former rivals for the White House now acting as potential partners, negotiating a compromise both could live with.
Sudan gets $14 billion in debt relief from Paris Club
PARIS (AP) — Creditor countries agreed to cancel $14.1 billion of Sudan’s international debts, praising its economic reforms and efforts to fight poverty.
Trump showerhead rule to increase water flow being dropped
WASHINGTON (AP) — So much for Donald Trump’s quest for “perfect” hair. President Joe Biden's administration is reversing a Trump-era
Greenland suspends oil exploration because of climate change
COPENHAGEN, Denmark (AP) — The left-leaning government of Greenland has decided to suspend all oil exploration off the world’s largest island, calling it is “a natural step” because the Arctic government “takes the climate crisis seriously.”
World shares mixed as virus, China-US strains weigh on mood
BANGKOK (AP) — World shares were mixed Friday as rising coronavirus cases and tensions between the U.S. and China weighed on sentiment.
