Category Archives: Economy
Biden bids Merkel farewell: Friends – with disagreements
WASHINGTON (AP) — Welcoming Angela Merkel to the White House for a final time, President Joe Biden renewed his concerns to the German chancellor Thursday about a major, nearly complete Russia-to-Germany gas pipeline but said they agreed Russia must not...
DeSantis presses Biden to help keep internet flowing in Cuba
ST. PETERSBURG, Fla. — Florida Gov. Ron DeSantis and other officials pressed the White House on Thursday to support efforts to preserve internet service to antigovernment protesters in Cuba, even advocating the use of giant balloons as floating Wi-Fi h...
US unemployment claims fall to 360,000, a new pandemic low
WASHINGTON (AP) — The number of Americans applying for unemployment benefits has reached its lowest level since the pandemic struck last year, further evidence that the U.S. economy and job market are quickly rebounding from the pandemic recession.
$10 million rewards bolster White House anti-ransomware bid
BOSTON (AP) — The State Department will offer rewards up to $10 million for information leading to the identification of anyone engaged in foreign state-sanctioned malicious cyber activity, including ransomware attacks, against critical U.S. infrastruc...
Romania: Former ruling party leader gets early jail release
BUCHAREST (AP) — A former leader of Romania’s Social Democratic Party who was sentenced to 3 1/2 years in jail for corruption in 2019 will be released early, a court ruled Thursday.
Vaccine deliveries rising as delta virus variant slams Asia
JAKARTA, Indonesia (AP) — As many Asian countries battle their worst surge of COVID-19 infections, the slow flow of vaccine doses from around the world is finally picking up speed, giving hope that inoculation rates can increase and help blunt
Thai AstraZeneca vaccine production falls short of target
BANGKOK (AP) — Production of the AstraZeneca coronavirus vaccine at a factory in Thailand has fallen short of its target, likely delaying the country's plan to acquire a total of 61 million doses until next May, a government official said
Swaying of Chinese skyscraper attributed to wind on mast
BEIJING (AP) — The swaying of a 70-story skyscraper in the southern Chinese city of Shenzhen was the result of winds causing vibrations on a roof-top mast intended for lightning protection and for guiding aircraft, authorities said Thursday.
Bank of Canada will act to cool inflation if prices run too hot, Macklem says
OTTAWA — The governor of the Bank of Canada says the central bank will rein in inflation if temporary price pressures stubbornly stick around and appear more permanent. Tiff Macklem says the central bank largely expects higher prices right now are
China says US measures on Xinjiang threaten global trade
BEIJING (AP) — China’s government rejected U.S. accusations of forced labor in Xinjiang and accused Washington on Thursday of hurting global trade after lawmakers endorsed import curbs and American companies were warned they face legal risks if they do...
