Category Archives: Economy

Thai police expect to extradite 2 German drug suspects

BANGKOK (AP) — Two German men arrested in Thailand are expected to be extradited to Germany on suspicion of being part of a European drug trafficking gang, immigration police said Wednesday.

EU upbeat over economic growth, concerned about inflation

BRUSSELS (AP) — European Union economies are set to rebound by their highest rates in decades as coronavirus restrictions ease, but still face risks posed by COVID-19 variants and concerns over inflation, the EU’s executive branch said Wednesday.

Biden: What’s good for families can also be good for economy

CRYSTAL LAKE, Ill. (AP) — President Joe Biden pitched his proposed investments in families and education at an Illinois community college on Wednesday, telling residents of the swing district that what's good for families is also good for the economy. ...

Aussie treasurer: National interests come first with China

CANBERRA, Australia (AP) — Australia will always put its national interests ahead of economic interests in its troubled relationship with China, a senior Australian lawmaker said Wednesday after a White House official predicted Sino-Australian tensions...

Bodies of plane crash victims found in Russia’s Far East

MOSCOW (AP) — Rescuers have found the bodies of 19 victims a day after a plane crash in a remote area in Russia's Far East, the authorities said.

In hunt for infrastructure deal, every Dem has leverage

WASHINGTON (AP) — In a crucial moment for Democrats, party leaders are hunting for a sweet spot that would satisfy their rival moderate and progressive wings on legislation to finance President Joe Biden’s multitrillion-dollar agenda of bolstering the ...

Pentagon cancels disputed JEDI cloud contract with Microsoft

WASHINGTON (AP) — The Pentagon said it canceled a disputed cloud-computing contract with Microsoft that could eventually have been worth $10 billion. It will instead pursue a deal with both Microsoft and Amazon and possibly other cloud service provider...

California to pay victims of forced, coerced sterilizations

SACRAMENTO, Calif. (AP) — California is poised to approve reparations of up to $25,000 to some of the thousands of people — some as young as 13 — who were sterilized decades ago because the government deemed them unfit to

Chinese locks down border town as Myanmar battles outbreak

BEIJING (AP) — Chinese authorities locked down a city bordering Myanmar on Wednesday, shutting most businesses and requiring residents to stay at home as a fresh outbreak of COVID-19 expanded.

South Korea’s cases jump to 1,200 amid slow vaccination

SEOUL, South Korea (AP) — South Korea on Wednesday reported 1,212 new cases, a steep rise in coronavirus infections unseen since the winter outbreak as it slips into another surge while most of its people are still unvaccinated.

Discuss on boreal.social