Category Archives: Economy

Sri Lanka leader declares emergency amid protests

COLOMBO, Sri Lanka (AP) — Sri Lanka's president declared a state of emergency Friday giving him broad authority amid widespread public protests demanding his resignation over the country's worst economic crisis in recent memory.

Nova Scotia announces $19.3 million to help two largest airports attract new routes

HALIFAX — Nova Scotia’s two largest airports are getting $19.3 million in provincial funding to attract new airline routes. The Halifax International Airport Authority is getting $13 million for its air access fund, which is used to encourage airlines ...

Sweden reintroduces border checks, citing ‘a serious threat’

STOCKHOLM (AP) — Sweden said Friday it was reintroducing temporary border controls at ferry terminals, airports, road crossings with other countries and other entry points to the Scandinavian nation because there “still is a serious threat to public or...

With Ukraine’s ports blocked, trains in Europe haul grain

VIENNA (AP) — A train carrying 2,000 metric tons of Ukrainian corn arrived in Austria on Friday, part of European efforts to elude a Russian blockade of Ukraine’s ports that has prevented critical supplies of wheat, corn and other grains

U.S. sanctions North Korean cryptocurrency mixing firm

WASHINGTON (AP) — The U.S. announced Friday it is sanctioning North Korean digital currency mixing firm Blender.io, which the country allegedly uses to launder stolen virtual currency and support cyber crimes.

Pelosi sets $45,000 minimum yearly salary for House aides

WASHINGTON (AP) — Addressing concerns about the working conditions for some Capitol Hill aides, Speaker Nancy Pelosi announced on Friday a $45,000 minimum annual salary for House staff and teed up for a vote next week a resolution that would

Ontario NDP promise to build new hospital, expand another in Brampton

BRAMPTON, Ont. — Ontario's New Democrats are promising to expand an urgent care centre in Brampton and build a new hospital in the city if elected to form government in June. Party Leader Andrea Horwath says the growing Toronto-area community

Britain pushes tough tech rules under new digital watchdog

LONDON (AP) — Big tech companies like Google and Facebook would have to comply with tough British rules under a new digital watchdog aimed at giving consumers more choice online — or face the threat of big fines.

Biden plugs manufacturing initiative at Ohio metal company

HAMILTON, Ohio (AP) — President Joe Biden pledged Friday that 3D printing technology would help return factory jobs to the U.S. and reduce inflationary pressures as he traveled to an industrial Midwestern state with a Senate seat in play to

April jobless rate drops to another new low as economy adds 15K jobs: StatCan

OTTAWA — The unemployment rate fell to another record low in April even as the pace of job creation slowed, suggesting a tightening of the labour market. Statistics Canada said Friday the jobless rate fell 5.2 per cent for April as

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