Category Archives: Economy
German Cabinet OKs 2022 budget plan with more new debt
BERLIN (AP) — Germany's Cabinet on Wednesday approved plans for a 2022 budget that foresee an increase in new debt as spending on health and fighting climate change rises.
Human error blamed for outage, fire at top Polish power unit
WARSAW, Poland (AP) — Polish energy officials say human error was to blame for a massive outage at Europe’s largest brown coal power plant of Belchatow last month and a separate fire there just days later, according to the state
Myanmar trial of Australian advisor to Suu Kyi still not set
BANGKOK (AP) — The case of an Australian economist and advisor to Myanmar's ousted leader Aung San Suu Kyi who like her was arrested when the military seized power in February remained in legal limbo Wednesday as a court considered
UK won’t extend deadline for EU citizens to apply to stay
LONDON (AP) — The British government won’t extend the June 30 deadline for European Union citizens in the U.K. to apply for permanent residency or risk losing their right to live and work in the U.K.
States grapple with closing youth detention centers
CONCORD, N.H. (AP) — As states from California to Maine consider drastic changes to youth detention centers, New Hampshire is grappling with its own facility that has been rocked by abuse allegations from years past.
Student loan payments to restart; here’s how to get help
For 42.9 million student loan borrowers , it’s been 18 months without a payment. That ends in October — ready or not.
IMF announces debt relief package for Sudan
CAIRO (AP) — The International Monetary Fund has announced a debt relief package for Sudan, a step in helping the country as it tries to rejoin the global economy after years of isolation.
EU chief vows action, says ‘shame’ on Hungary for LGBT law
BRUSSELS (AP) — The European Union’s chief executive vowed Wednesday to take any action necessary to thwart a new law in Hungary that would ban content portraying or promoting homosexuality or sex reassignment to children.
The Latest: COVID-19 cluster worsens in Australian city
SYDNEY, Australia — A state government minister has been infected with COVID-19 and another minister is in isolation as a cluster in the Australian city of Sydney worsens.
Iran: ‘Sabotage attack’ on civilian nuclear center thwarted
TEHRAN, Iran (AP) — Iranian authorities have thwarted what they called a “sabotage attack” targeting a civilian nuclear facility near the country's capital, state TV reported Wednesday, as details about the incident remained scarce.
