Category Archives: Economy

France’s Sarkozy faces jail term in campaign financing trial

PARIS (AP) — The trial of former French President Nicolas Sarkozy concluded Tuesday in Paris, after a month during which the court sought to determine whether he broke laws on campaign financing in his unsuccessful 2012 re-election bid.

UK pushes Pacific trade talks amid broader new focus on Asia

BANGKOK (AP) — The U.K. launched negotiations Tuesday to join a trans-Pacific trade bloc as it looks to explore new opportunities following its departure from the European Union and strengthen its strategic interests in Asia.

Asia stocks rise after Fed chair says US inflation temporary

BEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday after the Federal Reserve chairman said higher U.S. inflation probably is temporary, helping to calm fears central bankers might feel pressure to roll back economic stimulus. ...

The Latest: Guam launching COVID-19 vaccine tourism program

HAGATNA, Guam — Guam is launching a vaccine tourism program to encourage citizens of neighboring countries and Americans living in East Asia to come get inoculated against COVID-19.

In times of crises, Lebanon’s old must fend for themselves

BEIRUT (AP) — Tiny and bowed by age, Marie Orfali makes the trip five times a week from her Beirut apartment to the local church, a charity and a nearby soup kitchen to fetch a cooked meal for her and

Hong Kong leader says US ‘beautifying’ security offenses

HONG KONG (AP) — Foreign governments are “beautifying” acts that endanger national security in Hong Kong when they criticize the recent crackdown on a pro-democracy newspaper, the leader of the semiautonomous Chinese territory said Tuesday.

Watchdog: Nursing home deaths up 32% in 2020 amid pandemic

WASHINGTON (AP) — Deaths among Medicare patients in nursing homes soared by 32% last year, with two devastating spikes eight months apart, a government watchdog reported Tuesday in the most comprehensive look yet at the ravages of COVID-19 among its

Kim sister derides US official, dismisses chances for talks

SEOUL, South Korea (AP) — The powerful sister of North Korean leader Kim Jong Un dismissed prospects for an early resumption of diplomacy with the United States, saying Tuesday that U.S. expectations of talks would “plunge them into a greater

Mexican police identify corpse of Indigenous activist

MEXICO CITY (AP) — Prosecutors in the northern Mexico border state of Sonora said Monday tests have confirmed that a badly decayed corpse is that of an Indigenous rights leader who disappeared almost four weeks ago.

Powell says economy growing rapidly, inflation up ‘notably’

WASHINGTON (AP) — The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says in written testimony to be delivered Tuesday at a congressional oversight hearing.

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