Category Archives: Economy
Brazil counts 52 virus cases connected to Copa America
SAO PAULO (AP) — Brazil’s health ministry raised the number of COVID-19 cases related to the Copa America to 52, including 33 players or staffers.
US seeks to fine Air Canada $25.5 million over slow refunds
WASHINGTON (AP) — The U.S. Transportation Department said Tuesday it is seeking to fine Air Canada about $25.5 million for what it termed extreme delays in giving refunds to thousands of passengers whose flights across the U.S.-Canada border were cance...
Harris announces $1.25 billion for community lenders
WASHINGTON (AP) — Vice President Kamala Harris announced Tuesday that the Biden administration is distributing $1.25 billion to hundreds of community lenders in an effort to help boost the economic recovery from the coronavirus for small businesses and...
Arab League backs calls for UN intervention in dam dispute
CAIRO (AP) — Arab foreign ministers on Tuesday backed calls for the United Nations Security Council to intervene in a lingering dispute between Egypt, Sudan and Ethiopia over a massive dam Addis Ababa is building on Nile River’s main tributary.
EU raises €20 billion in 10-year bond to fund virus recovery
BRUSSELS (AP) — The European Commission said on Tuesday it has raised €20 billion ($24.2 billion) through a 10-year bond as part of its plans to finance the 27-nation bloc's recovery from the coronavirus crisis.
Foam set to be sprayed onto burning Illinois chemical plant
ROCKTON, Ill. (AP) — A private firefighting company from Louisiana was expected to begin pumping fire-suppressing foam Tuesday onto the still-burning ruins of a northern Illinois chemical plant, a day after it was rocked by an explosion and massive fir...
Impatient Democrats prepare to go-it-alone on infrastructure
WASHINGTON (AP) — Patience running thin, Democratic leaders are laying the groundwork for a go-it-alone approach on President Joe Biden's big jobs and families infrastructure plans even as the White House continues negotiating with Republicans on a mu...
Ryanair CEO says diverted flight had to land in Belarus
LONDON (AP) — The pilot of a Ryanair flight that was diverted to Belarus last month, leading to the arrest of a dissident Belarusian journalist, had no alternative but to land the plane in Minsk, the head of the budget
EU court: Czechs want Poland fined for ignoring mine ban
WARSAW, Poland (AP) — The European Union's top court said Tuesday that the Czech Republic is pressing for Poland to be fined 5 million euros ($6 million) for every day it ignores the court’s order last month to immediately shut
SKorea, Spain seek closer economic ties with state visit
MADRID (AP) — South Korean President Moon Jae-in arrived in Madrid Tuesday, in the first state visit to Spain by a foreign leader since the pandemic began, as the two countries seek to deepen economic ties.
