Category Archives: Economy

AP Interview: Iraq oil minister says gas sector a priority

BAGHDAD (AP) — Iraq’s oil sector is rebounding after a catastrophic year triggered by the coronavirus pandemic, with key investment projects on the horizon, Iraq's oil minister said Friday. But he also warned that an enduring bureaucratic culture of fe...

South Africa finalizes treaty to extradite fugitives in UAE

JOHANNESBURG (AP) — South Africa said Friday it has finalized an extradition treaty with United Arab Emirates that would allow it to bring back members of an Indian family accused of involvement in high-level state corruption to face trial.

Hungary: Bill would ban ‘promoting’ homosexuality to minors

BUDAPEST, Hungary (AP) — Hungary’s governing conservative party has prepared new legislation that bans showing pornographic material and any content portraying or promoting sex reassignment or homosexuality to anyone under 18.

US will restore $1B for California’s troubled bullet train

SACRAMENTO, Calif. (AP) — The federal government has reached an agreement to restore nearly $1 billion in funding for California's troubled bullet train, Gov. Gavin Newsom announced.

Harris touts child care funding and payments to families

Vice President Kamala Harris highlighted the Biden administration's efforts to expand child care and relieve the financial pressures of parenthood during a visit to a child care center on Friday.

Two Algerian opposition figures arrested ahead of elections

ALGIERS, Algeria (AP) — A politician and a journalist who are prominent opposition figures in Algeria have been arrested days ahead of the country's parliamentary election, according to a group of lawyers defending jailed activists of the pro-democracy...

Germany approves plan to improve oversight of supply chains

BERLIN (AP) — German lawmakers on Friday approved legislation meant to ensure that big companies see that human rights are respected throughout their supply chains.

For Cornwall, G7 summit brings mix of disruption and hope

FALMOUTH, England (AP) — Towering steel fences, masses of police, protests on the beach: The Cornish seaside’s turquoise waters and white sandy beaches are looking decidedly less idyllic this week as leaders of the Group of Seven wealthy democracies de...

New company, same woes: Puerto Rico suffers power outages

SAN JUAN, Puerto Rico (AP) — A private company that took over power transmission and distribution in Puerto Rico this month has struggled with widespread outages and growing anger as it scrambled to control a fire that left hundreds of

The Latest: California to lift most of state’s virus rules

SACRAMENTO, Calif. -- California Gov. Gavin Newsom has signed an executive order that will lift most of the state’s coronavirus rules.

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