Category Archives: Economy

China urges closer Afghanistan ties as US withdrawal looms

BEIJING (AP) — China is urging closer security and economic cooperation with Afghanistan in an apparent effort to bolster its influence in the region as the U.S. and its allies prepare to withdraw their forces from the country.

Canadian economy lost 68,000 jobs in May, but lockdowns set to ease

OTTAWA — The Canadian economy lost 68,000 jobs last month and more dropped out of the labour force altogether, Statistics Canada said Friday, dampened by continued lockdowns that are now set to ease. TD senior economist Sri Thanabalasingam said there s...

The Latest: Mexico to use US vaccine doses at border

MEXICO CITY -- Mexican officials said Friday they will use 1 million U.S. doses of the Johnson & Johnson coronavirus vaccine to inoculate people along the border.

Biden widens list of Chinese firms off-limits for investment

China vehemently objected Friday to U.S. President Joe Biden’s expansion of a list of Chinese companies whose shares are off-limits to American investors because of their purported links to the Chinese military and surveillance.

EXPLAINER: Curbing tax avoidance by multinational companies

FRANKFURT, Germany (AP) — How can governments keep multinational companies from avoiding taxes by shifting their profits to low-tax countries? For

Watchdog: Syria has likely used chemical weapons 17 times

UNITED NATIONS (AP) — The head of the international chemical weapons watchdog told the U.N. Security Council that its experts have investigated 77 allegations against Syria, and concluded that in 17 cases chemical weapons were likely or definitely used...

Facebook suspends Trump for 2 years, then will reassess

Facebook announced Friday that former President Donald Trump’s accounts will be suspended for two years, freezing his presence on the social network until early 2023, following a finding that Trump stoked violence ahead of the deadly Jan. 6 insurrectio...

Reports: Facebook to end rule exemptions for politicians

Facebook plans to end a contentious policy championed by CEO Mark Zuckerberg that exempted politicians from certain moderation rules on its site, according to several news reports.

Granholm joins Manchin in West Virginia to tout clean energy

CHARLESTON, W.Va. (AP) — Energy Secretary Jennifer Granholm joined a key member of the U.S. Senate in West Virginia on Thursday to promote the role that the once-booming coal-producing state will play in the development of clean energy.

CDC says Florida lawsuit imperils summer cruises to Alaska

U.S. officials say Florida’s lawsuit against the federal government over conditions for cruise lines to resume sailing could threaten plans to restart cruising in Alaska.

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