Category Archives: Economy

Free beer, other new incentives for Biden’s ‘vaccine sprint’

WASHINGTON (AP) — Dangling everything from sports tickets to a free beer, President Joe Biden is looking for that extra something — anything — that will get people to roll up their sleeves for COVID-19 shots when the promise of

UN tribunal for Lebanon may fold due to funding crisis

BEIRUT (AP) — A U.N.-backed tribunal investigating the 2005 assassination of former Lebanese Prime Minister Rafik Hariri said Wednesday that it is facing a severe funding crisis and will not be able to operate beyond July without immediate assistance. ...

EU eyes revamp of ID check-free zone to improve travel flow

BRUSSELS (AP) — The European Union unveiled plans Wednesday to revamp Europe’s ID check-free travel area after national coronavirus restrictions placed new strains on tourism, travel and business throughout the bloc over the last year.

Germany welcomes EU tax transparency deal for big companies

BERLIN (AP) — Germany's finance minister on Wednesday welcomed an agreement requiring large companies in the European Union to reveal how much tax they paid in which country.

The Latest: More cases in virus cluster in southern China

BEIJING — Fifteen more COVID-19 cases have been reported in the southern Chinese province of Guangzhou, with a report saying the coronavirus variant in the latest outbreak is more transmissible than in previous clusters in the country.

Russian upper house votes to exit from overflight treaty

MOSCOW (AP) — The Russian parliament's upper house voted Wednesday to withdraw from an international treaty allowing surveillance flights over military facilities following the U.S. exit from the treaty.

Indonesia urges ASEAN to quickly appoint envoy for Myanmar

JAKARTA, Indonesia (AP) — Indonesia’s foreign minister on Wednesday urged the Association of Southeast Asia Nations to immediately appoint a special envoy on Myanmar in response to its military coup, and reiterated a call for the safety of civilians as...

Turkish lira dips to record low over Erdogan rate comments

ANKARA, Turkey (AP) — The Turkish lira dipped to new record lows on Wednesday after President Recep Tayyip Erdogan rattled investor confidence by saying he had spoken to the central bank governor about the need to lower interest rates.

Huawei rolls out its own operating system to smartphones

HONG KONG (AP) — Huawei launched its own HarmonyOS mobile operating system on its handsets on Wednesday as it adapts to having lost access to Google mobile services two years ago after the U.S. put the Chinese telecommunications company on

Biden, GOP senator talk as time drags on infrastructure deal

WASHINGTON (AP) — For nearly an hour, President Joe Biden and the top Senate Republican negotiating infrastructure met Wednesday behind closed doors — two seasoned legislators engaged in another round of conversations, but emerging with few outward sig...

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