Category Archives: Economy
Ex-banker convicted in massive German tax evasion scheme
BERLIN (AP) — A court in Germany convicted a former private banker of five counts of tax evasion Tuesday in a case linked to a far-reaching scheme involving hundreds of suspects.
Biden suspends oil leases in Alaska’s Arctic refuge
WASHINGTON (AP) — The Biden administration on Tuesday suspended oil and gas leases in Alaska’s Arctic National Wildlife Refuge, reversing a drilling program approved by the Trump administration and reviving a political fight over a remote region that i...
Report tells of sexual assault, racism at military institute
LEXINGTON, Va. — The Virginia Military Institute has tolerated and failed to address institutional racism and sexism and must be held accountable for making changes, according to a state-sanctioned report released Tuesday.
OECD head: Biden’s global tax proposal ‘a game changer’
PARIS (AP) — The new head of the Organization for Economic Cooperation and Development said Tuesday that he is “quietly optimistic” about reaching an international deal on taxing multinational companies, and he called U.S. President Biden's recent prop...
Sinovac vaccine restores a Brazilian city to near normal
SERRANA, Brazil (AP) — Just one COVID-19 patient is in critical condition at the Dr. Geraldo Cesar Reis clinic in Serrana, a city of almost 46,000 in Sao Paulo state's countryside. The 63-year-old woman rejected the vaccine that was offered
West Virginia governor liable for $700M coal company loan
CHARLESTON, W.Va. (AP) — West Virginia Gov. Jim Justice confirmed on Tuesday that he is personally liable for $700 million in loans taken by his coal companies from a lender in the United Kingdom that went bankrupt.
Budget plan includes money for 500-mile Alaska hiking trail
JUNEAU, Alaska (AP) — A proposed 500-mile (804 kilometer) hiking trail from south-central Alaska to Fairbanks aimed at drawing more adventurers to the state has garnered support from the governor, tourism officials and others, and it could get a fundin...
US extends deadline letting Chevron stay in Venezuela
MIAMI (AP) — The Biden administration on Tuesday gave Chevron Corp. and several other American companies six more months to continue operating in Venezuela.
Prime Minister Justin Trudeau promises cities help to lower high cost of housing
OTTAWA — Prime Minister Justin Trudeau has promised municipal leaders federal backing and resources toward efforts to address the high cost of housing that he says is creating a crisis for young and middle-class families. The cost of housing has risen
Algeria partially reopens air travel after 14-month shutdown
ALGIERS, Algeria (AP) — Algeria partially reopened its skies to flights on Tuesday after a 14-month shutdown to try to keep out the coronavirus, with a first flight of the national carrier Air Algerie taking off for Paris on Tuesday
