Category Archives: Economy

Nations begin 3 weeks of grueling climate talks online

BERLIN (AP) — Officials from around the globe begin three weeks of grueling climate talks Monday that will involve grappling with a number of thorny political issues without the benefit of face-to-face meetings, due to pandemic restrictions.

Forecast: Global economy rebounding, faces multiple threats

FRANKFURT, Germany (AP) — The global economic rebound from the pandemic has picked up speed but remains uneven across countries and faces multiple headwinds. Most worrisome: the lack of vaccines in poorer nations, which could lead to new virus variants...

Sri Lanka police investigate fire on ship off Colombo

COLOMBO, Sri Lanka (AP) — A special Sri Lankan police team has begun investigating a fire on a ship anchored off its capital, as the government seeks to take legal action against the vessel's owners over the incident, which has

Australia minister drops defamation law suit over rape claim

CANBERRA, Australia (AP) — An Australian government minister dropped his defamation lawsuit against Australian Broadcasting Corp. on Monday and committed to contest the next election as the state broadcaster acknowledged a 33-year-old rape allegation a...

US sells off Iranian crude oil seized off coast of UAE

DUBAI, United Arab Emirates (AP) — The U.S. has sold some 2 million barrels of Iranian crude oil after seizing an oil tanker off the coast of the United Arab Emirates, court documents and government statistics show.

China easing birth limits further to cope with aging society

BEIJING (AP) — China’s ruling Communist Party said Monday it will ease birth limits to allow all couples to have three children instead of two in hopes of slowing the rapid aging of its population, which is adding to strains

Bosnian ex-security minister jailed for corruption

SARAJEVO, Bosnia-Herzegovina (AP) — A Bosnian court on Monday sentenced the Balkan country’s former security minister to six months in prison for corruption.

French magistrates question fugitive auto magnate in Beirut

BEIRUT (AP) — A team of French investigators began questioning ex-Nissan boss Carlos Ghosn in Beirut on Monday over suspicions of financial misconduct, Lebanese judicial officials said.

N.L. budget projects smaller deficit but growing debt, aims for surplus in six years

ST. JOHN'S, N.L. — Newfoundland and Labrador is hoping to cut its deficit nearly in half, aided in part by an oil rebound. The province tabled its second pandemic budget Monday, with a projected deficit of $826 million — about $800

In post-pandemic Europe, migrants will face digital fortress

PEPLO, Greece (AP) — As the world begins to travel again, Europe is sending migrants a loud message: Stay away!

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