Category Archives: Economy

UK inflation spikes as retailers respond to lockdown easing

LONDON (AP) — Britain’s inflation rate more than doubled in April as energy prices soared and clothing retailers hiked prices as the country's coronavirus lockdown was eased, official statistics showed Wednesday.

Green governor sets bold climate goals for rich German state

BERLIN (AP) — Germany’s only state governor from the rising Green party on Wednesday announced ambitious new climate targets that includes boosting new technologies so that “Tesla will soon only see our tail lights.”

Green governor sets bold climate goals for rich German state

BERLIN (AP) — Germany’s only state governor from the rising Green party on Wednesday announced ambitious new climate targets that includes boosting new technologies so that “Tesla will soon only see our tail lights.”

Green governor sets bold climate goals for rich German state

BERLIN (AP) — Germany’s only state governor from the rising Green party on Wednesday announced ambitious new climate targets that includes boosting new technologies so that “Tesla will soon only see our tail lights.”

ECB sees elevated risks to financial stability in Europe

FRANKFURT, Germany (AP) — The European Central Bank says risks to the stability of companies, banks and financial markets remain “elevated” due to the uneven impact of the pandemic on the economy, warning that the eventual removal of relief measures

EU takes big step toward relaxing travel for vaccinated

BRUSSELS (AP) — The European Union took a step toward relaxing travel rules for tourists from outside the 27-nation bloc Wednesday when EU ambassadors agreed on measures to allow in fully vaccinated visitors.

EU court annuls approval of KLM, TAP aid, wants more info

BRUSSELS (AP) — A top European Union court on Wednesday annulled the EU's approval of 3.4 billion euros ($4.1 billion) in state aid for the Dutch carrier KLM but suspended its immediate application because of the impact of the COVID-19

The Latest: US opposes UN resolution for Gaza cease-fire

UNITED NATIONS — The United States opposes a draft U.N. Security Council resolution calling for a cease-fire in the conflict between Israel and Gaza’s Hamas rulers. The U.S. says it could interfere with the Biden administration’s efforts to end the

Turkey bans polyethylene plastic imports

ISTANBUL (AP) — Turkey has imposed an import ban on ethylene polymer plastic waste as environmental groups sound the alarm on the world’s plastic consumption and lack of effective recycling.

Global shares track Wall St decline; Bitcoin sinks

TOKYO (AP) — Global shares fell Wednesday, tracking a decline on Wall Street that was led by big technology stocks. The price of Bitcoin sank again after the China Banking Association warned of risks associated with digital currencies.

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