Tag: Economy
US budget deficit jumps to record $1.7 trillion this year
WASHINGTON — The U.S. government's budget deficit surged to an all-time high of $1.7 trillion for the first six months of this budget year,...
UN chief urges wealth tax of those who profited during COVID
UNITED NATIONS — Secretary-General Antonio Guterres declared Monday that the world’s failure to unite on tackling COVID-19 created wide inequalities, and he called for...
California re-opens enrollment for health insurance coverage
SACRAMENTO, Calif. — California on Monday re-opened enrollment for its state health insurance exchange, hoping more people will buy coverage now that the federal...
US nominates NY lawyer to monitor United Auto Workers union
DETROIT — The U.S. attorney's office in Detroit is recommending that a federal judge name New York lawyer Neil Barofsky to monitor the United...
Air Canada, Canadian government agree on pandemic bailout
TORONTO — Air Canada says it has agreed with the Canadian government on financing that will allow the airline to access as much as...
Lebanon extends area claimed in border dispute with Israel
<p>BEIRUT — Lebanon’s outgoing minister of public works said Monday that he has signed a decree that would increase the area claimed by the...
Russia’s FM in Egypt for talks on trade and Ethiopia’s dam
<p>CAIRO — The foreign ministers of Egypt and Russia discussed trade and other ties between the two nations Monday, with Egypt’s top diplomat urging...
US budget deficit jumps to record $1.7 trillion this year
<p>WASHINGTON — The U.S. government's budget deficit surged to an all-time high of $1.7 trillion for the first six months of this budget year,...
AP source: Electric vehicle battery firms settle trade spat
WASHINGTON — Two big South Korean electric vehicle battery makers have settled a long-running trade dispute that will allow one of them to move...
IMF: Vaccine inequity threatens Mideast’s economic recovery
DUBAI, United Arab Emirates — Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass...