Botswana is set to emerge this week from an 18-month state of emergency that will remove the president’s emergency powers and end pandemic restrictions on trade and gatherings. While many…
more ...Indian Farmers Give Renewed Push to Demand for Scrapping Farm Laws
Thousands of farmers in India blocked highways and rail tracks on Monday to give renewed momentum to their months-long demand for scrapping agricultural laws that have triggered the country’s longest…
more ...Panic Buying Leaves Fuel Pumps Dry in Major British Cities
Up to 90% of British fuel stations ran dry across major English cities on Monday after panic buying deepened a supply chain crisis triggered by a shortage of truckers that…
more ...House Panel OKs Democrats’ $3.5T Budget Bill
Democrats pushed a $3.5 trillion, 10-year bill strengthening social safety net and climate programs through the House Budget Committee on Saturday, but one Democrat opposed the measure in an illustration…
more ...Fears Grow for China Evergrande After Interest Deadline Passes
China Evergrande inched closer on Friday to the potential default that investors fear as an interest deadline expired without any announcement from the property giant whose mountain of debt has…
more ...Japan’s Ruling Party Race Puts Legacy of Abenomics in Focus
Japan’s widening wealth gap has emerged as a key issue in a ruling party leadership contest that will decide who becomes the next prime minister, with candidates forced to reassess…
more ...US Jobless Benefit Claims Unexpectedly Increase, but Still Near Pandemic Low
First-time claims for U.S. unemployment compensation unexpectedly increased again last week but remained near the low point during the 18-month coronavirus pandemic, the Labor Department reported Thursday. A total…
more ...Chinese Officials Warn of Fallout from Potential Evergrande Default
Chinese officials are bracing for a potential financial crisis as giant real estate conglomerate China Evergrande Group appears to be unable to make good on bond payments due on Thursday. …
more ...Disagreement Over Debts, Spending Plunge Washington Into Crisis Mode
The Biden administration and congressional Democrats are facing what may be the most politically fraught moment since they took unified control of Washington in January. Lawmakers are battling to avoid…
more ...Europe’s Governments Set to Spend Billions as Energy Crisis Deepens
Europe is being buffeted by unprecedented recovery-related energy price spikes, prompting rising alarm about whether families will be able to remain warm as the northern hemisphere’s winter approaches. Politicians are…
more ...In Lebanon’s Collapsed Economy, Cryptocurrency Offers Relative Security for Some
As cryptocurrencies come under increasing scrutiny from regulators across the world, in Lebanon they are providing a lifeline for people trying to survive a paralyzed banking system and tanking economy.…
more ...Study: US Flood Insurance Rates to Rise for 77% of Policyholders
Changes to the main U.S. flood insurance program will raise rates for 77% of policyholders, according to a new study issued on Tuesday, although property owners in some poorer neighborhoods…
more ...McDonald’s to Phase Out Plastic Toys from Happy Meals
Fast-food giant McDonald’s said Tuesday it would phase out plastic toys from its signature Happy Meals by 2025. “Starting now, and phased in across the globe by the end of…
more ...US Slaps Sanctions on Crypto Exchange in Effort to Curb Ransomware Attacks
The U.S. Treasury Department says it is sanctioning a cryptocurrency exchange for its alleged role in processing illicit proceeds from ransomware attacks. The move, the department says, is part…
more ...US Eases Foreign Coronavirus Travel Restrictions
The United States said Monday that starting in early November it will ease its coronavirus restrictions for foreign travelers arriving in the country. Foreign travel to the U.S. had been…
more ...China’s New Stock Exchange Eyes Small, Medium-Sized Companies
U.S. experts say Beijing’s establishment of a new stock exchange catering to China’s small and medium-sized companies (SMS) is unlikely to raise the capital the enterprises had anticipated from listing…
more ...US Business Demand High, Worker Availability Low
Millions of Americans who were thrown out of work in the early months of the COVID-19 pandemic are now encountering a hot jobs market with businesses eager, even desperate, to…
more ...US Debt Limit Struggle Raises Specter of Catastrophic Default
Unless Congress votes to increase the amount of money the U.S. Treasury is allowed to borrow above its current debt of $28.5 trillion, the United States will default on its…
more ...Taiwan Calls for Quick Start to Trade Talks with EU
Taiwan’s government called on the European Union to quickly begin trade talks after the bloc pledged to seek a trade deal with the tech-heavyweight island, something Taipei has long angled…
more ...IMF Chief Denies Altering World Bank Report to Appease China
International Monetary Fund chief Kristalina Georgieva on Thursday disputed an independent investigation that found that in her previous job at the World Bank, she pressed staff to alter a report…
more ...Radical Action Needed to Prevent Irreversible Climate Change, Scientists Say
Scientists from multiple organizations that monitor and assess the state of the Earth’s climate system warn the world is not on track to meet the target of the Paris Agreement…
more ...US Jobless Benefit Claims Increase, but Still Near Pandemic Low
First-time claims for U.S. unemployment compensation increased last week but remained near the low point during the 18-month coronavirus pandemic, the Labor Department reported Thursday. A total of 332,000…
more ...China Targets Canada Goose, Maker of Posh Parkas
Canada Goose, the Canadian maker of parkas it claims are designed to keep wearers toasty warm in the “the coldest places on Earth,” is the latest foreign brand targeted by…
more ...House Democrats Seek Major Tax Hike on Wealthy, Businesses
House Democrats this week have proposed a bill that would sharply raise taxes on wealthy Americans and corporations while slashing taxes paid by lower-income citizens. On balance, the proposal would…
more ...Maryland Promises Full Scholarship to Teenagers Who Get Vaccinated
Maryland Governor Larry Hogan recently announced that 20 teenagers who get vaccinated against the coronavirus will be eligible to receive a full ride to an in-state public university. Maxim Moskalkov has the story.Camera: Anatolie Casenco …
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