Tag: Economic policy
Powell says inflation will be ‘elevated’ in coming months
WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...
Climate activists hail Dem budget spending on clean energy
WASHINGTON — Environmental groups hailed a sweeping $3.5 trillion domestic spending plan announced by Democrats, saying it would make “transformational investments” in clean energy...
Putin hosts leader of Belarus for talks on closer ties
MOSCOW — Russian President Vladimir Putin on Tuesday hosted the authoritarian leader of Belarus, who has increasingly relied on Moscow's support amid increasing tensions...
US begins to ease Venezuela sanctions allowing propane deals
CARACAS, Venezuela — The U.S. government on Monday began to ease the crippling sanctions imposed by the Trump administration on Venezuela by allowing companies...
US raises concerns on Mexico’s nationalistic energy policy
MEXICO CITY — The U.S. trade representative said Wednesday that she has raised the concerns about Mexico’s energy policies that favor state-owned Mexican companies....
Europe’s central bank intensifies focus on climate change
FRANKFORT, Germany — The European Central Bank has adopted a new approach to managing the economy that would allow the bank to tolerate transitory...
Jordan, Israel agree to water deal, more West Bank trade
AMMAN, Jordan — Jordan reached an agreement Thursday to purchase an additional 50 million cubic meters of water from Israel and to increase its...
In Illinois, Biden to push money for families and child care
WASHINGTON — President Joe Biden is turning his focus to pitching his proposed investments in families and education, using a visit to a community...
Fed officials discuss timing of reducing bond purchases
WASHINGTON — Federal Reserve officials began debating at their June meeting when and how they would reduce the monthly bond purchases that they have...
UK government urged to hold China ‘to account’ over Uyghurs
LONDON — The British government should back a political boycott of the 2022 Winter Olympics in Beijing to pressure the Chinese government over the...