Tag: Economic policy

Senate Democrats’ $3.5T budget deal backs up Biden’s goals

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WASHINGTON — this story is a refire/new doc of last night's story with new material wire embargoed for 6 a.m. EDT Wednesday; lead with...

Powell says inflation will be ‘elevated’ in coming months

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WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...

Putin hosts leader of Belarus for talks on closer ties

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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

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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

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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

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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

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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

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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

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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

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LONDON — The British government should back a political boycott of the 2022 Winter Olympics in Beijing to pressure the Chinese government over the...