Tag: Economic policy
Turkish firm shuts down power supply for crisis-hit Lebanon
BEIRUT — A Turkish company that provides electricity to Lebanon from two power barges shut down its operations on Friday over delayed payments. The...
US files first trade complaint with Mexico under USMCA
MEXICO CITY — The United States filed its first labor complaint with Mexico Wednesday under the U.S.-Mexico-Canada trade agreement, after an old-guard union was...
Facebook-backed digital currency project Diem shifts to US
A once-ambitious Facebook-backed digital currency project — formerly known as Libra, now called Diem — is shifting operations from Switzerland to the U.S. and...
Australia plans big defense and security investments
CANBERRA, Australia — The Australian government released a big-spending economic plan for the next fiscal year on Tuesday that includes hefty investments in defense...
Top Fed official says Fed far from achieving its goals
WASHINGTON — A top Federal Reserve official says the outlook for the U.S. economy is bright but the recent jobs report is a reminder...
EU: Pandemic measures to total about $5.85 trillion
BRUSSELS — The European Union's top economy official said Monday that the recovery measures the EU and its 27 member states have in the...
Eyeing reelection bid, Macron looks to repair French economy
PARIS — President Emmanuel Macron’s plans for bringing France out of the pandemic aren't just about resuscitating long-closed restaurants, boutiques and museums. They are...
EU, India try again to clinch trade deal, sidelining China
PORTO, Portugal — The European Union and India agreed Saturday to restart negotiations on a bilateral free trade deal, eight years after their first...
EU leaders attend summit in person for 1st time this year
LISBON, Portugal — On the list of things not to do during a pandemic, holding big international gatherings is close to the top.
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Weak jobs report could be a risk or opportunity for Biden
WASHINGTON — President Joe Biden's promised economic comeback hit a speed bump Friday with the April jobs report, which found modest job gains of...