Month: March 2022

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Union’s executive arm has proposed a 500 million-euro aid package to help food producers in the 27-nation bloc weather the economic impact of the war in Ukraine. With Russia and Ukraine providing about 30% of the world’s wheat, the war has led to higher food

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Ukrainian President Volodymyr Zelenskyy, in a virtual address to Japan’s parliament, has called on the lawmakers to keep up sanctions against Russia over its invasion of Ukraine to pressure Moscow into seeking peace. Zelenskyy praised Japan during Wednesday’s address for becoming the first Asian country to sanction

BANGKOK (AP) — Thailand’s securities regulator says it is barring the use of cryptocurrencies for payment of goods and services. The ruling effective April 1 does not ban investment in cryptocurrencies, which has become increasingly popular in the past year after being promoted by local exchanges. The Securities and Exchange Commission said Wednesday it’s taking

By KELVIN CHAN and ARITZ PARRA Associated Press MADRID (AP) — European governments are slashing fuel taxes and doling out tens of billions to help consumers, truckers, farmers and others cope with spiking energy prices made worse by Russia’s invasion of Ukraine. But for some truckers, fishermen and others whose livelihoods hinge on fuel, the

By ROB HARRIS AP Global Soccer Writer LONDON (AP) — The owners of the Chicago Cubs, who are bidding for Premier League club Chelsea, touted their anti-racism credentials after a backlash in England about offensive comments by the father of the baseball team’s chairman. It has been three years since family patriarch Joe Ricketts apologized

By HERNÁN MUÑOZ Associated Press GUISSONA, Spain (AP) — Ukrainian refugees fleeing bombs and bullets at home are fanning out across Western Europe. Few places they arrive feel as welcoming as a Spanish town known for years as “Little Ukraine.” One in seven residents of Guissona was originally from there even before Russian tanks rolled

By HAL M. BUNDRICK of NerdWallet Receiving a financial windfall is exciting. Your emotions soar with the possibilities: a new car, a vacation, or perhaps paying off debt. It’s your money personality that drives your response to sudden cash. Knowing how you have handled money in the past can guide your plans for a windfall.

By ALEX NISHIMOTO Edmunds We’re living in a golden age of off-road pickup trucks that you can buy straight from the factory, and the Ford F-150 Raptor and Ram 1500 TRX are the most high-profile examples. They’re similar in many respects and offer full-size truck utility combined with exceptional high-speed desert-running performance. But there are

By JOSH BOAK Associated Press Vice President Kamala Harris has announced a plan that’s intended to end racial and ethnic discrimination in the appraisal of home values. The plan is part of a broader federal effort to address a wealth gap that systemic inequality has perpetuated. Among the 21 steps in the plan is a

By RAF CASERT Associated Press BRUSSELS (AP) — Western allies have already clinched the most important part of what all will be looking for in three summits on Thursday held in Europe’s diplomatic capital. U.S. President Biden will exemplify the sense of unity in the face of Russia’s war in Ukraine when the leaders of

By DANICA KIRKA Associated Press LONDON (AP) — Britain’s Treasury chief has announced a package of tax cuts and support payments that fell far short of what consumer advocates had demanded to shield working families from the soaring cost of living. That’s triggered criticism that Rishi Sunak doesn’t understand the scale of the crisis. He

By DANICA KIRKA Associated Press LONDON (AP) — The British government says a Dubai government-owned ferry operator at the center of a bitter U.K. labor dispute likely broke the law when it fired 786 crew members without notice to replace them with cheaper contract staff. Prime Minister Boris Johnson condemned the “callous” behavior of P&O

By SAMY MAGDY Associated Press CAIRO (AP) — The Egyptian pound has slipped further against the dollar, after Egypt’s Central Bank raised its main interest rate and devalued the local currency by 14%. Banks Wednesday were selling the U.S. currency at more than 18.5 pounds while buying it at over 18.45. That’s up from an

WUZHOU, China (AP) — Add rain to the challenges facing Chinese investigators as they try to determine why a jetliner with 132 people aboard crashed in remote mountains. Amid difficult conditions, officials say they have recovered what they believe is the cockpit voice recorder, one of two “black boxes” carried by the China Eastern Airlines

NEW YORK (AP) — Russia has unleashed a harsh crackdown on dissent over the past year by imprisoning opposition leader Alexei Navalny and silencing his supporters and his organization. Activists were either prosecuted, fled the country or had their hands tied by draconian new laws or decrees. Independent news outlets were blocked and social media

By GLENN GAMBOA AP Business Writer The humanitarian needs of more than 10 million displaced Ukrainians have quickly become staggering. Yet Mark Malloch-Brown, president of the Open Society Foundations, warns that longer-term problems resulting from Russia’s invasion will grow ever larger if they aren’t sufficiently addressed now. Experts report an “unprecedented” outpouring of aid for

By ELAINE KURTENBACH AP Business Writer Stocks have fallen in Asia following a retreat on Wall Street as crude oil prices rose sharply. Tokyo, Hong Kong and Shanghai were lower while Sydney edged higher. U.S. futures rose and U.S. benchmark crude oil was trading near $116 per barrel. On Wednesday, the S&P 500 lost 1.2%,

BEIJING (AP) — Chinese telecom equipment maker ZTE Corp. says a U.S. judge has allowed a probation period to end after the company was nearly destroyed in a clash with Washington over its dealings with Iran and North Korea. In 2018, then-President Donald Trump barred ZTE’s access to American components amid rising tension with Beijing

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand’s flagship airline says it has started selling tickets for direct flights to and from New York. The new route will take more than 17 hours southbound and be among the longest nonstop flights in the world. Air New Zealand had intended to start