Tag: Economic policy
Former banker Guillermo Lasso becomes president in Ecuador
QUITO, Ecuador — Former banker Guillermo Lasso was sworn in as president of Ecuador on Monday, saying he will escalate efforts to vaccinate people...
EU ministers seek to cement trade ties with Biden team
BRUSSELS — European Union and U.S. top trade officials on Thursday will seek to further cement recent advances in settling some key differences that...
High inflation? A generation of investors has never felt it
NEW YORK — The central question gripping Wall Street is whether the burst of inflation hitting the economy as it recovers from the pandemic...
Fed officials in April cautioned about inflation pressures
WASHINGTON — Federal Reserve officials at their April meeting reaffirmed the view that the central bank's ultra-low interest rate remained the best policy approach,...
Japan’s economy shrinks 5.1% as pandemic dries up spending
TOKYO — The Japanese economy contracted at an annual rate of 5.1% in January-March, slammed by a plunge in spending over the coronavirus pandemic,...
EU, US agree to temporarily suspend tariffs in steel dispute
BRUSSELS — The European Union and the United States have decided to temporarily suspend measures at the heart of a steel tariff dispute that...
Cyprus president unveils ‘ambitious’ economic stimulus plan
NICOSIA, Cyprus — Cyprus' president on Monday unveiled a 4.4 billion-euro ($5.34 billion) economic stimulus plan, which he described as the “most ambitious ever”...
German Greens want more rail travel, fewer domestic flights
BERLIN — Germany's environmentalist Greens party wants to boost rail travel at the expense of domestic flights to help the country achieve its goal...
Biden plan would pick winners, losers in move to green jobs
WASHINGTON — In Georgia, school bus-maker Blue Bird has visions of going from selling a few hundred electric buses annually to 15,000. In Michigan,...
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...
