Tag: Economy
South Africa’s Ramaphosa urges support for vaccination drive
JOHANNESBURG — South African President Cyril Ramaphosa urged support for his government’s efforts to deal with the COVID-19 pandemic as it struggles to implement...
New lawsuit targets California ride-hail labor law
OAKLAND, Calif. — Ride-hail drivers and a union filed a lawsuit Thursday against Proposition 22 — a ballot measure that exempted Uber and other...
Lobster biz braces for Chinese New Year impacted by pandemic
PORTLAND, Maine — America's lobster exporters recovered from the Trump-era trade war with China to have a good 2020. But the industry is approaching...
Sign of inequality: US salaries recover even as jobs haven’t
WASHINGTON — In a stark sign of the economic inequality that has marked the pandemic recession and recovery, Americans as a whole are now...
German industrial production flat after 7 months of gains
BERLIN — Industrial production in Germany, Europe's biggest economy, stagnated in December after seven consecutive months of gains, official data showed Monday.
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Pope hails Colombia for giving needy Venezuelans protection
VATICAN CITY — Pope Francis on Sunday praised Colombia for its recent decision to grant protection to Venezuelans who fled their homeland’s economic hardships,...
ECB’s Lagarde: Pandemic continues to threaten economy
FRANKFURT, Germany — The head of the European Central Bank says the winter surge in COVID-19 cases and the emergence of mutated variants of...
Israel, Greece sign tourism deal to boost economies
JERUSALEM — Israeli and Greek officials agreed Monday to clear the way for vaccinated tourists to travel between their Mediterranean nations in a bid...
Online grocery shopping drives up sales at Ocado
LONDON — Ocado, one of the biggest internet-only grocery retailers, said Tuesday that sales rose 35% during the last fiscal year as the COVID-19...
Draghi nets wide support to lead Italian government, for now
ROME — Former European Central Bank chief Mario Draghi secured pledges of backing from nearly every party represented in the Italian Parliament as he...