Category : Europe

Baltic States Impose Sanctions on Lukashenko and Other Belarus Officials

VILNIUS—Lithuania, Latvia, and Estonia imposed journey bans on President Alexander Lukashenko and 29 other Belarusian officers on Aug. 31, signaling impatience with the West’s cautious strategy by saying sanctions without waiting for the rest o...

Moscow Police Open Criminal Case After Anti-Kremlin Blogger Badly Beaten

Warning: This text incorporates a graphic image. MOSCOW—Moscow police opened a felony inquiry on Monday after anti-Kremlin opposition activist and political blogger Yegor Zhukov was crushed and left bloodied outdoors his house on the weekend. The 22-...

Trump tries to dance around a devastating backdrop

Despite unemployment above 10 percent and millions of jobs vaporized, Trump is running on his economic record before the pandemic.

Economy hurting after Congress fails to act on stimulus

The number of job listings posted in the week ending Aug. 14 were 20 percent lower than they were at this time in 2019 | Joe Raedle/Getty Images */ ]]> Just weeks after Washington lawmakers allowed a $600-a-week boost in payments for millions of...

Unemployment Isn’t Too High — Regular Wages Are Too Low

In the debate over Covid-19 relief, Congress is worried about the wrong problem.

Japan’s economy shrinks at record rate, slammed by pandemic

For the April-June period, Japan’s exports dropped at a whopping annual rate of 56 percent.

Negotiators 'miles apart' on Covid funding, with little hope for deal until September

Asked when she would next be meeting with Republicans, Speaker Nancy Pelosi told reporters on Thursday: "I don’t know. When they come in with $2 trillion."

British economy plunged record 20 percent in second quarter

The British economy saw the largest quarterly drop on record with the sharpest decrease in April and May. | Hollie Adams/Getty Images By MATEI ROSCA 08/12/2020 05:36 AM EDT */ ]]> LONDON — The British economy contracted by a record 20.4 per...

'It means nothing': Trump’s pledge to aid tenants won’t halt evictions

President Donald Trump speaks at a news conference in the James Brady Press Briefing Room at the White House, Tuesday, Aug. 11, 2020. | AP Photo/Andrew Harnik */ ]]> When President Donald Trump signed an executive order Saturday to shield tenants...

Trump’s bet on a preelection rebound meets a new test

*/ ]]> After a spring and summer bolstered by cash infusions from the federal government of more than $3 trillion, the U.S. economy may have to sink or swim this fall with a relative trickle of support — presenting a significant threat to President...

Trump’s economic comeback is becoming a slowdown and likely a stall-out

*/ ]]> The U.S. job market recovery appears to be starting to stall, threatening President Donald Trump's narrative of a rapid American comeback and a quickly declining unemployment rate headed toward the November election. The July jobs report on F...

A growing side effect of the pandemic: Permanent job loss

*/ ]]> Tens of millions of Americans have lost their jobs in the coronavirus recession, but for many of them the news is getting even worse: Their positions are going away forever. Permanent losses have so far made up only a fraction of the jobs tha...

Landmark Fed business rescue struggles amid economy's woes

People walk past an open clothing store in Cambridge, Mass, in June 2020. | Steven Senne/AP Photo */ ]]> The Federal Reserve’s $600 billion “Main Street” lending program, designed to rescue companies whacked by the coronavirus pandemic, is sputte...

Germany Suspends Extradition Pact With Hong Kong

Germany has suspended its extradition settlement with Hong Kong after the territory’s pro-Beijing authorities disqualified 12 pro-democracy candidates and postponed the legislative elections. “The decision by the Hong Kong Authorities to disqualify...

Four Crew Members on Norway Cruise Ship Hospitalized With Covid-19

OSLO—Four crew members on a Norwegian cruise vessel have been recognized with COVID-19 after it arrived on the Arctic port of Tromsoe early on Friday, stated the College Hospital of North Norway where they're being handled. All 160 crew members on t...

China Lied, People Died: Inside China's Death Labs