Despite pain at the pump, Americans are hitting the road | Business and Economy News

As petrol prices continue to break records in the United States, putting a significant strain on Americans’ wallets and threatening economic growth, analyzes predict that pain at the pump will cause some demand destruction in the coming months of the US summer driving season. Oil climbed to a two-month high on Thursday on signs of … Read more

Despite pain at the pump, Americans are hitting the road | Business and Economy News

As petrol prices continue to break records in the United States, putting a significant strain on Americans’ wallets and threatening economic growth, analyzes predict that pain at the pump will cause some demand destruction in the coming months of the US summer driving season. Oil climbed to a two-month high on Thursday on signs of … Read more

EXPLAINER: What Turkey’s Erdogan could gain in NATO debate

ANKARA, Turkey (AP) – Within a two-week span, Turkish President Recep Tayyip Erdogan caused a stir by throwing a wrench in Sweden and Finland’s historic request to join NATO, lashing out at fellow alliance member Greece and announcing plans for a new incursion into Syria. Erdogan appears to be using Turkey’s role as a mediator … Read more

At Davos, Kerry cites progress on China-US climate group

DAVOS, Switzerland (AP) – John Kerry, America’s top official on climate change, said Tuesday that the US and China were making progress on putting together a group from both countries to work towards quickly reducing greenhouse gas emissions. In an interview with The Associated Press during the World Economic Forum gathering in Davos, Kerry said … Read more

Live updates | EU: Russians have a future in their hands

DAVOS, Switzerland – European Commission President Ursula von der Leyen says Russia can be reintegrated into the orbit of European nations if it finds its way back to “democracy, the rule of law, the respect for the international rules-based order.” Von der Leyen spoke at the World Economic Forum’s annual gathering Tuesday. Insisting on the … Read more

Security concerns, lack of support stall Africa’s Green Wall

OUAGADOUGOU, Burkina Faso (AP) – A series of complex challenges, including a lack of funding and political will as well as rising insecurity linked to extremist groups al-Qaida and the Islamic State in Burkina Faso, are obstructing progress on Africa’s Great Green Wallaccording to experts involved in the initiative. There have been some modest gains … Read more

Zelenskyy urges ‘maximum’ sanctions on Russia in Davos talk

DAVOS, Switzerland (AP) – Ukrainian President Volodymyr Zelenskyy called for “maximum” sanctions against Russia during a virtual speech Monday to corporate executives, government officials and other elites on the first day of the World Economic Forum gathering in Davos. He said sanctions need to go further to stop Russia’s aggression, including an oil embargoblocking all … Read more

Davos updates | Qatar’s ruler calls out lives on the West

DAVOS, Switzerland (AP) – An Israeli raid this month during a Palestinian-American journalist evading the West in Qatar has ruled out double standards. Sheikh Tamim bin Hamad Al Thani said during a speech at the World Economic Forum that “we should not accept a world where governments have double standards about the value of people … Read more

‘I can’t see the light’: War fuels surging prices in Europe

MILAN (AP) – Edoardo Ronzoni inspects a construction site near Milan that he shut down in March as costs for materials skyrocketed. He can’t complete a half-built roundabout at an intersection known for fender-benders because asphalt, cast-iron pipes and concrete are too expensive – prices exacerbated by Russia’s war in Ukraine. Public works projects in … Read more

Rebutting Turkey, Biden lauds NATO bids of Sweden, Finland

WASHINGTON (AP) – Flanked by the leaders of Finland and Sweden, President Joe Biden forcefully supported their applications to join NATO on Thursday as Russia’s war in the heart of Europe challenges the continent’s security. The US president rejected Turkey’s opposition, insisting the two countries “meet every NATO requirement and then some.” Biden walked to … Read more