Saturday, October 19, 2024

North America

June 17, 2024 3:59 PM

US as many as 15 years behind China on nuclear power, report says

The U.S. is as many as 15 years behind China on developing high-tech nuclear power as Beijing's state-backed technology approach and extensive financing give it the edge, a report said on Monday. China has 27 nuclear reactors under construction with...

June 13, 2024 3:37 PM

US expands Russia sanctions, targets chips sent via China

The United States on Wednesday dramatically broadened sanctions on Russia, including by targeting China-based companies selling semiconductors to Moscow, as part of an effort to undercut the Russian military machine waging war on Ukraine. Among t...

June 12, 2024 5:35 PM

Fed expected to hold rates steady, project fewer cuts in 2024

The Federal Reserve is expected to leave interest rates unchanged on Wednesday, with new economic projections from the U.S. central bank's policymakers likely to show fewer rate cuts this year and a delayed start to monetary policy easing. Fed offic...

June 7, 2024 2:32 PM

Unemployment nears 80% in Gaza, UN agency says

Unemployment in the Gaza Strip has reached nearly 80% since the war with Israel erupted last October, the United Nations labour agency said on Friday, bringing the average unemployment rate across Palestinian territories to more than 50%. Unemploy...

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