MOGADISHU, Somalia (AP) — It now costs Ayan Hassan Abdirahman twice as much as it did just a few months ago to buy the wheat flour she uses to make breakfast each day for her 11 children in Somalia’s capital. Nearly all the wheat sold in Somalia comes from Ukraine and Russia, which have halted…
BEIJING (AP) — Global stocks and U.S. futures rose Monday after Wall Street rebounded from a seven-week string of declines and China eased anti-virus curbs on business activity in Shanghai and Beijing. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong advanced. Oil stayed above $110 per barrel. The future for Wall Street’s S&P…
BEIJING (AP) — Asian stocks rose Monday after Wall Street rebounded from a seven-week string of declines and China eased anti-virus curbs on business activity in Shanghai and Beijing. Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil rose more than $1 per barrel to stay above $110. On Wall Street, the benchmark S&P 500 index…
BELGRADE, Serbia (AP) — As the war in Ukraine rages, Serbia’s president announced that he has secured an “extremely favorable” natural gas deal with Russia during a telephone conversation Sunday with Russian President Vladimir Putin. Serbian President Aleksandar Vucic has refused to explicitly condemn Russia’s invasion of Ukraine, and his country has not joined Western…
SAN FRANCISCO (AP) — Top officials from California and New Zealand signed a pledge Friday agreeing to help fight climate change by sharing ideas and best practices, including how to put millions more electric vehicles on the road. Gov. Gavin Newsom, a Democrat, and New Zealand Prime Minister Jacinda Ardern spoke about the agreement at…
TUCSON, Ariz. (AP) — A federal judge has rejected a request by Native American tribes to stop Toronto-based Hudbay Minerals Inc. from preparing a planned new Arizona copper mine’s site in the Santa Rita Mountains near Tucson. U.S. District Judge James Soto refused to issue a temporary restraining order and dismissed the lawsuit filed by…
MIAMI (AP) — The Biden administration has renewed a license partially exempting Chevron from sanctions on Venezuela so it can keep operating in the oil-rich, socialist-run nation. The license issued Friday by the U.S. Treasury Department allows the California-based Chevron and other U.S. companies to perform only basic upkeep of wells it operates jointly with…
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first slowdown since November 2020 and a sign that high prices may finally be moderating, at least for now. The inflation figure the Commerce Department reported Friday was below the four-decade high of 6.6% set in March….
WASHINGTON (AP) — U.S. Secretary of State Antony Blinken said Friday he’s confident Turkey’s objections to Finland and Sweden joining NATO can be overcome swiftly, possibly in time for a summit of alliance leaders at the end of next month. At a news conference in Washington with visiting Finnish Foreign Minister Pekka Haavisto, Blinken said…
BERLIN (AP) — Officials from the Group of Seven wealthy nations announced Friday that they will aim to largely end greenhouse gas emissions from their power sectors by 2035, making it highly unlikely that those countries will burn coal for electricity beyond that date. Ministers from the G-7 countries meeting in Berlin also announced a…
