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December 10, 2025
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Poland urges EU to slap sanctions on Russian oil and gas

The Cheap Investor4 years ago4 years ago04 mins

BRUSSELS (AP) — Poland urged its European Union partners on Monday to unite and impose sweeping sanctions on Russia’s oil and natural gas sectors over the war in Ukraine, and not to cave in to pressure to pay for their gas in Russian rubles. The appeal came as EU ministers met in Brussels to discuss…

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Asian shares mixed in light ‘Golden Week’ trading

The Cheap Investor4 years ago4 years ago04 mins

Asian shares are mixed in light “Golden Week” trading with markets in China, Japan and some other countries closed for holidays. Investors are watching to see what the U.S. Federal Reserve does as it accelerates efforts to curb inflation. The central bank is expected to raise short-term interest rates by double the usual amount when…

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New Zealand welcomes back tourists as pandemic rules eased

The Cheap Investor4 years ago4 years ago02 mins

WELLINGTON, New Zealand (AP) — New Zealand welcomed tourists from the U.S., Canada, Britain, Japan and more than 50 other countries for the first time in more than two years Monday after dropping most of its remaining pandemic border restrictions. The country has long been renowned for its breathtaking scenery and adventure tourism offerings such…

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Germany: Quitting Russian oil by late summer is ‘realistic’

The Cheap Investor4 years ago4 years ago03 mins

BERLIN (AP) — Germany says it’s making progress on weaning itself off Russian fossil fuels and expects to be fully independent of Russian crude oil imports by late summer. Economy and Climate Minister Robert Habeck said Sunday that Europe’s largest economy has reduced the share of Russian energy imports to 12% for oil, 8% for…

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Tourists, rejoice! Italy, Greece relax COVID-19 restrictions

The Cheap Investor4 years ago4 years ago04 mins

ROME (AP) — For travelers heading to Europe, summer vacations just got a whole lot easier. Italy and Greece relaxed some COVID-19 restrictions on Sunday before Europe’s peak summer tourist season, in a sign that life was increasingly returning to normal. Greece’s civil aviation authority announced that it was lifting all COVID-19 rules for international…

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May Day rallies in Europe urge more help as inflation bites

The Cheap Investor4 years ago4 years ago05 mins

PARIS (AP) — Tens of thousands of people marched Sunday in cities around Europe for May Day protests to honor workers and shame governments into doing more for their citizens. In France, protesters shouted slogans against newly elected President Emmanuel Macron, a development that may set the tone for his second term. Tensions erupted in…

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Pelosi, in surprise Kyiv trip, vows unbending US support

The Cheap Investor4 years ago4 years ago05 mins

WARSAW, Poland (AP) — A top-level U.S. congressional delegation led by House Speaker Nancy Pelosi praised the “ferocity” and resolve of Ukrainians face to face with their leader in a weekend visit to Kyiv undertaken in extraordinary secrecy. Pelosi, second in line to the presidency after the vice president, was the most senior American lawmaker…

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Look for the orange vest: Ukrainians in Romania help others

The Cheap Investor4 years ago4 years ago03 mins

BUCHAREST, Romania (AP) — Elena Trofimchuk fled Ukraine to Romania more than a month ago. She now sees Bucharest’s North Railway Station as a second home. She doesn’t live there, but it’s where she spends most of her day welcoming fellow Ukrainian refugees escaping from Russia’s war and helping them sort out tickets, accommodation and…

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Despite payment, investors brace for Russia to default

The Cheap Investor4 years ago4 years ago02 mins

NEW YORK (AP) — Prices for Russian credit default swaps — insurance contracts that protect an investor against a default — plunged sharply overnight after Moscow used its precious foreign currency reserves to make a last minute debt payment on Friday. The cost for a five-year credit default swap on Russian debt was $5.84 million…

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Vegas water intake now visible at drought-stricken Lake Mead

The Cheap Investor4 years ago4 years ago03 mins

LAS VEGAS (AP) — A massive drought-starved reservoir on the Colorado River has become so depleted that Las Vegas now is pumping water from deeper within Lake Mead where other states downstream don’t have access. The Southern Nevada Water Authority announced this week that its Low Lake Level Pumping Station is operational, and released photos…

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