Latest Government policy News
Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
LONDON (AP) — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target. In a statement Thursday, the bank’s nine-member...
Trump-affiliated group releases new national security book outlining possible second-term approach
WASHINGTON (AP) — Making future military aid to Ukraine contingent on the country participating in peace talks with Russia. Banning Chinese nationals from buying property within a 50-mile radius of U.S. government buildings. Filling the national security sector with acolytes of Donald Trump. ...
Europe Day marks 1 month till EU elections. Rise of hard right, wilting of Green Deal are possible
BRUSSELS (AP) — The European Union marks its annual Europe Day on Thursday, but instead of the humdrum celebrations, all eyes are on the EU elections in a month's time, which portend a steep rise of the extreme right and a possible move away from the bloc's global trendsetting climate policies. ...
China's exports and imports return to growth in April as demand improves
HONG KONG (AP) — China's exports and imports returned to growth in April, suggesting that demand is improving despite an uneven economic recovery, according to customs data released Thursday. The report showed exports grew 1.5% in April compared to a year earlier, after falling...
Biden lauds new Microsoft center on the same site where Trump's Foxconn project failed
STURTEVANT, Wis. (AP) — President Joe Biden on Wednesday laced into Donald Trump over a failed project in the previous administration that was supposed to bring thousands of new jobs into southeastern Wisconsin and trumpeted new economic investments under his watch that are coming to the same...
China's Xi arrives in Hungary for talks on expanding Chinese investments
BUDAPEST, Hungary (AP) — Chinese President Xi Jinping arrived in Hungary late Wednesday, the final stop on his five-day European tour, where he's expected to finalize a number of agreements with Prime Minister Viktor Orbán that will deepen China's economic footprint in the region. ...
University of Kentucky faculty issue no-confidence vote in school president over policy change
LEXINGTON, Ky. (AP) — The University of Kentucky senate has issued a vote of no confidence in President Eli Capilouto, but the school's Board of Trustees issued a statement afterward saying it “unequivocally supports” him. The faculty entity took the symbolic vote on Monday...
Minnesota lawmakers debate constitutional amendment to protect abortion and LGBTQ rights
ST. PAUL, Minn. (AP) — Minnesota lawmakers launched their debate Monday on far-reaching legislation to amend the constitution to protect abortion and LGBTQ rights. The Minnesota Equal Rights Amendment would be among the nation's most expansive protections of abortion and LGBTQ...
As China's Xi Jinping visits Europe, Ukraine, trade and investment are likely to top the agenda
TAIPEI, Taiwan (AP) — Ukraine, trade and investment are expected to dominate Chinese leader Xi Jinping’s first trip to Europe in five years, as the Asian giant rebuilds its foreign relations after a prolonged absence during the Covid-19 pandemic. Xi will start the tour in Paris...
Exiled Belarus opposition leader says she hasn’t heard from her imprisoned husband for over 400 days
TALLINN, Estonia (AP) — Belarus’ exiled opposition leader said Thursday that she hasn’t heard from her imprisoned husband for 421 days. Sviatlana Tsikhanouskaya said holding her husband incommunicado is part of the government’s repressive policies. Siarhei...