Latest Government subsidies News

McConnell warns Dems of fallout for reviving Biden bill

Jun. 30, 2022 20:22 PM EDT

WASHINGTON (AP) — Senate Republican leader Mitch McConnell threatened Thursday to derail a bill designed to boost semiconductor manufacturing in the United States if Democrats revive their stalled package of energy and economic initiatives. The rejuvenation of the Democratic...

Fuel, transport subsidies help keep German inflation at 7.6%

Jun. 29, 2022 10:36 AM EDT

BERLIN (AP) — Inflation in Germany eased slightly in June compared to the previous month, in part due to new subsidies that helped rein in the price of gasoline and public transport. Official figures released Wednesday show inflation hit 7.6% this month, down from 7.9% in May,...

Alaska governor outlines finalized state budget

Jun. 28, 2022 20:27 PM EDT

JUNEAU, Alaska (AP) — Alaska Gov. Mike Dunleavy announced a finalized state budget Tuesday that he said will pay off the state's lingering oil and gas tax credits and invest in areas such as public safety, education and infrastructure. Dunleavy, a Republican who faces reelection...

Germany to charge most citizens for COVID-19 rapid tests

Jun. 24, 2022 09:21 AM EDT

BERLIN (AP) — Germany will start charging for rapid COVID-19 tests that were previously free, though vulnerable groups will be exempt from the fee. Health Minister Karl Lauterbach said Friday that starting July 1 the rapid tests widely available at centers across Germany will cost...

Japan suspect in COVID relief fraud deported by Indonesia

Jun. 22, 2022 08:22 AM EDT

TOKYO (AP) — A Japanese man accused of defrauding the government of 1 billion yen ($7.3 million) intended for small Japanese businesses hurt by the coronavirus pandemic was arrested on board a flight Wednesday after being deported from Indonesia, where he fled 1 1/2 years ago. ...

WTO talks down to the wire with no major deals yet in sight

Jun. 16, 2022 11:54 AM EDT

GENEVA (AP) — Talks went down to the wire Thursday as the World Trade Organization was set to wrap up its first ministerial-level meeting in more than four years, with no firm deal so far on issues like food security, the fight against overfishing in the seas, and efforts to broaden access to...

Public workers strike in Tunisia, signaling national crisis

Jun. 16, 2022 11:25 AM EDT

TUNIS, Tunisia (AP) — A nationwide public sector strike in Tunisia is poised to paralyze land and air transportation and other vital activities Thursday with the North African nation already in the midst of a deteriorating economic crisis. Tunisia’s powerful General Labour Union...

South Korean truckers end 8-day strike, return to work

Jun. 14, 2022 22:51 PM EDT

SEOUL, South Korea (AP) — Truckers in South Korea ended an eight-day strike that caused major disruptions to domestic production and cargo transport, their union and the government announced after negotiations Tuesday. Thousands of truckers joined the nationwide strike, calling for...

Mexican government prodding its farmers to grow more food

Jun. 14, 2022 11:34 AM EDT

MEXICO CITY (AP) — The corn has begun to sprout on the hillsides south of Mexico’s capital, though it’s unclear whether these shoots will have enough water to grow or whether the farmer will be able to afford the increasingly expensive fertilizer. What is known is that the...

Pakistan's new govt presents budget, hoping for IMF bailout

Jun. 10, 2022 13:16 PM EDT

ISLAMABAD (AP) — Pakistan’s new coalition government on Friday presented its first budget in Parliament, levying more taxes on the rich and vowing to remove subsidies on energy and fuel, mainly in an effort aimed at reviving the $6 billion bailout package by the International Monetary Fund. ...