Latest Government policy News

Governments gather in Canada in bid to boost biodiversity

Dec. 06, 2022 11:07 AM EST

BOSTON (AP) — Amid warnings that biodiversity is in freefall, environmental leaders will gather in Montreal to hammer out measures aimed at shoring up the world's land and marine ecosystems and coming up with tens of billions of dollars to fund these conservation efforts. Delegates...

US stocks lose ground as markets ponder the Fed's next moves

Dec. 06, 2022 10:25 AM EST

NEW YORK (AP) — Stocks fell in morning trading on Wall Street Tuesday as markets ponder the Federal Reserve’s next moves on fighting inflation. The S&P 500 fell 0.9% as of 10:15 a.m. Eastern. The Dow Jones Industrial Average fell 139 points, or 0.4%, to 33,801 and the Nasdaq...

Turkey says Finland must end arms embargo to join NATO

Dec. 06, 2022 08:36 AM EST

ANKARA, Turkey (AP) — Finland must publicly declare that it's lifting an arms embargo on Turkey to win Ankara’s approval for its membership to NATO, the Turkish foreign minister said Tuesday. Mevlut Cavusoglu made the comments ahead of visit by Finland’s Defense Minister Antti...

China blasts US report, reiterates 'no 1st use' nuke policy

Dec. 06, 2022 04:43 AM EST

BEIJING (AP) — China strictly adheres to its policy of no first use of nuclear weapons “at any time and under any circumstances," its Defense Ministry said Tuesday in a scathing response to a U.S. report alleging a major buildup in Beijing's nuclear capabilities. The Pentagon...

Australia's central bank raises key interest rate to 3.1%

Dec. 06, 2022 00:12 AM EST

WELLINGTON, New Zealand (AP) — Australia's central bank has raised its benchmark interest rate by a quarter-point to 3.1% as it continues trying to wrestle down inflation. The increase was the bank's eighth in a row and took the rate to its highest level in 10 years. ...

Asian shares lower as strong data hit hopes for dovish Fed

Dec. 05, 2022 23:18 PM EST

BANGKOK (AP) — Stocks were mostly lower in Asia on Tuesday after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation. Tokyo rose while other regional markets declined. U.S. futures gained and...

Minnesota board accepts anti-drug aid for minority students

Dec. 05, 2022 22:16 PM EST

FARIBAULT, Minn. (AP) — A southern Minnesota school district voted Monday to accept a $1.1 million state grant meant to help curb drug use among students of color, after a pair of board members had delayed accepting the money last month by arguing it could discriminate against white students. ...

Inslee touts new housing program for Spokane's homeless

Dec. 05, 2022 18:36 PM EST

SPOKANE, Wash. (AP) — Washington Gov. Jay Inslee was in Spokane Monday to preview the opening of a new housing project for homeless people, calling the Catalyst Project a step toward ending the state's homelessness crisis. The new housing, in a converted hotel, aims to provide...

US, EU agree to intensify talks on 'green subsidies' dispute

Dec. 05, 2022 15:48 PM EST

WASHINGTON (AP) — The United States and European Union agreed Monday to intensify talks to resolve EU concerns over major subsidies for American companies contained in a U.S. clean energy law. Although no deal was reached at a meeting of the bilateral bilateral Trade and...

Russian oil price cap, EU ban aim to limit Kremlin war chest

Dec. 05, 2022 13:43 PM EST

FRANKFURT, Germany (AP) — Major Western measures to limit Russia's oil profits over the war in Ukraine took effect Monday, bringing with them uncertainty about how much crude could be lost to the world and whether they will unleash the hoped-for hit to a Russian economy that has held up better...