Latest Government policy News

Indigenous groups, activists resist Congo's oil block plan

Sep. 28, 2022 20:13 PM EDT

MOMBASA, Kenya (AP) — The auctioning of oil and gas blocks in Congo has stirred resistance and concern among local Indigenous communities worried about damage to their homes and large swaths of forest, according to a report released Thursday by several environmental groups. In...

Tiny Oregon town hosts 1st wind-solar-battery 'hybrid' plant

Sep. 28, 2022 18:27 PM EDT

PORTLAND, Ore. (AP) — A renewable energy plant in Oregon that combines solar power, wind power and massive batteries to store the energy generated there officially opened Wednesday as the first utility-scale plant of its kind in North America. The project, which can generate...

US: Focus new Russia sanctions on oil revenue, arms supplies

Sep. 28, 2022 17:40 PM EDT

WASHINGTON (AP) — Future sanctions over President Vladimir Putin’s invasion of Ukraine must focus on depriving Putin of what he needs to fund and fight the war: revenue from Russia’s oil and gas sales and access to global supply networks to replenish his military, two architects of the Biden...

Rail unions emphasize positives of their tentative deals

Sep. 28, 2022 17:40 PM EDT

OMAHA, Neb. (AP) — The two biggest U.S. railroad unions were working Wednesday ahead of key ratification votes to dispel rumors about the contract deals that averted a potentially devastating nationwide strike . The unions have been fighting rumors on social media that they would...

Europe ramps up energy security after suspected sabotage

Sep. 28, 2022 16:32 PM EDT

BRUSSELS (AP) — European companies are ramping up security around pipelines and energy prices are climbing again as the suspected sabotage of two pipelines that deliver natural gas from Russia underscored the vulnerability of Europe’s energy infrastructure and prompted the EU to warn of...

Stocks rally, bonds soar in relief after UK calms markets

Sep. 28, 2022 16:30 PM EDT

NEW YORK (AP) — Stocks rallied on Wall Street to their first gain in more than a week, as some calm returned to markets around the world Wednesday after the Bank of England moved forcefully to get a budding financial crisis there under control. The S&P 500 jumped 2% for its...

Editorial Roundup: United States

Sep. 28, 2022 15:48 PM EDT

Excerpts from recent editorials in the United States and abroad: Sept. 26 The Washington Post on congressional stock-trading It is a long-running scandal that members of Congress are allowed to trade individual stocks. They have access to privileged...

UK central bank intervenes in market to halt economic crisis

Sep. 28, 2022 13:28 PM EDT

LONDON (AP) — The Bank of England took emergency action Wednesday to stabilize U.K. financial markets and head off a crisis in the broader economy after the government spooked investors with a program of unfunded tax cuts, sending the pound tumbling and the cost of government debt soaring. ...

Nonprofits help fund immigrants' legal fights on deportation

Sep. 28, 2022 12:56 PM EDT

As the number of immigrants seeking court permission to avoid deportation grows, foundations in Los Angeles have joined with local governments to direct millions of dollars to pay for lawyers to represent the immigrants, an effort they hope will be copied across the country. Unlike...

Lebanon announces hike in fixed exchange rate against dollar

Sep. 28, 2022 12:06 PM EDT

BEIRUT (AP) — The Lebanese Finance Ministry said Wednesday the crisis-hit country will hike its fixed exchange rate against the dollar to 15,000 Lebanese pounds starting in November, calling it a “necessary corrective action.” The Lebanese pound was pegged at just over 1,500...