By Krishan Francis in Colombo COLOMBO, Sri Lanka (AP) — Sri Lanka’s debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity, its prime minister told lawmakers Wednesday, in comments underscoring the country’s dire...
OTTAWA — The Parliamentary Budget Officer says the federal government now stands to lose money from its investment in the Trans Mountain pipeline. The latest analysis shows the net present value of the pipeline is negative $600 million, leaving it worth about $1.2...
By Josh Boak in Washington WASHINGTON (AP) — In a pointed back and forth, the head of Chevron complained Tuesday that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that...
By Daniel Niemann, Paola Corona, Jade Le Deley And Hau Dinh in Cologne COLOGNE, Germany (AP) — At a gas station near the Cologne, Germany, airport, Bernd Mueller watches the digits quickly climb on the pump: 22 euros ($23), 23 euros, 24 euros. The numbers showing how...
FILE – Robert Habeck, Federal Minister for Economic Affairs and Climate Protection, takes part in the East German Economic Forum (OWF) in Bad Saarow, Germany, Monday, June 13, 2022. Habeck is stepping up an appeal for the country’s residents to save energy...
CALGARY — There’s a famous saying that ‘the cure for high prices is high prices,’ but when it comes to gasoline, that may not necessarily be the case. Experts are torn on when or even if drivers might see significant “demand destruction”...
