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‘I can’t see the light’: War fuels surging prices in Europe

MILAN (AP) — Edoardo Ronzoni inspects a construction site near Milan that he shut down in March as costs for materials skyrocketed. He can’t complete a half-built roundabout at an intersection known for fender-benders because asphalt, cast-iron pipes and concrete are too expensive — prices exacerbated by Russia’s war in Ukraine. Public works projects in […]

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Yellen’s global tax plan meets resistance abroad and at home

KOENIGSWINTER, Germany (AP) — Treasury Secretary Janet Yellen celebrated a “historic day” last summer when more than 100 nations agreed to a global minimum tax deal, aimed at putting the world’s countries on a more equal footing in attracting and keeping multinational companies. President Joe Biden tweeted that the idea was “diplomacy reshaping our global […]

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US, S Korean leaders meet in face of N Korea nuclear threat

SEOUL, South Korea (AP) — When the U.S. and South Korean leaders meet Saturday, North Korea’s nuclear weapons and missile program, already a major focus, may receive extra attention if intelligence predictions of an imminent major weapons demonstration by the North, which is struggling with a COVID-19 outbreak, are right. What’s less clear, however, is […]

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Mining companies back away from Brazil’s Indigenous areas

RIO DE JANEIRO (AP) — Some of the world’s biggest mining companies have withdrawn requests to research and extract minerals on Indigenous land in Brazil’s Amazon rainforest, and have repudiated Brazilian President Jair Bolsonaro’s efforts to legalize mining activity in the areas. The Brazilian Mining Association (Ibram), which represents around 130 companies, conducted an internal […]

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Ukrainian troops surrendering at Mariupol registered as POWs

KYIV, Ukraine (AP) — The fate of hundreds of Ukrainian fighters who surrendered after holding out against punishing attacks on Mariupol’s steel factory hung in the balance Thursday, amid international fears that the Russians may take reprisals against the prisoners. The International Committee of the Red Cross gathered personal information from hundreds of the soldiers […]

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Turkey objects as Sweden, Finland seek NATO membership

STOCKHOLM (AP) — Turkey´s president on Monday complicated Sweden and Finland´s historic bid to join NATO, saying he cannot allow them to become members of the alliance because of their perceived inaction against exiled Kurdish militants. President Recep Tayyip Erdogan doubled down on comments last week indicating that the two Nordic countries´ path to NATO […]