Venezuela plans stock comes out in break from socialist model

CARACAS, Venezuela — Venezuela’s government is seeking private investors to pump funds into vital but crippled state-run companies, decades after seizing them in the name of socialism. The government on Monday intends to offer 5% to 10% stakes in companies ranging from telephone and internet service providers to a petrochemical producer. In another country, those … Read more

Japan’s Nissan returns to profit despite chips shortages

Japanese automaker Nissan has returned to profitability for the first time in three fiscal years, despite challenges such as supply shortages caused by the pandemic and soaring costs By YURI KAGEYAMA AP Business Writer May 12, 2022, 8:35 AM • 3 min read Share to FacebookShare to TwitterEmail this article TOKYO — Japanese automaker Nissan … Read more

UK govt sets out big plans, but little cost of living relief

LONDON — Britain’s Conservative government set out its agenda for the next year on Tuesday with sweeping promises to cut crime, improve health care and revive the UK’s pandemic-scarred economy — but no new help for millions of Britons struggling to pay their bills as the cost of living dreams. Prime Minister Boris Johnson acknowledged … Read more

Sri Lankan prime minister resigns after weeks of protests

COLOMBO, Sri Lanka — Sri Lankan Prime Minister Mahinda Rajapaksa resigned Monday following weeks of protests demanding that he and his brother, the president, step down over the country’s worst economic crisis in decades, an official said. An aid to the prime minister, Wijayananda Herath, confirmed that Rajapaksa submitted a letter of resignation to President … Read more

Crews work through 2nd night after Cuba hotel blast kills 27

The search continues for victims of a hotel explosion that killed at least 27 people in Cuba’s capital and left more than a dozen missing amid the rubble By ANDREA RODRIGUEZ Associated Press May 8, 2022, 3:54 AM • 3 min read Share to FacebookShare to TwitterEmail this article HAVANA — Crews worked through a … Read more

Ukraine repels some attacks but combat rages at steel mill

LVIV, Ukraine — Ukrainian forces said Thursday they repelled Russian attacks in the east and recaptured some territory, even as Moscow moved to obstruct the flow of Western weapons to Ukraine by bombarding rail stations and other supply-line targets across the country. Heavy fighting also raged at the Azovstal steel mill in Mariupol that represented … Read more

Venezuela’s Maduro, others meet with Iran oil minister

Venezuelan President Nicolás Maduro and high-ranking officials from the South American nation have met with the oil minister of Iran to discuss cooperation in energy matters and efforts to defeat economic sanctions imposed by the US and its allies ByAssociated Press May 4, 2022, 9:21 PM • 2min read Share to FacebookShare to TwitterEmail this … Read more

Balkan leaders meet to support gas project rivaling Russia

A top European Union official is joining the leaders of four Balkan countries on a tour of liquefied natural gas facilities being built in northern Greece to challenge Russia’s energy dominance in the region ByAssociated Press May 3, 2022, 10:45 AM • 2min read Share to FacebookShare to TwitterEmail this article ATHENS, Greece — A … Read more

Berlin bathers brave cold to help cut Russian gas dependence

Swimmers at Berlin’s outdoor pools need to brace themselves for chillier water this summer By KERSTIN SOPKE and FRANK JORDANS Associated Press May 2, 2022, 2:05 PM • 3 min read Share to FacebookShare to TwitterEmail this article BERLIN — It’s a sunny May morning as the early crowd arrives for a dip at Berlin’s … Read more

Germany: Quitting Russian oil by late summer is ‘realistic’

Germany says it’s making progress on weaning itself off Russian fossil fuels and expects to be fully independent of crude oil imports from Russia by late summer ByAssociated Press May 1, 2022, 4:48 PM • 3 min read Share to FacebookShare to TwitterEmail this article BERLIN — Germany says it’s making progress on weaning itself … Read more