Madrid's right-wing regional administration had strongly opposed the central government's order on economic grounds and said it was vindicated by Thursday's ruling.
Unemployment Layoffs US layoffs still high, but so is skeptic
The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession.
Federal carbon tax needs to increase for Canada to meet climate goals: PBO
The carbon tax is already set to rise to $50 per tonne of emissions by 2022 and the Liberals have not said what the path for the levy might be after that.
In a report this morning, budget officer Yves Giroux estimates the tax will have to rise to $117 per tonne by 2030 if it is applied to all industries.
Canada’s hospitality businesses face new threat amid coronavirus — rising insurance
While these businesses carry the same risks as elsewhere, the Canadian hospitality industry has faced a bigger hit due to a much smaller insurance market dominated by Lloyd’s syndicates, Ritchie said. Far more domestic insurers cover the space in countries like the United States, spreading out risk,
Trump says he won’t participate in virtual debate; Biden asks to reschedule
“I’m not going to waste my time on a virtual debate. That’s not what debating is all about,” he said on Fox Business. “You sit behind a computer and do a debate; it’s ridiculous.”
Trump’s campaign said he would hold a rally instead that night.
F.B.I. Says Michigan Militia Plotted to Kidnap Gov. Gretchen Whitmer
Over the summer, the men gathered for firearms training, combat drills and tried to make explosives; in July, one of the men said the group should take Ms. Whitmer hostage and move her to a “secure location” in Wisconsin for a “trial,” the agent said.
For the Liberals, taxing the rich might be politically popular — and risky
A new paper from the progressive Broadbent Institute goes further by calling for the elimination of tax breaks for capital gains and dividends, a higher top tax bracket, changes to corporate taxes and a post-crisis increase in consumption taxes like the GST.
If raising government revenue was the only consideration, increasing the GST would be the simplest way to do it: an increase of one percentage point has been estimated to be worth approximately $7 billion in revenue. Politically, of course, any increase in the GST would be a heavy burden for any government to carry.
Mike Pence, Kamala Harris Clash on Combating Coronavirus at Vice Presidential Debate
Sen. Kamala Harris sought to make the election a referendum on the Trump administration’s handling of the coronavirus pandemic in a debate just days after President Trump’s Covid-19 diagnosis, while Vice President Mike Pence said the Democratic presidential ticket’s policies were too liberal and would damage the economy.
Feds, Ontario to give millions to produce electric vehicles at Ford’s Oakville plant
The federal and Ontario governments are each chipping in more than $250 million to mass produce electric vehicles — and the batteries that power them — at Ford Motor Co.’s plant in Oakville, Ont.
Russia says Kyrgyzstan is in chaos and needs stabilising
The Central Asian nation has been gripped by unrest since parliamentary elections on Sunday which government critics and western monitors said were marred by vote-buying. Protesters stormed government buildings on Tuesday and rival groups have since claimed power.
Fed could boost bond buys, but won't for now, policymakers say
The Federal Reserve could ramp up its bond purchasing program to push down further on borrowing costs, but for now the U.S. economy’s most pressing need is for a new round of government spending, U.S. central bankers said on Wednesday.
Ontario faces 'runaway train' of COVID-19 cases if families don't scrap Thanksgiving gatherings, doctor warns
Should Ontarians not heed those warnings, some weekend gatherings could become superspreading events once infected attendees return to their homes, schools and workplaces, said Dr. Jeff Kwong, a professor of family medicine and public health at the University of Toronto.