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MONEY NEWS FROM THE ASSOCIATED PRESS

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  • More fireworks in Americans’ hands for July 4 raises risks

    ATLANTA (AP) — For many Americans, the Fourth of July will be more intimate this year. It also could be riskier. Saturday will be unlike any Independence Day in recent memory. From Atlanta to San Diego, hundreds of fireworks shows have been canceled as officials restrict large gatherings during the coronavirus pandemic, especially as infections […]
  • Opponents of 5G networks set fire to Cyprus’ mobile antennas

    NICOSIA, Cyprus (AP) — A small group of people who oppose 5G mobile telephone technology is likely responsible for arson attacks against four mobile telephone antenna installations in Cyprus’ coastal town of Limassol, a Cypriot police official said Friday. Police spokesman Christos Andreou told The Associated Press that law enforcement authorities have agreed with telecommunication […]
  • `Huge bummer’: July Fourth will test Americans’ discipline

    The U.S. headed into the Fourth of July weekend with many parades and fireworks displays canceled, beaches and bars closed, and health authorities warning that this will be a crucial test of Americans’ self-control that could determine the trajectory of the surging coronavirus outbreak. With confirmed cases climbing in 40 states, governors and local officials […]
  • Germany’s Daimler to start talks on sale of plant in France

    BERLIN (AP) — German automaker Daimler said Friday it plans to start talks on selling its plant in Hambach, France, where it has made the Smart compact car for years. Daimler currently has some 1,600 employees at Hambach in eastern France. CEO Ola Kallenius said in a statement that the company is working to increase […]
  • Vatican watchdog sees record cooperation levels despite raid

    The Vatican’s financial watchdog agency has reported record levels of internal cooperation despite being thrown into turmoil in October when Vatican police raided its offices as part of an investigation into a 350 million-euro (nearly $400 million) London real estate deal. The Financial Information Authority, created in 2010 to help the Vatican shed its reputation […]
  • Quarantine-free travel from UK to Cyprus to start Aug 1

    NICOSIA, Cyprus (AP) — Cyprus’ beleaguered tourism sector got some good news after the government announced on Friday that travelers from the U.K. will be allowed entry into the east Mediterranean island nation next month without having to undergo a compulsory 14-day quarantine. But Health Minister Constantinos Ioannou said that depends on whether U.K. coronavirus […]
  • Poland wants generous EU budget for Central Europe

    WARSAW, Poland (AP) — Polish President Andrzej Duda said Friday that the European Union’s budget for the next seven years should be generous for Central European nations, which aim to help drive the economic recovery from the coronavirus recession. Duda spoke to open a summit of prime ministers of the Visegrad Group, a regional cooperation […]
  • Spain sets aside another $56 billion for ailing companies

    MADRID (AP) — The Spanish government announced Friday it is making available another 50 billion euros ($56 billion) in aid for companies struggling to weather economic difficulties brought by the new coronavirus outbreak. The government said after an extraordinary Cabinet meeting it will provide 40 billion euros in loan guarantees for new investments, especially in […]
  • China sends warning to India amid border clash fallout

    BEIJING (AP) — China on Friday warned India against making a “strategic miscalculation” following a bloody clash last month between forces from the two nuclear-armed Asian giants along their disputed border. Foreign Ministry spokesperson Zhao Lijian called on India to “work with China to safeguard the overall situation of bilateral relations” and criticized Indian officials […]
  • Merkel says ‘every day counts’ in passing EU recovery fund

    BERLIN (AP) — German Chancellor Angela Merkel pushed Friday for a quick agreement on a recovery fund aimed at pulling the European Union out of the coronavirus recession, arguing that “every day counts.” Germany, which has the EU’s biggest economy and most populous country, took over the rotating EU presidency for six months on Wednesday. […]