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Month: May 2023

Ukraine’s economy shows ‘resilience’ from Russian attacks, IMF says as it backs aid

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — International Monetary Fund has  signed off on an initial loan of $900 million and raised its estimate for the country’s economic growth. Gavin Gray, the IMF’s mission chief to Ukraine, says the economy is showing “remarkable resilience” following Russian attacks on its electricity infrastructure. The

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US opens probe into Freightliner trucks automatically braking without obstacle in road

DETROIT (AP) — The U.S. government’s highway safety agency is investigating complaints that the automatic emergency braking on big Freightliner trucks can stop unexpectedly for no apparent reason. It’s at least the third recent investigation by the National Highway Traffic Safety Administration into glitches with the technology, which has the potential to save lives because

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Brazilian president’s support of Venezuela’s leader mars unity at South America summit

By CARLA BRIDI and DIANE JEANTET Associated Press BRASILIA (AP) — The Brazilian president’s strong support of Venezuela’s authoritarian leader marred the unity Tuesday at a South American summit that Brazil convened in hopes of reviving a bloc of the region’s 12 politically polarized countries. Brazil’s President Luiz Inácio Lula da Silva proposed during his

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