Open this photo in gallery: Author Gail Vaz-Oxlade in Toronto on Jan. 6, 2010.JENNIFER ROBERTS/The Globe and Mail Finance guru and Til Debt Do Us Part host Gail Vaz-Oxlade didn’t always know about money … because she didn’t have any. In 1977, the new immigrant faced big changes and challenges. In Canada, if she wanted
Open this photo in gallery: Rising rates also make houses less affordable. Andrew Auerbach and Jean Blacklock are contributing columnists for The Globe and Mail. They are co-founders of Delisle Advisory Group, an independent wealth management firm serving high-net-worth families. In 2020, in the face of soaring house prices and increasing household debt, Canada’s largest
LONDON — British regulators on Thursday slashed proposed rate increases by water companies, crimping revenue at a time they are struggling to persuade investors to finance efforts to reduce sewage spills that have fouled waterways around the country. Under the draft decision by regulator Ofwat, Thames Water, Britain’s biggest water company, would be allowed to
Britain’s new finance minister Rachel Reeves will pledge on Monday to take “difficult decisions” to drive economic growth, including swift changes to unblock infrastructure and private investment, in her first major speech since Labour won power last week. “Last week, the British people voted for change. And over the past 72 hours I have begun
ROME (AP) — Pope Francis’ chief of staff became one of the highest-ranking Holy See officials to testify in a foreign court Thursday, telling a British tribunal about the negotiations at the heart of the Vatican’s so-called “trial of the century,” admitting he filed a false invoice and pointing a finger at his one-time deputy
ROME — Pope Francis’ chief of staff became one of the highest-ranking Holy See officials to testify in a foreign court Thursday, giving a British tribunal a detailed explanation of the negotiations at the heart of the Vatican’s so-called “trial of the century” and pointing a finger at his onetime deputy who escaped the scandal
TANGIERS, Morocco — After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco. In the rolling hills near Tangiers and in industrial parks near the Atlantic Ocean, they have announced plans for new factories to
NAIROBI, Kenya (AP) — Kenya’s president said Wednesday he won’t sign into law a finance bill proposing new taxes that prompted thousands of protesters to storm the parliament the previous day, leaving several people killed as police opened fire. It was the biggest assault on Kenya’s government in decades. The government wanted to raise funds
KAMPALA, Uganda (AP) — Kenya’s president came to power by appealing to the common people, describing himself as a “hustler” and vowing relief from economic pain. But Tuesday’s deadly chaos in the capital, Nairobi, shows how far support for him has turned. Part of parliament burned as protesters rushed in and lawmakers fled. Bodies lay
BRUSSELS — The European Union is weighing whether to cut financial support to Georgia if it does not withdraw a new law that critics say will curb media freedom and harms the country’s chances of joining the bloc, the EU’s top diplomat said on Monday. EU foreign policy chief Josep Borrell said the 27-nation bloc