Economy

Swedish environmental activist Greta Thunberg takes her seat prior to the opening session of the World Economic Forum in Davos, Switzerland, Tuesday, Jan. 21, 2020. The 50th annual meeting of the forum will take place in Davos from Jan. 20 until Jan. 24, 2020. (AP Photo/Markus Schreiber)
January 21, 2020 - 3:05 am
DAVOS, Switzerland (AP) — Climate activist Greta Thunberg told the world's political and business leaders Tuesday that the global movement sparked by her school strike was only the very beginning in the fight against global warming and much more has to be done. “It wasn't only me, but all these...
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Staff in biohazard suits hold a metal stretcher by the in-patient department of Wuhan Medical Treatment Center, where some infected with a novel coronavirus are being treated, in Wuhan, China, Tuesday, Jan. 21, 2020. Heightened precautions were being taken in China and elsewhere Tuesday as governments strove to control the outbreak of the coronavirus, which threatens to grow during the Lunar New Year travel rush. (AP Photo/Dake Kang)
January 21, 2020 - 2:50 am
WUHAN, China (AP) — Heightened precautions were being taken in China and elsewhere Tuesday as governments strove to control the outbreak of a new coronavirus that threatens to spread further during the Lunar New Year travel rush. Anxieties grew after Chinese government expert Zhong Nanshan revealed...
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Meng Wanzhou, chief financial officer of Huawei leaves her home in Vancouver, Monday, January, 20, 2020. A court hearing begins today in Vancouver over the American request to extradite an executive of the Chinese telecom giant Huawei on fraud charges. (Jonathan Hayward/The Canadian Press via AP)
January 20, 2020 - 8:16 pm
VANCOUVER, British Columbia (AP) — The first stage of an extradition hearing for a senior executive of Chinese tech giant Huawei started in a Vancouver courtroom M onday, a case that has infuriated Beijing, caused a diplomatic uproar between China and Canada and complicated high-stakes trade talks...
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The Rev. Raphael G. Warnock speaks during the Martin Luther King, Jr. annual commemorative service at Ebenezer Baptist Church in Atlanta on Monday, Jan. 20, 2020. (Branden Camp/Atlanta Journal-Constitution via AP)
January 20, 2020 - 6:04 pm
ATLANTA (AP) — Monday's Martin Luther King Jr. holiday found leaders still wrestling over his legacy against the backdrop of a presidential election year. Republicans told a sometimes cool crowd at Ebenezer Baptist Church in Atlanta that they were honoring King's civil rights legacy of service and...
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President Donald Trump returns to the White House in Washington, Sunday, Jan. 19, 2020, from a campaign trip to Austin, Texas. (AP Photo/Manuel Balce Ceneta)
January 20, 2020 - 5:30 pm
WASHINGTON (AP) — When President Donald Trump’s historic impeachment trial is called to order in the Senate this week, he won’t be watching from inside the chamber or on television from the White House. He'll be thousands of miles away at the Davos economic forum in the Swiss Alps, trying to charm...
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French President Emmanuel Macron delivers a speech as he visits a plant of British-Swedish pharmaceutical group Astrazeneca in Dunkirk, northern France, Monday, Jan. 20, 2020. French President Emmanuel Macron is hosting 180 international business leaders later today at the Palace of Versailles in a bid to promote France's economic attractiveness despite over six weeks of crippling strikes over his government's planned pension changes.(Denis Charlet/Pool Photo via AP)
January 20, 2020 - 10:00 am
PARIS (AP) — France's president is taking on the role of salesman in chief for his strike-battered country. Emmanuel Macron used the splendor of the Palace of Versailles to woo international business leaders on Monday, insisting that his reforms are attracting investors despite six weeks of...
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An employee works in a chemical fiber plant in Nantong in eastern China's Jiangsu Province, Friday, Jan. 17, 2020. China's economic growth sank to a new multi-decade low in 2019 as Beijing fought a tariff war with Washington, but forecasters said a U.S.-Chinese trade truce might help to revive consumer and business activity. (Chinatopix via AP)
January 20, 2020 - 8:24 am
WASHINGTON (AP) — Low interest rates and reduced trade tensions will likely buoy the global economy over the next two years and help nurture steady if modest growth. That's the view of the International Monetary Fund, which foresees world economic growth accelerating from 2.9% last year to 3.3% in...
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The logo of the World Economy Forum is displayed on a door at the Congress Centre in Davos, Switzerland, Sunday, Jan. 19, 2020. The 50th annual meeting of the World Economic Forum will take place in Davos from Jan. 20 until Jan. 24, 2020. (Photo/Markus Schreiber)
January 20, 2020 - 7:54 am
DAVOS, Switzerland (AP) — Rising income inequality is undermining confidence in capitalism around the world, according to a survey conducted by public relations firm Edelman ahead of the gathering of the elites in the Swiss ski resort of Davos. Among those surveyed in the report published Monday,...
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Participants of the climate protest march gather at the train station in Landquart, Switzerland, Sunday, Jan. 19, 2020. Around 500 activists came together to hike the 40 kilometers to Davos to protest against climate change and global warming next Tuesday. (Walter Bieri/Keystone via AP)
January 20, 2020 - 7:53 am
DAVOS, Switzerland (AP) — Hundreds of disgruntled protesters against the elite World Economic Forum are marching through the Alpine snows toward its annual gathering in Davos, as officials on Monday detailed extra security measures like vehicle checks and webcam shutdowns with U.S. President Donald...
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Pedestrian stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo, Monday, Jan. 20, 2020. Asian shares are trading mostly higher as investors await central bank decisions later in the week and upcoming earnings reports. Shares rose Monday in Tokyo, Sydney and Shanghai but fell in Hong Kong. (AP Photo/Eugene Hoshiko)
January 20, 2020 - 7:18 am
TOKYO (AP) — Stock markets were trading in narrow ranges Monday as investors awaited central bank decisions and earnings reports due out in coming weeks. U.S. stock markets will be closed in observance of the Martin Luther King Jr. holiday. In Europe, France's CAC 40 declined 0.2% to 6,089, while...
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