Financial crisis

FILE - In this Friday, Dec, 12, 2014 file photo Emmerson Mnangagwa, left, then Vice President of Zimbabwe chats with Zimbabwean President Robert Mugabe after the swearing in ceremony at State House in Harare. Mugabe, the former leader of Zimbabwe forced to resign in 2017 after a 37-year rule whose early promise was eroded by economic turmoil, disputed elections and human rights violations, has died. He was 95. (AP Photo/Tsvangirayi Mukwazhi, File)
September 06, 2019 - 2:56 pm
HARARE, Zimbabwe (AP) — The Latest on the death of former Zimbabwe leader Robert Mugabe (all times local): 8:35 p.m. Current and former leaders of Ghana have lauded Zimbabwe ex-president Robert Mugabe following his death in Singapore. Former Ghanaian President Jerry John Rawlings tweeted on Friday...
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A man walks by an electronic stock board of a securities firm in Tokyo, Friday, Sept. 6, 2019. Asian shares rose Friday as investors cheered plans for more trade negotiations between Washington and Beijing and drew encouragement from positive data about the U.S. economy. (AP Photo/Koji Sasahara)
September 06, 2019 - 7:57 am
TOKYO (AP) — Global shares mostly rose Friday ahead of U.S. jobs data for August, on renewed hopes for U.S.-China trade negotiations next month, and as the Chinese central bank's cut one of its interest rates. Economists have forecast that U.S. businesses and governments added 160,000 jobs last...
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FILE - This Monday, Aug. 8, 2011, file photo shows the Fannie Mae headquarters in Washington. The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, those are the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out by taxpayers at a total cost of $187 billion, Thursday, Sept. 5, 2019. (AP Photo/Manuel Balce Ceneta, File)
September 05, 2019 - 7:17 pm
WASHINGTON (AP) — The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out at a total cost to taxpayers of $187 billion. The...
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Riot police aim at protesters outside Mong Kok police station during a mod protests in Hong Kong on Wednesday, Sept. 4, 2019. Hong Kong Chief Executive Carrie Lam has announced the government will formally withdraw an extradition bill that has sparked months of demonstrations in the city, bowing to one of the protesters' demands. The bill would have allowed Hong Kong residents to be sent to mainland China for trials. It sparked massive protests that have become increasingly violent and caused the airport to shut down earlier this month. (AP Photo/Jae C. Hong)
September 04, 2019 - 8:38 pm
HONG KONG (AP) — Hong Kong leader Carrie Lam withdrew the extradition bill that sparked months of demonstrations, bowing to one of the protesters' demands in the hope of ending the increasingly violent unrest. But activists rejected Wednesday's move as insufficient and vowed not to yield until the...
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Incoming President of the European Central Bank Christine Lagarde speaks to the European Parliament's Economic and Monetary Affairs Committee in Brussels, Wednesday, Sept. 4, 2019. (AP Photo/Francisco Seco)
September 04, 2019 - 9:10 am
FRANKFURT, Germany (AP) — Christine Lagarde, the nominee to succeed Mario Draghi as head of the European Central Bank, has defended the bank's record low interest rates and extraordinary stimulus measures deployed in the wake of the Great Recession and eurozone debt crisis. Lagarde, who is leaving...
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People use the ATMs of a bank in central Athens, Monday, Aug. 26, 2017. Greece's prime minister Kyriakos Mitsotakis says the country will soon lift the last remaining restrictions imposed on bank depositors more than four years ago at the height of the country's financial crisis. (AP Photo/Thanassis Stavrakis)
September 02, 2019 - 9:25 am
ATHENS, Greece (AP) — Greece has formally ended the last remaining banking restrictions imposed four years ago during a financial crisis that saw the country nearly crash out of the eurozone. The decision announced last week took full effect Monday as limits were lifted on international business...
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Venezuela's head coach Fernando Duro, left, speaks as player Jose Vargas listens during a press conference at the Cadillac Arena, one of the venues of the FIBA Basketball World Cup, in Beijing, Friday, Aug. 30, 2019. Venezuela's basketball team hopes to send some good news to a country suffering economic sanctions and a political crisis that has forced millions to flee in recent years. (AP Photo/Mark Schiefelbein)
August 30, 2019 - 7:47 am
BEIJING (AP) — Venezuela's basketball team hopes to send some good news back to a country suffering through economic sanctions and a political crisis that has forced millions to flee in recent years. The mission starts Saturday in Beijing when Venezuela faces Poland on the opening day of the...
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French President Emmanuel Macron, center left, and President Donald Trump, center right, participate in a G-7 Working Session on the Global Economy, Foreign Policy, and Security Affairs the G-7 summit in Biarritz, France, Sunday, Aug. 25, 2019. Also pictured is German Chancellor Angela Merkel, left, Canadian Prime Minister Justin Trudeau, second from left, British Prime Minister Boris Johnson, third from left, President of the European Council Donald Tusk, center, Italian Prime Minister Giuseppe Conte, top second from right, and Japanese Prime Minister Shinzo Abe, right. (AP Photo/Andrew Harnik, Pool)
August 25, 2019 - 8:45 pm
BIARRITZ, France (AP) — The Latest on President Donald Trump at the Group of Seven summit. (all times local): 12:25 a.m. President Donald Trump will have a partner at a news conference to mark the conclusion of a gathering of world leaders. The White House says French President Emmanuel Macron will...
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U.S President Donald Trump and French President Emmanuel Macron greet each other at the G-7 summit before a dinner at the Lighthouse of Biarritz, France, Saturday, Aug. 24, 2019. (AP Photo/Andrew Harnik)
August 24, 2019 - 3:14 pm
BIARRITZ, France (AP) — Under the threatening clouds of a global economic slowdown, President Donald Trump is confronting the consequences of his preference to go it alone, with low expectations that the leaders of the richest democracies can make substantive progress on an array of issues at their...
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French President Emmanuel Macron and his wife Brigitte welcome President Donald Trump and first lady Melania Trump at the Biarritz lighthouse, southwestern France, ahead of a working dinner Saturday, Aug.24, 2019. Shadowed by the threat of global recession, a U.S. trade war with China and the possibility of one against Europe, the posturing by leaders of the G-7 rich democracies began well before they stood together for a summit photo. (AP Photo/Markus Schreiber)
August 24, 2019 - 2:18 pm
BIARRITZ, France (AP) — The Latest on President Donald Trump (all times local): 8:05 p.m. President Donald Trump is dining with world leaders attending the annual Group of Seven summit in France. The opening event of the meeting of the world's richest democracies is being held at the Biarritz...
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