Financial crisis

Supporter wave Greek flags as Greek opposition New Democracy party leader Kyriakos Mitsotakis, center, speaks during his main election campaign rally in Athens, in front of the ancient Acropolis hill, on Thursday, July 4, 2019. Greeks head to the polls in early general elections on Sunday, July 7. (AP Photo/Thanassis Stavrakis)
July 05, 2019 - 4:43 am
ATHENS, Greece (AP) — Greek voters appear set to defy a surge of support populist parties across Europe in a general election Sunday, with the pro-EU center-right opposition firmly in the lead. Left-wing Prime Minister Alexis Tsipras called the snap poll after being trounced in May's European...
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In this Friday, June 21, 2019 photo, Greek opposition New Democracy party leader Kyriakos Mitsotakis waves to his supporters after the presentation of his platform in Athens. Mitsotakis is maintaining an intense campaign timetable despite a strong lead in opinion polls ahead of a general election on Sunday July 7, 2019. (AP Photo/Thanassis Stavrakis)
July 04, 2019 - 7:18 am
LAVRIO, Greece (AP) — On an exhaustive tour of Greece's blue collar towns and city suburbs, Kyriakos Mitsotakis has a spring in his step — no wonder, he's the overwhelming favorite to become the country's next prime minister as the unlikely heir of a powerful political family. Arriving at Lavrio,...
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FILE - In this May 2, 2019, file photo Mark Carney the Governor of the Bank of England speaks during an Inflation Report Press Conference at the Bank of England in the City of London. The Bank of England is open to the idea of letting new payment services such as Facebook's upcoming Libra hold funds with the central bank, Carney said Thursday, June 20. (AP Photo/Matt Dunham, Pool, File)
July 03, 2019 - 7:14 am
LONDON (AP) — The British economy appears to be showing signs of falling into recession as uncertainty over Brexit combines with a less benign global backdrop. A closely watched survey of business activity in the U.K. showed Wednesday that the economy contracted in June at its steepest rate since...
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FILE - In this Sunday, Dec. 18, 2016 file photo, Dubai Parks & Resorts celebrates it's opening ceremony with fireworks in Dubai, United Arab Emirates. The Dubai firm DXB Entertainments said Tuesday July 3, 2019, it will pay $7.5 million to Six Flags after abandoning plans to build a version of the U.S. amusement park in the emirates amid a slowdown in the economy. (AP Photo/Kamran Jebreili, File)
July 03, 2019 - 6:04 am
DUBAI, United Arab Emirates (AP) — A Dubai firm said Tuesday it will pay $7.5 million to Six Flags after abandoning plans to build a version of the U.S. amusement park in the United Arab Emirates amid a slowdown in the economy. DXB Entertainments, which runs Dubai Parks & Resorts, said it...
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Khalid Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia arrives for a meeting of the Organization of the Petroleum Exporting Countries, OPEC, and non OPEC members at their headquarters in Vienna, Austria, Monday, July 1, 2019. (AP Photo/Ronald Zak)
July 01, 2019 - 1:06 pm
VIENNA (AP) — OPEC looked set to extend its current deal to cut production for nine months as the oil cartel faces a weakening outlook for demand because of waning global growth. Member country representatives were meeting Monday at the Organization of the Petroleum Exporting Countries'...
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A worker carries scaffolding as he walks to a job in Havana, Cuba, Thursday, June 27, 2019. Cuban President Miguel Díaz-Canel says the country's governing council has approved economic measures including a rise in state salaries, long seen as a first step toward ending the country's dual-currency system which is expected to create a chain reaction that includes higher inflation. (AP Photo/Ismael Francisco)
June 27, 2019 - 8:34 pm
HAVANA (AP) — The Cuban government said Thursday that it is raising state salaries as part of a broader package of economic reforms, but it revealed no details of its larger plan beyond increasing worker compensation. A salary increase has long been seen as one of the first steps in the unification...
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FILE - In this May 2, 2019, file photo Mark Carney the Governor of the Bank of England speaks during an Inflation Report Press Conference at the Bank of England in the City of London. The Bank of England is open to the idea of letting new payment services such as Facebook's upcoming Libra hold funds with the central bank, Carney said Thursday, June 20. (AP Photo/Matt Dunham, Pool, File)
June 26, 2019 - 9:47 am
LONDON (AP) — The governor of the Bank of England gave his biggest hint yet that he'd back a stimulus package for the British economy if the country crashes out of the European Union at the end of October with no deal. In testimony to lawmakers on Wednesday, Mark Carney said the response from the...
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June 21, 2019 - 4:37 pm
NEW YORK (AP) — The Federal Reserve is saying that 18 of the nation's largest and most complex banks passed its stress tests and are strong enough to withstand a severe economic downturn. The banks have benefited from an improving economy and have balance sheets strong enough to withstand a deep...
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FILE - In this Jan. 9, 2019 file photo, Venezuela's President Nicolas Maduro holds a press conference with foreign media at Miraflores presidential palace in Caracas, Venezuela. A member of Venezuela's opposition said Friday, June 7, that a mediation effort by Norway is stalling over Maduro's refusal to accept presidential elections to resolve the nation's political crisis. (AP Photo/Boris Vergara, File)
June 07, 2019 - 6:33 pm
CARACAS, Venezuela (AP) — Venezuelan leader Juan Guaidó said Friday that the opposition's demand for presidential elections is not negotiable, slowing mediation efforts by Norway aimed at resolving Venezuela's political crisis. "A new meeting isn't planned at the moment, we can get what we've...
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The bull and bear in front of the stock market are painted all green in Frankfurt, Germany, Monday, June 3, 2019. They were painted on occasion of the upcoming "Green Sauce" week when Frankfurt celebrates its most popular dish. (AP Photo/Michael Probst)
June 06, 2019 - 11:17 am
FRANKFURT, Germany (AP) — The European Central Bank is weighing what to do about growth worries and sluggish inflation, just two days after the U.S. Federal Reserve opened the door to more stimulus. Speculation has grown that the bank could act to boost the economy against a background of sagging...
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