Financial crisis

A man looks at an electronic stock board of a securities firm in Tokyo, Monday, May 8, 2017. Asian shares rose Monday after Emmanuel Macron, a centrist would-be reformer and supporter of the European Union, won the French presidential election. (AP Photo/Koji Sasahara)
May 07, 2017 - 10:59 pm
TOKYO (AP) — Asian shares rose Monday after Emmanuel Macron, a centrist would-be reformer and supporter of the European Union, won the French presidential election. Japan's benchmark Nikkei 225 added 1.8 percent in the morning session to 19,795.19, reflecting investor relief over the outcome. The...
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Ana Sanchez and her 8-year-old daughter Naiyari lock the gates of her school, The Dr. Isaac Gonzalez Martinez school, as part of their daily responsibilities in San Juan, Puerto Rico on Friday, May 5, 2017. The school is one of 179 closing this month amid an economic crisis, and Naiyari's second school to close within two years. (AP Photo/Danica Coto)
May 05, 2017 - 5:23 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico is closing 179 public schools in a move expected to save more than $7 million amid a deep economic crisis that has sparked an exodus to the U.S. mainland in the past decade, officials said Friday. An estimated 27,000 students will be moved elsewhere when...
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FILE - In this Jan. 24, 2008 file photo, students sit at their desks inside a classroom, at Republica del Peru middle school, in San Juan, Puerto Rico. The U.S. territory is closing 184 public schools, officials announced Friday, May 5, 2017, in a move expected to save millions of dollars amid a deep economic crisis. (AP Photo/Brennan Linsley, File)
May 05, 2017 - 12:11 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico is closing 184 public schools in a move expected to save millions of dollars amid a deep economic crisis that has sparked an exodus to the U.S. mainland in the past decade, officials said Friday. An estimated 27,000 students will be moved elsewhere when...
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FILE - In this Jan. 24, 2008 file photo, students sit at their desks inside a classroom, at Republica del Peru middle school, in San Juan, Puerto Rico. The U.S. territory is closing 184 public schools, officials announced Friday, May 5, 2017, in a move expected to save millions of dollars amid a deep economic crisis. (AP Photo/Brennan Linsley, File)
May 05, 2017 - 12:04 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico is closing 184 public schools in a move expected to save millions of dollars amid a deep economic crisis that has sparked an exodus to the U.S. mainland in the past decade, officials said Friday. An estimated 27,000 students will be moved elsewhere when...
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Children walk past election campaign posters for French centrist presidential candidate Emmanuel Macron and far-right candidate Marine Le Pen, in Osses, southwestern France, Friday May 5, 2017. France will vote on Sunday May 7 in the second round of the presidential election. (AP Photo/Bob Edme)
May 05, 2017 - 7:55 am
LONDON (AP) — The mood in financial markets appears relaxed, upbeat even, heading into Sunday's French presidential election on the belief that centrist Emmanuel Macron will prevail by some margin. It's so sanguine, in fact, that it would make a surprise victory by his rival, Marine Le Pen from the...
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Japanese Finance Minister Taro Aso, second from left shakes hands with Philippines Finance Minister, Carlos Dominguez before their meeting of the ASEAN+3 (Association of Southeast Asian Nations) meeting in Yokohama, Friday, May 5, 2017. (AP Photo/Koji Sasahara)
May 05, 2017 - 3:25 am
YOKOHAMA, Japan (AP) — Top financial leaders of the Association of Southeast Asian Nations met with their counterparts from Japan, China and South Korea on Friday to discuss ways to improve cooperation to cope with financial crises. At the gathering in Yokohama on the sidelines of the Asian...
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In this Monday, May 1, 2017 photo, Ali Raad, a taxi driver who workes for the ride-hailing app Ujra, receives a call from a customer, in Baghdad, Iraq. Tech-savvy Iraqi entrepreneurs are finding success in creating companies that use smartphone apps inspired by such foreign businesses as food ordering and ride sharing. This comes at a time when the government is looking to the private sector to create more jobs. (AP Photo/Karim Kadim)
May 05, 2017 - 2:14 am
BAGHDAD (AP) — It didn't take long for Ahmed Subhi and his friends to figure out the best project to launch amid Iraq's acute economic crisis. They just looked at their phones. Subhi became the co-founder of Baghdad's popular food ordering and delivery app called Wajbety, or My Meal. "When we were...
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House Financial Services Committee member Rep. Randy Hultgren, R-Ill. speaks on Capitol Hill in Washington, Tuesday, May 2, 2017, during the committee's hearing on overhauling the nation's financial rules. (AP Photo/Manuel Balce Ceneta)
May 03, 2017 - 10:34 am
WASHINGTON (AP) — House Republicans on Wednesday blocked Democratic efforts to preserve the independence of a consumer watchdog created after the 2008 economic meltdown as the GOP pressed ahead with an overhaul of the nation's financial regulatory law. On the second day of a contentious, marathon...
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People carry a large Puerto Rican flag as they protest looming austerity measures amid an economic crisis and demand an audit on the island's debt to identify those responsible, in San Juan, Puerto Rico, Monday, May 1, 2017. Puerto Rico is preparing to cut public employee benefits, increase tax revenue, hike water rates and privatize government operations, among other things. (AP Photo/Danica Coto)
May 02, 2017 - 9:57 am
SAN JUAN, Puerto Rico (AP) — Bondholders filed to sue Puerto Rico on Tuesday in the first legal challenges to hit the U.S. territory after a freeze on litigation that protected it from lawsuits expired amid a deep economic crisis. A group representing those who bought a portion of the $16 billion...
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May 02, 2017 - 9:00 am
SAN JUAN, Puerto Rico (AP) — Bondholders filed to sue Puerto Rico on Tuesday in the first legal challenge that hit the U.S. territory after a freeze on litigation that protected it from lawsuits expired amid a deep economic crisis. A group representing those who bought a portion of the $16 billion...
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