Financial crisis

U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu shake hands at the Israel Museum, in Jerusalem, Tuesday, May 23, 2017. (AP Photo/Sebastian Scheiner)
May 24, 2017 - 3:20 pm
WASHINGTON (AP) — As President Donald Trump tells it, Iran would be a collapsed state by now if only the Obama administration had refused the deal that eased economic sanctions in return for a freeze on Iranian nuclear development. An AP Fact Check, however, suggests this scenario is not realistic...
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May 22, 2017 - 3:53 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico is seeking help from federal court to restructure the debt of the U.S. territory's public pension system, which is projected to run out of money this year. A federal control board overseeing the island's finances said Monday that the move was taken in part...
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May 09, 2017 - 12:43 pm
WASHINGTON (AP) — A federal appeals court has upheld as lawful the government's bailout of American International Group in the heat of the financial crisis. It overturned a lower-court decision favoring the insurance giant's former CEO. The ruling Tuesday by the U.S. Court of Appeals for the...
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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 08, 2017 - 5:04 am
TOKYO (AP) — Global shares were mixed Monday after Emmanuel Macron, a centrist would-be reformer and supporter of the European Union, triumphed over far-right leader Marine Le Pen in the French presidential election. France's CAC 40 slipped 0.6 percent to 5,399.44 in early trading, following the...
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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 08, 2017 - 12:54 am
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 2.3 percent to 19,885.73, reflecting investor relief over the outcome. The euro, shared by France...
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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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