Financial crisis

A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Aug. 10, 2018. Shares were lower in Asia on Friday, tracking losses on Wall Street, despite the release of data showing Japan’s economy resumed its longtime expansion in the last quarter. (AP Photo/Eugene Hoshiko)
August 10, 2018 - 7:36 am
BANGKOK (AP) — World stock markets fell Friday, particularly in Europe, as investors worried about the financial stability of Turkey, where the currency has nosedived. KEEPING SCORE: Germany's DAX fell 1.7 percent to 12,466 and the CAC 40 in France fell 1.2 percent to 5,436. Britain's FTSE 100 sank...
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Various currencies are displayed without the going rate on a money exchange shop window in downtown Tehran, Iran, Tuesday, Aug. 7, 2018. Money exchange shops across Iran cautiously reopened on Tuesday after being shut for five months amid economic turmoil fanned by America's withdraw from the nuclear deal. (AP Photo/Ebrahim Noroozi)
August 08, 2018 - 7:22 am
TEHRAN, Iran (AP) — Iranian lawmakers Wednesday voted to sack President Hassan Rouhani's labor minister, a victory for hard-liners opposed to the relative moderate amid a worsening economic crisis. Parliament speaker Ali Larijani said 129 of 243 lawmakers present voted to oust Labor Minister Ali...
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A supporter Venezuela's President Nicolas Maduro holds up an image of him outside Miraflores presidential palace during a rally in Caracas, Venezuela, Monday, Aug. 6, 2018. Investigators are hunting for assailants behind a failed attempt to assassinate Maduro with explosives-laden drones, according to the government. (AP Photo/Ariana Cubillos)
August 06, 2018 - 5:58 pm
CARACAS, Venezuela (AP) — Pro-government factions mobilized thousands of Venezuelans dressed in red — the color of the ruling socialist party — onto the streets of the capital on Monday in a bid to show the country remains united around President Nicolas Maduro after what the government described...
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Press members wait as they try to get access to an apartment complex where an allegedly armed drone crashed, causing a fire, in Caracas, Venezuela, Sunday, Aug. 5, 2018. Venezuelan President Nicolas Maduro dodged an apparent assassination attempt the previous day when drones armed with explosives detonated while he was delivering a speech to hundreds of soldiers being broadcast live on television, according to officials. (AP Photo/Ariana Cubillos)
August 05, 2018 - 9:35 pm
CARACAS, Venezuela (AP) — Authorities detained six people suspected of using explosives-laden drones in a failed bid to assassinate Venezuelan President Nicolas Maduro, officials said Sunday, in what one witness described as a terrifying attack that shook her apartment building. The government...
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FILE - In this July 20, 2017 file photo, devalued Bolivar bank notes and coins, taped together, serve as makeshift rope at a roadblock set up by anti-government protesters in Caracas, Venezuela. The Venezuelan government presented to the Constitutional Assembly on Thursday, August 2, 2018, a decree that would make all operations at foreign exchange houses legal again. (AP Photo/Ariana Cubillos, File)
August 02, 2018 - 6:43 pm
CARACAS, Venezuela (AP) — Venezuela's socialist government on Thursday relaxed strict controls that for years have limited currency exchanges, choking an economy that's in a historic freefall. The ruling party's National Constitutional Assembly voted to legalize certain transactions in currency...
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Bank of England Governor, Mark Carney, speaks during a media conference to present the central bank's quarterly Inflation Report, in London, Thursday Aug. 2, 2018. The Bank of England raised its main interest rate for only the second time since the 2008 financial crisis, from 0.50 percent to 0.75 percent, as it weighed conflicting signs about the economy and growing concerns about Brexit.(Daniel Leal-Olivas/Pool via AP)
August 02, 2018 - 11:06 am
LONDON (AP) — The Bank of England raised its main interest rate Thursday for only the second time since the 2008 financial crisis as it weighed conflicting signs about the economy and growing concerns about Brexit. The bank's nine-member Monetary Policy Committee voted unanimously to raise the rate...
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People walk past an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, Aug. 2, 2018. Share benchmarks in Asia are sliding, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports. (AP Photo/Kin Cheung)
August 02, 2018 - 7:50 am
BANGKOK (AP) — World stocks were falling again Thursday on reports that the Trump administration is considering a higher tax rate on Chinese imports, increasing the stakes in the economic powers' trade war. KEEPING SCORE: The DAX index in export-reliant Germany tumbled 1.6 percent to 12,534 and the...
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In this photo provided by Egypt's state news agency MENA, Egyptian President Abdel-Fattah el-Sissi speaks during a youth conference in Cairo, Egypt, Sunday, July 29, 2018. El-Sissi said he is “upset” over recent online postings calling on him to step down over the country’s troubled economy. El-Sissi zealously defended his economic policies on Sunday, saying he was left with no choice but to embrace painful austerity measures to revive an economy mauled by years of political turmoil and violence. (MENA via AP)
July 29, 2018 - 2:31 pm
CAIRO (AP) — Egypt's president zealously defended his economic policies on Sunday, saying he was left with no choice but to embrace painful austerity measures to revive an economy mauled by years of political turmoil and violence. Abdel-Fattah el-Sissi was speaking at a youth conference a day after...
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Former Zimbabwean President Robert Mugabe holds a press briefing at his residence in Harare, Sunday, July 29, 2018, on the eve of the country's elections. Zimbabwe votes Monday in an election that could, if deemed credible, tilt the country toward recovery after years of economic collapse and repression under Mugabe. (AP Photo/Tsvangirayi Mukwazhi)
July 29, 2018 - 8:39 am
HARARE, Zimbabwe (AP) — Zimbabwe votes Monday in an election that could, if deemed credible, tilt the country toward recovery after years of economic collapse and repression under former leader Robert Mugabe. If it is flawed and disputed, as some predict, the southern African nation could slide...
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In this July 26, 2018, photo, President Donald Trump acknowledges the audience after speaking at the United States Steel Granite City Works plant in Granite City, Ill. Trump's trade policies are turning long-established Republican orthodoxy on its head. There are tariff fights, and there’s now $12 billion in farm aid that represents the type of government intervention GOP voters railed against a decade ago. (AP Photo/Jeff Roberson)
July 28, 2018 - 6:18 am
WASHINGTON (AP) — President Donald Trump's trade policies are turning long-established Republican orthodoxy on its head, marked by tariff fights and now $12 billion in farm aid that represents the type of government intervention GOP voters railed against a decade ago. President George W. Bush...
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