Financial crisis

FILE - In this March 31, 2008 file photo, Argentina's President Cristina Fernandez, left, talks to her Chief of Cabinet, Alberto Fernandez, during a meeting at the presidential palace in Buenos Aires. Cristina Fernandez announced on Saturday her candidacy for vice president in October's general elections on Saturday, May 18, 2019, and that Alberto Fernández will run for the presidency against conservative President Mauricio Macri. (AP Photo/Natacha Pisarenko, File)
May 18, 2019 - 3:17 pm
BUENOS AIRES, Argentina (AP) — Argentina's former President Cristina Fernández announced on Saturday her candidacy for vice president in October's general elections, a surprising move that now puts a more moderate challenger at the helm of the presidential ticket. In a video posted on Twitter on...
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In this May 12, 2019 photo, tourists snorkel in the Caribbean, off a beach in Varadero, Cuba. As most of Cuba’s economy stagnates or declines, the country has launched a full-scale effort to turn virtually the only bright spot, tourism, into an engine that can drag the rest of the communist island through its worst economic crisis in two decades. (AP Photo/Ismael Francisco)
May 17, 2019 - 2:00 pm
VARADERO, Cuba (AP) — The battle for Cuba's economic future is being waged on its beaches. And at its all-inclusive resorts, dive sites and cobblestoned colonial plazas. As most of Cuba's economy stagnates or declines, the country has launched a full-scale effort to turn virtually the only bright...
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A currency trader watches the computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 15, 2019. Asian stocks followed Wall Street higher on Wednesday after President Donald Trump downplayed his escalating tariff war with Beijing and said a settlement is possible.(AP Photo/Lee Jin-man)
May 15, 2019 - 7:55 am
BEIJING (AP) — Stock markets mostly turned lower in European trading Wednesday over the trade dispute between the U.S. and China, even though President Donald Trump said a settlement was still possible. London's FTSE 100 slipped 0.1% to 7,235 while France's CAC 40 shed 0.4% to 5,321. Despite a...
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In this Feb. 24, 2017, photo, a factory worker assembles the case of an air conditioner on an assembly line at a Haier factory in Jiaozhou near Qingdao in eastern China's Shandong Province. U.S. President Donald Trump's latest tariff hike on Chinese goods took effect Friday, May 10, 2019, and Beijing said it would retaliate, escalating a battle over China's technology ambitions and other trade tensions. (AP Photo/Mark Schiefelbein)
May 11, 2019 - 2:06 am
WASHINGTON (AP) — The U.S. and China have gone through rough patches before. The American public recoiled — and the U.S. government imposed sanctions — after the People's Liberation Army slaughtered hundreds of civilians in the streets of Beijing in June 1989, crushing the Tiananmen Square protests...
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FILE - In this Oct. 9, 2009 file photo, an employee works in a government food store with empty shelves in Havana, Cuba. The Cuban government said, Friday, May 10, 2019, that it will begin rationing chicken, eggs, rice, beans, soap and other basic products in the face of a grave economic crisis. (AP Photo/Javier Galeano, File)
May 10, 2019 - 10:41 pm
HAVANA (AP) — The Cuban government announced Friday that it is launching widespread rationing of chicken, eggs, rice, beans, soap and other basic products in the face of a grave economic crisis. Commerce Minister Betsy Díaz Velázquez told the state-run Cuban News Agency that various forms of...
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Chinese shopper walk by shelves displaying Chinese-made flatscreen TV's at Walmart in Beijing, Thursday, May 9, 2019. Chinese exporters of all sorts of products, from power adapters and computers to vacuum cleaners, are anxiously hoping trade talks in Washington this week will yield a deal that might stave off higher U.S. tariffs on imports from China. (AP Photo/Andy Wong)
May 09, 2019 - 10:32 pm
BEIJING (AP) — Chinese exporters of all sorts of products, from power adapters and computers to vacuum cleaners, are anxiously hoping trade talks in Washington this week will yield a deal that might stave off higher U.S. tariffs on imports from China. Companies across China are bracing for a tariff...
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FILE - In this May 1, 2019, file photo Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. Powell says the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility. (AP Photo/Patrick Semansky, File)
May 09, 2019 - 12:28 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Thursday the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility. In a speech at a Fed research conference, Powell said that incomes have grown more slowly for middle-class...
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May 09, 2019 - 12:26 pm
SAN JUAN, Puerto Rico (AP) — A federal control board that oversees Puerto Rico's finances voted on Thursday to extend its power and bring all of the U.S. territory's 78 municipalities under its supervision for the first time. The board announced that it also will require fiscal plans and budgets...
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In this photo released by Miraflores Press Office, Venezuela's President Nicolas Maduro, center left, poses for a photo with troops at Fort Tiuna, in Caracas, Venezuela, Thursday, May 2, 2019. Flanked by commanders, Maduro said Thursday that the military must be prepared to combat "traitors", two days after opposition leader Juan Guaidó called for the military to turn against Maduro. (Jhonn Zerpa/Miraflores Press Office via AP)
May 02, 2019 - 12:01 pm
CARACAS, Venezuela (AP) — The latest on the political crisis in Venezuela (all times local): 10:55 a.m. U.S. President Donald Trump says the "brutal repression" of the Venezuelan people must end, and it must end soon. He says the Venezuelan people are starving and have no water. "We wish them well...
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A cargo ship is seen on the river Main with the bank buildings in background in Frankfurt, Germany, late Wednesday, April 17, 2019. (AP Photo/Michael Probst)
April 30, 2019 - 7:37 am
LONDON (AP) — The recent slowdown in the eurozone economy, which had stoked fears that another recession was around the corner, appears to have come to an end. Official figures released Tuesday show that the 19-country single currency bloc saw economic growth double in the first quarter of the year...
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