Financial crisis

China's President Xi Jinping inspects the guard of honor by Evzones, the Greek Presidential guards, with his Greek counterpart Prokopis Pavlopoulos, outside the Presidential palace in Athens, Monday, Nov. 11, 2019. Xi Jinping is in Greece on a two-day official visit. (AP Photos/Thanassis Stavrakis)
November 11, 2019 - 6:23 am
ATHENS, Greece (AP) — China and Greece signed 16 bilateral agreements on Monday outlining cooperation in a broad range of sectors during a visit by Chinese President Xi Jinping aimed at furthering a major global investment initiative inside the European Union. China's state-owned shipping giant...
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A supporter of Lebanese Prime Minister Saad Hariri burns garbage containers to block a main road, in Beirut, Lebanon, Tuesday, Oct. 29, 2019. Hariri resigned Tuesday, bowing to one of the central demands of anti-government demonstrators shortly after baton-wielding Hezbollah supporters rampaged through the main protest camp in Beirut, torching tents, smashing plastic chairs and chasing away protesters. (AP Photo/Bilal Hussein)
October 29, 2019 - 4:24 pm
BEIRUT (AP) — Lebanon's prime minister resigned Tuesday, bowing to one of the central demands of anti-government demonstrators shortly after baton-wielding Hezbollah supporters rampaged through the main protest camp in Beirut, torching tents, smashing plastic chairs and chasing away protesters. The...
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Peronist presidential candidate Alberto Fernández waves to supporters in front of a large image of his running mate, former President Cristina Fernández, after incumbent President Mauricio Macri conceded defeat at the end of election day in Buenos Aires, Argentina, Sunday, Oct. 27, 2019. (AP Photo/Daniel Jayo)
October 28, 2019 - 6:42 am
BUENOS AIRES, Argentina (AP) — Argentina's Peronists on Monday celebrated their return to power after conservative incumbent President Mauricio Macri conceded defeat in a dramatic election that swung the country back to the center-left, saw the return of a divisive former president and threatened...
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Supporters of center-left Peronist presidential candidate Alberto Fernández and running mate, former President Cristina Fernández, celebrate as they wait for election results outside their party's election headquarters in Buenos Aires, Argentina, Sunday, Oct. 27, 2019. Argentina faces a potentially sharp political shift on Sunday with center-left Peronist candidate Alberto Fernández favored to win an election dominated by frustration over an economic crisis that has eroded support for conservative incumbent Mauricio Macri. (AP Photo/Natacha Pisarenko)
October 27, 2019 - 10:55 pm
BUENOS AIRES, Argentina (AP) — Conservative President Mauricio Macri conceded defeat in Argentina's election Sunday night, paving the way for the country's Peronist center-left to return to power under Alberto Fernández as frustrated voters rejected the incumbent's handling of a bruising economic...
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President Mauricio Macri, who was running for reelection, concedes the election next to his running mate Miguel Angel Pichetto as they stand before supporters in Buenos Aires, Argentina, Sunday, Oct. 27, 2019. (AP Photo/Gustavo Garello)
October 27, 2019 - 6:34 pm
BUENOS AIRES, Argentina (AP) — The Latest on Argentina's elections (all times local): 10:30 p.m. Incumbent President Mauricio Macri is conceding defeat in Argentina's presidential election to Peronist candidate Alberto Fernández. The conservative Macri congratulated Fernández at his campaign...
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This Sept. 18, 2019, photo shows the view of the U.S. Capitol building from the Washington Monument in Washington. The federal deficit for the 2019 budget year is expected to have soared to near $1 trillion, up more than $200 billion from last year and the largest such gap in seven years. (AP Photo/Patrick Semansky)
October 25, 2019 - 2:25 pm
WASHINGTON (AP) — The Trump administration reported a river of red ink Friday. The federal deficit for the 2019 budget year surged 26% from 2018 to $984.4 billion — its highest point in seven years. The gap is widely expected to top $1 trillion in the current budget year and likely remain there for...
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October 25, 2019 - 10:36 am
ALBANY, N.Y. (AP) — Smaller bonuses last year contributed to a 5.6% drop in average Wall Street salaries, according to a report released Friday by New York state's comptroller. The average 2018 salary, including bonuses, for New York City's securities industry employees was $398,600. That was down...
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Argentine President Mauricio Macri, who is running for reelection with the "Juntos Por el Cambio" party, gets a kiss from his wife Juliana Awada during his campaign rally in Cordoba, Argentina, Thursday, Oct. 24, 2019. Argentina will hold its presidential election on Oct. 27. (AP Photo/Nicolas Aguilera)
October 25, 2019 - 8:16 am
BUENOS AIRES, Argentina (AP) — Frustration over a bruising economic crisis and rising poverty has eroded support for Argentina's pro-business incumbent ahead of Sunday's presidential election and boosted a populist challenger whose victory would mark a tilt to the center-left in a region rocked by...
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Anti-government protesters stand under their umbrellas wave Lebanese flags and shout slogans during a protest, in downtown Beirut, Lebanon, Thursday, Oct. 24, 2019. Lebanon's president pleaded Thursday with tens of thousands of protesters who have blocked main roads and paralyzed the nation for days, urging them to back economic reforms proposed by the prime minister as the "first step" toward saving the country from economic collapse. (AP Photo/Hussein Malla)
October 25, 2019 - 7:02 am
BEIRUT (AP) — The Latest on anti-government protests in Lebanon (all times local): 5:05 p.m. Lebanon's Hezbollah leader says nationwide protests against the country's political class are being exploited by the politicians and are no longer popular or spontaneous. Hassan Nasrallah says Friday that...
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Cars pass by near the skyline with the buildings of the banking district in Frankfurt, Germany, Tuesday, Oct. 22, 2019. (AP Photo/Michael Probst)
October 25, 2019 - 2:18 am
BERLIN (AP) — German consumers are growing more pessimistic amid concerns about the global economic downturn, trade conflicts and Brexit, a survey showed Friday, while a second study indicated the country's businesses are less happy with their current situation but have greater hope for the coming...
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