Financial crisis

FILE - In this Oct. 19, 2019, file photo, members of the International Monetary and Financial Committee (IMFC) meet at the World Bank/IMF Annual Meetings in Washington. The World Bank said in an updated economic outlook released Wednesday, Jan. 8, 2020, that the global economy should see a modest rebound in growth this year. But the 189-nation lending institution is cautioning that a number risks could upend its forecast, including the possibility of renewed trade hostilities between the world's two biggest economies, the United States and China. (AP Photo/Jose Luis Magana, File)
January 08, 2020 - 2:29 pm
WASHINGTON (AP) — The World Bank says the global economy should see a modest rebound in growth this year. But the 189-nation lending institution is cautioning that a number risks could upend its forecast, including the possibility of renewed trade hostilities between the world's two biggest...
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FILE - In this March 27, 2019, file photo people work on the Boeing 737 MAX 8 assembly line during a brief media tour in Boeing's 737 assembly facility in Renton, Wash. On Friday, Jan 3, 2020, the Institute for Supply Management, an association of purchasing managers, reports on activity by U.S. manufacturers in December. (AP Photo/Ted S. Warren, File)
January 03, 2020 - 7:49 am
WASHINGTON (AP) — U.S. manufacturing activity fell to the lowest level in more than a decade, as the sector was hurt by weakening demand and last year's global economic slowdown. The Institute for Supply Management, an association of purchasing managers, said Friday that its manufacturing index...
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FILE - In this April 17, 2019 file photo, Brazil's President Jair Bolsonaro puts his hand over his heart as Army Commander Edson Leal Pujol salutes during the playing of the national anthem during a ceremony under the pouring rain to mark Army Day in Brasilia, Brazil. Heading into his second year as president, Bolsonaro has held firm to his combative culture-warrior policies while feuding with critics at home and abroad. (AP Photo/Eraldo Peres, File)
December 31, 2019 - 5:30 am
SAO PAULO (AP) — Heading into his second year as Brazil's president, Jair Bolsonaro has held firm to his combative culture-warrior policies while feuding with critics at home and abroad — an approach that has thrilled supporters but eroded his efforts to win allies and lift the world's 9th-largest...
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December 27, 2019 - 12:25 pm
Greece says it has signed an agreement with U.S. defense contractor Lockheed Martin that will allow a major upgrade of its F-16 fighter jet fleet over the next seven years as the country emerges from a financial crisis and faces renewed tension with neighbor and fellow NATO member Turkey. The...
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FILE - In this Nov. 14, 2019, file photo a pair of specialists work on the floor of the New York Stock Exchange. Investments around the world were all winners in 2019 as central banks unleashed more stimulus to bolster the global economy against the damage created by President Donald Trump’s trade war. (AP Photo/Richard Drew, File)
December 26, 2019 - 1:23 pm
NEW YORK (AP) — On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year's fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be "patient" with its...
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Young dancers perform on stage during a rehearsal of Vladimir Issaev's rendition of The Nutcracker ballet on Friday, Dec. 13, 2019, in Fort Lauderdale, Fla. More than 20 dancers of Venezuelan origin were playing various roles on a recent performance of the holiday favorite “The Nutcracker.” Some of these dancers are here seeking asylum after fleeing their crisis-torn nation, which is plagued by shortages of food and medicine. (AP Photo/Brynn Anderson)
December 25, 2019 - 7:44 am
MIAMI (AP) — Lusian Hernandez’s eyes watered when she recalled receiving a free pair of pointe shoes after arriving in Miami on a dance scholarship as her native Venezuela descended into an economic crisis. On a recent night, Hernandez appeared on a South Florida stage in a burgundy gown for the...
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In this Sunday, Dec. 22, 2019, photo, volunteer Ibtisam Nablussi tosses a Christmas present, as anti-government protesters distribute clothing to the needy ahead of Christmas, at Martyrs Square in Beirut, Lebanon. Lebanon is entering its third month of protests, the economic pinch is hurting everyone, and the government is paralyzed. So people are resorting to what they've done in previous crises: They rely on each other, not the state. (AP Photo/Maya Alleruzzo)
December 24, 2019 - 10:18 pm
BEIRUT (AP) — Panic set in on a WhatsApp group used to organize Lebanese protests when one member said he intended to kill himself because he can’t provide for his kids. The desperate call came on the heels of the suicide of a father of two that had stunned the public and raised alarm over how dire...
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Democratic presidential candidate South Bend Mayor Pete Buttigieg speaks during a Democratic presidential primary debate Thursday, Dec. 19, 2019, in Los Angeles. (AP Photo/Chris Carlson)
December 21, 2019 - 10:01 am
WASHINGTON (AP) — The financial sector, blamed by progressives for spawning the 2008 economic collapse, is lining up behind Pete Buttigieg’s presidential campaign. The mayor of South Bend, Indiana, has collected more campaign cash from donors and political action committees tied to the financial,...
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Supporters of Lebanon's former Prime Minister Saad Hariri burn tires as they clash with security forces and close a road in Beirut, Lebanon, Friday, Dec. 20, 2019. (AP Photo/Maya Alleruzzo)
December 20, 2019 - 3:04 pm
BEIRUT (AP) — Lebanon's newly designated prime minister said Friday he plans to form a government of experts and independents to deal with the country's crippling economic crisis. Hours after he spoke, riots by his opponents broke out in Beirut, leaving at least seven soldiers injured. Hassan Diab...
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FILE - In this Monday Feb. 25, 2019 file photo, Chief Executive of the Financial Conduct Authority Andrew Bailey speaks at a press conference at the Bank of England in London. The British government has named Andrew Bailey, head of the U.K.’s finance watchdog, as the next governor of the Bank of England, and will replace current governor Mark Carney on March 16, 2019. (Kirsty O'Connor/Pool via AP, File)
December 20, 2019 - 2:53 am
LONDON (AP) — Andrew Bailey, head of Britain’s financial watchdog, will be the next governor of the Bank of England, where his top challenge will be navigating any choppy waters during the country's departure from the European Union. Treasury chief Sajid Javid, who announced the appointment Friday...
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