Recessions and depressions

A currency trader talks on the phone at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Nov. 14, 2019. Asian stock markets were mixed Thursday amid doubts about the status of a U.S.-Chinese trade deal after the U.S. Federal Reserve’s chairman said it is likely to leave its benchmark interest rate unchanged. (AP Photo/Ahn Young-joon)
November 14, 2019 - 4:58 am
BEIJING (AP) — Global stock markets slipped Thursday amid doubts about a U.S.-Chinese trade deal and after the U.S. Federal Reserve chairman said it is likely to leave its benchmark interest rate unchanged. London and Frankfurt were trading lower after Tokyo and Hong Kong closed down for the day...
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File - In this Thursday, May 16, 2019, file photo, cars for export and import are stored in front of containers at the port in Bremerhaven, Germany. The German economy returned to modest growth in the July-September 2019 period, averting a widely-feared recession. The Federal Statistical Office said Thursday gross domestic product grew 0.1% compared with the previous quarter. (AP Photo/Martin Meissner)
November 14, 2019 - 1:02 am
BERLIN (AP) — Germany’s economy, Europe’s largest, avoided entering a widely-anticipated recession in the third quarter as strong domestic spending helped spark modest growth, the Federal Statistical Office reported Thursday. The Wiesbaden-based agency said the economy grew 0.1% in the July-...
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November 11, 2019 - 1:49 am
LONDON (AP) — Official figures show that the British economy avoided falling into recession in the third quarter of the year. The Office for National Statistics said Monday that the economy grew by a quarterly rate of 0.3%. That was in line with market expectations. Following the 0.2% contraction...
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FILE - In this Oct. 29, 2019, file photo specialist Gregg Maloney, left, and trader John Panin work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Nov 8. (AP Photo/Richard Drew, File)
November 08, 2019 - 11:17 am
NEW YORK (AP) — Stocks wobbled between small gains and losses Friday amid conflicting signals about how much progress is being made toward resolving the U.S.-China trade war. Despite the confusion, the S&P 500 was still poised for a fifth straight week of gains, which would match its longest...
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November 08, 2019 - 4:17 am
FRANKFURT, Germany (AP) — German exports rose unexpectedly in September, official figures showed Friday, fueling speculation that Europe's biggest economy may avoid sliding into a shallow recession despite headwinds from the U.S.-China trade dispute and Brexit. Germany's statistics agency Destatis...
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Visitors walk into the Museum of Art ahead of the announcement by Google Arts & Culture that it digitized more than 350 artworks in San Juan, Puerto Rico, Thursday, Nov. 7, 2019. (AP Photo/Dánica Coto)
November 07, 2019 - 5:22 pm
SAN JUAN, Puerto Rico (AP) — The 1953 painting by Rafael Tufiño Figueroa features his mother with a red scarf on her head, a determined look on her face and heavy expression lines, a depiction of a working-class woman that broke from conventional portraits of the time that focused largely on...
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German Chancellor Angela Merkel arrives for the weekly cabinet meeting of the German government at the chancellery in Berlin, Germany, Wednesday, Nov. 6, 2019. (AP Photo/Markus Schreiber)
November 06, 2019 - 2:33 am
BERLIN (AP) — The German government's independent panel of economic advisers on Wednesday cut its 2020 growth forecast for Europe's biggest economy to below 1%, but said it sees no sign of a "broad, deep recession." In a report handed to Chancellor Angela Merkel, the five-member panel forecast...
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In this Oct. 30, 2019, photo, a salesman waits for customers at a cosmetic shop in a shopping district in Hong Kong. Business has plunged in Hong Kong’s shopping districts after more than four months of protests. The government announced Thursday, Oct. 31, that the city is in a technical recession after it contracted for a second straight quarter.(AP Photo/Vincent Yu)
October 31, 2019 - 6:09 pm
HONG KONG (AP) — Steps from Hong Kong's main tourist strip, Ashfaqur Rahman's tailor shop usually is a mainstay for tourists dropping in to peruse neatly stacked rolls of fabric and get measured for custom-made suits. Not anymore. Business has dried up since anti-government protests began in early...
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FILE - In this Nov. 27, 2018, file photo a banner depicting the Chevrolet Cruze model vehicle is displayed at the General Motors' Lordstown plant in Lordstown, Ohio. An economic renaissance in the industrial Midwest promised by President Donald Trump has suffered in recent weeks in ways that could be problematic for Trump's 2020 re-election. (AP Photo/John Minchillo, File)
October 30, 2019 - 12:38 am
TOLEDO, Ohio (AP) — President Donald Trump once promised that coal and steel would be the beating heart of a revived U.S. economy — a nostalgic vision that helped carry him to victory three years ago in the industrial Midwest. But a year away from Election Day, that promised renaissance is not...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Oct. 29, 2019. Shares were mixed in Asia and Chinese benchmarks fell Tuesday after the S&P 500 index closed at an all-time high. (AP Photo/Ahn Young-joon)
October 29, 2019 - 5:02 am
BANGKOK (AP) — Shares in Europe turned lower on Tuesday after a mixed session in Asia, where Chinese benchmarks declined after Hong Kong's leader warned political protests may push the territory into recession. Wall Street appeared headed for declines at the open, a day after the benchmark S&P...
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