Financial crisis

FILE - In this March 29, 2018, file photo, a cargo truck drives amid stacked shipping containers at the Yangshan port in Shanghai. China's export growth sank in November, 2018, as global demand weakened, adding to pressure on Beijing ahead of trade talks with Washington. (AP Photo/File)
December 08, 2018 - 7:00 am
BEIJING (AP) — China's export growth sank in November as global demand weakened, adding to pressure on Beijing ahead of trade talks with Washington. Exports rose 5.4 percent over a year ago to $227.4 billion, a marked decline from the previous month's 12.6 percent increase, customs data showed...
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Russian President Vladimir Putin, right, shakes hands with his Venezuelan counterpart Nicolas Maduro during their meeting at the Novo-Ogaryovo residence outside in Moscow, Russia, Wednesday, Dec. 5, 2018. (Maxim Shemetov/Pool Photo via AP)
December 05, 2018 - 8:02 am
MOSCOW (AP) — Russian President Vladimir Putin has voiced his support for Venezuelan leader Nicolas Maduro who is visiting Moscow amid a spiraling economic crisis in his country. Maduro has become increasingly isolated in the world under growing sanctions led by the U.S. and the European Union...
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FILE - In a Thursday, Nov. 29, 2018 file photo, Federal Reserve Chairman Jerome Powell addresses the Federal Reserve Board's 15th annual College Fed Challenge Finals in Washington. Powell said Monday, Dec. 3, 2018 that Powell says that despite solid economic progress, the country still faces a number of challenges including slow wage-growth for lower-income workers to sluggish productivity and an aging population. (AP Photo/Cliff Owen, File)
December 03, 2018 - 6:47 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Monday that despite solid economic progress, the country still faces a number of challenges ranging from slow wage-growth for lower-income workers to sluggish productivity and an aging population. Powell said in remarks at a Fed award...
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In this Aug. 26, 2018 photo, Roberto Patino greets children at a children's center in the La Vega neighborhood of Caracas, Venezuela. Patino, a rising star in Venezuela's unravelling opposition movement, and other grassroots organizers in their 20s and 30s have been feeding children, encouraging women to become community activists and organizing protests to demand public services like reliable drinking water and electricity. (AP Photo/Ariana Cubillos)
November 28, 2018 - 12:00 am
CARACAS, Venezuela (AP) — Roberto Patino, a rising star in Venezuela's unravelling opposition movement, pushes through a crowd of children clutching spoons and waiting to eat. The 30-year-old organizes a crew that hands out hundreds of meals each day in slums throughout the capital. It's the only...
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FILE - In this June 10, 2011, file photo, a worker checks the paint on a Camaro at the GM factory in Oshawa, Ontario. General Motors is closing a Canadian plant at the cost of about 2,500 jobs, but that is apparently just a piece of a much broader, company-wide restructuring that will be announced as early as Monday, Nov. 26, 2018. (Frank Gunn/The Canadian Press via AP, File)
November 26, 2018 - 9:09 am
DETROIT (AP) — General Motors is closing a Canadian plant at the cost of about 2,500 jobs, but that is apparently just a piece of a much broader, company-wide restructuring that will be announced as early as Monday. A person briefed on the matter told The Associated Press that the plant being...
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An elderly man smokes a cigar during a rally in Athens, Tuesday, Nov. 20, 2018. Hundreds of pensioners protested demanding a return of funds lost as part of austerity measures. (AP Photo/Thanassis Stavrakis)
November 21, 2018 - 11:59 am
ATHENS, Greece (AP) — Greece's bailout creditors have approved a request by the country to scrap pension cuts planned in 2019 after the country delivered a strong budget performance. In a report published Wednesday, the European Commission said the previously agreed cuts were no longer considered...
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Attorney Mark Patterson poses in his law firm's offices Thursday, Nov. 15, 2018, in Nashville, Tenn. The recent turbulence in the U.S. stock markets is spooking older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. "There's a huge fear of folks my age that they're going to run out of money and they're going to need to rely on the government for help," Patterson said. (AP Photo/Mark Humphrey)
November 19, 2018 - 1:22 am
CHICAGO (AP) — The recent turbulence in the U.S. stock markets is spooking some older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. There's no indication, though, that the recent volatility has brought about large-scale overhauls in retirement...
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FILE - In this Dec. 6, 2017 file photo, Houthi Shiite rebels inspect the rubble of the Republican Palace that was destroyed by Saudi-led airstrikes, in Sanaa, Yemen. Airstrikes by Saudi Arabia and its allies in Yemen are on a pace to kill more civilians in 2018 than last year despite US claims that the coalition is working to prevent such bloodshed, a database tracking violence shows. The war, nearly four years old, may have killed as many as 80,000 people, according to the figures. (AP Photo/Hani Mohammed, File)
November 16, 2018 - 6:53 pm
UNITED NATIONS (AP) — The U.N. envoy for Yemen announced Friday the country's internationally recognized government and rival Houthi Shiite rebels have agreed to attend talks aimed at ending their three-year war, which has created the globe's worst humanitarian crisis by pushing the Arab world's...
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Italian Prime Minister Giuseppe Conte arrives for a Libya conference in Palermo, Italy, Monday, Nov. 12, 2018. Representatives of Libya's quarrelling factions and of countries keen on stabilizing the North African nation started meetings in Sicily Monday, as Italy encourages a political settlement that could bolster the fight against Islamic militants and stop illegal migrants from crossing the Mediterranean to Europe's southern shores. (AP Photo/Antonio Calanni)
November 13, 2018 - 10:46 am
MILAN (AP) — The International Monetary Fund is warning that Italy's plan to sharply increase spending carries "substantial" risks and would leave the country vulnerable to market turmoil. In a regular review of the Italian economy, the IMF says Tuesday that "Italy needs to put to rest any concern...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici presents the Autumn 2018 economic forecast at EU headquarters in Brussels, Thursday, Nov. 8, 2018. (AP Photo/Olivier Matthys)
November 08, 2018 - 10:54 am
MILAN (AP) — The Italian government insisted Thursday it is sticking with its plan to rapidly increase public spending as a dispute with the European Union over the budget intensified following a gloomy set of forecasts. In response to the EU's executive Commission's prediction that Italy will be...
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