Economic policy

In this Aug. 24, 2018, photo, a Japanese flag is hoisted near the pier of a container terminal in Tokyo. Japan recorded a trade deficit in October but a recovery in exports after getting slammed by natural disasters in September, according to government data released Monday, Nov. 19, 2018. Exports grew 8.2 percent from the same month the previous year, the Finance Ministry said. (AP Photo/Eugene Hoshiko)
November 18, 2018 - 11:43 pm
TOKYO (AP) — Japan's trade deficit grew to its largest since July 2015 in October as a gain in exports was outpaced by a nearly 20 percent jump in imports. The Ministry of Finance said Monday that exports grew at an 8.2 percent annual pace. In September, exports had fallen 1.2 percent from the...
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November 18, 2018 - 11:21 am
RIYADH, Saudi Arabia (AP) — Saudi Arabia's King Salman received Iraq's president in Riyadh on Sunday, a day after the Iraqi official visited the kingdom's rival, Iran. Barham Salih's back-to-back visits to Iran and Saudi Arabia reflect the delicate balance Iraq seeks to maintain in a region where...
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IMF managing director Christine Lagarde, left, and Chinese President Xi Jinping arrive for an International Monetary Fund (IMF) informal dialogue session at APEC Haus in Port Moresby, Papua New Guinea, Sunday, Nov. 18, 2018. (AP Photo/Mark Schiefelbein)
November 18, 2018 - 3:37 am
PORT MORESBY, Papua New Guinea (AP) — An acrimonious meeting of world leaders in Papua New Guinea failed to agree Sunday on a final communique, highlighting widening divisions between global powers the U.S. and China. The 21 nations at the Asia-Pacific Economic Cooperation summit in Port Moresby...
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Canadian Prime Minister Justin Trudeau, right, speaks with Australian Prime Minister Scott Morrison during a bilateral meeting at the Asia-Pacific Economic Cooperation Summit in Port Moresby, Papua New Guinea, Sunday, Nov. 18, 2018. (Adrian Wyld/The Canadian Press via AP)
November 18, 2018 - 2:09 am
PORT MORESBY, Papua New Guinea (AP) — The Latest on the summit of Asia-Pacific Economic Cooperation in Papua New Guinea (all times local): 5:05 p.m. Canada's Prime Minister Justin Trudeau says leaders at the Asia-Pacific Economic Cooperation meeting in Papua New Guinea were unable to agree on a...
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Thailand's Prime Minister Prayuth Chan-ocha, left, and U.S. Vice President Mike Pence talk before an International Monetary Fund (IMF) informal dialogue session at APEC Haus in Port Moresby, Papua New Guinea, Sunday, Nov. 18, 2018. (AP Photo/Mark Schiefelbein)
November 17, 2018 - 8:23 pm
PORT MORESBY, Papua New Guinea (AP) — The Latest on the summit of Asia-Pacific Economic Cooperation in Papua New Guinea (all times local): 11:20 a.m. Four countries including the U.S. have signed up to an effort to bring electricity to 70 percent of Papua New Guinea's people by 2030. Australia,...
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U.S. Vice President Mike Pence, center, watches Japanese Prime Minister Shinzo Abe, left, and Brunei Sultan Hassanal Bolkiah gesture before the start of the gala dinner family photo at the APEC summit in Port Moresby, Papua New Guinea, Saturday, Nov. 17, 2018. (AP Photo/Aaron Favila)
November 17, 2018 - 7:31 am
PORT MORESBY, Papua New Guinea (AP) — Chinese President Xi Jinping and U.S. Vice President Mike Pence traded barbs in speeches at a summit of world leaders Saturday, outlining competing visions for global leadership as trade and other tensions between them simmer. Pence said there would be no letup...
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Pro and anti Brexit protesters hold placards as they vie for media attention near Parliament in London, Friday, Nov. 16, 2018. Britain's Prime Minister May still faces the threat of a no-confidence vote, after several Conservative Party lawmakers said they had written letters asking for one. (AP Photo/Alastair Grant)
November 16, 2018 - 12:54 pm
LONDON (AP) — British Prime Minister Theresa May won support for her beleaguered Brexit deal Friday from key politicians and business groups, but she remained besieged by internal party opponents determined to oust her. In a tumultuous week, May finally clinched a divorce deal with the European...
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FILE - In this Thursday, Oct. 25, 2018 file photo, the President of European Central Bank Mario Draghi waits for the beginning of a press conference following the meeting of the governing council in Frankfurt, Germany. Draghi warns that slowing world trade is proving to be a drag on the eurozone economy but says the current expansion remains “resilient” as consumers at home remain willing to spend and unemployment falls thanks to pro-business reforms. Draghi said in a speech Friday, Nov. 16, 2018 in Frankfurt that “there is certainly no reason why the expansion in the euro area should abruptly come to an end.” (AP Photo/Michael Probst, File)
November 16, 2018 - 5:39 am
FRANKFURT, Germany (AP) — The head of the European Central Bank indicated a first interest rate increase could be postponed if unexpected trouble strikes the 19 countries that use the euro as their currency. Mario Draghi warned in a speech Friday the current economic expansion remains "resilient"...
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November 16, 2018 - 5:31 am
HONG KONG (AP) — Hong Kong's economic growth sank to a two-year low in the latest quarter and the government warned it will face headwinds from U.S.-Chinese trade tension, weakening global demand and higher interest rates. The Chinese territory's economic output expanded by 2.9 percent over a year...
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FILE- In this Oct. 31, 2018, file photo Federal Reserve Chair Jerome Powell looks over papers as the Federal Reserve Board holds a meeting in Washington. The Federal Reserve says it will conduct a wide-ranging review next year of the strategies and tools it uses to achieve its congressionally mandated goals of maximum employment and price stability. The Fed says the review will also examine ways the Fed communicates with the public. (AP Photo/Jacquelyn Martin, File)
November 15, 2018 - 3:57 pm
WASHINGTON (AP) — The Federal Reserve announced Thursday that it plans to conduct a wide-ranging review next year of the strategies and tools it uses to achieve its congressionally mandated goals of maximum employment and price stability. The Fed said the review will also examine ways it...
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