Economic policy

An anti-Brexit demonstrator holds an EU flag in Parliament Square, in London, Wednesday, Dec. 16, 2020. Ursula von der Leyen said Wednesday she saw clear progress in the trade talks with the UK, turning a post-Brexit deal from a fleeting possibility into an ever more realistic possibility. (AP Photo/Alberto Pezzali)
December 17, 2020 - 4:10 pm
BRUSSELS (AP) — The U.K. and the European Union provided sober updates Thursday on the state of post-Brexit trade discussions, with only two weeks to go before a potentially chaotic split. While Ursula von der Leyen, president of the European Union’s executive commission, noted “substantial...
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A woman wears a face mask as she steps out of Bank underground station, in London, Tuesday, Dec. 8, 2020. The United Kingdom is beginning a mass vaccination campaign to inoculate the population against COVID-19 virus, with the elderly, vulnerable and key workers among the first to receive the first part of the inoculation. (AP Photo/Alberto Pezzali)
December 17, 2020 - 7:47 am
LONDON (AP) — The Bank of England opted against injecting another dose of stimulus into the British economy as it waits to hear whether a post-Brexit trade deal between the U.K. and the European Union is agreed in time for the new year. In a statement released Thursday, it said the nine rate-...
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Senate Majority Leader Mitch McConnell of Ky., walks past reporters on Capitol Hill in Washington, Tuesday, Dec. 15, 2020. (AP Photo/Susan Walsh)
December 16, 2020 - 8:31 pm
WASHINGTON (AP) — Congressional negotiators closed in Wednesday on a $900 billion COVID-19 economic relief package that would deliver additional help to businesses, $300 per week jobless checks, and $600 stimulus payments to most Americans. But there was no deal quite yet. The long-delayed measure...
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FILE - In this July 28, 2016, file photo, former Michigan Gov. Jennifer Granholm speaks during the final day of the Democratic National Convention in Philadelphia. Biden is expected to pick his former rival Pete Buttigieg as secretary of transportation and Granholm as energy secretary. (AP Photo/J. Scott Applewhite, File)
December 16, 2020 - 5:48 pm
WASHINGTON (AP) — Joe Biden is picking deal-makers and fighters to lead a climate team he’ll ask to remake and clean up the nation’s transportation and power-plant systems, and as fast as politically possible. While the president-elect's picks have the experience to do the heavy lifting required in...
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Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020. (Greg Nash/Pool via AP)
December 16, 2020 - 3:22 pm
WASHINGTON (AP) — The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress — a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely. The Fed also reiterated after its latest policy meeting...
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December 16, 2020 - 8:49 am
WASHINGTON (AP) — The U.S. Treasury Department has branded Vietnam and Switzerland as currency manipulators while putting China and nine other countries on a watch list in an annual report designed to halt countries from manipulating their currencies to gain unfair trade advantages. It marked the...
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FILE- In this Oct. 16, 2019, file photo, Australia's Trade Minister Simon Birmingham addresses media outside the Parliament House in Canberra, Australia. Australia will ask the World Trade Organization to intervene in its dispute with China over barley and expects other nations to become involved in the case, Australian Trade Minister Birmingham said on Wednesday, Dec. 16, 2020. (AP Photo/Rod McGuirk, File)
December 16, 2020 - 8:05 am
CANBERRA, Australia (AP) — Australia will ask the World Trade Organization to intervene in its dispute with China over barley and expects other nations to become involved in the case, Australian Trade Minister Simon Birmingham said Wednesday. China effectively ended imports of Australian barley in...
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Senate Majority Leader Mitch McConnell of Ky., walks past reporters on Capitol Hill in Washington, Tuesday, Dec. 15, 2020. (AP Photo/Susan Walsh)
December 15, 2020 - 10:36 pm
WASHINGTON (AP) — Top Capitol Hill Republicans labored Tuesday to keep the price tag for a long-delayed COVID-19 aid package in check, seeking to prevail in a battle over help for state and local governments, while capping the cost of bonus jobless benefits and direct payments sought by Democrats...
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In this Sept. 11, 2012, file photo, a four-wheel-drive vehicle follows a large mining truck as it makes its way to the top of a Boggabri coal mine near Gunnedah, Australia, 450 kilometers (280 miles) northwest of Sydney. Australia’s prime minister said Tuesday, Dec. 15, 2020, that China would be in breach of World Trade Organization rules as well as a bilateral free trade agreement if it banned Australian coal. (AP Photo/Rob Griffith, File)
December 15, 2020 - 4:34 am
CANBERRA, Australia (AP) — Australia’s prime minister said Tuesday that China would be violating World Trade Organization rules and a bilateral free trade agreement if it banned Australian coal. Prime Minister Scott Morrison was replying to a report in China’s state-owned Global Times newspaper...
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House Speaker Nancy Pelosi of Calif., speaks during a news conference at the Capitol, Thursday, Dec. 10, 2020, in Washington. (AP Photo/Manuel Balce Ceneta)
December 14, 2020 - 7:53 pm
WASHINGTON (AP) — Top Washington negotiators continued to reach for a long-delayed agreement on COVID-19 relief on Monday, but rank-and-file Democrats appeared increasingly resigned to having to drop, for now, a scaled-back demand for fiscal relief for states and local governments whose budgets...
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