Economic stimulus

FILE -- In this Wednesday, Nov. 28, 2018 file photo clouds of smoke are pictured over Europe's largest lignite power plant in Belchatow, central Poland. Government stimulus programs to pull the world out of the coronavirus pandemic offer “a tremendous opportunity” to build a clean-energy economy, former California governor Arnold Schwarzenegger said Thursday, calling on governments not to “invest in the past." Speaking video link from Los Angeles to the Austrian World Summit in Vienna, Schwarzenegger said that “forward-looking decisions” are needed now as trillions are being poured into rebuilding economies around the globe.A group of Greenpeace environment activists have climbed its 180-meter smokestack to spur participants in next week's global climate summit in Poland into taking decisions on limiting the use of coal.(AP Photo/Czarek Sokolowski, file)
September 17, 2020 - 8:55 am
VIENNA (AP) — U.N. Secretary-General Antonio Guterres called Thursday on governments not to “throw away” economic stimulus funds by supporting fossil fuel industries that contribute to global warming. Speaking at a virtual conference on climate change, Guterres noted that countries have “a choice...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Sept. 17, 2020. Asian stock markets declined Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans. (AP Photo/Ahn Young-joon)
September 16, 2020 - 11:27 pm
Asian stock markets declined Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans. Market benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all retreated. Wall Street's benchmark S...
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Indian Prime Minister Narendra Modi addresses the media as he arrives at the Parliament in New Delhi, India, Monday, Sept.14, 2020. Indian lawmakers have returned to Parliament after more than five months even as coronavirus cases continue to surge at the fastest pace than anywhere else in the world. (AP Photo)
September 14, 2020 - 2:56 am
NEW DELHI (AP) — After a five-month absence, Indian lawmakers returned to Parliament on Monday with the government's response to the coronavirus pandemic, the nosediving economy and simmering tensions with China setting the stage for a turbulent session. The 18-day session comes as coronavirus...
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The European Central Bank is seen in Frankfurt, Germany, Thursday, Sept. 10, 2020. The governing council of the ECB will meet on Thursday. (AP Photo/Michael Probst)
September 10, 2020 - 2:32 pm
FRANKFURT, Germany (AP) — European Central Bank head Christine Lagarde said the bank would “likely” use all of the 1.35 trillion euros ($1.6 trillion) in planned stimulus to support the economy through the pandemic, which has caused a massive recession and is seeing a new rise in contagions. After...
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File - In this Thursday, Sept. 3 2020 file picture the moon shines over the European Central Bank in Frankfurt, Germany. Low inflation, in negative territory for the first time since 2016, is leading analysts to think the ECB will have to add more stimulus to support what could be a drawn-out, difficult recovery from the virus outbreak in the 19 countries that use the euro. (AP Photo/Michael Probst, File)
September 08, 2020 - 7:09 am
FRANKFURT, Germany (AP) — A startling fall in consumer prices and a stronger euro have increased pressure on the European Central Bank to provide another blast of monetary stimulus in support of a drawn-out economic rebound from the pandemic recession. A 0.2% annual drop in prices in August in the...
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Indian Prime Minister Narendra Modi speaks from the ramparts of the historic Red Fort monument on Independence Day in New Delhi, India, Saturday, Aug. 15, 2020. (AP Photo/Manish Swarup)
August 15, 2020 - 5:34 am
NEW DELHI (AP) — India’s prime minister said Saturday his country has done well in containing the coronavirus pandemic and announced $1.46 trillion in infrastructure projects to boost the sagging economy. The key lesson India learned from the pandemic is to become self-reliant in manufacturing and...
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FILE - In this July 16, 2019, file photo an American flag flies on the Capitol Dome in Washington. The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said Wednesday, Aug. 12, 2020. (AP Photo/Carolyn Kaster, File)
August 12, 2020 - 5:24 pm
SILVER SPRING, Md. (AP) — The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said Wednesday. The nation's budgetary shortfall is expected to eventually reach levels for the fiscal year that ends Sept. 30 more...
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FILE - In this Wednesday, March 11, 2020 file photo, pedestrians wearing face masks pass the Bank of England in London. The Bank of England left its benchmark interest rate at a record low of 0.1% on Thursday Aug. 6, 2020, as it expressed caution about how rapidly the United Kingdom's economy will recover from the COVID-19 pandemic. (AP Photo/Matt Dunham, File)
August 06, 2020 - 6:43 am
LONDON (AP) — The Bank of England predicted Thursday that the economic downturn in the U.K. economy might be less severe than it thought at the start of the COVID-19 pandemic - even as it warned it would take a longer time to heal the scars. The central bank opened the door to providing more...
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File-This Thursday, June 6, 2019, photo shows the U.S. Treasury Department building at dusk, in Washington. The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter. Treasury officials announced Monday, Aug. 3, 2020, that the government also plans to borrow $1.22 trillion in the October-December period. (AP Photo/Patrick Semansky, File)
August 03, 2020 - 3:49 pm
WASHINGTON (AP) — The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter. Treasury officials also announced Monday that...
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The buildings of the banking district are seen in Frankfurt, Germany, Thursday, July 30, 2020. The Federal Statistical Office will release 2nd-quarter German GDP (gross domestic product) figures on Thursday. (AP Photo/Michael Probst)
July 30, 2020 - 6:51 am
FRANKFURT, Germany (AP) — Germany’s economy, Europe's largest, took a massive hit during the pandemic shutdowns, shrinking by 10.1% percent during the April-June period from the previous quarter as exports and business investment collapsed. It was the biggest drop since quarterly growth figures...
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