Financial crisis

A motorist is helped to push his car into a garage after it ran out out of fuel, in the capital Harare, Wednesday, Jan, 23, 2019. The Southern African nation remained tense as President Emmerson Mnangagwa's call for national dialogue is met with skepticism, and reports of abuses by security forces continued. (AP Photo/Tsvangirayi Mukwazhi)
January 23, 2019 - 3:00 pm
HARARE, Zimbabwe (AP) — Zimbabwe faces a new wave of unrest as the group representing government workers announced on Wednesday that roughly 500,000 civil servants across the country will go on strike after salary negotiations failed. David Dzatsunga, secretary of the Civil Service Apex Council,...
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FILE - In this Jan. 18, 2019, file photo, a woman reads a newspaper at a brokerage house in Beijing. Shares rose in Shanghai and Hong Kong on Monday, Jan. 21, 2019, as China reported that its growth fell to a three-decade low of 6.6 percent in 2018. The weaker data released Monday raised hopes for additional moves to shore up support for lagging business activity, though benchmarks fell back slightly from stronger gains just after markets opened. (AP Photo/Andy Wong, File)
January 21, 2019 - 10:47 pm
SINGAPORE (AP) — Asian markets were mostly lower on Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020. The downgrade came after China said its economy grew at the slowest pace in 30 years in the last quarter of 2018. Wall Street was closed for a holiday on...
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Zimbabwean President Emmerson Mnangagwa, left, arrives at Robert Mugabe International Airport in Harare, Zimbabwe, Monday, Jan. 21, 2019. Mnangagwa arrived in Harare late Monday after cutting short his fund-raising trip in order to address the country's economic crisis and crackdown. (AP Photo/Tsvangirayi Mukwazhi)
January 21, 2019 - 7:45 pm
HARARE, Zimbabwe (AP) — Zimbabwe's President Emmerson Mnangagwa arrived in Harare late Monday after cutting short his fund-raising trip in order to address the country's economic crisis and crackdown. Mnangagwa was welcomed at Harare International Airport by Vice President Constantino Chiwenga,...
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The sun rises behind the buildings of the banking district in Frankfurt, Germany, Sunday, Jan. 20, 2019. (AP Photo/Michael Probst)
January 21, 2019 - 8:58 am
FRANKFURT, Germany (AP) — Multiple threats stalking Europe's economy mean the European Central Bank could keep interest rates at rock-bottom levels longer than expected, extending skimpy returns for savers — but supporting indebted companies and governments with low borrowing costs. Speculation...
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Soccer teammates of Kelvin Tinashe Choto react, during his funeral in Chitungwiza, about 30 kilometres south east of the capital, Harare, Zimbabwe, Saturday, Jan, 19, 2019. Before the family of Kelvin Tinashe Choto knew he had been killed, social media in Zimbabwe was circulating a photo of his battered body lying on the reception counter of a local police station. Angry protesters had left him there. The 22-year-old was shot in the head, one of at least a dozen people killed since Monday in a violent crackdown by security. (AP Photo/Tsvangirayi Mukwazhi)
January 20, 2019 - 1:01 pm
HARARE, Zimbabwe (AP) — Zimbabwe's president announced on Sunday he will return home and skip the World Economic Forum after a week of turmoil in which activists have said at least a dozen people have been killed in a government crackdown. President Emmerson Mnangagwa had been under growing...
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January 16, 2019 - 4:28 pm
SAN JUAN, Puerto Rico (AP) — A court hearing on a major restructuring of Puerto Rico's mammoth debt opened Wednesday, with protesters warning the deal would further indebt the U.S. territory and supporters arguing it would secure funds urgently needed by the government. The hearing involves more...
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Lawmakers attend a session at the opposition-controlled National Assembly to debate actions against Venezuelan President Nicolas Maduro in Caracas, Venezuela, Tuesday, Jan. 15, 2019. The president is under heightened pressure from opposition politicians and foreign leaders urging him to step down. (AP Photo/Fernando Llano)
January 16, 2019 - 12:00 am
CARACAS, Venezuela (AP) — Venezuela's opposition-controlled congress has declared President Nicolas Maduro "illegitimate," moving a step closer to implementing a plan to challenge the socialist leader by declaring a caretaker government and calling early elections. A resolution adopted Tuesday...
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In this photo taken on Jan. 4, 2019, women pass by a new year decor outside a shopping mall in Beijing, China, China will slash taxes, step up spending and provide ample financing to private and small enterprises to help counter the country's worst slowdown since the global financial crisis amid a bruising trade war with the U.S., officials said Tuesday at a briefing on plans for 2019 that were set at an annual meeting in December. (AP Photo/Ng Han Guan)
January 15, 2019 - 1:57 am
BEIJING (AP) — China plans to slash taxes, step up spending and provide ample financing to private and small enterprises to help counter the country's worst slowdown since the global financial crisis and the impact of a bruising trade war with the U.S. The People's Bank of China is confident it can...
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In this Jan. 10, 2019, photo released by Xinhua News Agency, a worker checks on a soybean food at a processing factory in Xiaotun Township of Dafang County in Bijie, southwest China's Guizhou Province. China's trade growth slowed in 2018 as a tariff battle with Washington heated up and global consumer demand weakened. Exports rose 7.1 percent, customs data showed Monday, Jan. 14, 2019 down from the 7.9 percent reported earlier for 2017. Import growth declined to 12.9 percent from the previous year's 15.9 percent. (Luo Dafu/Xinhua via AP)
January 14, 2019 - 11:04 am
BEIJING (AP) — China's 2018 trade surplus with the United States surged to a record $323.3 billion, but exports contracted in December as the delayed impact of President Donald Trump's tariff hikes started to hurt demand. Exports to the United States in 2018 rose 11.3 percent to $478.4 billion...
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FILE - In this July, 18, 2013, file photo Federal Reserve Chairman Ben Bernanke testifies before the Senate Banking, Housing, and Urban Affairs Committee hearing on "The Semiannual Monetary Policy Report to the Congress" on Capitol Hill in Washington. Federal Reserve officials were worried about an adverse market reaction when they made their first tentative moves in 2013 to pull back on the massive support they had been providing to help the economy recover from the Great Recession. Transcripts of their discussions released Friday, Jan. 11, 2019, show that then-Federal Reserve Chairman Bernanke and his colleagues devoted considerable time debating the wording of the statement. (AP Photo/Manuel Balce Ceneta, File)
January 11, 2019 - 4:42 pm
WASHINGTON (AP) — Federal Reserve officials were worried about an adverse market reaction when they made their first tentative moves in 2013 to pull back on the massive support they had been providing to help the economy recover from the Great Recession. Transcripts of their discussions released...
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