Financial crisis

Tunisian designated Prime Minister Hichem Mechichi delivers his speech at the parliament before a confidence vote in Tunis, Tuesday, Sept. 1, 2020. (AP Photo/Riadh Dridi)
September 02, 2020 - 3:25 am
TUNIS, Tunisia (AP) — Tunisian lawmakers approved Hichem Mechichi as the country's new prime minister after pressing him for 11 hours over how he will bring the country out of an economic and social crisis that has driven a rise in migration to Europe and been worsened by the virus pandemic...
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FILE - In this Aug. 26, 1980 file photo, Lech Walesa, head of the striking workers delegation, center, is pictured during the first negotiations and signing of the preliminary contract between the striking workers and the Polish government delegation, led by deputy Premier Mieczyslaw Jagielski, with his back to the camera, right, at the Lenin shipyard in Gdansk, Poland. Poland on Monday, Aug. 31, 2020 celebrated 40 years since it took a crucial step toward democracy with the creation of the Soviet bloc's first free trade union, Solidarity, which changed the course of the nation's history. (Bjoern Elgstrand/Reportagebild via AP, file)
August 31, 2020 - 11:44 am
WARSAW, Poland (AP) — Poland on Monday celebrated 40 years since it took a crucial step toward democracy with the creation of the Soviet bloc's first free trade union, Solidarity, which changed the course of the nation's history. At the same time, Poland is closely watching protests in neighboring...
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FILE - In this June 30, 2020, file photo Federal Reserve Board Chairman Jerome Powell, reflected in the sneeze guard set up between himself and members of the House Committee on Financial Services, speaks during a hearing on oversight of the Treasury Department and Federal Reserve pandemic response on Capitol Hill in Washington. With the economy still in the pandemic’s grip, the Federal Reserve is facing a decision on whether to stretch an emergency lending program in a way that could bring more risk for the government and taxpayers. Lawmakers are pressing the central bank to deliver more aid to struggling small and mid-sized businesses. (Bill O'Leary/The Washington Post via AP, Pool)
August 29, 2020 - 12:09 am
WASHINGTON (AP) — With the economy still in the pandemic’s grip, the Federal Reserve is facing a decision on whether to stretch an emergency lending program in a way that could bring more risk for the government and taxpayers. Lawmakers are pressing the central bank to deliver more aid to...
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FILE - In this Aug. 27, 2020, file photo President Donald Trump speaks from the South Lawn of the White House on the fourth day of the Republican National Convention in Washington. Trump sought to use this past week to make the case he alone has what it takes to maintain law-and-order and steer a virus-battered nation out of the public health and economic crisis, while branding the Democratic presidential nominee Joe Biden as a Trojan horse being use by the radical left. But as the incumbent president emerges from the Republican National Convention, voters and GOP strategists say he still has work to do as he tries to win over suburban women and bolster his position with waffling supporters. (AP Photo/Alex Brandon, File)
August 29, 2020 - 12:04 am
WASHINGTON (AP) — Pat Newell backed Donald Trump in 2016. But after Trump’s speech at the Republican National Convention this week included no mention of the police shooting of Jacob Blake that spurred demonstrations in her hometown of Kenosha, Wisconsin, the white retired public relations...
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President Donald Trump speaks from the South Lawn of the White House on the fourth day of the Republican National Convention, Thursday, Aug. 27, 2020, in Washington. (AP Photo/Alex Brandon)
August 28, 2020 - 1:21 am
WASHINGTON (AP) — President Donald Trump blasted Joe Biden as a hapless career politician who will endanger Americans’ safety as he accepted his party’s renomination on the South Lawn of the White House. While the coronavirus kills 1,000 Americans each day, Trump defied his own administration’s...
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President of the European Commission Ursula von der Leyen takes off her protective face mask prior to speaking during a media conference at EU headquarters in Brussels, Thursday, Aug. 27, 2020. The European Commission president said Thursday her team could face a reshuffle after the resignation of the Irish trade Commissioner, Phil Hogan, over a controversy involving his questionable adherence to COVID-19 rules. (Francois Walschaerts, Pool Via AP)
August 27, 2020 - 4:35 pm
BRUSSELS (AP) — The European Union's executive commission is emerging from its summer vacation down a key official and with an additional big problem on its hands. At a time when European Commission President Ursula von der Leyen should be centering on managing the coronavirus pandemic, an...
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First lady Melania Trump speaks on the second day of the Republican National Convention from the Rose Garden of the White House, Tuesday, Aug. 25, 2020, in Washington. (AP Photo/Evan Vucci)
AP Newsroom
August 25, 2020 - 11:41 pm
WASHINGTON (AP) — First lady Melania Trump portrayed her husband as an authentic, uncompromising leader in a Rose Garden address Tuesday night as President Donald Trump turned to family, farmers and the trappings of the presidency to boost his reelection chances on the second night of the scaled-...
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FILE - In this April 30, 2020 file photo, a man writes information in front of Illinois Department of Employment Security in Chicago. It's the paradox of a pandemic that has crushed the U.S. economy: There are 12.9 million job losses and a dangerous rash of closed business, yet the personal finances of many Americans have remained strong, and in some ways have even improved. A new poll by The Associated Press-NORC Center for Public Affairs Research shows that 45% of Americans say they’re setting aside more money than usual. Twenty-six percent are paying down debt faster than they were before the coronavirus pandemic. In total, about half of Americans say they’ve either saved more or paid down debt. (AP Photo/Nam Y. Huh, File)
August 25, 2020 - 10:57 am
WASHINGTON (AP) — It's the paradox of a pandemic that has crushed the U.S. economy: 12.9 million lost jobs and a dangerous rash of businesses closing, yet the personal finances of many Americans have remained strong — and in some ways have even improved. A new poll from The Associated Press-NORC...
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German Chancellor Angela Merkel takes her mask off as she arrives with French President Emmanuel Macron for a press conference at the Fort de Bregancon, southern France, Thursday, Aug. 20, 2020. The leaders of Germany and France are meeting Thursday at a Mediterranean retreat for talks on how to resuscitate Europe's economy without causing a new virus crisis, and on a growing number of global hot spots. (Christophe Simon/Pool Photo via AP)
August 25, 2020 - 2:46 am
BERLIN (AP) — The German economy, Europe's biggest, shrank slightly less in the second quarter than originally estimated, the official statistics agency said Tuesday — though the 9.7% drop was still easily the worst on record. The Federal Statistical Office revised the quarter-on-quarter...
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President Donald Trump speaks to the 2020 Council for National Policy Meeting, Friday, Aug. 21, 2020, in Arlington, Va. (AP Photo/Evan Vucci)
August 22, 2020 - 9:16 pm
WASHINGTON (AP) — Republicans will aim to recast the story of Donald Trump's presidency when they hold their national convention, featuring speakers drawn from everyday life as well as cable news and the White House while drawing a stark contrast with Democratic presidential nominee Joe Biden...
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