Financial crisis

FILE - In this March 30, 2017 file photo, former South Korean President Park Geun-hye arrives at the Seoul Central District Court for hearing on a prosecutors' request for her arrest for corruption, in Seoul, South Korea. South Korean prosecutors on Monday, April 17 indicted Park on high-profile corruption charges that could potentially send her to jail for life. (AP Photo/Ahn Young-joon, Pool, File)
April 17, 2017 - 4:12 am
SEOUL, South Korea (AP) — South Korean prosecutors on Monday indicted ex-President Park Geun-hye on high-profile corruption charges that could potentially send her to jail for life. It is the latest in a series of humiliations for Park, who was driven from office by massive and peaceful popular...
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Eurozone chairman Jeroen Dijsselbloem speaks at a press conference following a meeting of European finance ministers, in Valletta, Malta, Friday, April 7, 2017. Greece and its international creditors took a big step Friday toward an agreement that will ensure the cash-strapped country gets the money it needs in time to avoid a potential bankruptcy this summer. (AP Photo/Rene Rossignaud)
April 07, 2017 - 8:57 am
BRUSSELS (AP) — Greece and its international creditors took a big step Friday toward an agreement that will ensure the country gets the money it needs to avoid a potential bankruptcy this summer but which could spell more pain for austerity-weary Greeks. For months, the bailout discussions have...
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Eurozone chairman Jeroen Dijsselbloem, center, speaks with Luxembourg Finance Minister Pierre Gramegna, left, and French Finance Minister Michel Sapin at a meeting of European finance ministers, in Valletta, Malta, Friday, April 7, 2017. Dusselbloem said Friday that he was "in a positive mood" about a breakthrough in Greece's difficult bailout talks, but stressed an overall political deal could not be reached at Friday's meeting of finance ministers using the shared currency. (AP Photo/Rene Rossignaud)
April 07, 2017 - 7:21 am
BRUSSELS (AP) — Greece and its international creditors took a big step Friday toward an agreement that will ensure the cash-strapped country gets the money it needs in time to avoid a potential bankruptcy this summer. For months, the bailout discussions have stalled amid disagreements over what...
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April 05, 2017 - 6:08 pm
WASHINGTON (AP) — Federal Reserve officials last month discussed the possibility of reducing their enormous portfolio of bond holdings later this year, sooner than many investors have been expecting. The Fed's bond holdings have kept downward pressure on interest rates. If its policy committee...
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April 04, 2017 - 7:00 am
LISBON, Portugal (AP) — Portugal's prime minister said Tuesday the country's finance minister was recently asked whether he would be available to become the eurozone's top official, replacing Jeroen Dijsselbloem. Antonio Costa said in an interview with Lisbon's Radio Renascenca that Portugal...
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March 31, 2017 - 9:54 am
MADRID (AP) — Spain's minority conservative government has presented its 2017 budget, with a growing economy allowing it to increase social spending and cut taxes and to move away from the austerity measures of previous years. Finance Minister Cristobal Montoro on Friday said the budget would allow...
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A local police officer smokes a cigarette at Rome's Capitol hill, Thursday, March 23, 2017. The Rome's Capitol hill will host the celebrations for the 60th Anniversary of the 1957 Treaty of Rome. (AP Photo/Gregorio Borgia)
March 24, 2017 - 7:58 am
ROME (AP) — Hurt by Britain's planned exit, European Union leaders are making a pilgrimage to Rome this weekend with the hope that a visit to the cradle of their project of unity can somehow rekindle the vigor of youth. Saturday marks the 60th anniversary of the signature of their solemn bond,...
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Pizzas are displayed near a sign listing the police operations against restaurants and bars owned by the Camorra crime syndicate, during a report on organized crime infiltration in Italy's much prized food and agriculture businesses at the Coldiretti, the Italian farmers association headquarters in Rome, Tuesday, March 14, 2017. Organized crime has a seemingly insatiable appetite for farm and food businesses, one of the few economic sectors experiencing growth during Italy's protracted economic crisis. (AP Photo/Gregorio Borgia)
March 14, 2017 - 11:56 am
ROME (AP) — Organized crime has a seemingly insatiable appetite for farm and food businesses, one of the few economic sectors experiencing growth during Italy's protracted economic crisis. Anti-mafia prosecutors and Italy's farm lobby Coldiretti on Tuesday expressed concern that the country's crime...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo, Tuesday, March 14, 2017. Asian stock markets drifted in slow trading on Tuesday as investors awaited the outcome of the Federal Reserve's meeting and a batch of economic and political events later this week. (AP Photo/Eugene Hoshiko)
March 14, 2017 - 5:30 am
SEOUL, South Korea (AP) — Global stock markets drifted in slow trading on Tuesday as investors awaited the outcome of the Federal Reserve's meeting, and a batch of economic and political events later this week. KEEPING SCORE: Britain's FTSE 100 added 0.1 percent to 7,373.68 while France's CAC 40...
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Chinese Premier Li Keqiang is displayed on screens as he delivers a work report at the opening session of the annual National People's Congress at Beijing's Great Hall of the People, Sunday, March 5, 2017. China's top leadership as well as thousands of delegates from around the country are gathered at the Chinese capital for the annual legislature meetings. (AP Photo/Ng Han Guan)
March 05, 2017 - 4:39 am
BEIJING (AP) — China's top economic official trimmed the country's growth target and warned Sunday of dangers from global pressure for trade controls as Beijing tries to build a consumer-driven economy and reduce reliance on exports and investment. In a speech to the national legislature, Premier...
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