Financial crisis

A tyre is used to mark the entrance to Firestone's garage in the town of Harbel, Liberia Saturday, July 18, 2020. The rubber industry in Liberia has gotten so bad that some farmers are cutting down their rubber trees with hopes of producing palm oil instead and Firestone recently announced plans to lay off 374 people with the company citing the impact of the global COVID-19 economic crisis among other factors. (AP Photo/Jonathan Paye-Layleh)
August 22, 2020 - 7:52 am
GBARNGA, Liberia (AP) — Christopher Reeves has farmed rubber for more than three decades in Liberia, selling his crop to the international tire-maker Firestone, which also operates the world’s largest rubber plantation here. Now Reeves, 61, and thousands of others working in Liberia's once-thriving...
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FILE - People walk by the New York Stock Exchange, left, Tuesday, July 21, 2020. Stocks are drifting again on Wall Street Friday, Aug. 21, following a mixed set of data on the economy, as a record-breaking but wishy-washy week of trading closes out. (AP Photo/Mark Lennihan)
August 21, 2020 - 4:07 pm
NEW YORK (AP) — More gains for tech stocks propped up an otherwise wobbly Wall Street on Friday, as a record-breaking but wishy-washy week of trading came to a close. The S&P 500 rose 0.3%, even though most stocks in the index were weaker after a couple reports on the U.S. economy showed more...
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Democratic presidential candidate former Vice President Joe Biden, with Democratic vice presidential candidate Sen. Kamala Harris, D-Calif., raise their arms up as fireworks go off in the background during the fourth day of the Democratic National Convention, Thursday, Aug. 20, 2020, at the Chase Center in Wilmington, Del. Looking on are Jill Biden, far left, and Harris' husband Doug Emhoff, far right. (AP Photo/Andrew Harnik)
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August 21, 2020 - 2:08 am
WILMINGTON, Del. (AP) — Joe Biden accepted the Democratic presidential nomination Thursday night with a vow to be a unifying “ally of the light” who would move an America in crisis past the chaos of President Donald Trump’s tenure. In his strongest remarks of the campaign, Biden spoke both of...
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Democratic presidential candidate former Vice President Joe Biden, with Democratic vice presidential candidate Sen. Kamala Harris, D-Calif., raise their arms up as fireworks go off in the background during the fourth day of the Democratic National Convention, Thursday, Aug. 20, 2020, at the Chase Center in Wilmington, Del. Looking on are Jill Biden, far left, and Harris' husband Doug Emhoff, far right. (AP Photo/Andrew Harnik)
August 21, 2020 - 1:31 am
WILMINGTON, Del. (AP) — Joe Biden accepted the Democratic presidential nomination Thursday night with a vow to be a unifying “ally of the light” who would move an America in crisis past the chaos of President Donald Trump’s tenure. In his strongest remarks of the campaign, Biden spoke both of...
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In this image from video, Democratic presidential candidate former Vice President Joe Biden leads a conversation on racial justice with Art Acevedo, Jamira Burley, Gwen Carr, Derrick Johnson and Lori Lightfoot during the first night of the Democratic National Convention on Monday, Aug. 17, 2020. (Democratic National Convention via AP)
August 17, 2020 - 11:10 pm
NEW YORK (AP) — Former first lady Michelle Obama assailed President Donald Trump Monday night, delivering a scathing critique of the Republican president who replaced her husband as the Democrats opened their national convention. “Donald Trump is the wrong president for our country,” she declared...
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Iraqi Prime Minister Mustafa al-Kadhimi speaks during an interview with The Associated Press in Baghdad, Iraq, Monday, Aug. 17, 2020. (AP Photo/Khalid Mohammed)
August 17, 2020 - 1:51 pm
BAGHDAD (AP) — Iraq’s prime minister said Monday ahead of a much anticipated trip to Washington that his country still needs U.S. assistance to counter the threat posed by the Islamic State group and that his administration is committed to introducing security sector reforms as rogue militia groups...
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FILE - In this Aug. 6, 2020, file photo, shoppers walk though a clothing market in Bangkok, Thailand. Thailand's economy contracted at a 12.2% annual rate in the April-June quarter, its sharpest downturn since the Asian financial crisis of the late 1990s. (AP Photo/ Gemunu Amarasinghe, File)
August 17, 2020 - 4:44 am
BANGKOK (AP) — Thailand's economy contracted at a 12.2% annual rate in the April-June quarter, its sharpest downturn since the Asian financial crisis of the late 1990s. The data reflect a deterioration of business activity, with the country virtually closed to international travel due to the...
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A worker mops the floor of a retail store at a shopping center in Tokyo on Monday, Aug. 17, 2020. Japan’s economy shrank at annual rate of 27.8% in April-June, the worst contraction on record, as the coronavirus pandemic slammed consumption and trade, according to government data released Monday. (AP Photo/Hiro Komae)
August 17, 2020 - 12:53 am
TOKYO (AP) — Japan’s economy shrank at annual rate of 27.8% in April-June, the worst contraction on record, as the coronavirus pandemic slammed consumption and trade, according to government data released Monday. The Cabinet Office reported that Japan’s preliminary seasonally adjusted real gross...
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FILE - In this March 1, 2020, file photo, a department store employee with a mask dresses a mannequin in Tokyo. Japan’s economy shrank at annual rate of 27.8% in April-June, the worst contraction on record, as the coronavirus pandemic slammed consumption and trade, government data released Monday, Aug. 17, 2020, show. (AP Photo/Jae C. Hong, File)
August 16, 2020 - 10:45 pm
TOKYO — Japan’s economy shrank at annual rate of 27.8% in April-June, the worst contraction on record, as the coronavirus pandemic slammed consumption and trade, according to government data released Monday. The Cabinet Office reported that Japan’s preliminary seasonally adjusted real gross...
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Zimbabwe journalist Hopewell Chin'ono appears at the magistrates courts while handcuffed in Harare, Wednesday, July, 22, 2020. Chin'ono known for exposing alleged government corruption is now accused of plotting against the government. Hopwell Chin'ono appeared alongside Jacob Ngarivhume, an opposition politician who is accused of conspiring with to mobilize anti government protests planned for July 31.(AP Photo/Tsvangirayi Mukwazhi)
August 16, 2020 - 9:46 am
HARARE, Zimbabwe (AP) — Zimbabwe is embroiled in an economic and political crisis marked by human rights abuses, said the country's Roman Catholic bishops, who were then criticized by the government as “evil” and trying to promote genocide. In a pastoral letter read out at all Catholic churches...
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