Financial crisis

FILE - In this March 3, 2020 file photo, Federal Reserve Chair Jerome Powell speaks during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. On Thursday, Aug. 26, Powell will address the Fed's annual gathering of global central bankers, normally held in Jackson Hole, Wyo., but this time being conducted virtually. (AP Photo/Jacquelyn Martin, File)
July 29, 2020 - 5:27 pm
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday that the viral epidemic is endangering the modest economic recovery that followed a collapse in hiring and spending this spring. As a result, he said, the Fed plans to keep interest rates pinned near zero well into the future...
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Team members of Israeli artist Itay Zalait, work on an installation depicting Prime Minister Benjamin Netanyahu at a mock "Last Supper" at Rabin square in Tel Aviv, Israel, Wednesday, July 29, 2020. The installation, placed in a central Tel Aviv square on Wednesday, in the latest twist in a summer of protests against Netanyahu and his lengthy rule. (AP Photo/Oded Balilty)
July 29, 2020 - 7:53 am
TEL AVIV, Israel (AP) — Residents of the city of Tel Aviv woke up Wednesday to a jarring sight: a pop-up exhibit depicting a life-size statue of Israeli Prime Minister Benjamin Netanyahu enjoying a lavish meal by himself at a sprawling table in a mock re-enactment of the Last Supper. The...
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July 28, 2020 - 4:12 am
HARARE, Zimbabwe (AP) — Zimbabwe’s ruling party has threatened the United States ambassador with expulsion, calling him a “thug” and accusing him of funding organizers of anti-government protests planned for Friday. Zimbabwe’s government in recent weeks has increasingly accused the U.S. Embassy of...
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FILE - In this March 30, 2020, file photo, Venezuelan workers wearing protective face masks and suits as a preventive measure against the spread of the coronavirus unload boxes of humanitarian aid as medical supplies and specialists from China arrive to Simon Bolivar International Airport in La Guaira, Venezuela. A new snapshot of the frantic global response to the coronavirus pandemic shows some of the world's largest government donors of humanitarian assistance are buckling under the strain and overall aid commitments have dropped by a third from the same period last year. (AP Photo/Matias Delacroix, File)
July 22, 2020 - 7:19 am
JOHANNESBURG (AP) — A new snapshot of the frantic global response to the coronavirus pandemic shows some of the world’s largest government donors of humanitarian aid are buckling under the strain: Funding commitments, for the virus and otherwise, have dropped by a third from the same period last...
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An Israeli police officer puts his knee on a demonstrator to make an arrest during a protest against Israel's Prime Minister Benjamin Netanyahu outside his residence in Jerusalem, early Wednesday, July 22, 2020. (AP Photo/Ariel Schalit)
July 22, 2020 - 3:32 am
JERUSALEM (AP) — After a night of intense protests against Prime Minister Benjamin Netanyahu and his government, dozens of Israeli demonstrators chained themselves together and briefly blocked the entrance to parliament on Wednesday morning. Police arrested four and broke up the gathering, which...
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German Chancellor Angela Merkel, left, and French President Emmanuel Macron walk onto the podium prior to a media conference at the end of an EU summit in Brussels, Tuesday, July 21, 2020. Weary European Union leaders finally clinched an unprecedented budget and coronavirus recovery fund early Tuesday, finding unity after four days and as many nights of fighting and wrangling over money and power in one of their longest summits ever. (John Thys, Pool Photo via AP)
July 21, 2020 - 11:00 am
FRANKFURT, Germany (AP) — European leaders took a historic step towards sharing financial burdens among the EU's 27 countries by agreeing to borrow and spend together to pull the economy out of the deep recession caused by the virus outbreak. Pushed by Germany's Angela Merkel and France's Emmanuel...
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In this handout photo released by the University of Oxford samples from coronavirus vaccine trials are handled inside the Oxford Vaccine Group laboratory in Oxford, England Thursday June 25, 2020. Scientists at Oxford University say their experimental coronavirus vaccine has been shown in an early trial to prompt a protective immune response in hundreds of people who got the shot. In research published Monday July 20, 2020 in the journal Lancet, scientists said that they found their experimental COVID-19 vaccine produced a dual immune response in people aged 18 to 55. (John Cairns, University of Oxford via AP)
July 20, 2020 - 8:48 pm
MIAMI (AP) — The race to corral the coronavirus pandemic took on even greater urgency Monday as a burgeoning economic crisis collided with political turmoil. While the latest experimental vaccine appeared to show promise, politicians in Washington were far apart in finding a way to bring financial...
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Shoppers wearing protective facemasks amid the spread of the new coronavirus load groceries from a dollar store in Havana, Cuba, Monday, July 20, 2020. Cuba has expanded the types of stores that accept dollars for payment to include food stores, as part of the government’s effort to capture much needed hard currency to shore up the island’s ailing economy. (AP Photo/Ramon Espinosa)
July 20, 2020 - 7:02 pm
HAVANA (AP) — Cuba opened shops Monday that accept only foreign currencies and eliminated a special tax on the U.S. dollar, deepening a process of collecting stronger currencies to face the country's economic crisis. By morning, long queues had formed in a half-dozen such shops in Havana dedicated...
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In this photo released on the official Facebook page of Syrian Presidency, Syrian President Bashar Assad and his wife Asma vote at a polling station in the parliamentary elections in Damascus, Syria, Sunday, July 19, 2020. Syrians headed to polling stations in government-held parts of the war-torn country on Sunday to elect a new parliament amid strict health measures to prevent the spread of coronavirus amid an increase of cases in recent days. (Syrian Presidency via AP)
July 19, 2020 - 12:41 pm
DAMASCUS, Syria (AP) — Syrians headed to polling stations in government-held parts of the war-torn country on Sunday to elect a new parliament amid strict health measures to prevent the spread of the coronavirus. The vote is the third to take place in Syria since the conflict began in March 2011...
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Israeli Prime Minister Benjamin Netanyahu wears a face mask to help prevent the spread of the coronavirus as he opens the weekly cabinet meeting, at the foreign ministry, in Jerusalem, Sunday, July 5, 2020. (Photo by Gali Tibbon/Pool via AP)
July 19, 2020 - 8:34 am
JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu's corruption trial will resume in earnest in January, with thrice-weekly evidentiary hearings set to begin then, a Jerusalem court decided Sunday. It was not immediately clear if Netanyahu would be required to be present at each hearing,...
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