Financial crisis

FILE - In this Jan. 9, 2019 file photo, Venezuela's President Nicolas Maduro holds a press conference with foreign media at Miraflores presidential palace in Caracas, Venezuela. A member of Venezuela's opposition said Friday, June 7, that a mediation effort by Norway is stalling over Maduro's refusal to accept presidential elections to resolve the nation's political crisis. (AP Photo/Boris Vergara, File)
June 07, 2019 - 5:33 pm
CARACAS, Venezuela (AP) — Venezuelan leader Juan Guaidó said Friday that the opposition's demand for presidential elections is not negotiable, slowing mediation efforts by Norway aimed at resolving Venezuela's political crisis. "A new meeting isn't planned at the moment, we can get what we've...
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FILE - In this April 29, 2019, file photo, Palestinian President Mahmoud Abbas, center, chairs a session of the weekly cabinet meeting in the West Bank city of Ramallah. Leaked documents showing the Palestinian Cabinet secretly gave itself a generous raise have rocked the West Bank, where the cash-strapped government has been forced to slash the salaries of its employees. The raises were kept secret from the public and approved by President Mahmoud Abbas, two senior officials said, overriding a 2004 law that fixed ministers' salaries. (AP Photo/Majdi Mohammed, Pool, File)
June 04, 2019 - 11:29 am
RAMALLAH, West Bank (AP) — The Palestinian labor market in the West Bank was limping along in 2017, with unemployment stubbornly high and economic growth slowing. But that didn't stop the Palestinian Cabinet from secretly giving itself a series of lavish payouts and perks, highlighted by a 67%...
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June 04, 2019 - 9:59 am
NICOSIA, Cyprus (AP) — The foreign ministers of Cyprus, Greece and Armenia say they have laid the foundations to forge closer ties and help promote stability and prosperity in the region. The three men said in their first three-way talks in the Cypriot capital Tuesday that they're exploring ways to...
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FILE - In this Saturday, May 18, 2019 file photo, supporters reach out to touch their leader during a rally organized by League leader Matteo Salvini, with leaders of other European nationalist parties, ahead of the May 23-26 European Parliamentary elections, in Milan, Italy. The European Parliament elections have never been so hotly anticipated or contested, with many predicting that this year’s ballot will mark a coming-of-age moment for the euroskeptic far-right movement. The elections start Thursday May 23, 2019 and run through Sunday May 26 and are taking place in all of the European Union’s 28 nations. (AP Photo/Luca Bruno, File)
May 22, 2019 - 2:21 am
BRUSSELS (AP) — The European Parliament elections that start Thursday have never been so hotly anticipated, with many predicting that this year's ballot will mark a coming-of-age moment for the euroskeptic far-right movement. The elections, which run through Sunday and take place in all of the...
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FILE - In this April 29, 2019, file photo, Palestinian President Mahmoud Abbas, center, chairs a session of the weekly cabinet meeting in the West Bank city of Ramallah. The Trump administration will unveil the first phase of its long-awaited blueprint for Mideast peace next month at a conference in the region designed to highlight economic benefits that could be reaped if the Israeli-Palestinian conflict is resolved, the White House said Sunday, May 19. Jared Kushner and Jason Greenblatt, envoy of international negotiations, have been leading efforts to write the plan, but so far, there's been no participation from the Palestinians. (AP Photo/Majdi Mohammed, Pool, File)
May 20, 2019 - 8:41 am
JERUSALEM (AP) — The Palestinian prime minister said Monday that any American peace plan that ignores the Palestinian people's aspirations for an independent state is doomed to fail. Mohammad Shtayyeh's comments immediately cast a cloud over the American-led Mideast peace conference expected to...
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FILE - In this March 31, 2008 file photo, Argentina's President Cristina Fernandez, left, talks to her Chief of Cabinet, Alberto Fernandez, during a meeting at the presidential palace in Buenos Aires. Cristina Fernandez announced on Saturday her candidacy for vice president in October's general elections on Saturday, May 18, 2019, and that Alberto Fernández will run for the presidency against conservative President Mauricio Macri. (AP Photo/Natacha Pisarenko, File)
May 18, 2019 - 2:17 pm
BUENOS AIRES, Argentina (AP) — Argentina's former President Cristina Fernández announced on Saturday her candidacy for vice president in October's general elections, a surprising move that now puts a more moderate challenger at the helm of the presidential ticket. In a video posted on Twitter on...
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A currency trader watches the computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 15, 2019. Asian stocks followed Wall Street higher on Wednesday after President Donald Trump downplayed his escalating tariff war with Beijing and said a settlement is possible.(AP Photo/Lee Jin-man)
May 15, 2019 - 6:55 am
BEIJING (AP) — Stock markets mostly turned lower in European trading Wednesday over the trade dispute between the U.S. and China, even though President Donald Trump said a settlement was still possible. London's FTSE 100 slipped 0.1% to 7,235 while France's CAC 40 shed 0.4% to 5,321. Despite a...
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In this Feb. 24, 2017, photo, a factory worker assembles the case of an air conditioner on an assembly line at a Haier factory in Jiaozhou near Qingdao in eastern China's Shandong Province. U.S. President Donald Trump's latest tariff hike on Chinese goods took effect Friday, May 10, 2019, and Beijing said it would retaliate, escalating a battle over China's technology ambitions and other trade tensions. (AP Photo/Mark Schiefelbein)
May 11, 2019 - 1:06 am
WASHINGTON (AP) — The U.S. and China have gone through rough patches before. The American public recoiled — and the U.S. government imposed sanctions — after the People's Liberation Army slaughtered hundreds of civilians in the streets of Beijing in June 1989, crushing the Tiananmen Square protests...
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FILE - In this April 17, 2019 file photo, people wait in line to buy chicken at a government-run grocery store in Havana, Cuba. The Cuban government said Friday, May 10, that it will begin widespread rationing of chicken, eggs, rice, beans, soap and other basic products in the face of a grave economic crisis. (AP Photo/Ramon Espinosa, File)
May 10, 2019 - 9:41 pm
HAVANA (AP) — The Cuban government announced Friday that it is launching widespread rationing of chicken, eggs, rice, beans, soap and other basic products in the face of a grave economic crisis. Commerce Minister Betsy Díaz Velázquez told the state-run Cuban News Agency that various forms of...
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FILE - In this May 1, 2019, file photo Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. Powell says the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility. (AP Photo/Patrick Semansky, File)
May 09, 2019 - 11:28 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Thursday the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility. In a speech at a Fed research conference, Powell said that incomes have grown more slowly for middle-class...
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