Economic policy

In this Monday, March 2, 2020 file photo, European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier, right, speaks with the British Prime Minister's Europe adviser David Frost during the start of the first round of post -Brexit trade talks between the EU and the UK, at EU headquarters in Brussels. Slowed by the coronavirus pandemic and whipped up by a British-imposed deadline, talks between the EU and the UK on a future relationship in the wake of Brexit are struggling to make significant progress. A third negotiation session is drawing to a close on Friday, May 15, 2020 but so far, just over 100 days after the official exit of the UK from the EU, fundamental gaps still exist. (Olivier Hoslet, Pool Photo via AP, File)
June 03, 2020 - 8:42 am
LONDON (AP) — The Bank of England is reminding British banks to prepare for the possibility that the U.K. and the European Union will fail to agree on a trade deal by the end of the year, amid few signs of progress in discussions between the two sides. In a statement Wednesday following reports...
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German Chancellor Angela Merkel, right, and German Finance Minister Olaf Scholz, left, attend the weekly cabinet meeting at the Chancellery in Berlin, Germany, Wednesday, June 3, 2020. (Michael Kappeler/DPA via AP, Pool)
June 03, 2020 - 6:40 am
BERLIN (AP) — Europe's unemployment rate ticked up modestly last month, contained by use of labor programs that have kept millions of workers on payrolls and as some people stopped looking for work, official data showed Wednesday. The jobless rate in the 19 countries that use the euro rose to 7.3%...
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Na Seung-sik, deputy minister of the Ministry of Trade, Industry and Energy's Office of Trade and Investment, speaks during a briefing at the government complex in Sejong, South Korea, Tuesday, June 2, 2020. Reigniting a bitter row between key U.S. allies, South Korea on Tuesday said it will reopen a complaint filed with the World Trade Organization over Japan’s tightened controls on technology exports to its companies, blaming Tokyo for an alleged lack of commitment in resolving mutual grievances. (Kang Jong-min/Newsis via AP)
June 02, 2020 - 3:27 am
SEOUL, South Korea (AP) — Reigniting a bitter row between key U.S. allies, South Korea on Tuesday said it will reopen a complaint filed with the World Trade Organization over Japan’s tightened controls on technology exports to its companies, blaming Tokyo for an alleged lack of commitment in...
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FILE - In this May 14, 2020, file photo security officers walk in front of the Supreme Court in Washington. (AP Photo/Andrew Harnik, File)
June 01, 2020 - 12:48 pm
WASHINGTON (AP) — The Supreme Court on Monday upheld the oversight board established by Congress to help Puerto Rico out of a devastating financial crisis that has been exacerbated by the coronavirus outbreak, recent earthquakes and damage from Hurricane Maria in 2017. The justices reversed a lower...
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Aircrafts of the German airline Lufthansa are parked at the airport in Munich, Germany, Tuesday, May 26, 2020. Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. (AP Photo/Matthias Schrader)
June 01, 2020 - 10:40 am
BERLIN (AP) — The supervisory board of Lufthansa has given its blessing to a 9 billion-euro ($10 billion) government bailout plan thrashed out between the airline, the German government and the European Union. In a statement Monday, the German carrier quoted Lufthansa Chairman Karl-Ludwig Kley...
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President Donald Trump speaks in the Rose Garden of the White House, Friday, May 29, 2020, in Washington. (AP Photo/Alex Brandon)
May 30, 2020 - 12:45 pm
WASHINGTON (AP) — President Donald Trump has announced what he said are “significant actions” regarding U.S. relations with Hong Kong. But the measures are still just a warning, at least for now. He said he would direct his administration to begin eliminating the policies that give the semi-...
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Aircrafts of the German airline Lufthansa are parked at the airport in Munich, Germany, Tuesday, May 26, 2020. Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. (AP Photo/Matthias Schrader)
May 30, 2020 - 4:50 am
BERLIN (AP) — German flagship airline Lufthansa agreed Saturday to a compromise worked out between the government and the European Union, overcoming a major hurdle toward final approval of a 9 billion-euro ($10 billion) bailout from Berlin. Lufthansa said in a statement it had agreed to the...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 29, 2020. Shares fell Friday in Asia after Wall Street’s rally petered out amid worries about flaring U.S.-China tensions. (AP Photo/Eugene Hoshiko)
May 29, 2020 - 5:01 pm
Stocks closed out a solid week on Wall Street Friday with a late-afternoon rebound after worries that President Donald Trump would reignite a costly trade war with China faded. The benchmark S&P 500 index rose 0.5%, recovering from a 1% slide, after Trump outlined several actions in response to...
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Technicians of the German airline Lufthansa work on an aircraft at the airport in Munich, Germany, Tuesday, May 26, 2020. Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. (AP Photo/Matthias Schrader)
May 29, 2020 - 7:41 am
BRUSSELS (AP) — The EU competition chief said Friday that she is not “creating extra hurdles" for Lufthansa after the airline balked at accepting a 9 billion-euro German government rescue package because of what it said were tough EU conditions. Margrethe Vestager said that EU rules require...
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FILE - In this Feb. 20, 2020, file photo President Donald Trump arrives to speak at a campaign rally at The Broadmoor World Arena in Colorado Springs, Colo. As the economy faces a once-in-a-century recession, with more than 38 million people out of work, Trump is increasingly talking up a future recovery that probably won't materialize until after the November election. (AP Photo/Evan Vucci, File)
May 29, 2020 - 12:06 am
WASHINGTON (AP) — The White House has taken the unusual step of deciding not to release an updated economic forecast as planned this year, a fresh sign of the administration's anxiety about how the coronavirus has ravaged the nation just months before the election. The decision, which was confirmed...
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