Economic policy

European Central Bank President Christine Lagarde talks to German Finance Minister Olaf Scholz during a meeting of European Union Finance Ministers in Eurogroup format at the Justus Lipsius building in Brussels, Monday, Feb. 17, 2020. (AP Photo/Francisco Seco)
March 11, 2020 - 9:30 am
FRANKFURT, Germany (AP) — Suddenly staring recession in the face, European leaders are lining up an array of tax breaks, financial support for companies and likely central bank measures in the hope of preventing the coronavirus outbreak from dealing long-term damage to the economy. Expectations...
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A man wearing a protective face mask walks by statues of bulls on display outside a bank in Beijing, Tuesday, March 10, 2020. Asian stock markets took a breather from recent steep declines on Tuesday, with several regional benchmarks gaining more than 1% after New York futures reversed on news that President Donald Trump plans to ask Congress for a tax cut and other quick measures to ease the pain of the virus outbreak. (AP Photo/Andy Wong)
March 11, 2020 - 5:20 am
TOKYO (AP) — European markets opened higher Wednesday after Asian shares mostly declined, as governments were ramping up aid for economies reeling from the virus outbreak. France's CAC 40 gained 2.5% to 4,750.03, while Germany's DAX rose 2.3% to 10,712.97. Britain's FTSE 100 added 1.4% to 6,043.49...
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A man wears a mask as he walks in the train station in Florence, Italy, Tuesday, March 10, 2020. Italy entered its first day under a nationwide lockdown after a government decree extended restrictions on movement from the hard-hit north to the rest of the country to prevent the spreading of coronavirus. (Jennifer Lorenzini/LaPresse via AP)
March 10, 2020 - 7:52 pm
Seven weeks after the first case of COVID-19 was confirmed in the U.S., the spread of the virus that causes the disease has done widespread damage to critical economic sectors in the country. Airlines are cutting capacity, people are working from home, major public events that raise millions of...
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President Donald Trump, left, standing with Vice President Mike Pence and Treasury Secretary Steven Mnuchin, right, talks to reporters about the coronavirus outbreak on Tuesday, March 10, 2020, on Capitol Hill in Washington. (AP Photo/Susan Walsh)
AP News
March 10, 2020 - 6:56 pm
WASHINGTON (AP) — President Donald Trump's proposed payroll tax break met with bipartisan resistance Tuesday on Capitol Hill as pressure mounts on the administration and Congress to work more vigorously to contain the coronavirus outbreak and respond to the financial fallout. Flanked by his...
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FILE - In this March 3, 2020, file photo, the New National Stadium, a venue for the opening and closing ceremonies at the Tokyo 2020 Olympics, is seen from Shibuya Sky observation deck in Tokyo. The tentacles of cancelling the Tokyo Olympics — or postponing or staging it in empty venues — would reach into every corner of the globe, much like the spreading virus that now imperils the opening ceremony on July 24. (AP Photo/Jae C. Hong, File)
March 10, 2020 - 6:57 am
TOKYO (AP) — The tentacles of canceling the Tokyo Olympics — or postponing or staging it in empty venues — would reach into every corner of the globe, much like the spreading virus that now imperils the opening ceremony on July 24. The International Olympic Committee and local organizers say the...
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Democratic presidential candidate U.S. Sen. Bernie Sanders, I-Vt., speaks during a campaign rally at the University of Michigan in Ann Arbor, Mich., Sunday, March 8, 2020. (AP Photo/Paul Sancya)
March 09, 2020 - 10:48 pm
DETROIT (AP) — Bernie Sanders proved his 2016 presidential bid was serious with an upset victory in Michigan powered by his opposition to free trade and appeal among working-class voters. Four years later, the same state could either revive the Vermont senator's campaign or relegate him to the role...
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In this Dec. 26, 2019, photo, fruits are sold at a shop in Tokyo. Japan's economy contracted at a dismal 7.1% annual rate during the October-December period, worse than the initial estimate, raising fears the world's third largest economy could be headed to a recession. (AP Photo/Eugene Hoshiko)
March 09, 2020 - 6:20 am
TOKYO (AP) — Japan's economy contracted at a dismal 7.1% annual rate during the October-December period, worse than the initial estimate, raising fears the world's third largest economy could be headed to a recession. The contraction was the first for Japan in more than a year and followed an Oct...
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FILE - In this Jan. 7, 2020 file photo, Brazil's President Jair Bolsonaro speaks to journalists after meeting with military commanders at the Defense Ministry in Brasilia, Brazil. President Donald Trump and Bolsonaro are expected to discuss the crisis in Venezuela, a possible free-trade agreement between their countries and Chinese telecom company Huawei over a working dinner Saturday, March 7 at Trump's resort in Florida. (AP Photo/Eraldo Peres, File)
March 07, 2020 - 10:52 pm
PALM BEACH, Fla. (AP) — President Donald Trump would not commit Saturday to continue holding off on hitting Brazil with tariffs on imports of its aluminum and steel, saying “I don't make any promises.” Trump commented in the presence of Brazilian President Jair Bolsonaro, who Trump was hosting for...
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Democratic presidential candidate Sen. Bernie Sanders, I-Vt., waves to supporters after speaking at a campaign rally in Chicago's Grant Park Saturday, March 7, 2020. (AP Photo/Charles Rex Arbogast)
March 07, 2020 - 9:29 pm
DEARBORN, Mich. (AP) — The Democratic presidential primary is down to two major candidates, and it shows. Former Vice President Joe Biden and Vermont Sen. Bernie Sanders are spending their first weekend as their party's last top White House contenders increasingly taking aim at one another. Each...
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In this March 5, 2020 photo released by Xinhua News Agency, a mobile crane prepares to move containers at a logistic station of Shenyang East Railway Station in Shenyang, northeast China's Liaoning Province. China's exports fell by double digits in January and February as anti-virus controls closed factories, while imports sank by a smaller margin. (Pan Yulong/Xinhua via AP)
March 07, 2020 - 1:17 am
BEIJING (AP) — China’s exports fell by double digits in January and February as anti-virus controls closed factories, while imports sank by a smaller margin. Exports tumbled 17.2% from a year earlier to $292.4 billion, a sharp reverse from December’s 7.8% rise, customs data showed Saturday. Imports...
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