Financial crisis

U.S. President Donald Trump, left, is greeted by President of France Emmanuel Macron as he arrives to the G7 Summit in Biarritz, France, Saturday, Aug. 24, 2019. (Sean Kilpatrick/The Canadian Press via AP)
August 25, 2019 - 12:20 am
BIARRITZ, France (AP) — President Donald Trump disputed reports Sunday that he faces a tense reception from world leaders at the Group of Seven summit in France, as they meet amid mounting anxiety of a global economic slowdown. Trump is trying to use the summit to rally global leaders to do more to...
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French President Emmanuel Macron welcomes President Donald Trump at the Biarritz lighthouse, southwestern France, ahead of a working dinner Saturday, Aug.24, 2019. Shadowed by the threat of global recession, a U.S. trade war with China and the possibility of one against Europe, the posturing by leaders of the G-7 rich democracies began well before they stood together for a summit photo. (AP Photo/Markus Schreiber)
August 24, 2019 - 11:54 pm
BIARRITZ, France (AP) — The Latest on President Donald Trump at the Group of Seven summit. (all times local): 8:45 a.m. President Donald Trump says he has "second thoughts about everything" when asked if he regrets escalating a trade war with China. Trump tells reporters at the Group of Seven...
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French President Emmanuel Macron, right right, flanked by President of the Nouvelle-Aquitaine region Alain Rousset, center, samples local produce and wine, as he tours the exhibition hall above the international press center on the opening day of the G7 summit, in Anglet, southwestern France, Saturday Aug.24, 2019. U.S. President Donald Trump and the six other leaders of the Group of Seven nations will begin meeting Saturday for three days in the southwestern French resort town of Biarritz. France holds the 2019 presidency of the G-7, which also includes Britain, Canada, Germany, Italy and Japan. Biarritz. (Ian Langsdon, Pool via AP)
August 24, 2019 - 5:16 am
BIARRITZ, France (AP) — The Latest on President Donald Trump (all times local): 2:10 p.m. President Donald Trump and French President Emmanuel Macron (eh-mahn-yoo-EHL' mah-KROHN') are set to have lunch before the official start of the Group of Seven summit in Biarritz — and amid fresh trade...
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President Donald Trump speaks with reporters as he walks to Marine One on the South Lawn of the White House, Friday, Aug. 23, 2019, in Washington. Trump is en route to the G-7 summit in France. (AP Photo/Alex Brandon)
August 23, 2019 - 10:10 pm
BIARRITZ, France (AP) — President Donald Trump heads into a summit with global economic powers confronting the consequences of his preference for going it alone in a polarized nation and an interconnected world. The Group of Seven nations are gathering in a French beach resort town at one of the...
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Screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rates are seen at the foreign exchange dealing room in Seoul, South Korea, Friday, Aug. 23, 2019. Asian stock markets were mixed on Friday after Wall Street declined ahead of a closely watched speech by the U.S. Federal Reserve chairman. (AP Photo/Lee Jin-man)
August 23, 2019 - 8:01 am
WASHINGTON (AP) — The Latest on the gathering of central bankers in Jackson Hole, Wyoming (all times local): 11 a.m. Reacting to Federal Reserve Chairman Jerome Powell's speech in Jackson Hole, Wyoming, President Donald Trump, who has relentlessly attacked Powell and the Fed for its rate policies,...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. Powell is scheduled to speak at the annual Fed conference in Jackson Hole, Wyo., on Friday, Aug. 23. (AP Photo/Manuel Balce Ceneta, File)
August 23, 2019 - 7:18 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Friday that President Donald Trump's trade wars have complicated the Fed's ability to set interest rate policies but offered no clear signal about further interest rate cuts. Speaking to a gathering of central bankers in Jackson Hole,...
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President Donald Trump smiles while speaking during a Presidential Medal of Freedom ceremony for former NBA basketball player and coach Bob Cousy, of the Boston Celtics, in the Oval Office of the White House, Thursday, Aug. 22, 2019, in Washington. (AP Photo/Alex Brandon)
August 22, 2019 - 3:18 pm
WASHINGTON (AP) — President Donald Trump and other leaders of the world's most industrialized nations will open their annual G-7 summit over the weekend by discussing the global economy. White House officials said Thursday that the session was added to Sunday's schedule at the last minute at Trump'...
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August 22, 2019 - 2:23 pm
PROLE, Iowa (AP) — As the U.S. economy flashes recession warning signs, Democratic presidential candidates are leveling preemptive blame on President Donald Trump. They argue that his aggressive and unpredictable tariff policies are prompting gloomy economic forecasts. Yet they're also straining to...
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German Chancellor Angela Merkel, right, and German Finance Minister Olaf Scholz, left, talk as they arrive for the weekly cabinet meeting at the Chancellery in Berlin, Germany, Wednesday, Aug. 21, 2019. The German government sold 30-year bonds at a negative interest rate Wednesday Aug. 21, 2019, in a sign of the clouds over markets and future growth as well as increased expectations that more central bank stimulus is likely on the way.(AP Photo/Michael Sohn)
August 21, 2019 - 11:55 am
FRANKFURT, Germany (AP) — Imagine lending money to someone and having to pay for the privilege of doing so. Or being asked to invest and informed of how much money you'll lose. Sounds absurd, but increasingly that's the global bond market these days. A rising share of government and corporate bonds...
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Argentina's President Mauricio Macri, left, talks to new Argentina's Treasury Minister Hernan Lacunza at the government house in Buenos Aires, Argentina, Tuesday, Aug. 20, 2019. Lacunza replaced Nicolas Dujove after the minister resigned. (AP Photo/Natacha Pisarenko)
August 20, 2019 - 7:01 am
BUENOS AIRES, Argentina (AP) — Argentina's new treasury minister says he'll do everything to guarantee the stability of the peso after the local currency's recent crash. Hernán Lacunza also said Tuesday that the government will meet commitments with the International Monetary Fund that Argentina...
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