Government debt

An attendant shows an automotive product to a driver in front of a display with new fuel prices at a gas station in Quito, Ecuador, Tuesday, Oct. 15, 2019. The recent strike that paralyzed the Andean nation for almost two weeks, has left a gaping hole in Ecuador’s economy, this after President Lenin Moreno called back his elimination of fuel subsidies which provoked the violent protests. (AP Photo/Dolores Ochoa)
October 15, 2019 - 3:16 pm
QUITO, Ecuador (AP) — President Lenín Moreno survived the toughest political crisis of his presidency by negotiating an end to indigenous anti-austerity protests. Now he faces an even tougher challenge. Ten years of populist rule and a drop in oil prices have left Ecuador with a $64 billion public...
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One of the protesters shakes hands with a security officer as they celebrate the announcement that the government cancelled an austerity package that triggered violent protests, in Quito, Ecuador, Sunday, Oct. 13, 2019. Ecuadorian President Lenin Moreno and leaders of the country's indigenous peoples have struck a deal to cancel the disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left several people dead. (AP Photo/Dolores Ochoa)
October 13, 2019 - 11:19 pm
QUITO, Ecuador (AP) — Ecuador celebrated a deal President Lenín Moreno and indigenous leaders struck late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead. Under the agreement, Moreno will withdraw the...
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October 07, 2019 - 3:57 pm
WASHINGTON (AP) — The government ran a budget deficit of just under $1 trillion in the just-closed fiscal year, the Congressional Budget Office said Monday. The $984 billion deficit tally for 2019 came in more than $200 billion more than last year's, despite very low unemployment and continuing...
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FILE - This Aug. 23, 2019, file photo shows the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Oct. 2. (AP Photo/Frank Franklin II, File)
October 02, 2019 - 11:06 am
NEW YORK (AP) — Stocks tumbled again on Wednesday as worries about a weakening global economy boomeranged around the world. The S&P 500 lost as much as 2.2% in afternoon trading and was on track for its first back-to-back loss of at least 1% since late last year, when fears about a possible...
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Christine Lagarde, President-elect of the European Central Bank, speaks at the Bloomberg Global Business Forum, Wednesday, Sept. 25, 2019 in New York. (AP Photo/Mark Lennihan)
September 25, 2019 - 2:33 pm
FRANKFURT, Germany (AP) — A member of the European Central Bank's top leadership has resigned after publicly questioning the need for the bank's stimulus efforts, shaking up the institutions' top executive body amid public criticism of its policies by some of its own policymakers. Sabine...
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A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, Sept. 24, 2019. Shares have edged higher in Asia as U.S. Treasury Secretary Steven Mnuchin confirmed that China-U.S. trade talks were due to resume in two weeks’ time. The Shanghai Composite index rose 0.8% and shares also rose in Tokyo and Hong Kong. (AP Photo/Koji Sasahara)
September 24, 2019 - 12:52 am
BANGKOK (AP) — Shares edged higher in Asia on Tuesday after U.S. Treasury Secretary Steven Mnuchin confirmed that China-U.S. trade talks were due to resume in two weeks' time. The Shanghai Composite index rose 0.3% to 2,985.34 while Japan's Nikkei 225 added 0.1% to 22,098.84. Markets in China were...
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Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. (AP Photo/Patrick Semansky)
September 18, 2019 - 1:03 pm
The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans' personal finances, experts say. That's because the reduction doesn't offset the increases of recent years. And as the key rate creeps closer...
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John Wilson, with the New York Stock Exchange, monitors stock activity, Monday, Sept. 16, 2019. Global stock markets sank Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. (AP Photo/Mark Lennihan)
September 16, 2019 - 8:36 am
NEW YORK (AP) — Stock markets around the world took an apprehensive step backward Monday after an attack on Saudi Arabia's biggest oil processing facility sent the price of oil surging. The attack, which Yemeni rebels said they were behind, raised worries about the risk of more disruptions for oil...
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Traders Edward Curran, left, and Gregory Rowe work on the floor of the New York Stock Exchange, Friday, Sept. 13, 2019. Stocks are having a mixed performance early on Wall Street Friday as gains in banks and energy companies are offset somewhat by a drop in technology stocks. (AP Photo/Richard Drew)
September 13, 2019 - 9:06 am
NEW YORK (AP) — U.S. stocks gave a mixed performance in midday trading on Friday as health care, banks and industrial companies gained ground and offset a decline in technology stocks. Still, stocks are on track for their third straight weekly gain, having been bolstered in prior sessions by an...
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In this Sept. 10, 2019, photo, Senate Majority Leader Mitch McConnell of Ky., arrives for a news conference following a Senate policy luncheon on Capitol Hill in Washington. Fights over abortion and President Donald Trump’s U.S.-Mexico border wall have thrown Senate efforts to advance $1.4 trillion worth of agency spending bills into disarray, threatening one of Washington’s few bipartisan accomplishments this year. (AP Photo/Andrew Harnik)
September 11, 2019 - 9:21 pm
WASHINGTON (AP) — Fights over abortion and President Donald Trump's U.S.-Mexico border wall have thrown Senate efforts to advance $1.4 trillion worth of agency spending bills into disarray, threatening one of Washington's few bipartisan accomplishments this year. A government shutdown remains...
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