Economic policy

FILE - In this Friday, June 5, 2020 file photo, European Union's chief Brexit negotiator Michel Barnier gives a news conference after Brexit talks, in Brussels, Belgium. The European Union’s chief Brexit negotiator said Monday Sept. 7, 2020, he is going to seek “clarification” from his counterpart in the U.K. over reports that the British government may be planning to renege on commitments made ahead of its departure from the bloc earlier this year. (Yves Herman, Pool Photo via AP, File)
September 08, 2020 - 11:02 am
LONDON (AP) — The U.K. indicated Tuesday that it was prepared to break an international agreement as post-Brexit trade discussions with the European Union resumed on an increasingly acrimonious tone. With concerns mounting that the talks could be just weeks from collapse, the U.K. urged the EU to...
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File - In this Thursday, Sept. 3 2020 file picture the moon shines over the European Central Bank in Frankfurt, Germany. Low inflation, in negative territory for the first time since 2016, is leading analysts to think the ECB will have to add more stimulus to support what could be a drawn-out, difficult recovery from the virus outbreak in the 19 countries that use the euro. (AP Photo/Michael Probst, File)
September 08, 2020 - 6:09 am
FRANKFURT, Germany (AP) — A startling fall in consumer prices and a stronger euro have increased pressure on the European Central Bank to provide another blast of monetary stimulus in support of a drawn-out economic rebound from the pandemic recession. A 0.2% annual drop in prices in August in the...
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People take elevators at a shopping building in Tokyo on Aug. 24, 2020. Japan’s economy shrank at a record, even worse rate in the April-June quarter than initially estimated. The Cabinet Office said Tuesday, Sept. 8, 2020, Japan’s seasonally adjusted real gross domestic product contracted at an annualized rate of 28.1%, worse than the 27.8% figure given last month. (AP Photo/Eugene Hoshiko)
September 07, 2020 - 9:27 pm
TOKYO (AP) — Japan’s economy shrank at a record, even worse rate in the April-June quarter than initially estimated. The Cabinet Office said Tuesday Japan’s seasonally adjusted real gross domestic product contracted at an annualized rate of 28.1%, worse than the 27.8% figure given last month. The...
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FILE - In this file photo dated Monday, May 18, 2020, traffic moves along the M6 motorway near Birmingham, England. Trade associations representing British freight haulers and storage companies are asking for urgent talks with government leaders to allay concerns over preparations for Brexit, that may threaten supplies of critical goods caused by border controls and computer systems. (AP Photo/Rui Vieira, FILE)
September 07, 2020 - 10:17 am
BRUSSELS (AP) — The European Union warned the British government on Monday that any attempt to renege on commitments made ahead of its departure from the bloc earlier this year could put at risk the hard-won peace in Northern Ireland. The comments show growing signs that trust between the two sides...
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FILE - In this file photo dated Wednesday, Oct. 16, 2019, United Kingdom's Brexit envoy David Frost arrives at EU headquarters in Brussels. Britain’s chief Brexit negotiator Frost is quoted in a newspaper Sunday Sept. 6, 2020, saying Britain wants “to get back the powers to control our borders and that is the most important thing”, as he talks tough ahead of crucial Brexit trade talks, saying the U.K. was “not afraid to walk away.” (AP Photo/Francisco Seco, FILE)
September 06, 2020 - 8:02 am
LONDON (AP) — Britain’s chief Brexit negotiator talked tough ahead of a crucial round of post-Brexit trade talks, saying the U.K. was “not afraid to walk away” if the European Union does not give ground on key issues. David Frost told the Mail on Sunday newspaper that Britain wants “to get back the...
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FILE - Republican Ohio state Rep. Larry Householder sits at the head of a legislative session as Speaker of the House, in Columbus, Ohio, Wednesday, Oct. 30, 2019. Householder, who is accused in a $60 million federal bribery probe, was removed from his leadership position on July 30, 2020. (AP Photo/John Minchillo, File)
September 03, 2020 - 1:35 pm
COLUMBUS, Ohio (AP) — The former speaker of the Ohio House pleaded not guilty Thursday to a federal corruption charge tied to an alleged $60 million bribery scheme. Republican Rep. Larry Householder and four others are accused of shepherding $60 million in energy company money for personal and...
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September 03, 2020 - 8:30 am
WASHINGTON (AP) — The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount. The Commerce Department reported that the July deficit, the gap between what America buys and what it sells to foreigners, was 18.9% higher than the June...
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Employees exit the ByteDance headquarters in Beijing, China on Friday, Aug. 7, 2020. President Donald Trump on Thursday ordered a sweeping but unspecified ban on dealings with the Chinese owners of consumer apps TikTok and WeChat, although it remains unclear if he has the legal authority to actually ban the apps from the U.S. TikTok is owned by Chinese company ByteDance. (AP Photo/Ng Han Guan)
September 01, 2020 - 7:32 pm
NEW YORK (AP) — Sale talks for TikTok’s U.S. operations have been complicated by the key question of whether the app’s core algorithms can be included as part of a deal, according to a report in The Wall Street Journal that cited unidentified people familiar with the matter. Those algorithms decide...
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Britain's Prime Minister Boris Johnson returns to Downing Street after attending a cabinet meeting in London, Tuesday, Sept. 1, 2020. Britain's Parliament resumes Tuesday following the summer break. (AP Photo/Kirsty Wigglesworth)
September 01, 2020 - 9:32 am
LONDON (AP) — British lawmakers returned to Parliament on Tuesday after a six-week summer break, with Brexit and the coronavirus pandemic setting the stage for a turbulent fall. Prime Minister Boris Johnson, who is trying to coax British workers back to their offices to boost the economy, held a...
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FILE - In this Wednesday, Dec. 5, 2018 file photo, a man walks on a mountain of plastic bottles as he carries a sack of them to be sold for recycling after weighing them at the dump in the Dandora slum of Nairobi, Kenya. The oil industry in 2020 has asked the United States to pressure Kenya to change its world-leading stance against the plastic waste that litters Africa, according to environmentalists who fear the continent will be used as a dumping ground. (AP Photo/Ben Curtis, File)
September 01, 2020 - 8:15 am
NAIROBI, Kenya (AP) — The oil industry has asked the United States to pressure Kenya to change its world-leading stance against the plastic waste that litters Africa, according to environmentalists who fear the continent will be used as a dumping ground. The request from the American Chemistry...
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