Government budgets

FILE - In this Tuesday, March 24, 2020 file photo, Gov. Andrew Cuomo speaks during a news conference against a backdrop of medical supplies at the Jacob Javits Center that will house a temporary hospital in response to the COVID-19 outbreak in New York. Cuomo, a Democrat, ripped the GOP-led Senate's version of the coronavirus package as "terrible" for New York and said, based on preliminary reports, that it would send the state some $4 billion in direct aid. (AP Photo/John Minchillo)
March 27, 2020 - 4:42 pm
The coronavirus is pounding state governments with a financial one-two punch, costing them millions to try to contain the disease just as businesses are shutting down and tax revenue is collapsing. The sharp drop in revenue could jeopardize some states' ability to provide basic services. States...
Read More
A man walks past a banner showing Saudi King Salman, right, and his Crown Prince Mohammed bin Salman, outside a mall in Jiddah, Saudi Arabia, Saturday, March 7, 2020. (AP Photo/Amr Nabil)
March 19, 2020 - 2:57 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia said the government will cut spending by 5%, or about $13.3 billion, to offset the impact of plunging oil prices and the effects of the new coronavirus on its economic outlook and deficit. In a statement carried by the state-run Saudi Press Agency...
Read More
European Commission President Ursula von der Leyen addresses the media after a video-conference with G7 leaders at the European Council building in Brussels, Monday, March 16, 2020. European Commission President Ursula von der Leyen wants the European Union to put in place a 30-day ban on people entering the bloc for non-essential travel reasons in an effort to curb the spread of coronavirus. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Olivier Matthys)
March 16, 2020 - 2:21 pm
BRUSSELS (AP) — France is imposing nationwide restrictions on how far from their homes people can go and for what purpose as part of the country's strategy to stop the spread of the new coronavirus. French President Emmanuel Macron said that "movements will be very strongly reduced” for 15 days...
Read More
Minister of Health Patty Hajdu looks on as Prime Minister Justin Trudeau speaks during a news conference in Ottawa, Wednesday March 11, 2020. Canada is announcing $1 billion ($730 million) in funding to help health-care workers cope with the increasing number of new cases of coronavirus and to help Canadian workers who are forced to isolate themselves. (Adrian Wyld/The Canadian Press via AP)
March 13, 2020 - 11:28 am
TORONTO (AP) — Canada shut down Parliament and advised against all nonessential travel outside the country while Prime Minister Justin Trudeau governed remotely from his home, in self-imposed quarantine after his wife tested positive for the new coronavirus. Dr. Theresa Tam, the chief public health...
Read More
Britain's Chancellor of the Exchequer Rishi Sunak, centre, stands outside No 11 Downing Street and holds up the traditional red box that contains the budget speech for the media, he will then leave to make budget speech to House of Commons, in London, Wednesday, March 11, 2020. Britain's Chancellor of the Exchequer Rishi Sunak will announce the first budget since Britain left the European Union. Sunak is flanked by his team of treasury ministers . (AP Photo/Frank Augstein)
KNSS News
March 11, 2020 - 10:03 am
LONDON (AP) — Britain took dramatic steps on Wednesday to cushion the economic shock of the coronavirus outbreak, as the government announced a 30 billion-pound ($39 billion) package of measures to keep individuals and businesses afloat and the Bank of England slashed its key interest rate to a...
Read More
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 - 12:00 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...
Read More
Secretary of Health and Human Services Alex Azar listens as President Donald Trump talks to reporters during a signing of a spending bill to combat the coronavirus, at the White House, Friday, March 6, 2020, in Washington. (AP Photo/Evan Vucci)
KNSS News
March 06, 2020 - 2:08 pm
SEOUL, South Korea (AP) — The Latest on the virus outbreak (all times local to Seoul): 5:10 a.m. Authorities in France and Spain are reinforcing efforts to slow the spread of the new coronavirus among vulnerable populations. French Prime Minister Edouard Philippe announced Friday that all nurseries...
Read More
Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia, arrives for a meeting of the Organization of the Petroleum Exporting Countries, OPEC, and non OPEC members at their headquarters in Vienna, Austria, Friday, March 6, 2020. (AP Photo/Ronald Zak)
March 06, 2020 - 1:19 pm
VIENNA (AP) — OPEC and key ally Russia failed to agree Friday on a cut to oil production that would have contained the plunge in the price of crude caused by the new coronavirus outbreak's massive disruption to world business. The price of oil fell sharply in international markets as a result, with...
Read More
Sen. Cory Gardner, R-Colo., speaks before an appearance by President Donald Trump at a campaign rally Thursday, Feb. 20, 2020, in Colorado Springs, Colo. (AP Photo/David Zalubowski)
March 04, 2020 - 9:18 pm
WASHINGTON (AP) — Senate leaders and the Trump administration have reached an election-year deal to double spending on a popular conservation program and devote more than a $1 billion a year to clear a growing maintenance backlog at national parks. The deal, announced Wednesday by senators from...
Read More
Swedish climate activist Greta Thunberg, right, and European Commission President Ursula von der Leyen attend the weekly College of Commissioners meeting at EU headquarters in Brussels, Wednesday, March 4, 2020. European Commission President Ursula von der Leyen, who has put climate change at the top of her priorities and pledged to make Europe the first climate neutral continent by 2050, will present her plans on Wednesday. (AP Photo/Virginia Mayo)
March 04, 2020 - 7:51 am
BRUSSELS (AP) — Amid fierce criticism from environmental activists, the European Commission unveiled plans Wednesday for its first ever climate law, which will act as the basis of the European Union's aim to make the 27-country bloc climate neutral by 2050. Under its Green Deal agenda, the EU's...
Read More

Pages