Government debt

A currency trader passes by monitors showing the Korea Composite Stock Price Inde, and foreign exchange rate at the foreign exchange dealing room of a KB Kookmin Bank branch in Seoul, South Korea, Thursday, Jan. 14, 2021. Shares were mostly higher in Asia on Thursday after a lackluster day on Wall Street, where major indexes spent the day drifting up and down near their record highs. (AP Photo/Ahn Young-joon)
January 13, 2021 - 9:10 pm
Shares were mostly higher in Asia on Thursday after a lackluster day on Wall Street, where major indexes spent the day drifting up and down near their record highs. Benchmarks rose in Hong Kong, Tokyo and Sydney but fell in Shanghai. U.S. futures were trading slightly higher after the U.S. House of...
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FILE - In this Dec. 10, 2020 file photo, Treasury Secretary Steven Mnuchin testifies before a Congressional Oversight Commission hearing on Capitol Hill in Washington. Mnuchin arrived in Sudan, Wednesday, Dec. 6, 2021, the first visit by a senior American official since President Donald Trump removed the African country from the list of state sponsors of terrorism. The move was a key incentive for the government in Khartoum to normalize relations with Israel. (Sarah Silbiger/The Washington Post via AP, Pool, File)
January 06, 2021 - 6:33 am
CAIRO (AP) — The U.S. and Sudan on Wednesday agreed to settle the African’s country’s debt to the World Bank, widely seen as a key step toward the nation’s economic recovery after the 2019 overthrow of longtime autocrat Omar al-Bashir. The move came during Treasury Secretary Steven Mnuchin's visit...
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Pedro Pierluisi, gubernatorial candidate with the New Progressive Party (PNP), arrives at Vivo Beach Club to celebrate a slim lead of the pro-statehood party in the Puerto Rican general elections, in Carolina, Puerto Rico, Tuesday, Nov. 3, 2020. Pierluisi briefly served as governor following last year's massive protests that led to the resignation of former Gov. Ricardo Rosselló. (AP Photo/Carlos Giusti)
January 02, 2021 - 3:31 pm
SAN JUAN, Puerto Rico (AP) — Pedro Pierluisi vowed to achieve statehood for Puerto Rico and fight against poverty, corruption and COVID-19 after he was sworn in Saturday as the U.S. territory’s new governor. Pierluisi, a Democrat who previously served as Puerto Rico’s representative in Congress for...
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In this Dec. 15, 2029, photo, Senate Majority Leader Mitch McConnell of Ky., walks past reporters on Capitol Hill in Washington. (AP Photo/Susan Walsh)
December 19, 2020 - 5:37 pm
WASHINGTON (AP) — An arcane battle over emergency Federal Reserve powers foiled efforts on Saturday to lock down an agreement on an almost $1 trillion COVID-19 economic relief package. Saturday's deadlock was just the latest stumble in a partisan, months-long fight over pandemic relief and the lack...
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People wearing face masks to protect against the spread of the coronavirus reflected on the electronic board of a securities firm in Tokyo, Wednesday, Dec.16, 2020. Asian shares are higher Thursday, Dec. 17, 2020 on hopes the U.S. Congress may finally deliver fresh aid to help businesses and families weather the pandemic. (AP Photo/Koji Sasahara)
December 16, 2020 - 11:34 pm
Shares were mostly higher in Asia on Thursday, buoyed by hopes the U.S. Congress may finally deliver fresh aid to help American businesses and families weather the pandemic. Benchmarks rose in Tokyo, Hong Kong and Shanghai but fell in South Korea. Overnight, the S&P 500 edged close to a record...
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Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020. (Greg Nash/Pool via AP)
December 16, 2020 - 2:02 pm
WASHINGTON (AP) — The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress — a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely. The Fed also reiterated after its latest policy meeting...
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Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020. (Greg Nash/Pool via AP)
December 14, 2020 - 11:16 am
WASHINGTON (AP) — The Federal Reserve's policymakers face an unusual conundrum as they meet this week: A short-term economic outlook that is worsening even while the longer-term picture is brightening thanks to the emergence of coronavirus vaccines. When its meeting concludes Wednesday, the Fed...
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A worker wearing a face mask clears snow from the roof of a bar, in Pamplona, northern Spain, Saturday, Dec. 5, 2020. (AP Photo/Alvaro Barrientos)
December 10, 2020 - 9:06 am
FRANKFURT, Germany (AP) — The European Central Bank unleashed another half-trillion euro ($600 billion) wave of stimulus as a winter surge in COVID-19 infections shuts down large parts of the economy and wipes out pre-Christmas sales revenue ahead of the region's most important holiday. The 25-...
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December 10, 2020 - 5:31 am
BEIJING (AP) — S&P DJ Indices is removing 21 Chinese companies from its indexes, or groups of stocks and bonds used to track financial market movements, after Americans were barred from investing in them as part of a feud with Beijing over technology and security. The Chinese government...
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Cranes with Christmas decoration stand next to the European Central Bank, left, in Frankfurt, Germany, Monday, Nov. 30, 2020. (AP Photo/Michael Probst)
December 08, 2020 - 6:03 am
FRANKFURT, Germany (AP) — The European Central Bank is expected to unleash another blast of stimulus on Thursday to help businesses bridge the gap until the economy recovers from the pandemic - and to support governments that are ramping up spending to cushion the blow as the winter wave of the...
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