Government finance

In this Tuesday, April 7, 2020 photo, a delivery truck leaves after dropping off alcohol to a home in Dubai, United Arab Emirates. Dubai’s two major alcohol distributors have partnered to offer home delivery of beer, spirits and wine as the new coronavirus now threatens a crucial source of tax and general revenue for the rulers of this Islamic city-state. The decision marks yet another loosening of social mores in the skyscraper-studded desert metropolis. (AP Photo/Jon Gambrell)
April 09, 2020 - 1:05 am
DUBAI, United Arab Emirates (AP) — The Champagne corks no longer pop at Dubai's infamous alcohol-soaked brunches. The blaring flat-screen televisions stand silent in the sheikhdom's sports bars. And the city-state's pubs have shrink-wrapped their now-idle beer taps. This skyscraper-studded desert...
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FILE - In this Monday, March 9, 2020 file photo, Tedros Adhanom Ghebreyesus, Director General of the World Health Organization speaks during a news conference on updates regarding on the novel coronavirus COVID-19, at the WHO headquarters in Geneva, Switzerland. After the new coronavirus erupted in China, the World Health Organization sprang into action: It declared an international health emergency, rushed a team to the epicenter in Wuhan and urged other countries to get ready and drum up funding for the response. Many analysts have praised the initial response by the world’s go-to agency on health matters. But now, governments have started to brush aside, ignore and criticize WHO recommendations on issues of public policy, like whether cross-border travel should be restricted or whether the public should wear masks. (Salvatore Di Nolfi/Keystone via AP, file)
April 08, 2020 - 3:16 pm
GENEVA (AP) — In a heartfelt plea for unity, the World Health Organization's chief sought Wednesday to rise above sharp criticism and threats of funding cuts from U.S. President Donald Trump over the agency’s response to the coronavirus outbreak. The vocal defense from the WHO Director-General came...
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A food delivery rider passes by a banner reading ' Stronger together, all together we will make it ', in Milan, Italy, Sunday, April 5, 2020. The government is demanding Italians stay home and not take the leveling off of new coronavirus infections as a sign the emergency is over, following evidence that more and more Italians are relaxing restrictions the west’s first and most extreme nationwide lockdown and production shutdown. (Claudio Furlan/LaPresse via AP)
April 06, 2020 - 11:55 am
FRANKFURT, Germany (AP) — The virus outbreak is exposing cracks in the foundation of Europe's 21-year-old shared currency and festering animosities among its members, even as governments struggle to come up with a unified response where success or failure could mark the continent's politics for...
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In this April 1, 2020, photo the interior of the TCF Center with temporary hospital rooms is seen inside the convention center in Detroit. In the decade before Michigan and its largest city became the latest hotspot for the deadly coronavirus, officials were steadily cutting back on their first line of defense against pandemics and other health emergencies. Approaching bankruptcy, Detroit disbanded most of its public health department and handed its responsibilities to a private nonprofit. (AP Photo/Carlos Osorio)
April 05, 2020 - 6:39 am
In the decade before Michigan and its largest city became the latest hot spot for the deadly coronavirus, officials were steadily, and at times dramatically, cutting back on their first line of defense against pandemics and other public health emergencies. Approaching bankruptcy, Detroit disbanded...
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FILE - In this March 18, 2020 file photo, visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns. The coronavirus pandemic has already hurt many households financially.  Americans have been hit with layoffs, furloughs and reduced hours across the country. Those who have not are still facing massive economic uncertainty. Experts say it's more important than ever to manage your budget, reach out to lenders and seek protections available to those hit by the economic impact of the virus. (AP Photo/John Minchillo, File)
March 31, 2020 - 2:22 pm
The coronavirus has dealt a financial blow to millions of Americans and now April's bills are coming due. The good news is there is help available. Reach out immediately to your mortgage lender, student loan servicer or utility provider to see what's available. Other assistance, such as stimulus...
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Texas Tavern employees Chris Dobe, left, and Nick Moore wait for take out orders on Monday night, March 30, 2020. Though customers are tipping well, and the diner is still open 24-7, Moore said they are making a quarter to a third less than what they normally do in tips. (Heather Rousseau/The Roanoke Times via AP)
March 31, 2020 - 1:50 pm
The IRS and the Treasury Department say Americans will start receiving their economic impact checks in the next three weeks. The payments are part of the $2.2 trillion rescue package signed into law last week by President Donald Trump aimed at combating the economic ravages of the coronavirus...
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FILE - In this Tuesday, March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. In a series of sweeping steps, the U.S. Federal Reserve will lend to small and large businesses and local governments as well as extend its bond buying programs. The announcement Monday, March 23 is part of the Fed's ongoing efforts to support the flow of credit through an economy ravaged by the viral outbreak. (AP Photo/Jacquelyn Martin, File)
March 31, 2020 - 8:48 am
WASHINGTON (AP) — The Federal Reserve is intervening once again to try to smooth out the world's lending markets, this time by lending dollars to other central banks in exchange for Treasurys. The Fed's move Tuesday marks its latest aggressive effort to keep borrowing rates down and ensure that...
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FILE - In this March 28, 2018 file photo, former U.S. Sen. Tom Coburn speaks at a news conference in Oklahoma City. Coburn has died. He was 72. A cousin tells The Associated Press that he died early Saturday, March 28, 2020. Coburn had been diagnosed with prostate cancer years earlier. The Oklahoma Republican railed against federal earmarking and earned a reputation as a political maverick. (AP Photo/Sue Ogrocki, File)
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March 28, 2020 - 2:10 pm
OKLAHOMA CITY (AP) — Former U.S. Sen. Tom Coburn was stubborn as a mule and conservative to his core. But the Oklahoma family doctor, known for railing against federal earmarks, didn’t let political differences dictate whom he called friends — even if it didn’t sit well with some of his supporters...
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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...
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FILE— In this Jan. 28, 2014 file photo a jar of ethanol fuel sits on display during the Iowa Renewable Fuels Association meeting in Altoona, Iowa. As hospitals and nursing homes run out of hand sanitizer to fight off the coronavirus, struggling ethanol producers are eager to help. They could provide alcohol to make millions of gallons of the germ-killing sanitizer, but the U.S. Food and Drug Administration has put up a roadblock, frustrating both the health care and ethanol industries with its inflexible regulations during a national health care crisis. (AP Photo/Charlie Neibergall, file)
March 26, 2020 - 5:36 pm
DES MOINES, Iowa (AP) — As hospitals and nursing homes desperately search for hand sanitizer amid the coronavirus outbreak, federal regulators are preventing ethanol producers from providing millions of gallons of alcohol that could be transformed into the germ-killing mixture. The U.S. Food and...
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