Economy

U.S President Donald Trump and French President Emmanuel Macron greet each other at the G-7 summit before a dinner at the Lighthouse of Biarritz, France, Saturday, Aug. 24, 2019. (AP Photo/Andrew Harnik)
August 24, 2019 - 3:14 pm
BIARRITZ, France (AP) — Under the threatening clouds of a global economic slowdown, President Donald Trump is confronting the consequences of his preference to go it alone, with low expectations that the leaders of the richest democracies can make substantive progress on an array of issues at their...
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U.S President Donald Trump and first lady Melania Trump arrive in Biarritz, France, Saturday, Aug. 24, 2019, for the G-7 summit. World leaders and protesters are converging on the southern French resort town of Biarritz for the G-7 summit. President Donald Trump will join host French President Emmanuel Macron and the leaders of Britain, Germany, Japan, Canada and Italy for the annual summit in the nearby resort town of Biarritz. (AP Photo/Andrew Harnik)
Associated Press
August 24, 2019 - 2:53 pm
BIARRITZ, France (AP) — President Donald Trump is threatening to use the emergency authority granted by a powerful, but obscure federal law to make good on his tweeted "order" to U.S. businesses to cut ties in China amid a spiraling trade war between the two nations. China's announcement Friday...
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French President Emmanuel Macron and his wife Brigitte welcome President Donald Trump and first lady Melania Trump at the Biarritz lighthouse, southwestern France, ahead of a working dinner Saturday, Aug.24, 2019. Shadowed by the threat of global recession, a U.S. trade war with China and the possibility of one against Europe, the posturing by leaders of the G-7 rich democracies began well before they stood together for a summit photo. (AP Photo/Markus Schreiber)
August 24, 2019 - 2:18 pm
BIARRITZ, France (AP) — The Latest on President Donald Trump (all times local): 8:05 p.m. President Donald Trump is dining with world leaders attending the annual Group of Seven summit in France. The opening event of the meeting of the world's richest democracies is being held at the Biarritz...
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French President Emmanuel Macron, right right, flanked by President of the Nouvelle-Aquitaine region Alain Rousset, center, samples local produce and wine, as he tours the exhibition hall above the international press center on the opening day of the G7 summit, in Anglet, southwestern France, Saturday Aug.24, 2019. U.S. President Donald Trump and the six other leaders of the Group of Seven nations will begin meeting Saturday for three days in the southwestern French resort town of Biarritz. France holds the 2019 presidency of the G-7, which also includes Britain, Canada, Germany, Italy and Japan. Biarritz. (Ian Langsdon, Pool via AP)
August 24, 2019 - 2:14 pm
BIARRITZ, France (AP) — The posturing by leaders of the G-7 rich democracies began well before they stood together for a summit photo. French President Emmanuel Macron, the host, cornered Donald Trump at the American leader's hotel with an impromptu lunch invitation. It was something of a power...
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Police fire water cannon at protestors in Bayonne, France, Saturday, Aug. 24, 2019. World leaders and protesters are converging on the southern French resort town of Biarritz for the G-7 summit. Police have fired water cannon at about 400 anti-capitalist protesters blocking roads in a town near the venue of the G-7 summit. A few protesters threw rocks at police but the crowd in Bayonne was largely peaceful. (AP Photo/Bob Edme)
August 24, 2019 - 1:50 pm
BIARRITZ, France (AP) — The Latest on the Group of Seven summit (all times local): 7:40 p.m. A French diplomat says President Emmanuel Macron tried to reduce the pressure exerted by President Donald Trump over a new digital services tax the country is imposing on internet giants. The official, who...
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FILE - In this June 29, 2019, file photo, President Donald Trump, left, meets with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan. China has announced it will raise tariffs on $75 billion of U.S. products in retaliation for President Donald Trump's planned Sept. 1 duty increase in a war over trade and technology policy. (AP Photo/Susan Walsh, File)
Associated Press
August 24, 2019 - 12:46 pm
WASHINGTON (AP) — Escalating his trade fight with China, President Donald Trump has raised retaliatory tariffs and ordered American companies to consider alternatives to doing business there. He also blamed his appointed head of the U.S. central bank, Federal Reserve Chairman Jerome Powell, for the...
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In this Aug. 15, 2019, photo, early morning fog shrouds homes in Kulusuk, Greenland. In tiny Kulusuk, resident Mugu Utuaq says the winter that used to last as long as 10 months when he was a boy, can now be as short as five months. Scientists are hard at work in Greenland, trying to understand the alarmingly rapid melting of the ice. (AP Photo/Felipe Dana)
August 23, 2019 - 11:59 pm
WASHINGTON (AP) — The Trump administration is planning to open a U.S. consulate in Greenland for the first time in decades amid increased strategic and economic interest in the Danish territory. The State Department says in a letter to Congress that re-establishing a consulate in Nuuk is part of a...
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Federal Reserve Chairman Jerome Powell, left, and Bank of England Governor Mark Carney, right, pause in front of Mt. Moran after Powell's speech at the Jackson Hole Economic Policy Symposium on Friday, Aug. 23, 2019, in Jackson Hole, Wyo. (AP Photo/Amber Baesler)
August 23, 2019 - 10:15 pm
WASHINGTON (AP) — President Donald Trump launched a furious and highly personal Twitter attack Friday against the Federal Reserve and Chairman Jerome Powell, fuming that the Fed once more "did NOTHING!" and wondering who is "our bigger enemy" — Powell or China's leader. The outburst came after...
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Wildfires consume an area near Porto Velho, Brazil, Friday, Aug. 23, 2019. Brazilian state experts have reported a record of nearly 77,000 wildfires across the country so far this year, up 85% over the same period in 2018. Brazil contains about 60% of the Amazon rainforest, whose degradation could have severe consequences for global climate and rainfall. (AP Photo/Victor R. Caivano)
August 23, 2019 - 8:36 pm
PORT VELHO, Brazil (AP) — Under international pressure to contain fires sweeping parts of Brazil's Amazon, President Jair Bolsonaro on Friday authorized use of the military to battle the huge blazes while thousands took to the streets to protest his environmental policies. Brazilian forces will...
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In this Aug 15, 2019 satellite image provided by Satellite image ©2019 Maxar Technologies, shows fires burning in the State of Rondonia, Brazil, in the upper Amazon River basin. Brazil's National Institute for Space Research, a federal agency monitoring deforestation and wildfires, said the country has seen a record number of wildfires this year, an 84 percent increase compared to the same period last year. The states that have been most affected by fires this year are Mato Grosso, Para and Amazonas, all in the Amazon region. (Satellite image ©2019 Maxar Technologies via AP)
August 23, 2019 - 3:21 pm
PARIS (AP) — The Latest on the reaction to the fires in the Amazon (all times local): 2:30 p.m. In a sharp escalation of tensions with Brazil, France is accusing President Jair Bolsonaro of having lied to French leader Emmanuel Macron and says it now opposes a trade deal with the South American...
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