Financial crisis

People use an ATM outside a closed bank, in Beirut, Lebanon, Wednesday, Oct. 30, 2019. Lebanese banks have been closed for the last two weeks as the government grapples with mass demonstrations that have paralyzed the country, but an even greater crisis may set in when they reopen Friday. (AP Photo/Hussein Malla)
October 30, 2019 - 2:54 pm
BEIRUT (AP) — Lebanese banks have been closed for the last two weeks as the government grapples with mass demonstrations that have paralyzed the country, but an even greater crisis may set in when they reopen Friday. There are concerns the government might not have enough foreign reserves to defend...
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A supporter of Lebanese Prime Minister Saad Hariri burns garbage containers to block a main road, in Beirut, Lebanon, Tuesday, Oct. 29, 2019. Hariri resigned Tuesday, bowing to one of the central demands of anti-government demonstrators shortly after baton-wielding Hezbollah supporters rampaged through the main protest camp in Beirut, torching tents, smashing plastic chairs and chasing away protesters. (AP Photo/Bilal Hussein)
October 29, 2019 - 7:24 pm
BEIRUT (AP) — Lebanon's prime minister resigned Tuesday, bowing to one of the central demands of anti-government demonstrators shortly after baton-wielding Hezbollah supporters rampaged through the main protest camp in Beirut, torching tents, smashing plastic chairs and chasing away protesters. The...
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Peronist presidential candidate Alberto Fernández, right, and running mate, former President Cristina Fernández, address supporters after incumbent President Mauricio Macri conceded defeat at the end of election day in Buenos Aires, Argentina, Sunday, Oct. 27, 2019. (AP Photo/Natacha Pisarenko)
October 28, 2019 - 5:21 pm
BUENOS AIRES, Argentina (AP) — Divisive Peronist leader and former Argentine President Cristina Fernández is once again in a top position of power, a development that rattled investors Monday even as financial experts said it was unlikely the economically troubled South American country would fully...
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European Union foreign policy chief Federica Mogherini addresses the audience during a high level conference about Venezuela migration crisis, in Brussels, Monday, Oct. 28, 2019. Hundreds of representatives from governments, international agencies and charity groups gathered in Brussels Monday for a "solidarity conference" to drum up support millions of Venezuelans who have fled the political crisis and to help neighboring countries that are taking them in. (AP Photo/Francisco Seco)
October 28, 2019 - 2:38 pm
BRUSSELS (AP) — The European Union and the U.N. refugee agency appealed Monday for support for millions of Venezuelans who have fled the political crisis, and for help to bolster the poverty-wracked country's neighbors as they strain under the burden of hosting most of them. The South American...
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A supporter of center-left Peronist presidential candidate Alberto Fernández and running mate, former President Cristina Fernández, holds up their photos outside her party's election headquarters where supporters wait for results in Buenos Aires, Argentina, Sunday, Oct. 27, 2019. Argentina faces a potentially sharp political shift on Sunday with center-left Peronist candidate Alberto Fernández favored to win an election dominated by frustration over an economic crisis that has eroded support for conservative incumbent Mauricio Macri. (AP Photo/Natacha Pisarenko)
October 27, 2019 - 10:26 pm
BUENOS AIRES, Argentina (AP) — The Latest on Argentina's elections (all times local): 10:30 p.m. Former Argentine President Cristina Fernandez is congratulating her running mate, Alberto Fernández, before thousands of jubilant supporters in Buenos Aires. She presided over Argentina from 2007 to...
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Supporters of center-left Peronist presidential candidate Alberto Fernández and running mate, former President Cristina Fernández, celebrate as they wait for election results outside their party's election headquarters in Buenos Aires, Argentina, Sunday, Oct. 27, 2019. Argentina faces a potentially sharp political shift on Sunday with center-left Peronist candidate Alberto Fernández favored to win an election dominated by frustration over an economic crisis that has eroded support for conservative incumbent Mauricio Macri. (AP Photo/Natacha Pisarenko)
October 27, 2019 - 9:52 pm
BUENOS AIRES, Argentina (AP) — Conservative President Mauricio Macri conceded defeat in Argentina's election Sunday night, paving the way for the country's Peronist center-left to return to power under Alberto Fernández as frustrated voters rejected the incumbent's handling of a bruising economic...
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This Sept. 18, 2019, photo shows the view of the U.S. Capitol building from the Washington Monument in Washington. The federal deficit for the 2019 budget year is expected to have soared to near $1 trillion, up more than $200 billion from last year and the largest such gap in seven years. (AP Photo/Patrick Semansky)
October 25, 2019 - 7:07 pm
WASHINGTON (AP) — The Trump administration reported a river of red ink Friday. The federal deficit for the 2019 budget year surged 26% from 2018 to $984.4 billion — its highest point in seven years. The gap is widely expected to top $1 trillion in the current budget year and likely remain there for...
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October 25, 2019 - 1:36 pm
ALBANY, N.Y. (AP) — Smaller bonuses last year contributed to a 5.6% drop in average Wall Street salaries, according to a report released Friday by New York state's comptroller. The average 2018 salary, including bonuses, for New York City's securities industry employees was $398,600. That was down...
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Anti-government protesters stand under their umbrellas wave Lebanese flags and shout slogans during a protest, in downtown Beirut, Lebanon, Thursday, Oct. 24, 2019. Lebanon's president pleaded Thursday with tens of thousands of protesters who have blocked main roads and paralyzed the nation for days, urging them to back economic reforms proposed by the prime minister as the "first step" toward saving the country from economic collapse. (AP Photo/Hussein Malla)
October 25, 2019 - 10:02 am
BEIRUT (AP) — The Latest on anti-government protests in Lebanon (all times local): 5:05 p.m. Lebanon's Hezbollah leader says nationwide protests against the country's political class are being exploited by the politicians and are no longer popular or spontaneous. Hassan Nasrallah says Friday that...
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Cars pass by near the skyline with the buildings of the banking district in Frankfurt, Germany, Tuesday, Oct. 22, 2019. (AP Photo/Michael Probst)
October 25, 2019 - 5:18 am
BERLIN (AP) — German consumers are growing more pessimistic amid concerns about the global economic downturn, trade conflicts and Brexit, a survey showed Friday, while a second study indicated the country's businesses are less happy with their current situation but have greater hope for the coming...
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