Financial Crisis

Recovery or stagnation? Zimbabwe holds pivotal vote Monday

Jul 29, 2018

Recovery or stagnation? Zimbabwe holds pivotal vote Monday as it tries to leave Mugabe behind

On trade policy, Trump is turning GOP orthodoxy on its head

Jul 28, 2018

President Donald Trump's tariff fights and now $12 billion in farm aid are upsetting long-standing Republican trade policies

Puerto Rico sees record 1.2M cruise ship passengers

Jul 27, 2018

Puerto Rico saw a record 1.2 million cruise ship passengers this past fiscal year as the U.S. territory tries to recover from Hurricane Maria and an economic crisis

A guide to Zimbabwe's 1st post-Robert Mugabe election

Jul 27, 2018

A guide to Zimbabwe's 1st election after Robert Mugabe's 37 years in power

AP PHOTOS: High-rises remake the skyline of city in Cyprus

Jul 27, 2018

AP PHOTOS: High-rise construction boom transforms Limassol's skyline, signals Cyprus' emergence from a deep financial crisis

European Central Bank says rates will remain low for months

Jul 26, 2018

The European Central Bank says interest rates will stay low well into next year, even though the U.S. Federal Reserve is expected to raise rates again.

Inflation-hit Venezuela unveils new money with 5 fewer zeros

Jul 26, 2018

Venezuelan President Nicola Maduro has unveiled plans for combatting runaway inflation _ by printing new paper money with fewer five zeros

EPA chief: US needs a single standard for fuel efficiency

Jul 24, 2018

Acting EPA chief says there should be a single national standard for fuel efficiency by cars and trucks

IMF: Venezuela's inflation on track to top 1 million percent

Jul 24, 2018

The International Monetary Fund says inflation in Venezuela could top 1 million percent this year as the country's historic crisis deepens. It says the economic turmoil compares to Germany's after World War I and Zimbabwe's more recently.

Puerto Rico probes forensic institute as bodies pile up

Jul 20, 2018

Legislators in Puerto Rico are investigating the U.S. territory's forensics institute following complaints of understaffing, bad odors and backlogs in the handling of bodies as the island struggles to recover from Hurricane Maria amid an economic crisis

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