Financial crisis

In this Tuesday, Jan. 21 photo, a malnourished lion rests in a zoo in Khartoum, Sudan. With the staff at the destitute Al-Qurashi Park, as the zoo in Khartoum is known, unable to feed and look after the animals, many have died off or were evacuated, leaving only three skeletal lions. (AP Photo)
Associated Press
January 22, 2020 - 7:06 am
KHARTOUM, Sudan (AP) — At an impoverished, forlorn zoo in Sudan’s capital, the park's few remaining lions are starving in rusted cages — their ribs protruding, eyes glassy and skin flaccid, desperate for food and water. The unsettling images, shared on social media by a local animal rights advocate...
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FILE - In this Aug. 7, 2019, file photo, Rep. Elijah Cummings, D-Md., speaks during a luncheon at the National Press Club in Washington. Cummings died from complications of longtime health challenges, his office said in a statement on Oct. 17, 2019. (AP Photo/Patrick Semansky, File)
Associated Press
December 31, 2019 - 7:43 pm
A lauded writer who brought to light stories overshadowed by prejudice. An actress and singer who helped embody the manufactured innocence of the 1950s. A self-made billionaire who rose from a childhood of Depression-era poverty and twice ran for president. This year saw the deaths of people who...
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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)
Associated Press
October 25, 2019 - 6:07 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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FILE - In this June 10, 2019, file photo, a man walks past a money exchange shop decorated with different banknotes at Central, a business district of Hong Kong. China's yuan fell below the politically sensitive level of seven to the U.S. dollar on Monday, Aug. 5, 2019, possibly adding to trade tension with Washington. The currency weakened to 7.0177 in early trading following U.S. President Donald Trump's threat last week of tariff hikes on additional Chinese imports in a fight over Beijing's trade surplus and technology policies. (AP Photo/Kin Cheung, File)
August 05, 2019 - 7:00 pm
WASHINGTON (AP) — China decided Monday to meet President Donald Trump's latest tariff threat with defiance, letting its currency drop to an 11-year low and halting purchases of U.S. farm products. The moves, which came four days after Trump threatened more taxes on Chinese imports, knocked stock...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 4:58 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
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Demonstrators, some waving Puerto Rican national flags, chant in front of the governor's mansion La Fortaleza, in San Juan, Puerto Rico, Wednesday, July 24, 2019. Hundreds of thousands of Puerto Rico have been outraged by leaked, obscenity-laced online chats between Gov. Ricardo Rossello and his advisers, and have protested for nearly two weeks demanding his resignation. (AP Photo/Dennis M. Rivera Pichardo)
July 25, 2019 - 3:39 am
SAN JUAN, Puerto Rico (AP) — Puerto Rico Gov. Ricardo Rosselló said late Wednesday that he will resign Aug. 2 after nearly two weeks of furious protests and political upheaval touched off by a leak of crude and insulting chat messages between him and his top advisers. A crowd of demonstrators...
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Traders Robert Charmak, Michael Milano, and Steven Kaplan, left to right, work on the floor of the New York Stock Exchange, Friday, Dec. 28, 2018. Stocks are opening higher Friday as U.S. markets try to maintain the momentum from a late-day rally on Thursday. (AP Photo/Richard Drew)
December 28, 2018 - 4:03 pm
Wall Street capped a week of volatile trading Friday with an uneven finish and the market's first weekly gain since November. Losses in technology, energy and industrial stocks outweighed gains in retailers and other consumer-focused companies. Stocks spent much of the day wavering between small...
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AP Photo/Channi Anand, File
August 14, 2018 - 6:08 am
NEW DELHI (AP) — The Indian rupee has fallen to an all-time low against the U.S. dollar amid worries over Turkey's growing financial crisis. Indian Economic Affairs Secretary Subhash Chander Garg told reporters that there was "nothing at this stage to worry" about after the rupee reached 70.1 to...
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