Economic stimulus

In this photo taken on Wednesday, June 3, 2020, Fatima Negrini, left, is flanked by nurse Laura Catena holding a cut out heart reading in Italian " Fatima 108, we love you " while posing in front of a cake celebrating her 108th birthday, at the Anni Azzurri San Faustino nursing home, in Milan, Italy. Fatima Negrini has joined the ranks of the very few centenarians who have recovered from COVID-19. (RSA Anni Azzurri San Faustino via AP)
June 06, 2020 - 2:08 pm
Federal, state and local governments in the United States have shed over 1.5 million jobs since March as they begin to deal with the financial fallout from the coronavirus pandemic. And it could get worse for workers in the public sector, usually a stable part of the U.S. economy. Governments are...
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A Bombardier plant is seen in Montreal on Friday, June 5, 2020. Bombardier Aviation is reducing its workforce by about 2,500 employees due to challenges caused by COVID-19. The company said Friday that it had to make the move because business jet deliveries, industry-wide, are forecast to be down approximately 30% year-over-year due to the pandemic. (Paul Chiasson/The Canadian Press via AP)
June 05, 2020 - 7:42 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________ JOB CONCERNS: — Mall operator CBL & Associates...
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German Chancellor Angela Merkel, right, and German Finance Minister Olaf Scholz, left, attend the weekly cabinet meeting at the Chancellery in Berlin, Germany, Wednesday, June 3, 2020. (Michael Kappeler/DPA via AP, Pool)
June 03, 2020 - 5:02 am
BERLIN (AP) — Europe's unemployment rate ticked up modestly last month, contained by use of labor programs that have kept millions of workers on payrolls and as some people stopped looking for work, official data showed Wednesday. The jobless rate in the 19 countries that use the euro rose to 7.3%...
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Delegates applaud as Chinese President Xi Jinping arrives for the opening session of China's National People's Congress (NPC) at the Great Hall of the People in Beijing, Friday, May 22, 2020. (AP Photo/Ng Han Guan, Pool)
May 22, 2020 - 7:32 am
BEIJING (AP) — China’s No. 2 leader on Friday promised higher spending to revive its pandemic-stricken economy and curb surging job losses but avoided launching a massive stimulus on the scale of the United States or Japan. Premier Li Keqiang told lawmakers Beijing would set no economic growth...
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FILE - In this Wednesday, May 13, 2020, file photo, a worker at SMC China, a Japanese joint venture pneumatic engineering company, assembles products at a factory in Beijing. As job losses surge, China is joining the United States and other governments in rolling out stimulus spending to revive its virus-battered economy. Companies and the public are looking to the meeting of the ceremonial national legislature starting Friday, May 22, 2020 for details. One closely watched indicator: Whether Beijing skips for the first time setting an economic growth target in a sign of how uncertain even the rest of this year is. (AP Photo/Ng Han Guan, File)
May 20, 2020 - 10:19 pm
BEIJING (AP) — As job losses surge, China is joining the United States and other governments in rolling out stimulus spending to revive its virus-battered economy. How much is Beijing ready to spend? Companies and the public are looking to the meeting of the ceremonial national legislature starting...
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Migrant workers from other states trying to return to their homes wait for transportation to a train station in Ahmedabad, India, Sunday, May 17, 2020. Tens of thousands of migrant laborers have been returning from big cities to their villages after losing jobs because of a countrywide lockdown imposed in late March to contain the spread of the coronavirus. (AP Photo/Ajit Solanki)
May 17, 2020 - 11:40 am
NEW DELHI (AP) — India on Sunday extended its nearly 2-month-old lockdown by two weeks after reporting nearly 5,000 new coronavirus cases, but said restrictions could be eased in low-risk areas to boost economic activity. After surpassing China on Saturday, India now has the most confirmed virus...
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The sun sets behind the buildings of the banking district in Frankfurt, Germany, Saturday, May 9, 2020. (AP Photo/Michael Probst)
May 12, 2020 - 8:58 am
FRANKFURT, Germany (AP) — Major business groups in Germany, France and Italy are urging European governments to ramp up their joint fiscal stimulus efforts against the economic downturn cased by the virus outbreak, saying that the EU response “must be of an unprecedented scale.” The call was made...
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FILE - In this July 10, 2016, file photo, Simone Biles competes on the balance beam during the women's U.S. Olympic gymnastics trials in San Jose, Calif. At least 70 percent of U.S. Olympic sports organizations have applied for government loans in the coronavirus pandemic, underscoring the frailties within the world’s most dominant Olympic sports system. (AP Photo/Gregory Bull, File)
May 08, 2020 - 12:09 pm
DENVER (AP) — At least 70 percent of U.S. Olympic sports organizations have applied for government funds during the coronavirus pandemic, a stark financial reality that underscores the frailties within the world’s most dominant Olympic sports system. The Associated Press surveyed 44 of the country'...
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FILE - In this file photo dated Wednesday, March 11, 2020, Pedestrians wearing face masks pass the Bank of England in London. In forecasts published Thursday May 7, 2020, The Bank of England has warned that the British economy could be nearly a third smaller by the end of the first half of this year as a result of the coronavirus pandemic, but also notes the economy could revive quickly. (AP Photo/Matt Dunham, FILE)
May 07, 2020 - 1:09 pm
LONDON (AP) — The Bank of England warned Thursday that the British economy could suffer its deepest annual contraction since the Spanish War of Succession a little over three centuries ago as a result of the coronavirus pandemic, before roaring back next year. In what it describes as a “plausible”...
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FILE - In this Monday, Oct. 7, 2019 file photo, U.S. Trade Representative Robert Lighthizer listens as President Donald Trump speaks before signing a trade agreement with Japan in the Roosevelt Room of the White House, in Washington. After a delay caused by the coronavirus pandemic, British and American negotiators have opened negotiations, remotely, on a trade agreement that the U.K. government hopes will bring a post-Brexit economic and diplomatic boost. U.K. International Trade Secretary Liz Truss and U.S. Trade Representative Robert Lighthizer held a video conference call on Tuesday May 5, 2020 at the start of two weeks of negotiations. (AP Photo/Evan Vucci, File)
May 05, 2020 - 1:10 pm
LONDON (AP) — After a delay caused by the coronavirus pandemic, British and American negotiators have opened negotiations on a trade agreement that the U.K. government hopes will bring a post-Brexit economic and diplomatic boost. U.K. International Trade Secretary Liz Truss and U.S. Trade...
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