Financial crisis

President Donald Trump speaks during a "Salute to America" event on the South Lawn of the White House, Saturday, July 4, 2020, in Washington. (AP Photo/Patrick Semansky)
WBEN Newsroom
July 06, 2020 - 5:34 am
Presidential politics move fast. What we’re watching heading into a new week on the 2020 campaign: Days to next set of primaries (New Jersey and Delaware): 1 Days to general election: 120 ___ THE NARRATIVE We're moving into the heart of summer, but if you're expecting the traditional summertime...
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Musicians from the Lebanese Philharmonic Orchestra perform during a concert in the ancient northeastern city of Baalbek, Lebanon, Sunday, July 5, 2020. Dubbed "an act of cultural resilience," the concert aims to send a message of unity and hope to the world amid the coronavirus pandemic and an unprecedented economic and financial crisis in Lebanon. For the first time since the Baalbek International Festival was launched in 1956, this year's concert is being held without an audience, in line with strict COVID-19 guidelines. Instead, it is being broadcast live on local and regional TV stations and live-streamed on social media platforms. (AP Photo/Bilal Hussein)
July 05, 2020 - 10:32 pm
BAALBEK, Lebanon (AP) — Lebanon on Sunday hosted its annual music festival in the ancient northeastern city of Baalbek without an audience for the first time, a move organizers dubbed “an act of cultural resilience” to the coronavirus pandemic as well as the country's unprecedented economic...
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Friends of Santa Cruz State Parks volunteer Alejandro Ortiz closes the gate after allowing an overnight camper access to the parking lot at Francis Beach at Half Moon Bay State Park in Half Moon Bay, Calif., Friday, July 3, 2020. California Gov. Gavin Newsom ordered the parking lots of state beaches to close for the Fourth of July weekend to help prevent the spread of the coronavirus. Half Moon Bay added to the closure by restricting visitors access to the beach. (Jose Carlos Fajardo/Bay Area News Group via AP)
July 03, 2020 - 11:29 pm
LOS ANGELES — California Gov. Gavin Newsom is warning local elected officials that they risk losing state funding if they don’t enforce health orders as the coronavirus pandemic worsens. Newsom has rolled back or limited some businesses reopening in Los Angeles and 20 other counties, now including...
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FILE - In this March 12, 2020 file photo, Venezuelan President Nicolas Maduro speaks during a press conference at the Miraflores Presidential Palace in Caracas, Venezuela. A British judge on Thursday July 2, 2020, refused to give Venezuela control of over $1 billion in gold sitting in a Bank of England vault, ruling that it is unlawful to give it to the President Nicolas Maduro since Britain does not recognize him as the president. Maduro has demanded the gold to help his cash-starved nation fight the coronavirus pandemic. (AP Photo/Matias Delacroix, File)
July 02, 2020 - 12:51 pm
LONDON (AP) — A British judge on Thursday refused to give Venezuela's Nicolás Maduro control of nearly $2 billion in gold sitting in a Bank of England vault because Britain does not recognize the socialist leader as president of the Latin American nation. Maduro has demanded the gold to help his...
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FILE - In this May 22, 2020, file photo, the Federal Reserve building is viewed in Washington. Federal Reserve officials last month expressed concerns about the severity of the economic downturn triggered by the coronavirus pandemic. The minutes of the June 9-10 discussions that were made public Wednesday, July 1, 2020, show officials grappling with economic disruptions that had already occurred. (AP Photo/Patrick Semansky, File)
July 01, 2020 - 3:50 pm
WASHINGTON (AP) — Federal Reserve officials last month expressed concerns about the severity of the economic downturn triggered by the coronavirus pandemic, saying the drop in economic activity in the spring would likely be the steepest in the post-World War II period. The minutes of the June 9-10...
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July 01, 2020 - 1:18 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico awoke to a new budget approved early Wednesday that largely suspends austerity measures and government cuts for one year as the U.S. territory struggles to recover from hurricanes, earthquakes and the pandemic. A federal control board that oversees Puerto...
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A woman wearing a mask passes the New York Stock Exchange, Tuesday, June 30, 2020, during the coronavirus pandemic. (AP Photo/Mark Lennihan)
July 01, 2020 - 12:00 am
TOKYO (AP) — Asian shares were mostly higher Wednesday after Wall Street capped its best quarter since 1998, shrugging off continued signs of global economic damage from the coronavirus pandemic. Japan's benchmark Nikkei 225 slipped 0.2% to 22,187.27. South Korea's Kospi rose 1.0% to 2,130.14...
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Democratic presidential candidate, former Vice President Joe Biden, speaks Tuesday, June 30, 2020, in Wilmington, Del. (AP Photo/Patrick Semansky)
June 30, 2020 - 5:26 pm
WILMINGTON, Del. (AP) — Joe Biden took aggressive aim Tuesday at President Donald Trump’s fitness for the Oval Office, suggesting he has abdicated his duty to protect U.S. troops facing Russian threats abroad and American citizens facing a pandemic and economic calamity at home. Biden, the...
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European Union foreign policy chief Josep Borrell waits for the start of a meeting, Supporting the future of Syria and the Region, in videoconference format at the European Council building in Brussels, Tuesday, June 30, 2020. (AP Photo/Virginia Mayo, Pool)
June 30, 2020 - 8:18 am
BRUSSELS (AP) — Economic chaos, soaring food prices and the coronavirus pandemic are plunging Syria deeper into crisis as the country's civil war grinds into its 10th year, European Union and United Nations officials said Tuesday at an online conference to raise funds to help Syrians who fled their...
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German Chancellor Angela Merkel addresses the media during a press conference in Berlin, Germany, Friday, June 19, 2020 after video meeting with the members of the European Council. (Kay Nietfeld/DPA via AP, Pool)
June 30, 2020 - 6:14 am
BERLIN (AP) — Germany, the European Union’s biggest economic power, is taking over the rotating presidency of the 27-nation bloc amid massive challenges and huge expectations as the continent grapples with the fallout from the coronavirus pandemic. Berlin's six months in the EU hot seat will likely...
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