Financial crisis

Health workers react as people applaud from their houses in support of the medical staff that are working in COVID-19 outbreak in Barcelona, Spain, Monday, March 16, 2020. Spain is restoring border controls and severely restricting who can enter the country. Interior Minister Fernando Grande-Marlaska announced Monday that from midnight only Spaniards or residents in Spain, people who work just across the border or who have a compelling need will be allowed through. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (AP Photo/Joan Mateu)
March 16, 2020 - 10:50 pm
MADRID (AP) — The battle to contain the coronavirus reached new urgency, as more governments locked down borders and ordered new closures and restrictions and pleas went out to funnel masks and ventilators to places struggling with soaring numbers of sick patients. The growing sense of crisis...
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Treasury Secretary Steve Mnuchin, second from left, speaks with members of the media as he departs a meeting with Senate Republicans on an economic lifeline for Americans affected by the coronavirus outbreak. on Capitol Hill in Washington, Monday, March 16, 2020. Standing with Mnuchin is White House chief economic adviser Larry Kudlow, right. (AP Photo/Patrick Semansky)
March 16, 2020 - 10:01 pm
WASHINGTON (AP) — With an urgency unseen since the Great Recession, Congress is rushing to develop a sweeping economic lifeline for American households and businesses suddenly capsized by the coronavirus outbreak. Democrats said at least $750 billion would be needed. And top White House officials...
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FILE - In this April 16, 2019, file photo, attendees take a close look at cars from BYD at the Auto Shanghai 2019 show in Shanghai. China’s auto sales plunged 81.7% in February, 2020, from a year ago after Beijing shut down much of the economy to fight a virus outbreak, adding to problems for an industry that already was struggling with shrinking demand. (AP Photo/Ng Han Guan, File)
March 16, 2020 - 5:44 pm
DETROIT (AP) — When the coronavirus cut off the flow of parts from China in early January, most global automakers were ready: Anticipating such a crisis, they had prepared to tap other suppliers and to conserve parts that they had stored. Now, they face fast-moving new threats that seem beyond...
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The display board with the curve of the DAX photographed behind a pictogram for a fire extinguisher in the trading room of the Stock Exchange in Frankfurt, Germany, Thursday, March 12, 2020. This was again triggered by concerns about the economic consequences of the coronavirus pandemic. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (Boris Roessler/dpa via AP)
March 15, 2020 - 9:32 am
FRANKFURT, Germany (AP) — With the global economy melting down after the failure of Lehman Brothers in 2008, world leaders swiftly created an international forum that committed to boost economies by spending more and keeping trade open. Central banks announced rate cuts within seconds of each other...
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House Speaker Nancy Pelosi of Calif., walks on Capitol Hill in Washington, Thursday, March 12, 2020, as she heads to a briefing on the coronavirus. (AP Photo/Susan Walsh)
March 14, 2020 - 12:21 pm
WASHINGTON (AP) — The White House is expected to announce that the U.S. will broaden its European travel ban, adding the United Kingdom and Ireland to its list. Under the restrictions, American citizens, green card holders and others are still allowed to return home to the U.S., but will be...
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Doctors and members of the Chinese Red Cross pose for a photo prior to a press conference in Rome, Friday, March 13, 2020. A charter plane carrying members of a medical team and several tons of medical supplies from China arrived in Rome late Thursday to assist Italy in fighting the coronavirus outbreak. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (Alfredo Falcone/LaPresse via AP)
March 14, 2020 - 10:31 am
The Latest on the world's coronavirus pandemic: Spain’s government is set to announce Saturday that it is placing tight restrictions on movement and closing restaurants and other establishments in the nation of 46 million people as part of a two-week state of emergency to fight the sharp rise in...
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Doctors and members of the Chinese Red Cross pose for a photo prior to a press conference in Rome, Friday, March 13, 2020. A charter plane carrying members of a medical team and several tons of medical supplies from China arrived in Rome late Thursday to assist Italy in fighting the coronavirus outbreak. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (Alfredo Falcone/LaPresse via AP)
March 14, 2020 - 9:00 am
The Latest on the world's coronavirus pandemic: A Chinese Red Cross team of nine doctors and researchers is in Rome, sharing experiences with staff at the Italian capital’s infectious diseases hospital. Spallanzani Hospital health director Dr. Francesco Vaia on Saturday introduced the team to...
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Japanese Prime Minister Shinzo Abe answers a question during his press conference at the Prime Minister's office in Tokyo Saturday, March 14, 2020. Prime Minister Abe said the coronavirus outbreak in his country has not reached a point that requires him to declare a national emergency like the U.S. and Europe.(AP Photo/Eugene Hoshiko)
March 14, 2020 - 7:57 am
The Latest on the world's coronavirus pandemic: Apple CEO Tim Cook says the tech giant’s retail operation outside of China is going online-only for two weeks as part of efforts to fight the global viral pandemic. Cook tweeted that “Apple will be temporarily closing all stores outside of Greater...
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Japanese Prime Minister Shinzo Abe answers a question during his press conference at the Prime Minister's office in Tokyo Saturday, March 14, 2020. Prime Minister Abe said the coronavirus outbreak in his country has not reached a point that requires him to declare a national emergency like the U.S. and Europe.(AP Photo/Eugene Hoshiko)
March 14, 2020 - 7:43 am
The Latest on the world's coronavirus pandemic: Health authorities in Spain say coronavirus infections have reached 5,753 people, of which almost 3,000 are in the capital, Madrid. That represents a national increase of more than 1,500 in 24 hours. No new figures for deaths were immediately...
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Japanese Prime Minister Shinzo Abe answers a question during his press conference at the Prime Minister's office in Tokyo Saturday, March 14, 2020. Prime Minister Abe said the coronavirus outbreak in his country has not reached a point that requires him to declare a national emergency like the U.S. and Europe.(AP Photo/Eugene Hoshiko)
March 14, 2020 - 7:42 am
The Latest on the world's coronavirus pandemic: Health authorities in Spain say coronavirus infections have reached 5,753 people, of which almost 3,000 are in the capital, Madrid. That represents a national increase of more than 1,500 in 24 hours. No new figures for deaths were immediately...
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