Financial crisis

In this photo released by the official website of the Office of the Iranian Presidency, President Hassan Rouhani speaks in a meeting in Tehran, Iran, Wednesday, Dec. 4, 2019. Rouhani says Tehran hasn't closed the window on talks with the U.S. but reiterated his government's standing condition that the Trump administration lift sanctions imposed on Iran before any negotiations can take place. (Iranian Presidency Office via AP)
December 08, 2019 - 2:57 am
TEHRAN, Iran (AP) — Iran's president said on Sunday his country will depend less on oil revenue next year, in a new budget that is designed to resist crippling U.S. trade embargoes. Iran is in the grips of an economic crisis. The U.S. re-imposed sanctions that block Iran from selling its crude oil...
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In this photo released by the official website of the Office of the Iranian Presidency, President Hassan Rouhani speaks in a meeting in Tehran, Iran, Wednesday, Dec. 4, 2019. Rouhani says Tehran hasn't closed the window on talks with the U.S. but reiterated his government's standing condition that the Trump administration lift sanctions imposed on Iran before any negotiations can take place. (Iranian Presidency Office via AP)
December 08, 2019 - 2:11 am
TEHRAN, Iran (AP) — Iran’s president said on Sunday his country will depend less on oil revenue next year, in a new budget that is designed to resist crippling U.S. trade embargoes. Iran is in the grips of an economic crisis. The U.S. re-imposed sanctions that block Iran from selling its crude oil...
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Protesters lie on a road, as they scream and hold each others while riot police try to remove them and open the road, in Beirut, Lebanon, Wednesday, Dec. 4, 2019. Protesters have been holding demonstrations since Oct. 17 demanding an end to widespread corruption and mismanagement by the political class that has ruled the country for three decades. (AP Photo/Bilal Hussein)
December 03, 2019 - 8:26 pm
BEIRUT (AP) — Lebanon’s outgoing Prime Minister Saad Hariri said Tuesday he supports the nomination of a prominent contractor to become the next premier, a move that will likely pave the way for the formation of a new Cabinet amid a severe economic and financial crisis. The news of the possible...
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A Syrian refugee sits next to his belongings as he waits to board a bus to take him home to Syria, in Beirut, Lebanon, Tuesday, Dec. 3, 2019. Hundreds of Syrian refugees have headed home in the first batch to leave Lebanon since protests broke out more than a month ago. Lebanon is hosting some 1 million Syrian refugees who fled their country after the war broke out eight years ago. (AP Photo/Hussein Malla)
December 03, 2019 - 7:49 pm
BEIRUT (AP) — Lebanon’s outgoing Prime Minister Saad Hariri said Tuesday he supports the nomination of a prominent contractor to become the next premier, a move that will likely pave the way for the formation of a new Cabinet amid a severe economic and financial crisis. The news of the possible...
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FILE - In this Thursday, Jan. 15, 2009 file photo, village women receive aid from the charity organisation, Oxfam International, at a distribution centre in Chirumhanzi about 250 Kilometers South east of Harare. The United Nations says about half of Zimbabwe’s population faces severe hunger amid a devastating drought and economic collapse. The World Food Program notes a “vicious cycle of skyrocketing malnutrition that’s hitting women and children hardest.” More than 7 million people overall are in need. (AP Photo/Tsvangirayi Mukwazhi, File)
December 03, 2019 - 8:44 am
HARARE, Zimbabwe (AP) — About half of Zimbabwe’s population faces severe hunger amid a devastating drought and economic collapse, the United Nations said Tuesday, noting a “vicious cycle of skyrocketing malnutrition that’s hitting women and children hardest.” The World Food Program said it plans to...
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Protesters chant slogans during ongoing protests against the Lebanese political class as riot police stand guard in front of Finance Ministry building in Beirut, Lebanon, Friday, Nov. 29, 2019. Protesters have been holding demonstrations since Oct. 17 demanding an end to widespread corruption and mismanagement by the political class that has ruled the country for three decades. (AP Photo/Bilal Hussein)
November 29, 2019 - 1:05 pm
BEIRUT (AP) — Angry motorists blocked roads with their vehicles in Beirut and other parts of Lebanon on Friday, creating traffic jams to protest a strike by owners of gas stations demanding an increase in gasoline prices as the local currency drops and the nation slides deeper into a financial...
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Protesters chant slogans during ongoing protests against the Lebanese political class as riot police stand guard in front of Finance Ministry building in Beirut, Lebanon, Friday, Nov. 29, 2019. Protesters have been holding demonstrations since Oct. 17 demanding an end to widespread corruption and mismanagement by the political class that has ruled the country for three decades. (AP Photo/Bilal Hussein)
November 29, 2019 - 12:34 pm
BEIRUT (AP) — Angry motorists blocked roads with their vehicles in Beirut and other parts of Lebanon on Friday, creating traffic jams to protest a strike by owners of gas stations demanding an increase in gasoline prices as the local currency drops and the nation slides deeper into a financial...
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The new President of the European Central Bank Christine Lagarde adds her signature to an oversize euro banknote at the ECB in Frankfurt, Germany, Wednesday, Nov. 27, 2019. (AP Photo/Michael Probst)
November 29, 2019 - 5:50 am
LONDON (AP) — Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain’s departure from the European Union. The European Union’s statistics agency...
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Riot police stand guard during ongoing protests against the Lebanese government, in front of the Central Bank, in Beirut, Lebanon, Thursday, Nov. 28, 2019. Lebanon paid back a Eurobond worth $1.5 billion that was scheduled to mature Thursday, a Finance Ministry official said, pacifying concerns of a first-ever default on its debt amid the worst financial crisis in three decades. (AP Photo/Bilal Hussein)
November 28, 2019 - 2:12 pm
BEIRUT (AP) — Lebanon paid back a Eurobond worth $1.5 billion that was scheduled to mature Thursday, a Finance Ministry official said, pacifying concerns of a first-ever default on its debt amid the worst financial crisis in three decades. The tiny Mediterranean country’s economic emergency has...
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Police stand guard behind a barbed wire fence in front of the government house in downtown Beirut, Lebanon, Thursday, Nov. 28, 2019. The Arab League says it is ready to help Lebanon solve its political stalemate after weeks of mass protests amid the country's worst financial crisis in decades. (AP Photo/Bilal Hussein)
November 28, 2019 - 10:47 am
BEIRUT (AP) — Lebanon paid back a Eurobond worth $1.5 billion that was scheduled to mature Thursday, a Finance Ministry official said, pacifying concerns of a first-ever default on its debt amid the worst financial crisis in three decades. The tiny Mediterranean country’s economic emergency has...
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