Economic policy

European Council President Charles Michel addresses the chamber on a report of last weeks EU summit during a plenary session at the European Parliament in Brussels, Wednesday, Oct. 21, 2020. (Olivier Hoslet, Pool via AP)
October 21, 2020 - 10:05 am
BRUSSELS (AP) — Britain and the European Union will resume their stalled trade negotiations at an “intensified” pace, the British government said Wednesday, in hope of striking a deal within weeks to avoid a messy economic breakup at the end of he year. The announcement came five days after Prime...
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People stand near a bank's electronic board showing the Hong Kong share index Tuesday, Oct. 20, 2020. Asian shares fell moderately Tuesday, echoing Wall Street's decline as hopes faded Washington will come through with badly needed aid for the economy before the U.S. presidential election. (AP Photo/Vincent Yu)
October 19, 2020 - 8:54 pm
TOKYO (AP) — Asian shares fell moderately Tuesday, tracking Wall Street's overnight decline as hopes faded Washington will come through with badly needed aid for the U.S. economy before the U.S. presidential election. Investors have been focusing on U.S. economic stimulus amid global uncertainty...
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FILE - In this Aug. 25, 2020 file photo, U.S. Secretary of State Mike Pompeo stands with Sudanese Gen. Abdel-Fattah Burhan, the head of the ruling sovereign council, in Khartoum, Sudan. President Donald Trump on Monday, Oct. 19, 2020 said Sudan will be removed from the U.S. list of state sponsors of terrorism if it follows through on its pledge to pay $335 million to American terror victims and families. (Sudanese Cabinet via AP, File)
October 19, 2020 - 3:38 pm
CAIRO (AP) — President Donald Trump on Monday said Sudan will be removed from the U.S. list of state sponsors of terrorism if it follows through on its pledge to pay $335 million to American terror victims and their families. The move would open the door for the African country to get international...
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English flags and a Union flag fly above a souvenir stand opposite Britain's Parliament in London, Friday, Oct. 16, 2020. Britain’s foreign minister says there are only narrow differences remaining in trade talks between the U.K. and the European Union. But Dominic Raab insists the bloc must show more “flexibility” if it wants to make a deal. (AP Photo/Kirsty Wigglesworth)
October 19, 2020 - 1:45 am
LONDON (AP) — The U.K.’s most senior Anglican bishops warned Monday that legislation breaching part of the Brexit divorce agreement the government signed with the European Union will set a “disastrous precedent” and could undermine peace in Northern Ireland. The top archbishops in England, Scotland...
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Cars are parked to be exported at Yokohama port, near Tokyo on Sept. 29, 2020. The drop in Japanese exports diminished last month, according to government data released Monday, Oct. 10, 2020, underlining how the blunt of the trade damage from the coronavirus pandemic may be gradually easing. (AP Photo/Koji Sasahara)
October 19, 2020 - 12:12 am
TOKYO (AP) — Japan's exports fell at a slower pace in September in a sign that trade damage from the coronavirus pandemic is easing, according to Finance Ministry data released Monday. The report showed Japan’s exports in September declined 4.9%, better than the nearly 15% drop in August. The...
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October 18, 2020 - 12:01 pm
MINNEAPOLIS (AP) — James A. Johnson, a former Democratic campaign operative who was CEO of housing lender Fannie Mae in the 1990s and served as chairman of Walter Mondale's presidential bid, died Sunday at his home in Washington. He was 76. Johnson's son, Alfred, confirmed that his father had died...
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The Union flag flies above a souvenir stand in front of Big Ben in London, Friday, Oct. 16, 2020. Britain’s foreign minister says there are only narrow differences remaining in trade talks between the U.K. and the European Union. But Dominic Raab insists the bloc must show more “flexibility” if it wants to make a deal. (AP Photo/Kirsty Wigglesworth)
October 18, 2020 - 8:00 am
LONDON (AP) — A senior British official said Sunday the door is “still ajar” for post-Brexit talks to continue with the European Union if officials in the bloc change their position on key points. Michael Gove's comments came after Prime Minister Boris Johnson’s spokesman said Friday that the trade...
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FILE - In this Sept. 1, 2020 file photo, Treasury Secretary Steven Mnuchin testifies before the House Select Subcommittee on the Coronavirus Crisis, during a hybrid hearing on Capitol Hill in Washington. The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring. The Trump administration reported Friday, Oct. 16, that the deficit for the budget year that ended on Sept. 30 was three times the size of last year's deficit of $984 billion. (Graeme Jennings/Pool via AP, File)
October 16, 2020 - 11:44 am
WASHINGTON (AP) — The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic shrank revenues and sent spending soaring. The Trump administration reported Friday that the deficit for the budget year that...
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English flags and a Union flag fly above a souvenir stand opposite Britain's Parliament in London, Friday, Oct. 16, 2020. Britain’s foreign minister says there are only narrow differences remaining in trade talks between the U.K. and the European Union. But Dominic Raab insists the bloc must show more “flexibility” if it wants to make a deal. (AP Photo/Kirsty Wigglesworth)
October 16, 2020 - 8:06 am
LONDON (AP) — British Prime Minister Boris Johnson said Friday that the U.K. must prepare for a no-deal break with the European Union unless there is a “fundamental” change of position from the bloc, as the two sides swapped blame for failing to strike a trade deal with just weeks until the end-of-...
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European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier leaves after addressing a media conference at an EU summit in Brussels, Thursday, Oct. 15, 2020. European Union leaders met in person for the first day of a two-day summit, amid the worsening coronavirus pandemic, to discuss topics ranging from Brexit to climate and relations with Africa. (Yves Herman, Pool via AP)
October 15, 2020 - 4:00 pm
BRUSSELS (AP) — With both sides digging in their heels as another Brexit deadline passed Thursday, the European Union and Britain demanded concessions from one another in talks on a basic trade deal that would soften the economic blow of the coronavirus pandemic for all. The EU leaders meeting in a...
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