Economic policy

EU chief negotiator Michel Barnier, center, and his team in Westminster, London, Saturday Nov. 28, 2020, ahead of talks with the UK Government. Teams from Britain and the European Union are resuming face-to-face talks on a post-Brexit trade deal, but both sides sound gloomy about striking an agreement in the little remaining time. (Victoria Jones/PA via AP)
November 28, 2020 - 6:21 am
LONDON (AP) — Teams from Britain and the European Union resumed face-to-face talks on a post-Brexit trade deal Saturday, with both sides sounding gloomy about striking an agreement in the little time that remains. EU chief negotiator Michel Barnier returned to London to meet his U.K. counterpart...
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A staff member wearing a face mask stands near a display of Australian wines at the China International Import Expo in Shanghai, Thursday, Nov. 5, 2020. Chinese leaders are conducting an import fair under intensive anti-coronavirus controls in their latest effort to revive the world's No. 2 economy while the United States and Europe struggle with a renewed surge of infections. (AP Photo/Mark Schiefelbein)
November 27, 2020 - 8:54 am
BEIJING (AP) — China on Friday added wine to the growing list of Australian goods barred from its markets in a trade war against Australia over disputes including its support for a probe into the origin of the coronavirus. The Ministry of Commerce imposed import taxes of up to 212.1%, effective...
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November 26, 2020 - 10:46 am
BRUSSELS (AP) — Thanksgiving just got a little bit better for the Maine lobster industry. The European Union parliament on Thursday approved a mini trade deal with the United States, which includes the elimination of customs duties on U.S. lobster imports. The passage with 638 votes for, 45 against...
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FILE - In this Thursday Sept. 24, 2020 file photo, Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing, on Capitol Hill in Washington. The Fed on Wednesday, Nov. 25, released minutes of its Nov. 4-5 meeting revealing that while officials believed that no changes were needed to the bond purchase program at that time, “they recognized that circumstances could shift to warrant such adjustments.” (Drew Angerer/Pool via AP, file)
November 25, 2020 - 2:55 pm
WASHINGTON (AP) — At their meeting earlier this month, Federal Reserve officials discussed possible future adjustments to the central bank's monthly bond purchases to boost the economy. The Fed on Wednesday released minutes of its Nov. 4-5 meeting revealing that while officials believed that no...
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FILE - In this Sept. 2, 2020 file photo, pedestrians walk past a business storefront with store closing and sale signs in Dedham, Mass. The U.S. economy plunged at a record rate in the spring but is poised to break a record for an increase in the just-ending July-September quarter. The Commerce Department reported Wednesday, Sept. 30, that the gross domestic product, the economy’s total output of goods and services, fell at a rate of 31.4% in the April-June quarter, only slightly changed from the 31.7% drop estimated one month ago. (AP Photo/Steven Senne)
The Associated Press
November 25, 2020 - 7:55 am
WASHINGTON (AP) — The U.S. economy rebounded at a record pace of 33.1% in the July-September quarter, unchanged from the first estimate a month ago. But a resurgence in the coronavirus is expected to slow growth sharply in the current quarter with some economists even raising the specter of a...
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FILE - In this Aug. 14, 2019, file photo former Fed Chair Janet Yellen speaks with FOX Business Network guest anchor Jon Hilsenrath in the Fox Washington bureau in Washington. (AP Photo/Andrew Harnik, File)
November 23, 2020 - 11:01 pm
WASHINGTON (AP) — Janet Yellen is in line for another top economic policy job — just in time to confront yet another crisis. Yellen, President-elect Joe Biden's apparent choice for treasury secretary, served on the Federal Reserve's policymaking committee during the 2008-2009 financial crisis that...
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People hold a pig model with a slogan "Betraying pig farmers" during a protest in Taipei, Taiwan, Sunday, Nov. 22. 2020. Thousands of people marched in streets on Sunday demanding the reversal of a decision to allow U.S. pork imports into Taiwan, alleging food safety issues. (AP Photo/Chiang Ying-ying)
November 22, 2020 - 4:55 am
TAIPEI, Taiwan (AP) — Thousands of people marched in Taipei's streets on Sunday demanding the reversal of a decision to allow U.S. pork imports into Taiwan, alleging food safety issues. President Tsai Ing-wen's administration lifted a long-standing ban on U.S. pork and beef imports in August, in a...
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FILE - In this Wednesday, Dec. 4, 2019 file photo, British Prime Minister Boris Johnson, left, welcomes Canadian Prime Minister Justin Trudeau during official arrivals for a NATO leaders meeting at The Grove hotel and resort in Watford, Hertfordshire, England. The U.K. has signed an interim trade deal with Canada _ a rollover measure meant to cement the trading relationship as the government prepares of life outside the European Union. While Britain formally withdrew from the EU in January, it continues to trade with other countries under the bloc’s umbrella during a transition period that is scheduled to end Dec. 31. (AP Photo/Francisco Seco, File)
November 21, 2020 - 12:51 pm
LONDON (AP) — The U.K. signed an interim trade deal with Canada on Saturday, giving it more time to negotiate future trading rules as the British government prepares the country for business life outside the European Union. The stopgap agreement allows trade between the two countries to continue...
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Fans wearing face masks as a precaution against the coronavirus cheer during the Game 4 of the Korean Series, the Korea Baseball Organization's championship round, between Doosan Bears and NC Dinos at Gocheok Sky Dome in Seoul, South Korea, Saturday, Nov. 21, 2020. (AP Photo/Ahn Young-joon)
November 21, 2020 - 3:01 am
SEOUL, South Korea (AP) — South Korea has reported 386 new cases of the coronavirus in a resurgence that could force authorities to reimpose stronger social distancing restrictions after easing them in October to spur a faltering economy. The figures released by the Korea Disease Control and...
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FILE - In this file photo released by Taiwan's Military News Agency, Taiwan war planes are parked on a highway during an exercise to simulate a response to a Chinese attack on its airfields in Changhua in southern Taiwan. Taiwan said Tuesday, Oct 27, 2020, that recent proposed of U.S. sales of missiles and other arms systems will boost the island's ability to credibly defend itself, amid rising threats from China. (Military News Agency via AP, File)
November 20, 2020 - 11:00 pm
TAIPEI, Taiwan (AP) — The U.S. and Taiwan are stepping up cooperation in a newly created economic dialogue, in another move from the outgoing Trump administration to increase official exchanges with the self-ruled island. The two sides signed a five-year agreement establishing the U.S.-Taiwan...
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