Economy

FILE - In this April 29, 2019, file photo, Palestinian President Mahmoud Abbas, center, chairs a session of the weekly cabinet meeting in the West Bank city of Ramallah. The Trump administration will unveil the first phase of its long-awaited blueprint for Mideast peace next month at a conference in the region designed to highlight economic benefits that could be reaped if the Israeli-Palestinian conflict is resolved, the White House said Sunday, May 19. Jared Kushner and Jason Greenblatt, envoy of international negotiations, have been leading efforts to write the plan, but so far, there's been no participation from the Palestinians. (AP Photo/Majdi Mohammed, Pool, File)
May 20, 2019 - 7:42 am
JERUSALEM (AP) — The Palestinian prime minister said Monday that any American peace plan that ignores the Palestinian people's political aspirations for an independent state is doomed to fail. Mohammad Shtayyeh's comments immediately cast a cloud over the American-led Mideast peace conference...
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Cars for export and import are stored in front of containers on Thursday, May 16, 2019 at the harbor in Bremerhaven, Germany, with 2 million vehicles per annum one of the largest automobile hubs in the world. US President Donald Trump is delaying any decision to impose tariffs on car and auto-part imports for now. (AP Photo/Martin Meissner)
May 20, 2019 - 7:38 am
BRUSSELS (AP) — The European Union is rejecting claims that Europe's car exports pose a threat to the United States after U.S. Commerce Secretary Wilbur Ross ruled that imported vehicles and parts imperil national security. European Commission spokesman Margaritis Schinas said Monday that "the EU...
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In this photo taken Thursday, May 16, 2019, a man past by a Huawei store in Beijing. Google is assuring users of Huawei smartphones the American company's services still will work on them following U.S. government restrictions on doing business with the Chinese tech giant. (AP Photo/Ng Han Guan)
May 20, 2019 - 7:37 am
BEIJING (AP) — Google said Monday its basic services on Huawei smartphones still will function following U.S. sales curbs, but the Chinese tech giant faces the possible loss of other features and support. The announcement highlighted the growing damage to Huawei from Washington's order. The company...
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Cars for export and import are stored in front of containers on Thursday, May 16, 2019 at the harbor in Bremerhaven, Germany, with 2 million vehicles per annum one of the largest automobile hubs in the world. US President Donald Trump is delaying any decision to impose tariffs on car and auto-part imports for now. (AP Photo/Martin Meissner)
May 20, 2019 - 7:25 am
BERLIN (AP) — Germany's central bank says it expects the country's economy, Europe's biggest, to turn in a feeble performance in the current quarter after returning to growth in the winter. Solid consumer spending and a construction boom helped the economy grow by 0.4% in the January-March period...
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People stand by an electronic stock board of a securities firm in Tokyo, Monday, May 20, 2019. Shares are mixed in Asia, with India and Australia leading gains following elections that look set to keep incumbents in office. (AP Photo/Koji Sasahara)
May 20, 2019 - 5:57 am
BANGKOK (AP) — Shares declined in Europe on Monday after a mixed day in Asia in the absence of positive updates on the trade standoff between the U.S. and China. Britain's FTSE 100 lost 0.7% at 7,297.67 while Germany's DAX declined 1.2% to 12,091.38. The CAC 40 in France shed 1.2% to 5,374.14. Wall...
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May 19, 2019 - 10:58 pm
BANGKOK (AP) — Shares are mixed in Asia, with India and Australia leading gains following elections that look set to keep incumbents in office. Japan's Nikkei 225 index edged up 0.3% as the government reported Monday that the economy grew at a better-than-expected 2.1% annual pace in January-March...
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In this April 15, 2019, photo, people cross the street in Tokyo. The Japanese government says the economy grew at an annual pace of 2.1% in the first quarter, marking the second straight quarter of expansion. The Cabinet Office said Monday, May 20, 2019, seasonally adjusted real gross domestic product, the total value of a nation’s goods and services, grew 0.5% in the January-March period from the previous quarter. (AP Photo/Koji Sasahara)
May 19, 2019 - 10:23 pm
TOKYO (AP) — Japan's economy grew at an annual pace of 2.1% in the first quarter, marking the second straight quarter of expansion, according to government data released Monday. The Cabinet Office said seasonally adjusted real gross domestic product, the total value of a nation's goods and services...
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May 19, 2019 - 2:58 pm
WASHINGTON (AP) — The U.S. will roll out the first phase of its Middle East peace plan next month at a conference in Bahrain on the economic benefits that could flow from an end to the Israeli-Palestinian conflict, the White House said Sunday. The plan envisions large-scale investment and...
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FILE - In this March 31, 2008 file photo, Argentina's President Cristina Fernandez, left, talks to her Chief of Cabinet, Alberto Fernandez, during a meeting at the presidential palace in Buenos Aires. Cristina Fernandez announced on Saturday her candidacy for vice president in October's general elections on Saturday, May 18, 2019, and that Alberto Fernández will run for the presidency against conservative President Mauricio Macri. (AP Photo/Natacha Pisarenko, File)
May 18, 2019 - 2:17 pm
BUENOS AIRES, Argentina (AP) — Argentina's former President Cristina Fernández announced on Saturday her candidacy for vice president in October's general elections, a surprising move that now puts a more moderate challenger at the helm of the presidential ticket. In a video posted on Twitter on...
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President Donald Trump speaks at the National Association of REALTORS Legislative Meetings and Trade Expo, Friday, May 17, 2019, in Washington. (AP Photo/Alex Brandon)
May 18, 2019 - 5:23 am
WASHINGTON (AP) — The Latest on President Donald Trump and U.S. trade tariffs (all times local): 4:50 p.m. Mexico's National Chamber of the Iron and Steel Industry is congratulating the country's officials on the agreement reached with the United States on ending steel and aluminum tariffs. The...
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