Economic policy

European Union's chief Brexit negotiator Michel Barnier speaks during a media conference, following the third round of Brexit talks between the EU and Britain, at EU headquarters in Brussels, Friday, May 15, 2020. Talks between the European Union and the United Kingdom on their future relationship in the wake of Brexit have ground to a near-standstill despite the urgency for progress before a summit next month.(Francois Lenoir, Pool Photo via AP)
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June 05, 2020 - 8:42 am
BRUSSELS (AP) — Another round of trade discussions between the European Union and the U.K. ended Friday — and once again there were no signs of real progress ahead of a looming deadline on whether a transition arrangement can be extended. Following four days of video discussions because of the...
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The buildings of the banking district are seen in Frankfurt, Germany, at dawn on early Sunday, May 31, 2020. (AP Photo/Michael Probst)
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June 04, 2020 - 8:48 am
FRANKFURT, Germany (AP) — The economy of the 19-country eurozone is forecast to shrink by 8.7% this year as it suffers from the shutdown of business during the pandemic lockdown, the European Central Bank said Thursday. The central bank said it expects a rebound of 5.2% in 2021 and 3.3% in 2022...
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In this June 2, 2020, photo, Democratic presidential candidate, former Vice President Joe Biden speaks in Philadelphia. Biden is pledging to unveil a series of proposals in coming weeks aimed at reversing the economic devastation wrought by the pandemic and addressing inequalities sparking protests sweeping the country. (AP Photo/Matt Rourke)
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June 04, 2020 - 5:48 am
WASHINGTON (AP) — Joe Biden is pledging to unveil a series of proposals in coming weeks aimed at reversing the economic devastation wrought by the coronavirus pandemic and addressing inequalities that have contributed to protests sweeping the country. The presumptive Democratic presidential nominee...
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FILE - In this March 18, 2020 file photo, a Southern China Airlines flight from Guangzhou, China passes in front of the sun as it arrives at Vancouver International Airport in Richmond, British Columbia, Canada. On Wednesday, June 3, 2020, the Trump administration moved to block Chinese airlines from flying to the U.S. in an escalation of trade and travel tensions between the two countries. (Jonathan Hayward/The Canadian Press via AP)
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June 03, 2020 - 11:51 pm
The Trump administration moved Wednesday to block Chinese airlines from flying to the U.S. in an escalation of trade and diplomatic tensions between the two countries. The Transportation Department said it would suspend passenger flights of four Chinese airlines to and from the United States...
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FILE - In this May 3, 2020, file photo, light shines from inside the U.S. Capitol dome at dusk on Capitol Hill in Washington. (AP Photo/Patrick Semansky)
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June 03, 2020 - 6:07 pm
WASHINGTON (AP) — A widely supported bill to refine a payroll subsidy program for businesses struggling during the COVID-19 pandemic could soon be on its way to getting signed into law by President Donald Trump despite hitting a speed bump in the Senate on Wednesday. The legislation would give...
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In this Monday, March 2, 2020 file photo, European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier, right, speaks with the British Prime Minister's Europe adviser David Frost during the start of the first round of post -Brexit trade talks between the EU and the UK, at EU headquarters in Brussels. Slowed by the coronavirus pandemic and whipped up by a British-imposed deadline, talks between the EU and the UK on a future relationship in the wake of Brexit are struggling to make significant progress. A third negotiation session is drawing to a close on Friday, May 15, 2020 but so far, just over 100 days after the official exit of the UK from the EU, fundamental gaps still exist. (Olivier Hoslet, Pool Photo via AP, File)
1010 WINS Newsroom
June 03, 2020 - 8:42 am
LONDON (AP) — The Bank of England is reminding British banks to prepare for the possibility that the U.K. and the European Union will fail to agree on a trade deal by the end of the year, amid few signs of progress in discussions between the two sides. In a statement Wednesday following reports...
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German Chancellor Angela Merkel, right, and German Finance Minister Olaf Scholz, left, attend the weekly cabinet meeting at the Chancellery in Berlin, Germany, Wednesday, June 3, 2020. (Michael Kappeler/DPA via AP, Pool)
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June 03, 2020 - 5:02 am
BERLIN (AP) — Europe's unemployment rate ticked up modestly last month, contained by use of labor programs that have kept millions of workers on payrolls and as some people stopped looking for work, official data showed Wednesday. The jobless rate in the 19 countries that use the euro rose to 7.3%...
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Na Seung-sik, deputy minister of the Ministry of Trade, Industry and Energy's Office of Trade and Investment, speaks during a briefing at the government complex in Sejong, South Korea, Tuesday, June 2, 2020. Reigniting a bitter row between key U.S. allies, South Korea on Tuesday said it will reopen a complaint filed with the World Trade Organization over Japan’s tightened controls on technology exports to its companies, blaming Tokyo for an alleged lack of commitment in resolving mutual grievances. (Kang Jong-min/Newsis via AP)
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June 02, 2020 - 3:27 am
SEOUL, South Korea (AP) — Reigniting a bitter row between key U.S. allies, South Korea on Tuesday said it will reopen a complaint filed with the World Trade Organization over Japan’s tightened controls on technology exports to its companies, blaming Tokyo for an alleged lack of commitment in...
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President Donald Trump speaks in the Rose Garden of the White House, Friday, May 29, 2020, in Washington. (AP Photo/Alex Brandon)
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May 30, 2020 - 12:45 pm
WASHINGTON (AP) — President Donald Trump has announced what he said are “significant actions” regarding U.S. relations with Hong Kong. But the measures are still just a warning, at least for now. He said he would direct his administration to begin eliminating the policies that give the semi-...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 29, 2020. Shares fell Friday in Asia after Wall Street’s rally petered out amid worries about flaring U.S.-China tensions. (AP Photo/Eugene Hoshiko)
1010 WINS Newsroom
May 29, 2020 - 5:01 pm
Stocks closed out a solid week on Wall Street Friday with a late-afternoon rebound after worries that President Donald Trump would reignite a costly trade war with China faded. The benchmark S&P 500 index rose 0.5%, recovering from a 1% slide, after Trump outlined several actions in response to...
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