Fiscal policy

1010 WINS Newsroom
January 01, 2020 - 5:20 am
BEIJING (AP) — China's central bank said Wednesday it will cut the amount of money banks will be required to have on hand from Jan. 6 in an effort to boost the slowing economy. The People's Bank of China announced that the reserve requirement ratio for financial institutions would be lowered by 50...
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In this Sept. 23, 2019 photo, rescued migrants look at a map of Europe aboard the Ocean Viking humanitarian ship as it sails in the Mediterranean Sea. The misery of migrants in Libya has spawned a thriving and highly lucrative business, in part funded by the EU and enabled by the United Nations, an Associated Press investigation has found. (AP Photo/Renata Brito)
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December 31, 2019 - 2:29 pm
TRIPOLI, Libya (AP) — When the European Union started funneling millions of euros into Libya to slow the tide of migrants crossing the Mediterranean, the money came with EU promises to improve detention centers notorious for abuse and fight human trafficking. That hasn’t happened. Instead, the...
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FILE — In this Aug. 28, 2019 file photo supporters of a measure to limit when companies can label workers as independent contractors circle the Capitol during a rally in Sacramento, Calif. Gov. Gavin Newsom signed a measure, to take effect in 2020, making it harder for industries to treat workers like contractors instead of employees who are entitled to minimum wage and other benefits. Uber, Lyft and DoorDash have said they'll spend $30 million to put an initiative on the 2020 ballot to overturn the law. (AP Photo/Rich Pedroncelli, File)
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December 29, 2019 - 11:41 am
SACRAMENTO, Calif. (AP) — California’s long tradition of advancing nation-leading legislation continues into the new year, with laws reining in the gig economy, boosting online privacy and discouraging shootings by police, among other potential trend-setters. The laws have sent businesses including...
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Chinese investors monitor stock prices at a brokerage house in Bejiing, Thursday, Dec. 26, 2019. Shares are mostly higher in Asia with many world markets closed for Christmas holidays. (AP Photo/Mark Schiefelbein)
1010 WINS Newsroom
December 26, 2019 - 3:33 am
TOKYO (AP) — Global markets edged higher on Thursday though trading was subdued after the Christmas holidays. Chinese markets surged after the government announced a relaxation of residency restrictions for small and medium cities that boosted property stocks. The Shanghai Composite index jumped 0...
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President Donald Trump shakes hands with Gen. Jay Raymond, after signing the letter of his appointment as the chief of space operations for U.S. Space Command during a signing ceremony for the National Defense Authorization Act for Fiscal Year 2020 at Andrews Air Force Base, Md., Friday, Dec. 20, 2019. (AP Photo/Andrew Harnik)
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December 21, 2019 - 1:22 am
WASHINGTON (AP) — President Donald Trump on Friday celebrated the launch of Space Force, the first new military service in more than 70 years. In signing the 2020 National Defense Authorization Act that includes Space Force, Trump claimed a victory for one of his top national security priorities...
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President Donald Trump greets people after signing the National Defense Authorization Act for Fiscal Year 2020 at Andrews Air Force Base, Md., Friday, Dec. 20, 2019, before traveling to Mar-a-lago in Palm Beach, Fla. At left is first lady Melania Trump. (AP Photo/Andrew Harnik)
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December 20, 2019 - 10:32 pm
WEST PALM BEACH, Fla. (AP) — President Donald Trump signed off Friday on nearly $1.4 trillion in spending that will keep the government funded through Sept. 30, dodging the possibility of a shutdown ahead of what's expected to be a contentious election season. White House deputy press secretary...
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FILE - In this Monday Feb. 25, 2019 file photo, Chief Executive of the Financial Conduct Authority Andrew Bailey speaks at a press conference at the Bank of England in London. The British government has named Andrew Bailey, head of the U.K.’s finance watchdog, as the next governor of the Bank of England, and will replace current governor Mark Carney on March 16, 2019. (Kirsty O'Connor/Pool via AP, File)
1010 WINS Newsroom
December 20, 2019 - 9:57 am
LONDON (AP) — Andrew Bailey, head of Britain’s financial watchdog, will be the next governor of the Bank of England, where his top challenge will be navigating any choppy waters during the country's departure from the European Union. Treasury chief Sajid Javid, who announced the appointment Friday...
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Sen. Rob Portman, R-Ohio, left, talks with Senate Majority Leader Mitch McConnell of Ky., Thursday, Dec. 19, 2019, on Capitol Hill in Washington. (AP Photo/Patrick Semansky)
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December 19, 2019 - 5:27 pm
WASHINGTON (AP) — The Senate passed a $1.4 trillion government spending package Thursday in a last bipartisan burst of legislating before bolting for the holidays from a Capitol riven by impeachment. Lawmakers cleared the two-bill package in a set of votes, sending it to President Donald Trump in...
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The U.S. Capitol in Washington is shrouded in mist, Friday night, Dec. 13, 2019. This coming week’s virtually certain House impeachment of President Donald Trump will underscore how Democrats and Republicans have morphed into fiercely divided camps since lawmakers impeached President Bill Clinton.(AP Photo/J. Scott Applewhite)
1010 WINS Newsroom
December 17, 2019 - 8:14 pm
WASHINGTON (AP) — The Democratic-controlled House voted Tuesday to pass a $1.4 trillion government spending package, handing President Donald Trump a victory on his U.S.-Mexico border fence while giving Democrats spending increases across a swath of domestic programs. The hard-fought legislation...
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The U.S. Capitol in Washington is shrouded in mist, Friday night, Dec. 13, 2019. This coming week’s virtually certain House impeachment of President Donald Trump will underscore how Democrats and Republicans have morphed into fiercely divided camps since lawmakers impeached President Bill Clinton.(AP Photo/J. Scott Applewhite)
1010 WINS Newsroom
December 16, 2019 - 8:52 pm
WASHINGTON (AP) — House leaders on Monday unveiled a $1.4 trillion government-wide spending package that's carrying an unusually large load of unrelated provisions catching a ride on the last train out of Congress this year. A House vote is slated for Tuesday on the sprawling package, some 2,313...
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