Economic policy

People walk in a market in Istanbul, Monday, Aug. 13, 2018. Turkey's central bank announced a series of measures on Monday to free up cash for banks as the country grapples with a currency crisis. The Turkish lira has nosedived over the past week and tumbled another 7 percent on Monday as the central bank's measures failed to restore investor confidence. (AP Photo/Mucahid Yapici)
August 14, 2018 - 4:45 am
ANKARA, Turkey (AP) — The Turkish currency has stabilized near record lows as investors gauge the government's next move to avoid a full-blown financial crisis. The Turkish lira has been hit by concerns over President Recep Tayyip Erdogan's economic policies and a trade and diplomatic dispute with...
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New England governors and Eastern Canadian premiers sit during a news conference on Monday, Aug. 13, 2018, in Stowe, Vt. From left, are Prince Edward Island a premier Wade MacLauchlan, Massachusetts Gov. Charlie Baker, Quebec Premier Philippe Couillard, Vermont Gov. Phil Scott, New Brunswick Premier Brian Gallant, Connecticut Gov. Dannel P. Malloy, Newfoundland and Labrador Premier Dwight Ball, Nova Scotia Trade Minister Geoff MacLellan and Taylor Caswell, Commissioner of the New Hampshire Department of Business and Economic Affairs. (AP Photo/Lisa Rathke)
August 13, 2018 - 9:22 pm
STOWE, Vt. (AP) — Some governors from the northeast U.S. and premiers from eastern Canada on Monday called for the end of the trade war between the U.S. and Canada and a successful renegotiation of the North American Free Trade Agreement as they gathered in Vermont for an annual meeting. Despite...
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A Turkish waits to change his US dollars with Turkish liras inside a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 9:55 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 4:55 p.m. Germany's foreign minister says it would be in Turkey's own interest to come to an agreement with the United States and others on the release of foreign prisoners. Angered by the continued detention of an...
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FILE - In this June 8, 2018, file photo, Chinese President Xi Jinping attends a signing ceremony at the Great Hall of the People in Beijing. Just months after clearing the way to rule in perpetuity president and ruling Communist Party leader Xi Jinping is best by a wave of economic, foreign policy and domestic political challenges. (AP Photo/Mark Schiefelbein, File)
August 13, 2018 - 1:45 am
BEIJING (AP) — As China's leaders gather for their annual Yellow Sea retreat, the country's political waters are looking choppy. Chinese President and ruling Communist Party leader Xi Jinping is beset by economic, foreign policy and domestic political challenges just months after clearing his way...
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A man checks foreign currency exchange rates outside a currency exchange shop in an Istanbul's market, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. . (AP Photo/Mucahid Yapici)
August 12, 2018 - 5:06 pm
ISTANBUL (AP) — Turkey's finance minister said Sunday that the government has prepared "an action plan" aimed at easing market concerns that have led to a slump in the value of the nation's currency. In an interview with the newspaper Hurriyet, Treasury and Finance Minister Berat Albayrak also said...
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Turkey's President Recep Tayyip Erdogan addresses supporters at his Black Sea hometown, Guneysu, Turkey, early Friday, Aug. 10, 2018. Turkey's Finance and Treasury Minister Berat Albayrak will reveal a " new economic model " as the Turkish Lira has lost more than 30 percent of its value since the start of the year.(Presidential Press Service via AP, Pool)
August 10, 2018 - 6:34 pm
ANKARA, Turkey (AP) — A financial shockwave ripped through Turkey on Friday, when its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. The lira tumbled 14 percent in...
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Turkey's President Recep Tayyip Erdogan announces plan of action for the first 100 days of his new presidency, in Ankara, Turkey, Friday, Aug. 3, 2018. (AP Photo/Burhan Ozbilici)
August 10, 2018 - 3:01 pm
ANKARA, Turkey (AP) — The Latest on Turkey's financial turmoil (all times local): 9:20 p.m. A Turkish official says U.S. President Donald Trump's decision to double tariffs on Turkish steel and aluminum imports, which he announced on Twitter, lacked "state seriousness." Foreign Ministry spokesman...
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FILE- This March 5, 2018, file photo show the East Front of the U.S. Capitol at sunset in Washington. On Friday, Aug. 10, the Treasury Department releases federal budget data for July. (AP Photo/Alex Brandon, File)
August 10, 2018 - 2:52 pm
WASHINGTON (AP) — The federal government racked up a $76.9 billion deficit in July, with increased government spending and tax cuts keeping the country on track to record its biggest annual deficit in six years. The Treasury Department reported Friday that in the first 10 months of this budget year...
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Roh Suk-hwan, deputy commissioner of the Korea Customs Service, announces about North Korea coal at the government complex in Daejeon, South Korea, Friday, Aug. 10, 2018. South Korea says a total of 35,000 tons of North Korean coal and pig iron worth $5.8 million illegally entered its ports last year, in possible violations of UN sanctions. (Lee Jin-wook/Yonhap via AP)
August 10, 2018 - 3:52 am
SEOUL, South Korea (AP) — South Korea said a total of 35,000 tons of North Korean coal and pig iron worth $5.8 million illegally entered its ports last year, in possible violations of UN sanctions. Reporting on preliminary results from a 10-month investigation, the Korea Customs Service said Friday...
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A Chinese investor monitors stock prices at a brokerage house in Beijing, China, Thursday, Aug. 9, 2018. (AP Photo/Mark Schiefelbein)
August 09, 2018 - 7:48 am
SEOUL, South Korea (AP) — Global stock markets were mixed Thursday with European stocks trading lower after Chinese markets finished with sharp gains, as investors focus on developments in the trade dispute between the United States and China. KEEPING SCORE: Britain's FTSE 100 fell 0.7 percent to 7...
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