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FILE - In this July 25, 2006, file photo, Lebanese refugees at the Syrian-Lebanese border crossing at Jdaidet Yabous talk with their relatives in Lebanon through mobile phones provided free by Syrian telecommunication company Syriatel. The unprecedented public crackdown on Syria's wealthiest businessman Rami Makhlouf, a close cousin of Bashar Assad, comes as the embattled president seeks to consolidate power and rein in war profiteers. Syria is preparing for a new phase of economic hardship and U.S.-led sanctions that some say might be more difficult to weather than war. (AP Photo/ Bassem Tellawi, File)

Syria's Assad seeks to control economy, goes after cousin

Jun. 4, 2020 3:39 PM EDT

BEIRUT (AP) — On a summer day last year, presidential guards drove out of the charity organization founded by Syria’s wealthiest businessman and a close cousin of President Bashar Assad, carting away boxes of documents and computers. At the same time, the charity’s director was being...

Signs recommending people wear face coverings to help stop the spread of coronavirus are displayed in Waterloo station, London, Thursday, June 4, 2020. Waterloo station, which is wide recognised as the busiest train station in Britain, is still much quieter than normal as most commuters are working from home and not commuting into central London offices. (AP Photo/Matt Dunham)

Soccer club Tottenham among firms to tap virus loan scheme

Jun. 4, 2020 12:13 PM EDT

LONDON (AP) — British Airways, Marks & Spencer and even Premier League soccer club Tottenham Hotspur are among 53 big companies to take advantage of a special coronavirus loan scheme from the Bank of England to tide them over during the pandemic. The central bank revealed Thursday for the first time...

A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020.  Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)

Asia markets mixed after Wall Street rises on better US data

Jun. 3, 2020 11:54 PM EDT

Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shanghai and Hong Kong declined while Tokyo, Sydney and Southeast Asia advanced. Stock markets have risen on optimism about a possible global recovery...

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)

Senate passes fix for small-business coronavirus relief

Jun. 3, 2020 8:44 PM EDT

WASHINGTON (AP) — The Senate on Wednesday passed legislation to make it easier for businesses struggling during the coronavirus pandemic to take advantage of a payroll subsidy program that's been a central part of Washington's response to the corresponding economic crisis. The Senate passed the bill by...

German Chancellor Angela Merkel speaks at a press conference at the Chancellery in Berlin, Wednesday June 3, 2020, after coalition meetings. Germany’s governing parties agreed on a 130 billion euro ($146 billion) stimulus package Wednesday meant to help kick-start Europe’s biggest economy, which has taken a heavy hit from the coronavirus pandemic. Following two days of talks in Berlin, Chancellor Angela Merkel said the package was a “bold response” that would boost consumption and investment and ease the strain on families and others. (John MacDougall/Pool via AP)

Germany agrees $146B stimulus package as Europe jobless rise

Jun. 3, 2020 6:19 PM EDT

BERLIN (AP) — Germany’s governing parties agreed on a 130 billion euro ($146 billion) stimulus package Wednesday to help kick-start the economy, which like others around the world has taken a heavy hit from the coronavirus pandemic. Following 21 hours of talks over two days, Chancellor Angela Merkel...

In this May 21, 2020, photo, grave diggers bury a body at Radwan Cemetery in Aden, Yemen. At a cemetery in Yemen’s largest southern city, dozens of fresh graves are a testament to a spike in deaths amid the coronavirus pandemic. The cemetery workers who bury them don’t know what killed the newly deceased. But there’s no denying that there's been an increasing number of people getting sick in the port city of Aden — likely from the coronavirus. (AP Photo)

UN appeal for urgent Yemen aid falls $1B short amid virus

Jun. 2, 2020 2:48 PM EDT

DUBAI, United Arab Emirates (AP) — A United Nations appeal Tuesday for countries to fund emergency aid in Yemen, where more than five years of war have collapsed the country's health care system, raised $1.35 billion — a billion dollars short of what aid agencies needed. The amount raised is also...

FILE - In this Feb. 25, 2020 file photo, tribesmen loyal to Houthi rebels chant slogans during a gathering aimed at mobilizing more fighters for the Houthi movement in Sanaa, Yemen. Aid organizations are making an urgent plea for donations to shore up their operations in war-torn Yemen, saying they’ve already been forced to stop some of their work even as the coronavirus rips through the country. The calls for funds come ahead of a UN donor conference, hosted virtually by Saudi Arabia, scheduled to take place Tuesday, June 2, 2020. (AP Photo/Hani Mohammed, File)

UN forced to cut aid to Yemen, even as virus increases need

Jun. 1, 2020 2:05 PM EDT

CAIRO (AP) — Aid organizations are making an urgent plea for funding to shore up their operations in war-torn Yemen, saying they have already been forced to stop some of their work even as the coronavirus rips through the country. Some 75% of U.N. programs in Yemen have had to shut their doors or reduce...

A woman passes a fence outside Brooklyn's Green-Wood Cemetery adorned with tributes to victims of COVID-19, Thursday, May 28, 2020, in New York. The memorial is part of the Naming the Lost project which attempts to humanize the victims who are often just listed as statistics. (AP Photo/Mark Lennihan)

The Latest: 400 German managers, workers returning to China

May. 29, 2020 10:43 PM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Two United Nations peacekeepers serving in Mali have died...

John Price and Bijan Black have lunch with their son Parker Price, 2, all of Seat Pleasant, Md., at the Wharf area in Washington, Friday, May 29, 2020. This was their first time venturing out since the coronavirus pandemic started. (AP Photo/Susan Walsh)

Trump takes aim at WHO as US economic outlook worsens

May. 29, 2020 8:52 PM EDT

WASHINGTON (AP) — With new U.S. economic numbers highlighting the rough road ahead for a hoped-for rebound, President Donald Trump on Friday took aim at the World Health Organization and China, blaming both for their roles in the pandemic's devastation. Trump announced that the United States will end its...

A woman walks past a boarded up business, Thursday, May 28, 2020, in East Cleveland, Ohio. The state says about 1.3 million Ohioans have filed unemployment claims in the past 10 weeks as Ohio's stay-at-home order depressed the economy and led to widespread layoffs. The Ohio Department of Job and Family Services says about 42,000 people filed claims for the week ending May 23. (AP Photo/Tony Dejak)

Rising US job losses stir fears of lasting economic damage

May. 28, 2020 10:08 PM EDT

WASHINGTON (AP) — The coronavirus crisis threw at least 2.1 million Americans out of work last week despite the gradual reopening of businesses around the country, stoking fears Thursday that the scourge is doing deep and potentially long-lasting damage to the U.S. economy. Despite a few glimmers of hope,...