Latest Financial crisis News

US urges Lebanese leaders to break political impasse

Apr. 14, 2021 08:00 AM EDT

BEIRUT (AP) — A senior U.S. official on Wednesday berated Lebanese politicians for fighting over the formation of a new government for months while millions endure mounting economic hardship. David Hale, U.S. undersecretary of state for political affairs, said America...

US intel report: Virus impact to cause global 'aftershocks'

Apr. 13, 2021 15:11 PM EDT

WASHINGTON (AP) — The effects of the coronavirus pandemic are expected to contribute over the next year to “humanitarian and economic crises, political unrest, and geopolitical competition,” according to a new intelligence report that also warns about the threats from foreign...

Muslims navigate restrictions in the second pandemic Ramadan

Apr. 12, 2021 14:07 PM EDT

CAIRO (AP) — For Ramadan this year, Magdy Hafez has been longing to reclaim a cherished ritual: performing the nighttime group prayers called taraweeh at the mosque once again. Last year, the coronavirus upended the 68-year-old Egyptian’s routine of going to the...

Lebanon extends area claimed in border dispute with Israel

Apr. 12, 2021 08:31 AM EDT

BEIRUT (AP) — Lebanon’s outgoing minister of public works said Monday that he has signed a decree that would increase the area claimed by the Mediterranean country in a maritime border dispute with Israel. Public Works Minister Michel Najjar told reporters that he has...

Ecuador, Peru to elect presidents amid strengthened pandemic

Apr. 09, 2021 08:25 AM EDT

LIMA, Peru (AP) — A surging coronavirus pandemic that has brought on new lockdown measures and exacerbated fatigue in Ecuador and Peru has left many voters generally indifferent to the names they will see on the ballots Sunday, when the neighboring South American nations are set to choose...

Loud debates, fun banter: Mideast finds outlet in Clubhouse

Apr. 09, 2021 05:32 AM EDT

BEIRUT (AP) — They are boisterous, argumentative and at times downright hilarious. Hundreds of thousands of people in the Arab world are turning to Clubhouse, the fast-growing audio chat app, to mock and vent against longtime rulers, debate sensitive issues from...

Senators give initial OK to $9.7B Nebraska budget package

Apr. 08, 2021 20:03 PM EDT

OMAHA, Neb. (AP) — Nebraska lawmakers gave initial approval Thursday to a $9.7 billion state budget that includes more money for property tax credits and college scholarships while setting aside $115 million for a possible state prison to ease overcrowding. Lawmakers...

Wyoming lawmakers adjourn with $300M K-12 deficit unresolved

Apr. 08, 2021 18:39 PM EDT

CHEYENNE, Wyo. (AP) — Wyoming lawmakers ended a month-long legislative session without agreement on resolving a $300 million education funding shortfall. House and Senate members remained at odds late Wednesday on where cuts should occur, how to spend federal funds and...

Editorial Roundup: US

Apr. 08, 2021 00:32 AM EDT

Excerpts from recent editorials in the United States and abroad: ___ April 7 The Boston Globe on ‘vaccine passports’: A traveler shows up at an airline gate, claiming that she’s been fully vaccinated...

Report: Pandemic amped up anti-Semitism, forced it online

Apr. 07, 2021 06:01 AM EDT

TEL AVIV, Israel (AP) — Coronavirus lockdowns last year shifted some anti-Semitic hatred online, where conspiracy theories blaming Jews for the pandemic’s medical and economic devastation abounded, Israeli researchers reported Wednesday. That’s raised concerns about a rise in...