Latest Financial crisis News

Cuba opens door to more private business, but red tape looms

Sep. 16, 2021 09:06 AM EDT

HAVANA (AP) — Opening a small business is a bureaucratic headache in many parts of the world. In Cuba, it's an adventure in largely unknown territory. Most sorts of private businesses have been banned for more than 50 years, even if hundreds of thousands of Cubans in...

The Latest: Taliban order Afghan squatters in Kandahar out

Sep. 15, 2021 15:32 PM EDT

KANDAHAR, Afghanistan — Impoverished Afghans living in a long-abandoned military compound in the southern city of Kandahar say they’re devastated by the Taliban order to expel them from their homes. Several hundred staged a rally against the order on Monday, saying...

Chinese property developer's debt struggle rattles investors

Sep. 15, 2021 05:06 AM EDT

BEIJING (AP) — One of China’s biggest real estate developers is struggling to avoid defaulting on billions of dollars of debt, prompting concern about a broader economic fallout and protests by buyers of unfinished apartments. Evergrande Group appears likely to be...

The Latest: Afghan women soccer players enter Pakistan

Sep. 15, 2021 04:25 AM EDT

ISLAMABAD--- Members of Afghanistan’s women soccer team and their families arrived in Pakistan after fleeing their country in the wake of the Taliban's takeover, local media said Wednesday. It was unclear how many Afghan women players and their family members were...

AP Interview: UN refugee chief says Afghan stability needed

Sep. 15, 2021 01:23 AM EDT

KABUL, Afghanistan (AP) — The international community and the Taliban will need to find a way to deal with each other for the sake of stabilizing Afghanistan, the chief of the U.N. refugee agency said Tuesday. In an interview with The Associated Press, Filippo Grandi...

Lebanese cancer patients face frantic search for medication

Sep. 14, 2021 04:33 AM EDT

QLEIAT, Lebanon (AP) — Saydi Mubarak and her mother share a bond that goes beyond a close mother-daughter relationship: They were both diagnosed with breast cancer a year ago and underwent months of chemotherapy at a Beirut hospital, together facing the anxiety, the hair loss and the...

Report: 2020 is deadliest year for `environmental defenders’

Sep. 13, 2021 13:15 PM EDT

LONDON (AP) — At least 227 people died last year defending their homes, land and livelihoods from environmental exploitation as the deepening climate crisis increasingly pits economic interests against local communities, according to data compiled by the environmental group Global Witness....

Lebanese president wants to resume bailout talks with IMF

Sep. 13, 2021 11:58 AM EDT

BEIRUT (AP) — Lebanon’s new government held its first meeting Monday with a call by the president to resume talks with the International Monetary Fund to help kick-start its recovery from one of the world's worst economic crises in more than a century. The 24-member...

The Latest: US envoy praises Qatar for Afghanistan flights

Sep. 10, 2021 22:17 PM EDT

KABUL, Afghanistan — More than 250 foreign nationals have left Afghanistan in the past three days, says Zalmay Khalilzad, Washington’s special envoy and the architect of an often criticized deal with the Taliban. The deal signed last year provided for the safe...

Guinea junta under pressure amid suspensions, mediations

Sep. 10, 2021 13:51 PM EDT

CONAKRY, Guinea (AP) — International pressure mounted Friday on the junta that seized power in Guinea after the African Union suspended the country and as a delegation of West African officials came to urge a return to democratic rule. The African Union has suspended...