Government debt

An attendant shows an automotive product to a driver in front of a display with new fuel prices at a gas station in Quito, Ecuador, Tuesday, Oct. 15, 2019. The recent strike that paralyzed the Andean nation for almost two weeks, has left a gaping hole in Ecuador’s economy, this after President Lenin Moreno called back his elimination of fuel subsidies which provoked the violent protests. (AP Photo/Dolores Ochoa)
October 15, 2019 - 6:16 pm
QUITO, Ecuador (AP) — President Lenín Moreno survived the toughest political crisis of his presidency by negotiating an end to indigenous anti-austerity protests. Now he faces an even tougher challenge. Ten years of populist rule and a drop in oil prices have left Ecuador with a $64 billion public...
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Volunteers help to clean up streets in the aftermath of violent protests against the government, in Quito, Ecuador, Monday, Oct. 14, 2019. Ecuador celebrated a deal President Lenín Moreno and indigenous leaders struck late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead. (AP Photo/Fernando Vergara)
October 14, 2019 - 3:03 pm
QUITO, Ecuador (AP) — Thousands of indigenous demonstrators, student volunteers and local residents launched a massive cleanup Monday of a Quito park where anti-austerity protesters fought police for days, leaving piles of burning tires, trees and construction material. The cleanup began hours...
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Indigenous leaders attend negotiations with President Lenin Moreno in Quito, Ecuador, Sunday, Oct. 13, 2019. The government and indigenous protesters started negotiations aimed at defusing more than a week of demonstrations that have paralyzed the nation's economy. (AP Photo/Fernando Vergara)
October 13, 2019 - 11:14 pm
QUITO, Ecuador (AP) — President Lenín Moreno and leaders of Ecuador's indigenous peoples struck a deal late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead. Under the agreement announced just before 10 p.m.,...
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FILE - In this Sept. 18, 2019, file photo Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. On Tuesday, Oct. 8, Powell is scheduled to speak about the Fed’s interest rate policy in Denver at the annual meeting of the National Association for Business Economics. (AP Photo/Patrick Semansky, File)
October 08, 2019 - 4:35 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that U.S. job growth since early last year was not as robust as thought, a hint that the Fed may be ready to keep cutting interest rates to support the economy. Powell also said the Fed will soon announce plans to buy Treasurys,...
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October 07, 2019 - 6:57 pm
WASHINGTON (AP) — The government ran a budget deficit of just under $1 trillion in the just-closed fiscal year, the Congressional Budget Office said Monday. The $984 billion deficit tally for 2019 came in more than $200 billion more than last year's, despite very low unemployment and continuing...
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A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, Sept. 24, 2019. Shares have edged higher in Asia as U.S. Treasury Secretary Steven Mnuchin confirmed that China-U.S. trade talks were due to resume in two weeks’ time. The Shanghai Composite index rose 0.8% and shares also rose in Tokyo and Hong Kong. (AP Photo/Koji Sasahara)
September 24, 2019 - 3:52 am
BANGKOK (AP) — Shares edged higher in Asia on Tuesday after U.S. Treasury Secretary Steven Mnuchin confirmed that China-U.S. trade talks were due to resume in two weeks' time. The Shanghai Composite index rose 0.3% to 2,985.34 while Japan's Nikkei 225 added 0.1% to 22,098.84. Markets in China were...
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Republican presidential candidate, former South Carolina Gov. Mark Sanford chats with patrons at the Puritan Backroom restaurant, as he campaigns, Thursday, Sept. 19, 2019, in Manchester, N.H. (AP Photo/Elise Amendola)
September 19, 2019 - 8:34 pm
MANCHESTER, N.H. (AP) — Mark Sanford's first presidential campaign stop in New Hampshire began with an interruption in the hopes of being heard. Sanford, the former South Carolina governor and congressman, entered a Manchester diner and found his way to an AARP meeting in the back. "Can I be rude...
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Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. (AP Photo/Patrick Semansky)
September 18, 2019 - 4:03 pm
The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans' personal finances, experts say. That's because the reduction doesn't offset the increases of recent years. And as the key rate creeps closer...
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John Wilson, with the New York Stock Exchange, monitors stock activity, Monday, Sept. 16, 2019. Global stock markets sank Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. (AP Photo/Mark Lennihan)
September 16, 2019 - 11:36 am
NEW YORK (AP) — Stock markets around the world took an apprehensive step backward Monday after an attack on Saudi Arabia's biggest oil processing facility sent the price of oil surging. The attack, which Yemeni rebels said they were behind, raised worries about the risk of more disruptions for oil...
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Traders Edward Curran, left, and Gregory Rowe work on the floor of the New York Stock Exchange, Friday, Sept. 13, 2019. Stocks are having a mixed performance early on Wall Street Friday as gains in banks and energy companies are offset somewhat by a drop in technology stocks. (AP Photo/Richard Drew)
September 13, 2019 - 12:06 pm
NEW YORK (AP) — U.S. stocks gave a mixed performance in midday trading on Friday as health care, banks and industrial companies gained ground and offset a decline in technology stocks. Still, stocks are on track for their third straight weekly gain, having been bolstered in prior sessions by an...
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