National budgets

House Speaker Nancy Pelosi of Calif., gestures while speakings during a news conference on Capitol Hill in Washington, Thursday, Oct. 17, 2019. (AP Photo/Pablo Martinez Monsivais)
October 17, 2019 - 8:10 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi is plowing ahead with her bill to allow Medicare to negotiate prescription drug prices despite a breakdown in relations with her chief bargaining partner on the issue — President Donald Trump. The nonpartisan Congressional Budget Office has estimated the...
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October 16, 2019 - 8:52 am
MILAN (AP) — Italy's new government has reached agreement on a set of budget measures to avoid a sales tax increase that critics warned would hurt the economy by weighing on spending. The measures agreed by Premier Giuseppe Conte's cabinet early Wednesday include revenue-raising measures to fight...
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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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European Union flags flap in the wind as two people walk up a set of stairs outside EU headquarters in Brussels, Sunday, Oct. 13, 2019. Technical talks on Brexit continued in Brussels over the weekend with European Union Brexit negotiator Michel Barnier due to brief EU ambassadors. (AP Photo/Virginia Mayo)
October 14, 2019 - 4:17 am
LONDON (AP) — The Latest on Brexit (all times local): 9:15 a.m. Britain is getting out an ornate royal carriage and a diamond-studded crown for the State Opening of Parliament, a mix of ceremony and politics overshadowed by the looming Brexit deadline. Queen Elizabeth II is due at Parliament to...
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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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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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Portuguese Prime Minister and Socialist Party leader Antonio Costa, center right, with his wife Fernanda Tadeu, center, and Lisbon Mayor Fernando Medina, left, wave to supporters during an election campaign action in downtown Lisbon Friday, Oct. 4, 2019. Portugal will hold a general election on Oct. 6 in which voters will choose members of the next Portuguese parliament. The ruling Socialist Party hopes an economic recovery during its four years of governing will persuade voters to return the party to power. (AP Photo/Armando Franca)
October 05, 2019 - 8:53 am
LISBON, Portugal (AP) — A frequent question asked in Portugal ahead of Sunday's general election is not whether the incumbent Socialist Party will win, but by how big a margin. Recent opinion polls suggest the Socialists enjoy a 10-percentage-point lead. That's largely thanks to an economic...
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European Central Bank President Mario Draghi addresses European Parliament members at the European Parliament in Brussels, Monday, Sept. 23, 2019. (AP Photo/Francisco Seco)
September 30, 2019 - 10:32 am
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi says that stimulus measures including negative interest rates will have to stay in place longer if governments do not step up spending to help growth. Draghi was quoted Monday by the Financial Times as saying: "Our policies will...
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European Union chief Brexit negotiator Michel Barnier, right, shakes hands with Finnish Prime Minister Antti Rinne, left, at EU headquarters in Brussels, Friday, Sept. 27, 2019. (Johanna Geron, Pool Photo via AP)
September 29, 2019 - 11:00 am
HELSINKI (AP) — Finland's prime minister says no European Union member including Hungary and Poland is directly opposing linking the bloc's financial framework to performance on the rule of law in member countries — a proposal that has so far been fiercely opposed in Budapest and Warsaw. Antti...
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