Saturday, May 27, 2017

global economy

From left, Development Committee Chair and Indonesian Finance Minister Sri Mulyani Indrawati, World Bank President Jim Yong Kim, and International Monetary Fund (IMF) Managing Director Christine Lagarde confer before the Development Committee plenary during the World Bank/IMF Spring Meetings at IMF headquarters in Washington, on Saturday, April 22, 2017. (AP Photo/Jose Luis Magana)

BY PAUL WISEMAN and MARTIN CRUTSINGER WASHINGTON (AP) — Global finance leaders sought to avoid conflict with the Trump administration over trade and environmental policy and welcomed signs the world economy is pulling out of the doldrums. The International Monetary ...
From left, German Federal Minister of Finance Wolfgang Schäuble, Zhou Xiaochuan, Governor of the People's Bank of China, Chinese Finance Minister Xiao Jie and International Monetary Fund Managing Director Christine Lagarde gather for the Family Photo during the G20 at the 2017 World Bank Group Spring Meetings in Washington, Friday, April 21, 2017. (AP Photo/Carolyn Kaster)

BY PAUL WISEMAN and MARTIN CRUTSINGER WASHINGTON (AP) — Global finance leaders are downplaying differences over free trade with President Donald Trump, saying there is wide agreement that globalization delivers stronger economic growth. But officials gathered for the spring meetings ...
International Monetary Fund Managing Director Christine Lagarde speaks during the 2017 World Bank Group Spring Meetings in Washington, Thursday, April 20, 2017. (AP Photo/Carolyn Kaster)

BY MARTIN CRUTSINGER and PAUL WISEMAN WASHINGTON (AP) — World finance leaders on Thursday defended globalization against an assault from President Donald Trump and European populists. They argued that blocking free trade would hobble economic growth instead of saving jobs ...
In this Saturday, April 16, 2016, file photo, International Monetary Fund Managing Director Christine Lagarde speaks during a news conference after the International Monetary and Financial Committee (IMFC) conference at the World Bank/IMF Spring Meetings at IMF headquarters in Washington. (AP Photo/Jose Luis Magana, File)

BY PAUL WISEMAN WASHINGTON (AP) — A resilient China, rising commodity prices and sturdy financial markets are offering a sunnier outlook for the global economy and helping dispel the gloom that has lingered since the Great Recession ended. That’s the ...
In this Wednesday, Nov. 30, 2016 file photo, Steven Mnuchin, talks with reporters in the lobby of Trump Tower, in New York. (AP Photo/Evan Vucci, File)

BY DAVID McHUGH and MARTIN CRUTSINGER FRANKFURT, Germany (AP) — U.S. President Donald Trump has vowed to get tough on trade partners like China, Mexico and Germany. Now his Treasury chief, Steven Mnuchin, will get his first opportunity to confront ...
In this Tuesday, Nov. 8, 2016, file photo, Republican presidential candidate Donald Trump pumps his fist as he arrives to speak at a campaign rally in Grand Rapids, Michigan. (AP Photo/Evan Vucci, File)

BY JOSH BOAK, DAVID McHUGH and JOE McDONALD Donald Trump’s promise to put America first helped propel him to the U.S. presidency. But he also unleashed uncertainty on the global economy by skewering trading partners and offering few specifics that ...
In this file photo taken on Aug. 5, 2010, a container is loaded onto a cargo ship at the Tianjin port in China. (AP Photo/Andy Wong, File)

BY JOE McDONALD BEIJING (AP) — China’s exports fell again in October in a fresh sign that weak global demand is complicating efforts by Beijing leaders to shore up economic growth and reduce reliance on trade and investment. Exports contracted ...
International Monetary Fund (IMF) Managing Director Christine Lagarde speaks with Bundesbank President Jens Weidmann and German Finance Minister Wolfgang Schaeuble at the G-20 Finance Minister and Central Bank Governors group photo, during the World Bank/IMF Annual Meetings at IMF headquarters in Washington, Thursday, Oct. 6, 2016.

BY MARTIN CRUTSINGER and MARIA DANILOVA WASHINGTON (AP) — World finance officials, still searching for ways to rejuvenate a sluggish global economy, now face the added problem of dealing with a growing anti-trade backlash that threatens to make the economic ...
In this Aug. 17, 2010 file photo, a statue of the Albert Gallatin, the 4th Secretary of the Treasury, stands on the north patio of the US Treasury Building in Washington.

BY JOSH BOAK WASHINGTON (AP) — Fear and uncertainty about the global economy are leading investors to embrace the relative safety of U.S. government debt and slashing yields to record lows. Interest paid on the 10-year Treasury note reached 1.34 ...
In this Nov. 12, 2015 file photo President of the European Central, ECB, Bank Mario Draghi addresses the committee on economic and monetary affairs at the European parliament in Brussels, Belgium.

SINTRA, Portugal (AP) — European Central Bank President Mario Draghi is calling for world leaders to agree on what ails the global economy and take more concrete action to promote growth and jobs. Draghi said in a speech Tuesday at ...
X