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Trump's push for tariffs squeezes a weakening global economy

NEW YORK (AP) — The global economy was already showing signs of a slowdown when President Donald Trump reminded the world of his love of tariffs and sent a chill through financial markets. ...

The Brexit story so far: How Britain got itself in a bind

LONDON (AP) — Britain's 2-day-old draft deal to leave the European Union is in danger of collapsing, increasing the likelihood of a disorderly, economically painful exit from the bloc next year. ...

US sanctions have a weak spot: tiny allies like Latvia

RIGA, Latvia (AP) — When the U.S. hit North Korea with sanctions last year, Pyongyang's state-owned banks found a quiet backchannel to keep money flowing to the country's ballistic missile programs, t...

US sanctions have a weak spot: tiny allies like Latvia

RIGA, Latvia (AP) — Latvia has come into focus as a potential weak link in the West's banking system that allows countries like Russia and North Korea to dodge sanctions. As the U.S. increasingly uses...

Ex-NATO chief seeks task force to clean up Latvian banking

RIGA, Latvia (AP) — The former head of NATO has asked the prime minister of Latvia to create an international task force to guide the country in cleaning up its banking sector, which has been rocked b...

Banker: "Nightmare" dodging extortion attempts in Latvia

LONDON (AP) — Latvia's top banking official, a key member of the European Central Bank, has been accused by local bank Norvik of seeking kickbacks, trying to launder Russian money and retaliating agai...

AP Exclusive: Key EU banker accused of bribery, Russia ties

LONDON (AP) — Executives at Latvian bank Norvik say the nation's central bank chief, who was detained Saturday without charges, sought to extort money from their firm for years. Cent...

Why are investors so jittery? Stocks look expensive

NEW YORK (AP) — The economy is expanding, companies are handing out bonuses, tax rates are plunging and corporate earnings are rising. So why are investors so jittery? ...

Oil prices are up now, but surge might be short-term

Oil prices have jumped by about one-third since the summer on signs of stronger economic growth around the world and fear of instability in the Middle East. So far, however, the run-...

Pound dives as UK plunges into new period of uncertainty

LONDON (AP) — The pound fell sharply after Britain's election saw the Conservatives lose their majority in parliament, raising questions about the next government's ability to lead the talks to leave ...

Pound dives on fears UK election may produce no clear winner

LONDON (AP) — The pound fell sharply after an exit poll in Britain's election forecast that the Conservatives would fall short of a majority in parliament, raising the prospect that the coun...