Martin Crutsinger, Associated Press | PostedAug 19th - 10:25am
President Donald Trump is calling on the Federal Reserve to cut interest rates by at least a full percentage point "over a fairly short period of time," saying that such an action would make the U.S. economy even better and would also "greatly and quickly" enhance the global economy.
A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021.
The Lithuanian government says it has decided to purchase more than 4 million iodine tablets, estimated to be worth 900,000 euros ($1 million), because of plans in neighboring Belarus to launch a nuclear power plant.
The Philippine agriculture chief said Monday that an unspecified number of pigs has died or been culled in backyard farms in recent weeks and a crisis team has been established to try to contain the still-unidentified disease causing the swine deaths.
The EU says European Commission President Jean-Claude Juncker has undergone a successful operation to remove his gallbladder but will not be able to attend this weekend's Group of Seven meeting in Biarritz, France.
British Prime Minister Boris Johnson is facing rising criticism of his Brexit strategy at home as he increases pressure on the European Union to re-open negotiations ahead of key meetings with his French and German counterparts later this week.
Pan Pylas, Associated Press | PostedAug 19th - 3:33am
Inflation across the 19-country eurozone was revised down for July, official figures showed Monday, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month.