Laughter and tears. Fun and disappointment. Affection and insults. Anxieties, hostilities, too much food, too much alcohol.
In other words: Thanksgiving.
This year, Thanksgiving stories in the news are about COVID, and how families will navigate inter-generational mingling.
SANTA FE, N.M. (AP) — New Mexico's public pension and investment funds will receive $24 million from several major financial institutions to resolve a lawsuit over mortgage-backed securities and the financial crisis more than a decade ago, state prosecutors said.
WASHINGTON (AP) — Randal Quarles announced Monday that he will resign from the Federal Reserve's Board of Governors at the end of the year after completing a four-year term as its top bank regulator, opening up another vacancy on the Fed's influential board for President Joe Biden to fill.
JAKARTA, Indonesia (AP) — Indonesian authorities on Friday seized four plots of land owned by the youngest son of former dictator Suharto as part of efforts to recover money owed the government since the 1997-1998 Asian financial crisis.
BEIRUT (AP) — Lebanon’s Daily Star, one of the leading English-language newspapers in the Arab world and Lebanon’s oldest, has folded following a years-long financial struggle.
An email reviewed Tuesday by The Associated Press informed employees of the decision to lay off all staff as of October 31.
BEIRUT (AP) — Lebanese politicians scrambled to resolve a diplomatic spat with Saudi Arabia and other Gulf nations on Saturday, after comments by a Cabinet minister about the war in Yemen stoked their ire.
China's central bank has ordered the country's lenders to meet new asset and leverage standards to make them more resistant to risk as the financial system grapples with disruptions from the Covid-19 pandemic, the Evergrande debt crisis and Western monetary tightening.
BERLIN (AP) — German Chancellor Angela Merkel says she is satisfied with the timing of her departure after 16 years at the helm of the country and is now looking forward to dedicating time to things she had to neglect during her chancellorship.
ATHENS, Greece (AP) — Greece’s often-strained relations in past years with European economic powerhouse Germany took center stage Friday during a visit to Athens by outgoing Chancellor Angela Merkel as both the country's president and prime minister aired past grievances.
ATHENS, Greece (AP) — Germany’s outgoing Chancellor Angela Merkel arrived in Greece Thursday for a visit to the country whose financial crisis marked much of her tenure and Germany’s relationship with Europe.
ATHENS, Greece (AP) — Greek officials sought to expand Chinese investment in the country during talks on Wednesday with China's Foreign Minister Wang Yi, that also touched on regional geopolitics, sports and minorities.
DUBAI, United Arab Emirates (AP) — Emirati prosecutors said Sunday they launched a major investigation into Dubai-based real estate developer Union Properties, saying they would probe allegations the long-troubled firm committed fraud and other offenses while trying to claw its way out of debt.
WASHINGTON (AP) — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion reached in 2020. The deficits in both years reflect trillions of dollars in government spending to counteract the devastating effects of a global pandemic.
BEIJING (AP) — A troubled Chinese developer whose struggle to avoid a multibillion-dollar debt default has rattled global financial markets wired $83.5 million on Friday to make an overdue payment to foreign bondholders, a government newspaper reported.
Former Greek Prime Minister George Papandreou says he will seek the leadership of the once-powerful Socialist party founded by his father, the late politician Andreas Papandreou, in an effort to revive its popularity that plummeted during a recent financial crisis.
BEIJING (AP) — A major Chinese real estate developer whose struggle to avoid defaulting on billions of dollars of debt rattled financial markets says it has called off the sale of a $2.6 billion stake in a subsidiary and has made no progress in selling other assets.
Just as the 2008 financial meltdown oozed over the world with volcanic heat and the 1997 Asian financial crisis unhinged otherwise stable economies, so the grinding dynamic of widening inequality threatens our humanity, sense of justice and psychic equilibrium.
BEIRUT (AP) — A trove of leaked documents confirmed that for years, Lebanon’s politicians and bankers have stowed wealth in offshore tax havens and used it to buy expensive properties — a galling revelation for masses of newly impoverished Lebanese, caught in one of the world's worst economic meltdowns in decades.
The foreign minister of the Mediterranean island of Cyprus on Wednesday urged Lebanon's new government to implement reforms quickly, in order for the international community to unlock aid to crisis-stricken Lebanon.
BEIRUT (AP) — More than 1 million Syrian refugees in crisis-hit Lebanon are experiencing deteriorating conditions that have left nine out of ten of them in extreme poverty, U.N. agencies warned Wednesday.
WASHINGTON (AP) — Treasury Secretary Janet Yellen sounded an urgent call Tuesday for Congress to raise the government's borrowing limit, a day after Senate Republicans blocked consideration of a bill that would have done so.
BEIRUT (AP) — Lebanon’s new government raised the price of fuel on Wednesday by 16%, the second time in five days, part of a gradual lifting of subsidies in the crisis-struck country.
The new hike brings the price of fuel, in short supply, closer to black market rates and comes after warnings from Lebanon’s central bank that it can no longer continue to subsidize fuel purchases that have drained its foreign reserves.
BEIRUT (AP) — Tensions over scarce fuel supplies in Lebanon descended into deadly violence on Monday — including knives, guns and a hand grenade — that killed three men, the country's news agency reported.
DAMASCUS, Syria (AP) — Syrian President Bashar Assad issued a decree Sunday giving hundreds of thousands of civil servants and military members a 50% salary increase amid a harsh economic and financial crisis and price increases for vital products.
BEIRUT (AP) — Lebanon’s caretaker prime minister warned Tuesday that the country is hurtling toward a “social explosion” and appealed to the international community for assistance to prevent the demise of the nation facing multiple crises.
DOVER, Del. (AP) — After being dealt a stunning setback by an appeals court, federal prosecutors in Delaware have declined to retry four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program in the wake of the 2008 financial crisis.
ATHENS, Greece (AP) — A leading member of Greece’s extreme right-wing Golden Dawn party has been arrested in Athens, nearly nine months after he disappeared before a court sentenced him to 13 years in prison.
BEIRUT (AP) — Ibrahim Arab waits in line several hours a day in the hot summer sun to buy gas for his taxi.
When he's not working, the 37-year-old father of two drives from one Beirut pharmacy to another, looking for baby formula for his 7-month-old son — any he can find — even though the infant got severe diarrhea and vomiting from an unfamiliar brand.
NEW YORK (AP) — All 23 of the nation's biggest banks are healthy enough to withstand a sudden economic catastrophe, the Federal Reserve said Thursday as it released the results from its latest “stress tests," giving the banks the green light to resume paying out dividends to investors and buying back stock.
WASHINGTON (AP) — Treasury Secretary Janet Yellen told a congressional panel Wednesday that failing to raise the federal debt ceiling would have “catastrophic consequences” that could bring on a financial crisis.
BEIRUT (AP) — Lebanon’s economy ministry on Tuesday raised the price of subsidized bread for the fifth time in a year as the country’s multiple crises worsen with no resolution in sight.
The ministry said the reason behind the latest increase — an 18% hike from the last raise in February — was the central bank's ending of sugar subsidies, which in turn adds to the cost of bread production.
BEIRUT (AP) — Hospitals in Lebanon warned Thursday they may be forced to suspend kidney dialysis next week due to severe shortages in supplies, the latest in Lebanon’s accelerating crises and collapsing health sector.
BEIRUT (AP) — Lebanon’s central bank said Tuesday that depositors will be allowed to withdraw limited monthly amounts from their foreign currency accounts, nearly 20 months after banks denied them access amid a severe financial crisis.
PARIS (AP) — The French national financial prosecutor’s office has opened a preliminary investigation into the actions of Lebanon’s central bank governor involving potential money laundering, the prosecutor’s office said Monday.
BEIRUT (AP) — Lebanon’s president and prime minister-designate traded barbs Wednesday, accusing one another of obstruction, negligence and insolence in a war or words that has for months obstructed the formation of a new government as the country sinks deeper into economic and financial crisis.
BEIRUT (AP) — Lebanon’s severe economic and financial crisis is likely to rank as one of the worst the world has seen in more than 150 years, the World Bank said in a report released Tuesday.
The World Bank said that since late 2019, Lebanon has been facing compounded challenges, including its largest peace-time economic and financial crisis, the spread of coronavirus and a massive blast at Beirut’s port last year that is considered as one of the largest non-nuclear explosions in history.
China’s local government debt may not cause a financial crisis, but it poses a huge fiscal challenge
Some months ago, panic was beginning to set in as Chinese bond defaults surged.
ROME (AP) — Pope Francis met Thursday with Argentine President Alberto Fernandez, months after Argentina legalized abortion despite a personal appeal from the pontiff and opposition from the Catholic Church.
BEIRUT (AP) — The U.S. Treasury Department on Tuesday imposed new sanctions on seven Lebanese linked to the militant Iran-backed Hezbollah group and its financial arm.
The measures are the latest against Hezbollah, which Washington considers a terrorist group and has targeted with penalties for years.
SAN JUAN, Puerto Rico (AP) — Puerto Rico seemed to be sprinting toward herd immunity this spring before people began letting their guard down against COVID-19 and new variants started spreading across the U.S.
BEIRUT (AP) — Lebanese troops aborted early Sunday an attempt to smuggle dozens of Syrian migrants to the Mediterranean island of Cyprus, the military said.
The attempt to smuggle 69 Syrian citizens comes as Lebanon is witnessing a severe economic and financial crisis that has thrown more people into poverty.
BEIRUT (AP) — Saudi Arabia will ban Lebanese fruits and vegetables entering the kingdom or passing through it because those shipments have been increasingly used to smuggle drugs, the official news agency reported Friday.
VATICAN CITY (AP) — Pope Francis met with Lebanese Prime Minister-designate Saad Hariri on Thursday and urged all Lebanese political leaders to “urgently commit themselves to the benefit of the nation," as the country endures a series of crises and disagreements that have prevented the formation of a government.
SILVER SPRING, Md. (AP) — Global warming emissions are expected to spike this year as the world emerges from the coronavirus pandemic and economies begin to recover.
Worldwide energy-related carbon dioxide emissions could surge by 1.5 billion metric tons this year, following last year's decline due to the pandemic, according to a Tuesday report from the International Energy Agency, an intergovernmental group based in Paris.
BEIRUT (AP) — A senior U.S. official warned Thursday that Lebanese politicians who continue to block reforms in the crisis-hit country could face punitive actions by Washington and its allies.
WASHINGTON (AP) — The Senate has approved President Joe Biden’s choice of Gary Gensler to head the Securities and Exchange Commission, signaling an emphasis on investor protection for the Wall Street watchdog agency after a deregulatory stretch during the Trump administration.
BEIRUT (AP) — Lebanon’s vaccination campaign has been slow and risks leaving behind some of the country’s most vulnerable people, including Palestinian and Syrian refugees, as well as migrant workers, a leading rights group said Tuesday.
BAGHDAD (AP) — Iraq’s parliament on Wednesday approved the state budget for 2021, after weeks of wrangling amid a severe economic and financial crisis spurred by low oil prices and the pandemic.
The new budget was approved at a late night session at 129 trillion Iraqi dinars ($89 billion) and a budget deficit estimated at 28.7 trillion trillion Iraqi dinars ($19.79 billion).
BEIJING — Sinovac said on Monday that its COVID-19 vaccine CoronaVac is safe and effective in children ages 3-17.
The results were from early and mid-stage clinical trials with over 550 subjects, said Geng Zeng, the medical director at Sinovac, at a press conference.