ST. PETERSBURG, Russia (AP) — Russian President Vladimir Putin said Friday that developing countries have gained an increasingly important rol…
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Iran's year-on-year inflation reached a record high in May, the worst since World War II. This highlights the economic struggles faced by average Iranians. Iran's Central Bank acknowledged the impact of the war with Israel and the U.S. on the rial currency. Economic mismanagement and corruption are also affecting Iran's oil-backed economy, which remains under a U.S. naval blockade. Past economic pressures have led to nationwide protests. Experts warn that new demonstrations could emerge if economic conditions worsen. The consumer price index rose 77.2% in May compared to the previous year, with daily needs increasing by 113.8%.
A proposal to ban new short-term rentals in Chincoteague's R-1 Districts has been put on hold while town officials study the potential impacts of such a measure.
BOSTON (AP) — Drivers in Massachusetts for ride-hailing apps such as Uber and Lyft became the first in the nation Tuesday to certify a union, …
From left to right, European Commissioner for Economy and Productivity, Implementation and Simplification Valdis Dombrovskis, European Central Bank President Christine Lagarde, President of the Eurogroup Kyriakos Pierrakakis, Managing Director and the European Stability Mechanism Pierre Gramegna talk to the media during the Eurogroup finance ministers meeting in capital Nicosia, Cyprus, Friday, May 22, 2026. (AP Photo/Petros Karadjias)
UNITED NATIONS (AP) — Responding to Middle East crises and rising oil prices, the United Nations on Tuesday lowered its forecast for global ec…
FILE - President Donald Trump, center, applauds as Ilham Aliyev, President of Azerbaijan, left, and Bulgaria's Prime Minister Rossen Jeliazkov, right, hold up their signed Board of Peace charter during the Annual Meeting of the World Economic Forum in Davos, Switzerland, Jan. 22, 2026. (AP Photo/Evan Vucci, File)
FILE - President Donald Trump holds the charter during a signing ceremony on his Board of Peace initiative at the Annual Meeting of the World Economic Forum in Davos, Switzerland, Jan. 22, 2026. (AP Photo/Markus Schreiber, file)
HARARE, Zimbabwe (AP) — A new and deadly Ebola outbreak in Congo and Uganda is the latest health emergency forcing African governments to brea…
Trump insists US-China relations are in a good place despite differences as he wraps up Beijing trip
President Donald Trump is insistent that U.S.-China relations are good and getting better despite deep differences on key issues. During Thursday's talks in Beijing with Chinese President Xi Jinping, Trump expressed optimism about future cooperation. Xi said Thursday that he hoped both countries could be “partners, not rivals." However, challenges remain, including China's limited involvement in resolving the Iran conflict. Xi privately warned Trump that their differences on the self-ruled island of Taiwan, if handled poorly, could hurtle the world’s dominant powers toward an “extremely dangerous situation.” Trump and Xi will meet again Friday for more talks before Trump returns to Washington.