Curated Video
Stocks ended a quiet day mixed Tuesday, as investors shrugged off news that 10 of the nation's largest banks can repay $68 billion in bailout money
Your Money: Rebalancing your portfolio
With the market on an upswing since March, you may be questioning the performance of your investments. AP Personal Finance Editor Trevor Delaney explains. E-mail your questions to yourmoney@ap.org...
Curated Video
Bush signing Free Trade Agreement with Singapore PM
1. Mid shot Bush and Goh start signing FTA
2. Side shot of signing ceremony
3. Mid shot as both men stand up and shake hands
4. Wide shot of Bush addressing audience
5. SOUNDBITE: (English) George Bush, US President:
"I am honoured to...
Curated Video
To rescue the economy, the government is making a nearly $700 billion gamble: that the same executives who oversaw the banking industry's collapse can now be counted on to revive it.
HEADLINE: Bailed out banks keep most top executives
CAPTION: To rescue the economy, the government is making a nearly $700 billion gamble: that the same executives who oversaw the banking industry's collapse can now be counted on to...
Curated Video
UK small business key to EU vote
With sparks flying from a welder at work behind him, Simon Boyd's voice rises as he explains why he believes the United Kingdom should leave the European Union even though his company, Reid Steel, has put up buildings across the...
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US officials urge Congress to OK SKorean free trade agreement
1. Wide of Assistant Secretary of State Christopher Hill and Deputy U.S. Trade Representative Karan Bhatia
2. SOUNDBITE (English) Karan Bhatia, Deputy U.S. Trade Representative
"The comprehensive trade agreement would eliminate tariffs...
Curated Video
US trade officials says China has failed to comply with WTO rules on steel exports
The US wants to know why China is not in compliance with a WTO ruling on high tech steel exports.
The WTO ruled that the Chinese were imposing unusually high duties and restrictions on US exports of GOES, or grain oriented flat rolled...
Curated Video
Family photo-op, comments from IMF managing director and IMFC chair
1. Wide of photo-op, zoom in, pan of world finance leaders, including Christine Lagarde, IMF (International Monetary Fund) Managing Director
2. SOUNDBITE: (English) Tharman Shanmugaratnam, Chairman of the International Monetary and...
Curated Video
Singapore FM George Yeo visits Panama Canal
1. Wide of Singapore Foreign Minister George Yeo and CEO of the Panama Canal Authority Ricaurte Vazquez
2. Close-up of Yeo
3. Wide of Yeo and Vazquez
4. Yeo being shown controls for canal
5. Yeo and Vazquez at canal lock
6. Yeo being...
Curated Video
Shares of investment banks tumbled Friday morning as the broader market sank amid worries government-sponsored mortgage giants Fannie Mae and Freddie Mac might need a government bailout.
HEADLINE: Fears Grow Over Mortgage Giants
CAPTION: Stocks of Fannie Mae and Freddie Mac are hammered as the housing slump spreads, but the Bush administration says it's not planning a federal takeover of the mortgage giants. (July 11)
...
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In a bold strike, the Federal Reserve slashed a key interest rate by a half point on Tuesday and left the door open to further relief to prevent a painful housing slump
Interest rate dropped, home sales up?
In a bold strike, the Federal Reserve slashed a key interest rate by a half point on Tuesday and left the door open to further relief to prevent a painful housing slump. (Sept. 18) 2007
...
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USA: FEDERAL RESERVE STOCK MARKET CONCERNS
English/Nat
U-S Federal Reserve Chairman Alan Greenspan told a Senate inquiry on Thursday that he is concerned that U-S stock markets may become obsolete.
Referring to the proliferation of on-line share trading sites he said the...
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Yellen: Uncertainties Justify Cautious Approach
FOR CLEAN VERSION SEE STORY NUMBER: apus057918Federal Reserve Chair Janet Yellen said Tuesday that the U.S. economy faces a number of uncertainties that require the Fed to proceed cautiously in raising interest rates.In delivering the...
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Trump Nominates Jerome Powell as Fed Chairman
US President Donald Trump is choosing Federal Reserve board member Jerome Powell to become the next chair of the U.S. central bank.
In a Rose Garden announcement, Trump called Powell "strong," "committed" and "smart" and...
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HONG KONG: GOVERNMENT ANNOUNCE A 5 PERCENT DROP IN GDP
Cant/Eng/Nat
Hong Kong has fallen into full-blown recession, with its once-booming economy shrinking by 5 percent in the second quarter, the government has announced.
Massive government spending sent transactions climbing to a new...
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US-China business leader urges further talks on trade tariffs
The Vice President of the US-China Business Council said on Tuesday tariffs announced by the US and China in the past week will "harm US consumers, the American farmer, and businesses operating in the US and China."
In an...
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New FedRes chief seeks to reassure investors with continuity
US Federal Reserve Chair Janet Yellen testified before the House Financial Services Committee on Tuesday in Washington, DC.
It was her first appearance before Congress since she was sworn in a week ago.
In wide ranging remarks, Yellen...
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Interest rate rise gives Turkish currency only brief lift as investors worry market volatility will continue
Turkey's central bank raised all of its main interest rates on Wednesday, following an emergency policy meeting to defend a crumbling lira.
The bank raised its overnight lending rate to 12 percent from 7.75 percent, its one-week repo...
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'Chernobyl Children' Forgotten in Budget Cutting
FOR CLEAN VERSION SEE STORY NUMBER: apus053905VOICEOVER SCRIPT:VIKTORIA VETROVA KNOWS THE RISK EVERYTIME SHE PUTS FOOD AND MILK ON THE TABLE FOR HER FOUR CHILDREN.THE FAMILY LIVES NEAR THE SITE OF THE CHERNOBYL NUCLEAR DISASTER...
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Demonstrators protest against free trade pact's drug patent proposals
1. Mid of protesters chanting outside the Marriott Hotel in Lima, where negotiations are under way for the Trans-Pacific Partnership (TPP), chanting (Spanish) "It's non-negotiable" (in reference to their rights)
2. Pan right from...
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President Barack Obama's pick to head the Federal Reserve, Janet Yellen, says that the U.S. economy has regained ground lost to Great Recession but still needs the Fed's support because unemployment remains too high at 7.3 percent. (Nov. 14)
Janet Yellen is telling a Senate panel that the economy has regained ground lost to Great Recession but still needs the Federal Reserve's support because unemployment remains too high at 7.3 percent.
Yellen is testifying to the Senate...
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USA: TRADE AGREEMENT ON GLASS REACHED WITH JAPAN
Eng/Nat
The United States says agreement has been reached with Tokyo on increasing foreign access to Japan's lucrative glass market.
US Trade Representative Mickey Kantor says the Japanese have agreed to open their four (b) billion...
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Bush signs fast track trade legislation
1. Wide shot of Bush walking into East Room of the White House
2. Wide side shot of Bush at podium
3. SOUNDBITE: (English) US President George W. Bush
"Trade is an important source of good jobs for our workers and a source of higher...
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Jolted to action by deficit-conscious newcomers, the Republican-controlled House passed sweeping legislation early Saturday to cut $61 billion from hundreds of federal programs and shelter coal companies, oil refiners and farmers from new government regulations. (Feb. 19)
HEADLINE: House passes sweeping cuts to domestic programs
CAPTION: Jolted to action by deficit-conscious newcomers, the Republican-controlled House passed sweeping legislation early Saturday to cut $61 billion from hundreds of federal...
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Belgium-Interview US Ambassador To EU Eizenstat
United States and European Union presidents will meet for a summit
in Madrid on Sunday to initial a political declaration calling for
wide ranging economic and political cooperation between the us and
the eu. Interviewed in Brussels on...