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Northern Star

Northern Illinois University’s student news organization since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

Trump says Modi expects massive crowds during India visit

By KEVIN FREKING | February 18, 2020

WASHINGTON (AP) — President Donald Trump says that India Prime Minister Narendra Modi is expecting to turn out massive crowds for the president when he visits next week.Trump will be in the city of Ahmedabad in Gujarat to attend an event called “Namaste...

US sanctions Russian oil trading firm for role in Venezuela

By BEN FOX | February 18, 2020

WASHINGTON (AP) — The Trump administration announced sanctions Tuesday on a Russian state-controlled brokerage that has helped the Venezuelan government skirt an American oil embargo and enabled President Nicolas Maduro to keep his grip on power in...

Farmers block highways in Spain to protest low food prices

By ALICIA LEÓN | February 18, 2020

NAVALMORAL DE LA MATA, Spain (AP) — Farmers in fluorescent yellow vests blocked highways in southwestern Spain with tractors and other vehicles Tuesday in the latest mass protest over what they say are plummeting incomes for agricultural workers.Several...

Shares take hit as virus outbreak slams profits, events

By ELAINE KURTENBACH | February 18, 2020

BANGKOK (AP) — Stock markets slipped Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target this quarter and China moving to postpone or cancel major events, including the...

China virus outbreak chilling recovery for Asian economies

By ELAINE KURTENBACH | February 18, 2020

BANGKOK (AP) — The virus outbreak in China has put South Korea's economy into an "emergency situation," its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe.As many Chinese finally go back...

Asian markets mixed: Japan skids; China helped by rate cut

By ELAINE KURTENBACH | February 16, 2020

BANGKOK (AP) — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China's shares got a boost after the central bank stepped in to...

Trump’s $1.5B uranium bailout triggers rush of mining plans

By BRADY McCOMBS and ELLEN KNICKMEYER | February 14, 2020

SALT LAKE CITY (AP) — President Donald Trump's $1.5 billion proposal to prop up the country's nuclear fuel industry has emboldened at least one company to take steps toward boosting operations at dormant uranium mines around the West, including outside...

EU chief unveils budget plan setting scene for tense summit

By LORNE COOK | February 14, 2020

BRUSSELS (AP) — The European Council president unveiled Friday his proposal for the EU’s next long-term budget, but the figure falls far short of the demands of Europe’s parliament, which must ratify the spending package, setting the scene for tense...

Negative interest rates turn saving, borrowing upside down

By DAVID McHUGH and CHRISTOPHER RUGABER | February 14, 2020

FRANKFURT, Germany (AP) — Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not the saver, who collects interest.Welcome to the upside-down world of ultra-low and negative interest rates...

The Latest: Hong Kong announces anti-virus funds

February 14, 2020

BEIJING (AP) — The Latest on a new virus that originated in China (all times local):8 p.m.Hong Kong’s leader unveiled a 25 billion Hong Kong dollar ($3.2 billion) fund on Friday to bolster efforts to fight the virus outbreak, as the city announced...

UK Treasury chief quits as Johnson shakes up Cabinet

By JILL LAWLESS | February 13, 2020

LONDON (AP) — British Prime Minister Boris Johnson tightened his grip on the government Thursday with a Cabinet shake-up that triggered the unexpected resignation of his Treasury chief, the second-most powerful figure in the administration.Sajid Javid's...

Argentina and IMF discuss debt in shadow of 2001 crisis

By DÉBORA REY and CHRISTOPHER TORCHIA | February 12, 2020

BUENOS AIRES, Argentina (AP) — Argentina has been here before: recession, growing poverty, high inflation, billions of dollars in debt, a looming deadline for repayment and simmering anger toward the International Monetary Fund.This is a big week for...