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Frustration rules as Venezuela unveils new currency
(AP Photo - Ariana Cubillos)
By SCOTT SMITH
From Associated Press
August 20, 2018 4:25 PM EST

CARACAS, Venezuela (AP) — Saul Jimenez just wanted to buy bread from his neighborhood bakery in Venezuela's capital on Monday. It did not go well.

WASHINGTON (AP) — The Trump administration is set to roll back the centerpiece of President Barack Obama's efforts to slow global warming, the Clean Power Plan that restricts greenhouse gas emissions from coal-fired power plants.

Retailers and airlines helped lift U.S. stocks broadly higher Monday, extending the market's gains from last week. Consumer-focused companies and industrial stocks grabbed most of the gains.

GENOA, Italy (AP) — Engineering experts determined in February that corrosion of the metal cables supporting the Genoa highway bridge had reduced the bridge's strength by 20 percent — a finding that came months before it collapsed last week, Italian media reported Monday.

NEW YORK (AP) — The bull market in U.S. stocks is about to become the longest in history. If stocks don't drop significantly by the close of trading Wednesday, the bull market that began in March 2009 will have lasted nine years, five months and 13 days, a record that few would have predicted when the market struggled to find its footing after a 50 percent plunge during the financial crisis.

JERUSALEM (AP) — PepsiCo bought carbonated drink maker SodaStream for $3.2 billion on Monday, a move the beverage giant hopes will further help it adjust as consumers drink less traditional soda and opt more for flavored waters and other drinks.

PRAGUE (AP) — When Czech entrepreneur Robert Hasek began jogging with his dog, Darwin, the three-mile runs were making the bull terrier sick with fatigue.

CARACAS, Venezuela (AP) — U.S. oil giant ConocoPhillips says it has reached an agreement with Venezuela*s state-owned oil company to recover nearly $2 billion it was awarded as part of a decade-old expropriation dispute.

TOKYO (AP) — Global stocks mostly rose Monday amid signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported the countries hope to have a resolution by November.

ATHENS, Greece (AP) — There'll be no dancing in the moonlit streets of Athens. For all the official pronouncements that Greece's eight-year crisis will be over as its third and last bailout program ends Monday, few Greeks see cause for celebration.

BERLIN (AP) — One of Switzerland's most picturesque restaurants will soon be looking for a new operator. The Gasthaus Aescher, built into a cliff above a valley in northeastern Switzerland, has been run by the same family since 1987.

WASHINGTON (AP) — Fishermen off the Alaskan coast. A Florida maker of boat trailers. A building materials distributor in Tennessee.

Concerned that expanded sports gambling will bring additional costs for ensuring their games are on the up-and-up, college athletic departments are looking for a way to get a piece of the action.

WASHINGTON (AP) — U.S. business economists are concerned about the risks of some of President Donald Trump's economic policies, saying they fear his tariffs and higher budget deficits could eventually slow the economy.

WASHINGTON (AP) — Conserving oil is no longer an economic imperative for the U.S., the Trump administration declares in a major new policy statement that threatens to undermine decades of government campaigns for gas-thrifty cars and other conservation programs.

ISLAMABAD (AP) — Prime Minister Imran Khan said in his first televised speech in office that Pakistan is in the worst economic condition it has seen and pledged to cut government spending, end corruption and repatriate public funds.

Arianna Huffington is calling on Elon Musk to adopt a healthier work-life balance, but the Tesla CEO says that's not an option. In a tweet early Sunday after arriving home from a late night at a Tesla factory, Musk told the Huffington Post founder that his electric car company and Ford are the only two American automakers that have avoided bankruptcy.

CARACAS, Venezuela (AP) — Residents across Venezuela's capital spent a nervous weekend bracing for dramatic measures that President Nicolas Maduro has announced to rescue a downward-spiraling economy, including a more-than-3,000 percent hike in the minimum wage.

TILOS, Greece (AP) — When the blades of its 800-kilowatt wind turbine start turning, the small Greek island of Tilos will become the first in the Mediterranean to run exclusively on wind and solar power.

ST. LOUIS (AP) — Parts of Missouri are so dry that corn crops are suffering and hay for cattle is in short supply, with water becoming increasingly scarce, experts say.

NEW YORK (AP) — David Heath, the co-founder and CEO of online sock company Bombas, was an entrepreneur early on. His advice? Focus on one product before branching out.

NEW YORK (AP) — David Heath co-founded online socks company Bombas not because of an overwhelming desire to make a comfortable sock, but after realizing that they were the No.

BERLIN (AP) — A sustained drought in Germany has revealed the ruins of a village abandoned when a large reservoir was created more than 100 years ago.