Recessions and depressions

FILE - This is a Thursday, Feb 25, 2015 file photo, Hassan Al Thawadi, head of the Qatar 2022 World Cup organizing committee speaks during a press conference, in Doha. Organizers of the 2022 World Cup have become the latest Qatari state entity to make staff redundant. The World Cup organizing committee secretary general Hassan Al Thawadi recently spoke Monday July 6, 2020, of his concerns about the looming global recession, without directly citing the coronavirus pandemic.(AP Photo/Osama Faisal, File)
July 06, 2020 - 4:15 pm
Organizers of the 2022 World Cup have become the latest Qatari state entity to make staff redundant. The World Cup organizing committee did not directly cite the financial impact of the coronavirus pandemic in a statement announcing the job losses. But secretary general Hassan Al Thawadi recently...
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In this Thursday, May 28,2020 photo Virginia Binkerhoff stands outside the Just Dandy women's clothing store she owns in downtown Cheyenne, Wyo. The cancellation of this summer's Cheyenne Frontier Days rodeo and cowboy festival due to the coronavirus portends more hard times ahead for businesses struggling in Wyoming's capital city. (AP Photo/Mead Gruver)
May 29, 2020 - 5:55 pm
CHEYENNE, Wyo. (AP) — The Just Dandy women's clothing store in downtown Cheyenne has endured fire, flooding, recessions and so far the coronavirus pandemic, but will this year's cancellation of the city's famous cowboy-and-rodeo festival, Cheyenne Frontier Days, be the daddy-of-'em-all disaster? “I...
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FILE - In this July, 1997 file photo, Dwayne Hargo, left, Rick Chatman, right, and Quail Dobbs, in the barrel, try to divert the bull's attention away from a fallen cowboy at the Frontier Days rodeo in Cheyenne, Wyo. Cheyenne Frontier Days has been canceled for the first time in its 124-year history due to the coronavirus. Cheyenne Mayor Marian Orr said Wednesday, May 27, 2020 that organizers decided the risk of spreading the virus was too great for the more than 140,000 people who visit Cheyenne for Frontier Days in late July. (AP Photo/Ed Bailey, File)
May 27, 2020 - 8:52 pm
CHEYENNE, Wyo. (AP) — Cheyenne Frontier Days was canceled Wednesday because of the coronavirus pandemic, marking the first time the event billed as the world’s largest outdoor rodeo has been called off in its 124-year history. City and state officials announced the decision. Event organizers...
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In this Tuesday, May 12, 2020, photo, Saint Wilkins poses for a portrait outside The Salvation Army's Ray and Joan Kroc Corps Community Center on Chicago's Southside. Growing up in a rough part of Chicago's South Side, Wilkins figured he was headed for a life on the streets. "If it wasn't for the Kroc Center, I'd be gang-banging," Wilkins said. "I promise you that." (AP Photo/Charles Rex Arbogast)
May 24, 2020 - 9:49 am
CHICAGO (AP) — Growing up in a rough part of Chicago’s South Side, Saint Wilkins figured he was headed for a life on the streets. The 19-year-old Wilkins has another plan these days — attend college, study psychology and work with children and teenagers. Before he started playing basketball at his...
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FILE - In this March 30, 2020, file photo, a man jogs past the Olympic rings in Tokyo. The chief executive of the Tokyo Olympics has promised “transparency” on Thursday, April 23, 2020, with the Japanese public over the cost of postponing the games until next year. Neither the Japanese Olympic organizers nor the International Olympic Committee has said what it will cost. Early estimates in Japan range between $2 billion and $6 billion. (AP Photo/Jae C. Hong, File)
April 23, 2020 - 8:01 am
TOKYO (AP) — The chief executive of the Tokyo Olympics promised “transparency” with the Japanese public on Thursday regarding the cost of postponing the games until next year. Neither the Japanese organizers nor the International Olympic Committee has said what it will cost to delay the Tokyo Games...
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The fields and facilities at Grand Park in Westfield, Ind., Tuesday, April 7, 2020, are closed due to the coronavirus outbreak. Westfield officials estimate the area could lose $85 million in direct spending if Grand Park stays closed through June. (AP Photo/Michael Conroy)
April 18, 2020 - 11:58 am
DALLAS (AP) — Less than a month ago, AAU President Roger Goudy watched membership in the long-running youth sports organization drop from 20,000 ahead of last year’s pace to about 3,000 behind in just a week. For now, he hopes a girls volleyball tournament he helped turn into one of the world’s...
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Tokyo 2020 Organizing Committee President Yoshiro Mori, left, and CEO Toshiro Muto, right, attend teleconference with International Olympic Committee member John Coates, who heads the inspection team for Tokyo Olympics, in Tokyo Thursday, April 16, 2020. Tokyo Olympic organizers and the IOC said Thursday they will cut some of the extras out of next year’s postponed games, an attempt to limit what is expected to be billions of dollars in added expenses.(Kazuhiro Nogi/Pool Photo via AP)
April 17, 2020 - 7:43 am
TOKYO (AP) — IOC member John Coates, who oversees planning for next year's Tokyo Olympics, has claimed the postponed games could help “kick start” Japan’s economy. Japan has been devastated like many countries by the coronavirus pandemic and could be in a recession when the Olympics are to open on...
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FILE - In this Jan. 23, 2019, file photo, musician Meek Mill, right, speaks about his incarceration along with Philadelphia 76ers co-owner Michael Rubin at the launch of REFORM Alliance in New York. With factories closed, tens of millions out of work and a recession looming because of the coronavirus pandemic, athletes, teams, entertainers and business leaders are donating prized possessions in response to a challenge to feed families suddenly in need. The “All In Challenge” was started by Rubin on Tuesday, April 14, 2020, and some of the biggest names in sports and entertainment have answered the call, including Meek Mill. (AP Photo/Kathy Willens, File)
April 15, 2020 - 6:22 pm
With factories closed, tens of millions out of work and a recession looming because of the coronavirus pandemic, athletes, teams, entertainers and business leaders are donating prized possessions in response to a challenge to feed families suddenly in need. The “All In Challenge” was started by...
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In this June 13, 2018 file photo, grounds crew prepare TD Ameritrade Park in Omaha, Neb., for the NCAA baseball College World Series. The Division I baseball championship, decided in this city of just under a half-million for the past 70 years, is among the many sporting events canceled or postponed because of the coronavirus pandemic. (AP Photo/Nati Harnik, file)
April 14, 2020 - 9:59 pm
Five major football conference commissioners have asked the NCAA to relax some requirements to compete in Division I for four years, including the minimum number of sports a school must sponsor. A letter from the commissioners of the American Athletic Conference, Mountain West, Mid-American...
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FIFA President Gianni Infantino attends the World Economic Forum in Davos, Switzerland, Tuesday, Jan. 21, 2020. The 50th annual meeting of the forum will take place in Davos from Jan. 21 until Jan. 24, 2020. (AP Photo/Markus Schreiber)
March 23, 2020 - 6:08 am
GENEVA (AP) — The future of soccer could be fewer games and fewer top competitions to help avoid a financial crisis, FIFA president Gianni Infantino said in a newspaper interview published Monday. With soccer around the world in near-total shutdown and no end in sight because of the coronavirus...
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