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Month: June 2019

IMF: US Trade Wars Are Risk to America’s Economy

06/06/2019 Ranbiz

The U.S. economy could be weakened by escalating trade wars or a sudden downturn in global financial markets, the International Monetary Fund (IMF) warns. In an annual review of the…

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Vietnam Businesses Push for Green Economy

06/06/2019 Ranbiz

Liz Hung supports a lot of the imaginative concepts being discussed to make Vietnam “greener” economically and in terms of urban planning.   Consider traffic lights. Hung described how government…

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US Productivity Grew at Solid 3.4% Rate in First Quarter

06/06/2019 Ranbiz

U.S. productivity grew at a strong 3.4% rate in the January-March quarter, the best showing in more than four years, the Labor Department reported Thursday. It was an encouraging sign…

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Poll: Some Younger US Workers Not Happy With Graying Workforce

06/06/2019 Ranbiz

A rising share of older Americans is forgoing the concept of a traditional retirement at the age of 65, a trend that some younger workers aren’t particularly thrilled to see.…

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Ai-Da, Humanoid Robot Artist, Gears Up for First Solo Exhibition

06/06/2019 RanIT

Wearing a white blouse and her dark hair hanging loose, Ai-Da looks like any artist at work as she studies her subject and puts pencil to paper. But the beeping…

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In Double Whammy, Fitch Downgrades Mexico and Moody’s Lowers Outlook

06/06/2019 Ranbiz

In a double blow for Mexico, credit ratings agency Fitch downgraded the nation’s sovereign debt rating on Wednesday, citing risks posed by heavily indebted oil company Pemex and trade tensions,…

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US Refiners to Trump: Tariffs on Mexico Could Raise Gas Prices

06/06/2019 Ranbiz

U.S. refiners warned the Trump administration that tariffs on imports from Mexico could deliver a punishing blow to refiners and raise the cost of gasoline just as the U.S. driving…

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Trump’s Cruise Ban Hits Cuba’s Private-Sector Workers

06/06/2019 Ranbiz

Lazaro Hernandez, who has made a good living showing U.S. cruise ship passengers around Havana in his pink 1950s Chevrolet, says the new U.S. ban on cruises to Cuba will…

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Warren Criticizes Trump’s ‘Dart Throwing’ Mexico Tariff Decision

06/06/2019 Ranbiz

Democratic presidential hopeful Elizabeth Warren on Wednesday criticized U.S. President Donald Trump’s decision to impose tariffs on Mexico as “random dart throwing” that lacks a coherent strategy. Trump unexpectedly told…

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A Sweet Deal? Study Shows Higher Cocoa Prices Could End Child Labor in Ghana

06/06/2019 Ranbiz

Ghana could end child labor on cocoa farms by increasing the prices it pays impoverished farmers by about 50%, a U.S. study said on Wednesday, as global efforts to end…

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Canada Details Plans for 5G Internet Rollout

06/06/2019 RanIT

Canada on Wednesday said it was preparing for the arrival of ultra-fast 5G internet service as it outlined plans to make more 5G spectrum available starting next year. The federal…

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Amazon Says Drones Will Be Making Deliveries In Months

06/05/2019 RanIT

Amazon said Wednesday that it plans to use self-driving drones to deliver packages to shoppers’ home in the coming months  The online shopping giant did not give exact timing or…

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YouTube Bans Holocaust Denial Videos in Policy Reversal

06/05/2019 RanIT

YouTube said on Wednesday it would remove videos that deny the Holocaust, school shootings and other “well-documented violent events,” a major reversal in policy as it fights criticism that it…

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IMF Warns US-China Trade War Could Cut Global Economic Growth

06/05/2019 Ranbiz

The trade war between the United States and China could cut world economic growth next year, the International Monetary Fund (IMF) warned Wednesday. IMF Managing Director Christine Lagarde said U.S.…

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China Launches 1st Rocket From Mobile Platform in Yellow Sea

06/05/2019 RanIT

China on Wednesday launched a rocket from a mobile platform at sea for the first time, sending a five commercial satellites and two others containing experimental technology into space. The…

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Experts: US-China Trade Tensions Could Impact Pyongyang Sanctions Support

06/05/2019 Ranbiz

Christy Lee of VOA’s Korean Service contributed to this report. The escalating trade dispute between the United States and China could distract Beijing from dealing with nuclear North Korea and…

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How Vietnam Will Avoid Currency ‘Manipulator’ Label, Save its Economy

06/05/2019 Ranbiz

Vietnam is likely to make concessions to the United States so it can escape a U.S. watch list of possible currency manipulators and head off a hit to its fast-growing…

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US Report Urges Steps to Reduce Reliance on Foreign Critical Minerals

06/05/2019 Ranbiz

The U.S. Commerce Department on Tuesday recommended urgent steps to boost domestic production of rare earths and other critical minerals, warning that a halt in Chinese or Russian exports could…

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Uber Says IRS Probing its 2013-14 Tax Returns

06/05/2019 Ranbiz

The U.S. Internal Revenue Service is auditing Uber Technologies’s taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by…

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Democratic Hopeful Warren Proposes $2T ‘Green Manufacturing’ Plan

06/05/2019 Ranbiz

Democratic U.S. presidential hopeful Elizabeth Warren proposed on Tuesday spending $2 trillion on a new “green manufacturing” program to address climate change that would invest in research and exporting American…

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Virtual Reality Films Pave the Way for Next-Gen History Lessons

06/04/2019 RanIT

At the Tribeca Film Fest in New York, filmmakers are mining current and historical events for inspiration. For tech-savvy youth, it’s one way to ensure the lessons of history won’t…

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American Lawmakers Try To Balance Security Benefits of Facial Recognition Against Privacy Rights

06/04/2019 RanIT

Lawmakers in Washington DC met Tuesday to discuss facial recognition software. Law enforcement says the technology helps to identify and track suspected criminals. But privacy advocates say the technology intrudes…

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Trump: ‘More Likely’ Tariffs Will Be Imposed on Mexican Products

06/04/2019 Ranbiz

VOA’s Michael Bowman contributed to this story. President Donald Trump said Tuesday he is “more likely” than not to impose a new 5% tariff on imported products from Mexico next…

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World’s Biggest Nutella Factory Blocked by French Workers

06/04/2019 Ranbiz

No more Nutella?! French workers are threatening as much, bringing the world’s biggest Nutella factory to a near-standstill in a showdown over salary negotiations. Tensions have been mounting at the…

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Mexico Warns US Tariff Would Hurt Both Nations

06/04/2019 Ranbiz

Michael Bowman contributed to this report. Mexico warned Monday that President Donald Trump’s threatened new tariff on its exports to the United States would hurt both countries’ economies and cause…

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Pompeo Renews Warning to European Allies to Not Use Huawei for 5G

06/03/2019 Ranbiz

The United States is again calling on European allies to be careful of what it says are security risks posed by Chinese telecommunication company Huawei, as countries build out their 5G…

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