The White House is holding a two-day international conference starting Wednesday to combat ransomware computer attacks on business operations across the globe that cost companies, schools and health services an…
more ...Economic Protectionism May Prolong Shortages
From the United States to Germany, developed countries are scrambling to source energy supplies and satisfy a booming consumer demand for goods. Supply chains disrupted by the COVID-19 pandemic are…
more ...Q&A: African Development Bank Chief Says Continent Ripe for Investment
Akinwumi Adesina, the president of the African Development Bank, is holding a series of meetings with senior U.S. government officials and business leaders in Washington to encourage increased investments in…
more ...Long Road Toward Implementing 15% Global Corporate Minimum Tax
A global deal to ensure large multinational companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation has been recently agreed upon by 136 countries.…
more ...US House Extends Government’s Borrowing Authority
The U.S. House of Representatives voted on Tuesday to extend the government’s borrowing authority into early December, averting a first-ever default next week when the United States says it will run out…
more ...Real Estate Debt Crisis and Energy Shortage Threaten China’s Economic Growth
At a time when the Chinese economy is facing multiple challenges, including an energy shortage and supply chain problems that have disrupted multiple industries, an expanding crisis in the real…
more ...Americans Quit Their Jobs at a Record Pace in August
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves. The Labor Department said that quits jumped to 4.3…
more ...Divorced UK and EU Head for New Brexit Fight Over N Ireland
It was late last Christmas Eve when the European Union and Britain finally clinched a Brexit trade deal after years of wrangling, threats and missed deadlines to seal their divorce.…
more ...IMF Foresees Slight Drop in Global Growth from Pandemic
The International Monetary Fund is slightly downgrading its outlook for the global recovery from the pandemic recession, reflecting the persistence of supply chain disruptions in industrialized countries and deadly disparities…
more ...Computers and Brains: Sensors Implanted in the Brain Help Paralyzed Man Write
Brain computer interfaces, where computers analyze brain signals and help paralyzed people to write and carry out other actions, is a burgeoning area of research. VOA’s Deana Mitchell has the…
more ...World Bank: Poor Countries’ Debt Rose 12% to Record $860 Billion in 2020
The World Bank on Monday warned of a significant 12% rise in the debt burden of the world’s low-income countries to a record $860 billion in 2020 as a result of the COVID-19 pandemic and called…
more ...Southwest Airlines Cancels Hundreds More Flights
Southwest Airlines canceled hundreds more flights Monday following thousands of flight cancellations over the weekend but said it expects to resume normal service this week. For the third straight day,…
more ...More Than 130 Countries Reach Deal on Corporate Minimum Tax
More than 130 countries have agreed on sweeping changes to how big global companies are taxed, including a 15% minimum corporate rate designed to deter multinationals from stashing profits in…
more ...Murano Glassblowing Model Shattered by Methane Price Surge
The Italian glassblowers of Murano have survived plagues and pandemics. They transitioned to highly prized artistic creations to outrun low-priced competition from Asia. But surging energy prices are shattering their…
more ...3 US-Based Economists Receive Economics Nobel Prize
Three U.S-based economists won the 2021 Nobel prize for economics on Monday for pioneering research on the labor market impacts of minimum wage, immigration and education, and for creating the…
more ...Analysts: Thaw in Sino-US Trade Dispute Would Lift World Supply Chains, Dent Southeast Asia
A thaw in the Sino-U.S. trade dispute, as hinted in Washington this past week, would help restore global supply chains but thin the outflow of investment capital from China to…
more ...Facebook-backed Group Launches Misinformation Adjudication Panel in Australia
A tech body backed by the Australian units of Facebook, Google and Twitter said on Monday it has set up an industry panel to adjudicate complaints over misinformation, a day…
more ...Facebook Unveils New Controls for Kids Using Its Platforms
Facebook, in the aftermath of damning testimony that its platforms harm children, will be introducing several features including prompting teens to take a break using its photo sharing app Instagram,…
more ...Hydropower Decline Adds Strain to Power Grids in Drought
After water levels at a California dam fell to historic lows this summer, the main hydropower plant it feeds was shut down. At the Hoover Dam in Nevada — one…
more ...Turkish Fires Endanger World Pine Honey Supplies
Beekeepers Mustafa Alti and his son Fehmi were kept busy tending to their hives before wildfires tore through a bucolic region of Turkey that makes most of the world’s prized…
more ...Dams Dry Up as Water Levels Fall in Brazil
Low rainfall plagues one of the world’s major agricultural producers. Brazil now faces a crisis of drying dams, forcing farmers to look to more expensive and less-eco-friendly sources of power.…
more ...Treasury Chief: ‘Absolutely Imperative’ US Increase Borrowing Authority
U.S. Treasury chief Janet Yellen warned Sunday that it was “absolutely imperative” that Congress increase the country’s borrowing authority even as the immediate threat of a first-ever default on paying…
more ...Australian Central Bank Warns of Evergrande Collapse Dangers
Australia’s Reserve Bank, the country’s central bank, has warned that the collapse of Chinese property giant Evergrande Group could cause chaos in China’s financial system. In its semiannual “Financial Stability…
more ...Infrastructure Successes Have Transformed America, Can Biden’s Plan do the Same?
Congress appears poised to pass a bipartisan, $1 trillion plan that would be the largest federal investment in infrastructure in more than a decade. History shows that investing in infrastructure can transform the…
more ...What Is the Global Minimum Tax Deal and What Will It Mean?
A global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation has been agreed upon by 136 countries,…
more ...China Presses US to Cancel Tariffs
China said on Saturday that it had pressed the United States to eliminate tariffs in talks between the countries’ top trade officials that Washington saw as a test of bilateral engagement…
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