Month: February 2022

Russia’s invasion of Ukraine, and the sanctions that followed, has pushed the price of oil to over $100 per barrel, the highest level in eight years. But, it’s also opened…

Ordinary Russians faced the prospect of higher prices and crimped foreign travel as Western sanctions over the invasion of Ukraine sent the ruble plummeting, leading uneasy people to line up…

Britain will intensify a crackdown on what Prime Minister Boris Johnson called “dirty money” by introducing the government’s Economic Crime Bill to parliament on Monday, a step brought forward in…

BP said Sunday it is exiting its share in Rosneft, a state-controlled Russian oil and gas company, in reaction to Russia’s invasion of Ukraine. BP has held a 19.75% stake…

Commission President Ursula von der Leyen says the European Union will close its airspace to Russian airlines and private jets due to Russia’s invasion of Ukraine. The ban was decided…

The U.S. is revisiting cutting Russia from the global bank-to-bank payment system known as SWIFT, as the next step in a series of escalating sanctions punishing Moscow for the unprovoked…

An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1% in January compared with a year ago, the latest evidence that Americans are enduring sharp price increases…

Thailand’s economy has seen growth in its recovery amid the global pandemic, but rising COVID-19 cases concern health experts. Heavily reliant on international tourism to boost its economy, Thailand dropped…

Nigeria’s real estate market has been expanding rapidly, but so has the number of people in need of housing in Africa’s most populous country. Nigeria’s Central Bank says the country…

Stocks plunged and oil prices surged by more than $5 per barrel Thursday after President Vladimir Putin launched military action in Ukraine, prompting Washington and Europe to vow sanctions on…

With a library here, a power station there, China is using aid and investment to increase its presence in Central America, posing a challenge to the United States’ 2-century-old diplomatic…

The use of wind to generate electricity for the United States was thrust forward Wednesday with the largest-ever offering by the federal government of offshore development rights. Bidding for the…

Taking a cue from demonstrations that paralyzed Canada’s capital city for weeks, U.S. truckers on Wednesday plan to embark on a 2,500-mile (4,000-km) cross-country drive toward Washington D.C. to protest…

The Biden administration announced actions taken by the federal government and private industry that it says will bolster the supply chain for rare earths and other critical minerals used in…

Ghana’s rapid urbanization is producing more waste while fueling a boom in luxury housing that the average Ghanaian cannot afford. One entrepreneur may have the answer to both problems –…

A German newspaper and other media on Sunday said a leak of data from Credit Suisse, Switzerland’s second-biggest bank, reveals details of the accounts of more than 30,000 clients —…

Ethiopia began producing electricity on Sunday from its Grand Ethiopian Renaissance Dam (GERD), a multi-billion-dollar hydropower plant on the River Nile that neighbors Sudan and Egypt have worried will cause…

UNICEF announced Sunday an emergency cash support effort for all public education teachers in Afghanistan for January and February, saying the move will allow continued access to education for all…

Firefighters are struggling to put out a fire that broke out on Wednesday on a vessel carrying thousands of luxury cars, which is adrift off the coast of Portugal’s Azores…

A major initiative to strengthen and cement America’s ties with Asia and counterbalance China’s expanding influence lacks robust trade incentives that are viewed as politically perilous in the United States,…

India and the United Arab Emirates signed an agreement Friday that the two countries expect will increase bilateral trade to $100 billion in five years.  It is the first of…

One of the key highlights of the 2022 Chicago Auto Show is the display of new, all-electric vehicles coming to dealer showrooms soon. VOA’s Kane Farabaugh has more from the…