NEW YORK — U.S. oil production rose 260,000 barrels per day month-over-month to a record 13.46 million bpd in October as demand surged to the highest levels since the pandemic, data…
more ...No ‘Santa Claus rally’ for global stocks as equities slide
new york — Global stock markets mostly fell Monday in jittery holiday trading ahead of a potentially tumultuous 2025 that will see Donald Trump return to the White House. Wall Street’s…
more ...Trump energy plans complicated by tariffs, global competition
A different approach to energy is at the center of President-elect Donald Trump’s promise to bring down the cost of living for Americans. But as VOA’s Congressional Correspondent Katherine Gypson…
more ...Treasury secretary to Congress: US could hit debt limit in mid-January
WASHINGTON — Treasury Secretary Janet Yellen said her agency would need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, as…
more ...Brazil views labor violations at BYD site as human ‘trafficking’
Rio de Janeiro, Brazil — Authorities in Brazil said Friday they are probing Chinese auto giant BYD and one of its contractors for suspected “trafficking” of Chinese workers building a factory…
more ...World Bank raises China’s GDP forecast for 2024, 2025
The World Bank raised on Thursday its forecast for China’s economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property…
more ...China, Japan foreign ministers meet and agree on visit, security dialog
BEIJING/TOKYO — Talks between China and Japan’s foreign ministers in Beijing have paved way for Japan to host China’s foreign affairs chief next year, and mutual agreement to hold a security…
more ...Big banks, business groups sue US Federal Reserve over annual ‘stress tests’
Major banks and business groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank’s annual “stress tests” of Wall Street firms violate the law. The lawsuit filed in…
more ...Nissan, Honda announce plans to merge, creating world’s No. 3 automaker
TOKYO — Japanese automakers Honda and Nissan have announced plans to work toward a merger, forming world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away…
more ...Trump taps ex-Treasury official Miran as chair of Council of Economic Advisers
Washington — President-elect Donald Trump said on Sunday that Stephen Miran, a Treasury Department adviser in his first administration, would be the chair of his Council of Economic Advisers. The council…
more ...Rising butter prices give European consumers and bakers a bad taste
PARIS — Pastry chef Arnaud Delmontel rolls out dough for croissants and pains au chocolat that later emerge golden and fragrant from the oven in his Paris patisserie. The price for…
more ...Amazon workers strike at seven US facilities ahead of Christmas rush
Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush, aiming to pressure the retailer into contract talks with their union. Warehouse…
more ...Thailand joins other Asia nations in battle against cheap Chinese imports
Bangkok — For many countries in Southeast Asia, Chinese investment and tourism are key to their economies. However, cheap low-quality Chinese products that are flooding markets across the region are also…
more ...US Federal Reserve cuts key loan rate by quarter-point
WASHINGTON — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more…
more ...Kenyan president strongly defends animal vaccination program
NAIROBI, KENYA — Kenya’s president said Tuesday that a mass livestock vaccination campaign will continue despite fears of some herders and farmers that the inoculations will somehow hurt their animals. Kenyan…
more ...VOA Kurdish: Syrian currency increased; prices remain high
After the fall of the regime of Bashar al-Assad, the value of the Syrian currency increased against the U.S. dollar, but the price of goods remains high. Residents say that…
more ...G20 watchdog urges governments to address non-bank financial risks
ZURICH — The Financial Stability Board (FSB) on Wednesday pitched recommendations for governments to reduce risks around hedge funds, insurers and other non-bank financial intermediaries, which now account for almost half…
more ...Nissan, Honda confirm talks on closer collaboration but say there’s been no decision on a merger
BANGKOK — Japanese automakers Nissan Motor Corp. and Honda Motor Co. confirmed Wednesday that they are discussing closer collaboration but denied reports they have decided on a merger. Nissan’s share price…
more ...Japan targets 40-50% power supply from renewable energy by 2040
Tokyo — Japan wants renewable energy to account for up to 50% of its electricity mix by fiscal year 2040 with nuclear power taking up another 20%, according to a draft…
more ...Labor organization: International migrants play crucial role in global economy
GENEVA — Migrants play a crucial role in the global economy by filling essential jobs in foreign countries and sending much-needed remittances to their home countries, according to a report released…
more ...First salmon in century reach Oregon’s Klamath Basin after dam removal
On the U.S. West Coast, conservationists for the world’s largest dam-removal project are both celebrating initial successes and encountering short-term obstacles. VOA’s Matt Dibble has our story from the Klamath…
more ...After losing beloved lake, a community navigates its future
In the Pacific Northwest, the world’s largest river restoration project has removed hydroelectric dams from the Klamath River to help migrating salmon. The project emptied a lake beloved to its…
more ...Trump promises lower prices, more oil for US economy
The economy was one of the biggest issues for voters in this year’s U.S. presidential election. As they await Donald Trump’s return to power, many Americans say they expect improving…
more ...Moody’s hands France surprise downgrade over deteriorating finances
PARIS — Credit ratings agency Moody’s unexpectedly downgraded France’s rating on Friday, adding pressure on the country’s new prime minister to corral divided lawmakers into backing his efforts to rein in…
more ...As tourists discover Finland’s Santa Claus Village, some locals call for rules to control the masses
Rovaniemi, Finland — Shuffling across icy ground on a cold December afternoon, lots of tourist groups poured into Santa Claus Village, a winter-themed amusement park perched on the edge of the…
more ...South Korea’s tourism, soft power gains, at risk from extended political crisis
SEOUL, SOUTH KOREA — From plastic surgery clinics to tour firms and hotel chains, South Korea’s hospitality sector is wary of the potential impact of a protracted political crisis, as some…
more ...
