Trade ministers of 14 countries in the U.S.-led Indo-Pacific Economic Framework talks “substantially completed” negotiations on an agreement to make supply chains more resilient and secure, U.S. Commerce Secretary Gina…
more ...UPS Strike Looms in World Reliant on Everything Delivered Everywhere All the Time
Living in New York City, working full time and without a car, Jessica Ray and her husband have come to rely on deliveries of food and just about everything else…
more ...US Trade Representative, China’s Commerce Minister Clash on APEC Sidelines
U.S. Trade Representative Katherine Tai raised complaints about China’s state-led economic policies during a meeting on Friday with Chinese Commerce Minister Wang Wentao, who objected to U.S. tariffs and trade…
more ...US Farmers Buffeted by War in Ukraine, High Interest Rates
For a second year, the war in Ukraine is adding to worries for American farmers already pinched by higher interest rates. VOA’s Kane Farabaugh speaks with farmers in the Midwest…
more ...Japan and US to Commit to Closer Chip Cooperation in Joint Statement
Japan and the United States will issue a joint statement on technology cooperation on Friday that will commit them to closer cooperation in research and development of advanced chips and…
more ...Last Quarter US Economic Growth Revised Up to Still-Tepid 1.3% Annual Rate
The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday in a…
more ...EU Fines Facebook Parent Meta $1.3 Billion for Transferring User Data to US
The European Union fined Meta a record $1.3 billion on Monday and ordered it to stop transferring user data across the Atlantic by October, the latest salvo in a decadelong…
more ...Biden Calls on Republicans to Abandon ‘Extreme Position’ on Government Spending
U.S. President Joe Biden said Sunday that opposition Republicans in the House of Representatives must move away from their “extreme position” on government spending in order to reach a deal…
more ...Despite War, Dutch Farmer Stays in Ukraine to Help Country
The United Nations and Turkey have negotiated a two-month extension to an agreement allowing Ukraine farmers to continue to export of millions of tons of grain. That’s good news for Dutch farmer…
more ...Fewer Americans Apply for Jobless Benefits, Labor Market Still Showing Strength
Fewer Americans applied for jobless benefits last week after a previous spike that some took as a sign that higher interest rates were finally cooling the labor market. Applications for…
more ...Biden Tries to Ease Fears of Government Default Amid Budget Talks
President Joe Biden on Wednesday sought to assure Americans that the U.S. will not default on its debts as the White House and top congressional leaders conduct tense, protracted budget…
more ...Biden, Congressional Leaders Fail Again to Reach Agreement on Debt Ceiling
U.S. President Joe Biden, House Speaker Kevin McCarthy and other top congressional leaders appeared no closer Tuesday to a deal aimed at reaching agreement on raising the country’s debt ceiling…
more ...Zimbabwe’s Gold-Backed Digital Currency Hopes to Stem Devaluation
Zimbabwe’s central bank on May 8 launched a gold-backed digital currency it hopes will reduce the demand for US dollars and the devaluation of the Zimbabwe dollar. But analysts say…
more ...Biden, Congressional Leaders Meeting Again on Debt Ceiling, Spending Cuts
U.S. President Joe Biden, House Speaker Kevin McCarthy and other top congressional leaders are meeting Tuesday at the White House in a new effort to reach agreement on raising the…
more ...Ghana’s Cocoa Farmers Suffer Falling Incomes as Chocolate Makers Reap Profits, Says Oxfam
The world’s biggest chocolate producers are enjoying large profits while failing to pass on the benefits to cocoa farmers, many of whom are suffering falling incomes and worsening poverty, according…
more ...Oxfam: Chocolate Makers Reap Profits, But Not Cocoa Farmers
The world’s biggest chocolate producers are enjoying record profits – but are failing to pass on the benefits to cocoa farmers, many of whom are suffering falling incomes and worsening…
more ...G7 Talks Focus on Ways to Fortify Banks, Supply Chains
Bank runs, cybersecurity and supply chain reliability were among items on the agenda of closed-door financial talks Friday in Japan by the Group of Seven advanced economies. Tensions with China,…
more ...Somalia’s Hope for Debt Relief Under Threat, Experts Warn
A renewed political dispute between the federal government of Somalia and the Puntland federal member state, and a failure of the fragile reforms to boost revenue collection and fiscal transparency,…
more ...Democratic, Republican Leaders to Meet on US Debt Limit Deadlock
U.S. President Joe Biden and the top Republican and Democrats in Congress are set to meet Tuesday at the White House amid an impasse about raising the country’s debt limit. …
more ...Are Corporate Profits Driving Global Inflation?
As prices for food and goods remain high in many countries, some economists say the persistent inflation is partly due to corporate profit-seeking. VOA’s Veronica Balderas Iglesias has the details.…
more ...ASEAN Leaders to Tackle Regional Crises at Tropical Resort
A picturesque tourist destination will host crisis-weary Southeast Asian leaders with sun-splashed tropical islands, turquoise waters brimming with corals and manta rays, seafood feasts, and a hillside savannah crawling with…
more ...Yellen to US Congress: Raise Debt Ceiling or Face Economic Calamity
Treasury Secretary Janet Yellen reiterated that the United States could run out of cash as early as June 1. Her warning comes days before President Joe Biden is expected to…
more ...US Treasury Chief: ‘Financial Catastrophe’ if Debt Ceiling Not Increased
U.S. Treasury chief Janet Yellen warned Sunday of an “economic and financial catastrophe” for the United States and the world economy if President Joe Biden and Congress cannot agree on…
more ...How China, Russia Might Capitalize on US Debt Limit ‘Chaos’
US officials are warning that China and Russia would capitalize on the ‘chaos’ that would ensue if the United States defaulted on its debt. The warnings come amid a monthslong…
more ...Worries About US Banks Have Investors Nervous
In the wake of three of the biggest bank failures in U.S. history over the past two months, Americans are increasingly jittery about the safety of their money, worried about…
more ...World’s Tallest ‘Hemp Hotel’ Trails South Africa’s Green Credentials
CAPE TOWN, SOUTH AFRICA — With 12 storeys, a breathtaking view of Cape Town’s imposing Table Mountain and a minimal ecological footprint, the world’s tallest building made with industrial hemp…
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