The Biden administration appears set to discuss the international economic impact of the Russian invasion of Ukraine and, potentially, Ukraine’s reconstruction as part of the November G-20 summit agenda. White…
more ...Texas, Mexican Governors OK Deal to Return Border Truck Traffic to Normal
Commercial truck traffic from the Mexican state of Chihuahua to Texas will return to normal immediately after both sides reached an agreement on border security, Texas Governor Greg Abbott said…
more ...Yen Drops to 20-Year Low Against Dollar
The yen hit its lowest level against the dollar in two decades on Wednesday, extending recent falls as the gap widens between Japan’s ultra-loose monetary policy and U.S. tightening. Despite…
more ...US Crypto Researcher Sentenced for Helping North Korea Evade Sanctions
A former researcher at a high-profile cryptocurrency group was sentenced to five years and three months in prison on Tuesday for conspiring to help North Korea evade U.S. sanctions using…
more ...US Almond Growers Face Shipping Hurdles
Backups at U.S. West Coast ports and supply chain problems in rail and trucking have hurt American exports and limited the choices of international consumers. For one farm commodity, California almonds, the…
more ...US Consumer Prices Surge at Fastest Pace in 40 Years
U.S. consumer prices jumped 8.5% in March compared to a year ago, the biggest annual surge in more than 40 years, the government reported Tuesday. Price increases hit American consumers…
more ...German Gas Reserves Can Last Until Late Summer, Says Regulator
Germany’s gas reserves would last until at least late summer should Russian supplies stop now, the network regulator said on Tuesday, warning pressure on the European Union to ban Russian…
more ...What Global Supply Chain Disruptions Mean for Consumers
The war in Ukraine and sanctions on Russia are causing even more stress in an already strained global supply chain brought on by the pandemic. To see what this means…
more ...South Africa’s $2 Billion Citrus Industry Sours With Lost Exports to Russia
Russia’s invasion of Ukraine has left a sour taste for South Africa’s citrus farmers, who are facing millions of dollars in losses due to sanctions that have closed off the…
more ...Free Trade Deal to Open Doors for More Chinese Imports to ASEAN Countries
The ten countries in the Association of Southeast Asian Nations now comprise China’s largest trading partner, having surpassed the European Union in 2020. That high level of trade between ASEAN…
more ...Is the ‘Great Resignation’ Really the ‘Great Job Switch’?
Millions of Americans voluntarily left their jobs during the COVID-19 pandemic, with the quit rate hitting a record high of 3% — 4.5 million people — in November 2021. So,…
more ...Fishy Business: Report Details Chinese Fleet’s Illegal Operations in West Africa
It’s the classic postcard image of Ghana: brightly colored, narrow wooden fishing boats pulling into the dock of seaside village, bringing in the daily catch. But increasingly this way of…
more ...Shipping LNG to Europe: Pros, Cons for US Gulf Coast
International efforts to punish Russia for its war on Ukraine are being felt far from Europe, in the U.S. Gulf state of Louisiana, a hub of America’s energy sector. Late…
more ...US Doesn’t Want a Trade ‘Divorce’ From China
The United States is trying to be strategic about how it “realigns” its trade relationship with China, but is not interested in a large-scale “decoupling” or a trade “divorce,” U.S.…
more ...Ruble’s Strength in Face of Sanctions May Be Illusory
After a sharp plunge in value at the beginning of the war in Ukraine, the Russian ruble has recovered much of its value against other world currencies, a change made…
more ...Kashmir’s Pencil Village Generates Two-Thirds of Wood Needed for Pencils in India
VOA’s Zubair Dar brings us the story of ‘Pencil Village’ where a factory provides two-thirds of the wood needed to make pencils in India, which exports the old-school writing implement…
more ...Russia’s Invasion of Ukraine Increases Food Insecurity in Africa
U.S. government officials warn that many African countries will continue to face shortages and high food prices as long as Russia continues to wage war against Ukraine, from which Africa…
more ...US to Investigate Use of Chinese Materials in Imported Solar Panels
An announcement by the U.S. Commerce Department last week that it would investigate allegations that solar panel manufacturers in Southeast Asia are using Chinese-made parts and evading U.S. tariffs has…
more ...Ukraine War Pushes Up Wheat Prices
Russia and Ukraine are two of the world’s biggest exporters of wheat. Sanctions against Russia and the war in Ukraine are driving up global wheat prices. VOA correspondent Scott Stearns…
more ...Tesla CEO Elon Musk Takes a 9% Stake in Twitter
Tesla CEO Elon Musk has taken a 9.2% stake in Twitter, purchasing approximately 73.5 million shares, according to a regulatory filing Monday. Musk’s stake in Twitter is considered a passive…
more ...Sri Lanka Protesters Defy Curfew After Social Media Shutdown
Armed troops in Sri Lanka blocked a Sunday opposition protest march staged in defiance of an emergency curfew to protest the island nation’s worsening economic crisis, after authorities imposed a…
more ...Sri Lanka Blocks Social Media to Contain Economic Protests
Sri Lanka blocked access to social media platforms Sunday after authorities imposed a weekend nationwide curfew to contain protests over a worsening economic crisis. The South Asian nation is facing…
more ...US Added 431,000 Jobs in March in Sign of Economic Health
America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest…
more ...Survey Shows Young Taiwanese Lack Savings, Are Highly Indebted
More than 20% of Taiwanese under the age of 40 say they lack savings and 65% report they are in debt, according to new survey findings from a Taiwanese job…
more ...Biden Proposes Raising Taxes on Super Wealthy Americans
In his new budget, U.S. President Joe Biden has proposed a 20 percent minimum tax on households with a net worth of more than $100 million. The proposal highlights the…
more ...DRC Joins EAC Regional Bloc to Facilitate Trade
The Democratic Republic of Congo this week became the seventh country to join the East African Community. The regional trade bloc, which includes Burundi, Kenya, Rwanda, South Sudan, Tanzania, and…
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