Barclays chief executive Jes Staley is leaving the bank after a dispute with British financial regulators over how he described his ties with convicted sex offender Jeffrey Epstein. Staley will…
more ...G-20 Leaders Pledge to End Financing for Overseas Coal Plants
G-20 leaders meeting in Rome have agreed to work to reach carbon neutrality “by around mid-century” and pledged to end financing for coal plants abroad by the end of this…
more ...Day One of G-20 Summit Focuses on Global Minimum Tax, Pandemic Preparedness
The G-20 Summit hosted by Italy in Rome this weekend brought together leaders from the world’s major economies. White House Bureau Chief Patsy Widakuswara has this report from Rome. …
more ...Thai Businesses Eager for Foreign Tourists’ Imminent Return
Before the pandemic effectively closed Thailand off to the rest of the world in March of last year, Bangkok’s Kin & Koff Café was perfectly placed to catch the throngs…
more ...US Wages Jump by Most in Records Dating Back 20 Years
Wages jumped in the three months ending in September by the most on records dating back 20 years, a stark illustration of the growing ability of workers to demand higher…
more ...Central Bankers Struggle to Tame Markets’ Inflation Fears
Central bankers and government officials around the world are scrambling to convince both the financial markets and the general public that recent spikes in price inflation are temporary, and don’t…
more ...Tariff Debate Divides US Solar Industry
Some American solar energy companies are calling on the U.S. Commerce Department to expand tariffs on Chinese solar components to include Chinese-linked products from Malaysia, Vietnam and Thailand. VOA’s Mike O’Sullivan reports on a debate that has divided the solar…
more ...US Economy Slowed Markedly in Recent Months
U.S. economic growth slowed markedly in the July-to-September period, weighed down by a summer surge in the coronavirus pandemic and a snarled supply chain for consumer products, the country’s Commerce…
more ...Facebook Inc. Rebrands as Meta to Stress ‘Metaverse’ Plan
Facebook CEO Mark Zuckerberg said his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future — what Zuckerberg calls the ” metaverse.” Skeptics point…
more ...Nigerians Skeptical About New Digital Currency Days After Launch
Thousands of Nigerians are expressing concern about the country’s new digital currency after its user app was temporarily removed from the Google Play store this week. The app has recorded…
more ...US Retailers Pull Products From Companies Linked to Rights Abuses in China
Three U.S. retail giants have pulled products made by tech surveillance specialists Lorex and Ezviz, following revelations by the tech press that the companies are linked to human rights abuses…
more ...Pandemic Worsens Prospect of Global Labor Recovery
New figures from the U.N.’s International Labor Organization indicate the global labor market has been slow to bounce back from the COVID-19 pandemic, with the economies of lower-income countries faring worse than those of the wealthier countries. Early this year,…
more ...US Holiday Sales Could Hit Record Levels
U.S. holiday sales could rise over 10% this year, a trade body said on Wednesday, as major consumer goods makers and retailers work to prevent supply chain disruptions from leaving…
more ...COP26 Climate Summit: What’s At Stake For Planet Earth?
Global pledges to cut greenhouse gas emissions are just a fraction of what’s needed to prevent catastrophic global warming. That’s the warning from the United Nations, ahead of the critical…
more ...US to Reopen Air Borders for Fully Vaccinated Visitors
The United States will soon reopen its air borders for fully vaccinated foreign visitors who have one of three approved COVID-19 vaccines or who can present a negative COVID-19 test…
more ...UK Plans $8 Billion Package to Boost Health Service Capacity
British finance minister Rishi Sunak’s budget this week will include an extra $8.1 billion of spending for the health service over the next few years to drive down waiting lists,…
more ...Is There a Constitutional Right to Food? Mainers to Decide
Depending on whom you ask, Maine’s proposed “right to food” constitutional amendment would simply put people in charge of how and what they eat — or would endanger animals and…
more ...Biden Trying to Finalize Social Safety Net Spending Plan
U.S. President Joe Biden is meeting Sunday with two key senators at his home in Delaware to try to complete details of a pared-down social safety net and climate control…
more ...New US Justice Department Initiative to Combat ‘Redlining’
U.S. Attorney General Merrick Garland announced Friday new measures to fight discriminatory lending practices. The Justice Department’s new Combating Redlining Initiative will redirect federal resources to investigating fair lending concerns,…
more ...As Pandemic Empties Offices, Record Number of Buildings Converted to Apartments
The practice of converting office buildings into apartments is at an all-time high in the United States, according to a recent report. Of the nearly 32,000 apartments created through adaptive reuse…
more ...US Deficit Hits $2.77 Trillion in Fiscal Year 2021
The U.S. government recorded its second largest budget deficit on record in fiscal year 2021, but it was down somewhat from 2020. This year’s deficit was $2.77 trillion compared to…
more ...China’s Troubled Property Behemoth Averts Default for Now
China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said Friday, buying it another week to wrestle with a debt crisis looming over…
more ...Source: China Evergrande Readies Funds for Interest Payment, Set to Avert Default
China Evergrande Group has supplied funds to pay interest on a U.S. dollar bond, a person with direct knowledge of the matter told Reuters on Friday, days before a deadline…
more ...US Regulators Unveil Blueprint to Tackle Financial Climate Risks
Climate change is an “emerging threat” to U.S. financial stability that regulators should address in their everyday work, a top U.S. regulatory panel said Thursday, a first for the United…
more ...In Colombia, Blinken Announces Deal to Curb Amazon Deforestation
After a day of high-level talks in Colombia, U.S. Secretary of State Antony Blinken announced on Thursday a regional partnership to address deforestation in the Amazon rainforest. “We’ll give much-needed…
more ...Warming Temperatures Could Spark Conflicts in Global Hot Spots, Reports Say
More than just altering the environment, climate change is threatening to permanently and dangerously reshape the global security landscape, according to a series of new assessments by U.S. military, intelligence and…
more ...
