President Donald Trump says Treasury Department official David Malpass is his choice to lead the World Bank. Trump introduced Malpass on Wednesday as the “right person to take on this…
more ...Mnuchin: Powell and Trump Had ‘Productive’ Meeting
Treasury Secretary Steven Mnuchin said Wednesday that President Donald Trump had a “quite productive” dinner with Federal Reserve Chairman Jerome Powell. He says they discussed a wide range of subjects,…
more ...Algerian Brain Drain is Pre-election Headache for Government
No matter who wins Algeria’s presidential election, 29-year-old cardiologist Moumen Mohamed plans to seek his fortune elsewhere. He is one of a growing number of young, educated Algerians who are…
more ...Patient at Pennsylvania Hospital Being Tested for Ebola
A patient is being tested for Ebola at a hospital in Philadelphia, although officials don’t believe the patient has the potentially deadly illness. Penn Medicine says preliminary testing at the…
more ...Rwanda Signs $400M Deal to Produce Methane Gas from ‘Killer Lake’
Rwanda said on Tuesday it had signed a $400 million deal to produce bottled gas from Lake Kivu, which emits such dense clouds of methane it is known as one…
more ...Uruguay Betting on Exports of Medical Marijuana
When he was younger, the only thing that Enrique Morales knew about marijuana was that you smoked it to get high. Today, the former driver is a horticulturist on…
more ...Madrid Taxi Drivers Call Off Anti-Uber Strike, Vow to Fight On
Taxi-drivers in the Spanish capital seeking tighter regulation of Uber and other ride-hailing services called off their indefinite strike on Tuesday after 16 days during which they obtained no concessions…
more ...Venezuelans Rush to Benefit From Rare Reverse in Currency Rate Trend
It is an unusual sight for Caracas: lines are forming outside currency exchange houses that had been largely deserted since the Venezuelan government introduced controls 16 years ago. That is…
more ...UN Sees Poverty Hope in African Uptake of Child Welfare Payments
The spread of state welfare for children around Africa has the potential to make a major dent in global poverty, the United Nations said on Wednesday. Children account for the…
more ...US Trade Agency Sees Negotiating New WTO Rules to Rein in China as Futile
Negotiating new World Trade Organization rules to try to rein in China’s “mercantilist” trade practices would be largely a futile exercise, the Trump administration’s trade office said on Monday, vowing…
more ...Brazil Mulls Minimum Retirement Age of 65 for Men and Women
Brazil’s government has opened discussions with congressional leaders, state governors and mayors on a pension reform bill that would set the minimum retirement age for men and women at 65,…
more ...For Migrants in Russia, Shattered Dreams and Uncertain Futures
Long before she became just one of the financially destitute legions of street sweepers that dot Moscow’s bitterly cold winter landscape, Shaknoza Ishankulova had simply wanted to do the right…
more ...Trump Likely to Take Credit for US Economic Success in State of Union Speech
U.S. President Donald Trump is expected to praise the U.S. economy and insist on the need for a physical barrier on the U.S. border with Mexico in his upcoming state…
more ...Judge Approves Massive Puerto Rico Debt Restructuring Deal
A federal bankruptcy judge approved a major debt restructuring plan for Puerto Rico on Monday in the first deal of its kind for the U.S. territory since the island’s government…
more ...Fears of Street Riots as British Economy Takes Brexit Hit
British lawmakers are debating new proposals on the European Union Withdrawal Agreement this week, amid a series of stark warnings over the consequences of Britain crashing out with no deal…
more ...Feuding UK Politicians Seek Elusive Unity as Brexit Looms
With Brexit just seven weeks away, Britain’s ruling Conservative Party was locked in tense negotiations with itself Monday to rework the U.K.’s divorce deal with the European Union — as the…
more ...Nissan Cancels Plans to Make SUV in UK
Nissan announced Sunday it has cancelled plans to make its X-Trail SUV in the UK — a sharp blow to British Prime Minister Theresa May, who fought to have the…
more ...Business Space for Women Fosters Creativity, Cooperation
Finding a comfortable working environment can sometimes be difficult, especially for women working in male-dominated fields like science and technology. But some new startups are all about creating spaces that…
more ...Optimism, But No Concrete Progress at US-China Trade Talks
The most recent round of trade talks between the United States and China concluded in Washington this week with no firm deal other than a commitment to keep talking. Nike…
more ...Why Wealthy Americans Are Renting Instead of Buying
Although they can afford to purchase a home, more well-to-do Americans are choosing to rent instead. The number of U.S. households earning at least $150,000 annually that chose to rent…
more ...Robust Job Gain in January Shows US Economy’s Durability
U.S. employers shrugged off last month’s partial shutdown of the government and engaged in a burst of hiring in January, adding 304,000 jobs, the most in nearly a year. The…
more ...Robust US Job Market Likely Defied Shutdown
U.S. employers likely kept adding jobs at a healthy pace in January even in the face of threats ranging from weakening global growth to the Trump administration’s trade war with…
more ...Hit by Sanctions, Asia’s Iran Crude Oil Imports Drop to 3-Year Low in 2018
Iranian crude oil imports by Asia’s top four buyers dropped to the lowest volume in three years in 2018 amid U.S. sanctions on Tehran, but China and India stepped up…
more ...Ghirardelli, Russel Stover Fined over Chocolate Packaging
Ghirardelli and Russell Stover have agreed to pay $750,000 in fines after prosecutors in California said they offered a little chocolate in a lot of wrapping. Prosecutors in Sacramento, San…
more ...Trump Order Asks Federal Fund Recipients to Buy US Goods
President Donald Trump will sign an executive order Thursday pushing those who receive federal funds to “buy American.” The aim is to boost U.S. manufacturing. Peter Navarro, director of the…
more ...Need for Speed: Carts on Rails Help Manila’s Commuters Dodge Gridlock
Thousands of commuters flock to Manila’s railway tracks every day, but rather than boarding the trains, they climb on to wooden carts pushed along the tracks, to avoid the Philippine…
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