Russian officials have said that they will move to nationalize the assets of Western companies that pull out of their country over its invasion of Ukraine, a decision that will…
more ...Corporations and Big Tech Find Ways to Help Ukraine
For many Ukrainians, staying online has been daunting as Russia attacks telecoms and power supplies, but some people, like Oleg Kutkov, a software and communications engineer, are testing out a…
more ...US Wants Gulf States to Boost Oil Supplies to Offset Russian Ban
The United States has banned Russian energy imports and wants Saudi Arabia to increase oil production to mitigate a dramatic spike in gas prices. But just how willing Gulf states…
more ...Not All Western Companies Sever Ties to Russia Over Ukraine
A shrinking number of well-known companies are still doing business in Russia, even as hundreds have announced plans to curtail ties. Burger King restaurants are open, Eli Lilly is supplying…
more ...Facebook Eases Rules, Allows Violent Speech Against ‘Russian Invaders’
Facebook said Thursday that because of the invasion of Ukraine, it has temporarily eased its rules regarding violent speech. Moscow’s internationally condemned invasion of its neighbor has provoked unprecedented sanctions…
more ...Sudan Looks to Gold to Boost Economy, Denies Russian Smuggling
Sudan’s military rulers this week announced an emergency committee to address the country’s collapsing economy and pointed to its gold mining as a possible boost. Sudan’s ambassador to Russia has…
more ...Twitter Offers Darkweb Site to Restore Access for Russian Users
Twitter says it has created a version of its microblogging service that can be used by Russians despite the regular version of the service being restricted in the country. The…
more ...US Inflation Soared 7.9% in Past Year, a Fresh 40-Year High
Propelled by surging costs for gas, food and housing, consumer inflation in the U.S. jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger…
more ...Experts Forecast Big Boost in Oil Revenue for Some African Economies
While soaring oil prices hit consumers worldwide, their misfortune means a fortune for others. There will certainly be a “significant boost in government revenue” for some oil-producing African countries as…
more ...Ukrainian Charged in Ransomware Spree Is Extradited to US
A Ukrainian man charged last year with conducting one of the most severe ransomware attacks against U.S. targets has been extradited to the United States and made a court appearance…
more ...Biden Signs Cryptocurrency Oversight Order as Its Use Explodes
President Joe Biden on Wednesday signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should create its own digital…
more ...US House Lawmakers Urge Department of Justice to Investigate Amazon
A bipartisan group of lawmakers has written a letter asking the Department of Justice to determine whether online retailer Amazon engaged in obstruction of Congress during an investigation of the…
more ...EU Agrees to Broaden Sanctions on Russian Officials, Oligarchs
The European Union has agreed to expand its third round of sanctions being imposed on Russia to target a larger number of oligarchs and officials close to President Vladimir Putin…
more ...Iraqis Protest Rise in Food Prices, Officials Blame Ukraine War
Protests erupted Wednesday in Iraq’s impoverished south over a rise in food prices that officials attributed to the conflict in Ukraine. For about a week, the price of cooking oils…
more ...US Banning Russian Energy Imports
Global oil prices soared Tuesday as President Joe Biden announced that the United States will ban imports of Russian energy — a move that could have a dramatic impact in…
more ...US Bans Imports of Russian Oil Amid Ukraine Invasion
The U.S. is banning all imports of Russian oil and gas, President Joe Biden announced Tuesday — a move that he said “will deal another powerful blow to Putin’s war…
more ...Women Break Barriers to Find Success in Real Estate in Kenya
Like in much of Africa, women in Kenya own only a small fraction of property, and less than 14% of Kenya’s real estate brokers are women. For VOA, Juma Majanga…
more ...Invasion of Ukraine Prompts Exodus of Western Companies from Russia
A growing number of Western businesses are either halting operations in Russia or exiting altogether over that country’s military incursion of neighboring Ukraine. The major hit to Russia’s economy will…
more ...What Happens in Kenya When Modernization Clashes With Nature?
The tension between nature and modern development is being played out in Kenya. Along Nairobi Expressway’s construction site, workers can be seen wrapping marigolds and other greenery onto industrial beams,…
more ...Biggest Stock Slide on Wall Street in 16 Months as Oil Surges
Wall Street had its biggest drop in more than a year Monday as another leap for oil prices threatened to squeeze inflation’s grip on the global economy. The S&P 500…
more ...As Hershey Raises Prices, Ivory Coast Cocoa Farmers Grapple With Climate Change
Chocolate makers are expected to raise prices this year due to higher costs of cocoa from exporters like Ivory Coast, the world’s largest cocoa producer. Hershey, the largest producer of…
more ...US Delegation Travels to Venezuela to Explore Easing Sanctions
A delegation of senior U.S. officials visited Venezuela Saturday for talks with members of President Nicolas Maduro’s government to explore the possibility of easing U.S. sanctions against the major oil…
more ...Libya Oil Production Falls After 2 Crucial Fields Shut Down
Libya’s national oil company said Sunday that an armed group has shut down two crucial oil fields, causing the country’s daily production of oil to drop by 330,000 barrels. The…
more ...Sanctioning Russia Curtails North Korea’s Hard Currency Intake
As international sanctions on Moscow have triggered a decrease in the ruble’s value, North Korean workers in Russia are struggling to meet the remittance quotas set by Pyongyang, according to…
more ...Mastercard, Visa Suspend Operations in Russia After Invasion
Mastercard and Visa are suspending their operations in Russia, the companies said Saturday, in the latest blow to the country’s financial system after its invasion of Ukraine. Mastercard said cards…
more ...To Fight Its War, Russia Closing Digital Doors
Russia’s blocking of Facebook is a symptom of its broader effort to cut itself off from sources of information that could imperil its internationally condemned invasion of Ukraine, experts say.…
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