U.S. Vice President Mike Pence said Saturday that he was leaving a summit of Latin American countries in Peru very hopeful that the United States, Mexico and Canada were close to a deal on a renegotiated NAFTA trade pact. Pence told reporters it was possible that a deal would be reached in the next several weeks. The …
India’s federal police said Saturday that they had filed a case against a former chairman of state-run UCO Bank and several business executives alleging criminal conspiracy that caused a loss of 6.21 billion rupees ($95.17 million). Police said officials at the bank had colluded with private infrastructure firm Era Engineering Infra Ltd. and investment banking firm …
After weeks of railing against online shopping giant Amazon, President Donald Trump signed an executive order Thursday creating a task force to study the United States Postal System. In the surprise move, Trump said that USPS is on “an unsustainable financial path” and “must be restructured to prevent a taxpayer-funded …
China’s exports growth unexpectedly fell in March, raising questions about the health of one of the economy’s key growth drivers even as trade tensions rapidly escalate with the United States. March import growth beat expectations, however, suggesting its domestic demand may still be solid enough to cushion the blow from …
U.S. President Donald Trump said Thursday that his administration might allow the sale of gasoline containing 15 percent ethanol year-round, which could help farmers by firing up corn demand but faces opposition from oil companies. The proposal marked the latest move by the Trump administration to navigate the rival oil and corn constituencies as they clash …
The World Trade Organization predicts continued trade growth this year, though it warns that tensions and “tit-for-tat” retaliatory measures, notably between the U.S. and China, could compromise those projections. WTO Director-General Roberto Azevedo laid out the trade body’s predictions at a news conference Thursday amid concerns about a trade war …
The European Union executive is seeking to protect farmers by imposing fines on retailers and supermarket chains using unfair trade practices. EU Farm Commissioner Phil Hogan said Thursday the plan was “about giving voice to the voiceless” as small-scale farmers across the EU have struggled to eke out a …
The sweaty mechanic tossed aside the used jeans one by one, digging deep through the pile of secondhand clothes that are at the center of another, if little-noticed, Trump administration trade war. The used clothes cast off by Americans and sold in bulk in African nations, a multimillion-dollar business, …
Thousands of megawatts of wind and solar energy contracts in the Mekong region of Southeast Asia have been signed, seriously challenging the financial viability of major hydropower projects on the river, an energy expert told a water conference last week. Buoyed by a recent Thai government decision to delay a …
The increasing trade tensions between the United States and China has rattled farmers in the American heartland, the place where many of the products on which China seeks to impose a tariff are produced. As VOA’s Kane Farabaugh reports, those farmers, once supportive of President Trump, are increasingly wary about …
Tuesday, April 10, is Equal Pay Day in the United States. Advocates designated the day to mark how much longer women must work, on average, to earn as much as men averaged in the previous year. Germany recognized Equal Pay Day on March 10. The Czech Republic will observe it …
China’s President Xi Jinping did not mention U.S. President Donald Trump by name or speak directly about rising trade frictions with Washington during a closely watched speech at the Boao Forum — China’s version of Davos for Asia. But the pledges Xi made to press forward with economic reforms had …
In war-torn Afghanistan, honey is regarded as a traditional cure-all but for one schoolgirl, the sticky commodity has also created sweet opportunities to work and own a business in a country where few women do so. Three years ago, Frozan, now 19 years old, obtained a small loan, bought two …
Brazil’s government has been told that development projects, including hydropower dams, in protected areas can no longer go ahead without the prior approval of lawmakers. Last week’s ruling by the supreme court followed the use by the government in recent years of the controversial “provisional measure”, a legal instrument that …
Afghanistan is set to exploit its unique agricultural climate by refining and exporting another kind of flower, orange blossoms! An Afghan investor found a way to extract the citrusy, floral bouquet from the delicate flowers to create perfumes. As VOA’s Zabihullah Ghazi reports in Jalalabad, not only is the perfume …
U.S. President Donald Trump predicted Sunday there would be a resolution of the U.S.-China standoff on tariffs on hundreds of billions of dollars of goods the world’s two biggest economies are threatening to impose on each other. The U.S. leader said, without offering any direct information, that “China will take …
Taiwan says it regrets that the “one China” policy insisted on by Beijing prevents it from providing much needed development aid to most countries in Africa. Taiwan was in a relatively good diplomatic position in Africa several years ago. Taiwan’s Deputy Secretary-General for International Cooperation and Development, Pai-po Lee, says …
The U.N. secretary-general and the Singaporean foreign minister voiced concerns about global trade tensions and rising protectionism during back-to-back meetings in Beijing on Sunday. Following remarks from his Chinese counterpart, Singaporean Foreign Minister Vivian Balakrishnan vowed to “double-down” on free trade and economic liberalization in tandem with China. “This …
Some 30 percent of Air France flights were cancelled Saturday as strikes over pay rises appear to be intensifying. And that’s just part of France’s travel troubles this month. Most French trains will screech to a halt as a strike over President Emmanuel Macron’s economic reforms resumes Saturday night – …
Following the success of West Virginia teachers in securing a pay raise, educators in Oklahoma and Kentucky are walking out of their classrooms, demanding that lawmakers increase education spending in their states. Arizona teachers may soon follow suit. From Washington, VOA’s Jill Craig has more. …
Federal law enforcement authorities are in the process of seizing Backpage.com and its affiliated websites. A notice that appeared Friday afternoon at Backpage.com says the websites are being seized as part of an enforcement action by the FBI, U.S. Postal Inspection Service and the Internal Revenue Service. The notice doesn’t …
The Trump administration is considering ways to require imported automobiles to meet stricter environmental standards in order to protect U.S. carmakers, The Wall Street Journal reported Friday. Responding to the story, White House spokeswoman Sarah Huckabee Sanders said President Donald Trump “will promote free, fair and reciprocal trade practices to …
A teachers strike in Oklahoma stretched into a fifth day on Friday, and a state union leader said he doesn’t think pending proposals to increase revenue are enough to stop the walkout from extending into next week. The Senate considered separate proposals Friday to expand tribal gambling and tax certain …
Technology that once promised freedom from the confines of an office has, for many workers, become a ball and chain, blurring the lines between work hours and, well, any other hours. A New York City Council member wants to put a stop to that. The proposal would bar employers from …
The U.S. Labor Department reported Friday the unemployment rate in March remained at a 17-year-low of 4.1-percent for the sixth straight month. U.S. employers added 103,000 jobs in March, less than the 175,000 analysts expected, following several months of larger increases. The modest job creation was partly caused by the …
Venezuela said on Thursday it was halting commercial relations with Panamanian officials and companies, including regional airline Copa, for alleged involvement in money laundering, prompting Panama to recall its ambassador. The resolution names Panamanian President Juan Carlos Varela and nearly two dozen Cabinet ministers and top-ranking officials, adding that Panama’s …