The annual World Economic Forum opened today in Switzerland against a backdrop of anxieties over trade disputes, Brexit and a growth slowdown that some fear could tip the world economy. VOA’s Mariama Diallo reports. …
Cameras and alarms keep offices and warehouses safe worldwide. But a new kind of security guard is making the rounds looking for anything that is unusual. Michelle Quinn reports. …
Nigeria is to send a bill recommending a national minimum monthly wage rise of 50 percent to 27,000 naira ($88) to lawmakers in the national assembly, the labor minister said on Tuesday. Cost of living is a major campaign issue ahead of a presidential election on 16 February and unions …
American tech giant Google has opened a new office in Berlin that it says will give it the space to expand in the German capital. CEO Sundar Pichai said Tuesday the space means Google could more than double the number of Berlin employees to 300. Google currently has 1,400 …
Brazilian President Jair Bolsonaro will headline the first full day of the World Economic Forum in Davos, Switzerland, with a speech to political and business leaders. The nationalist leader is attending an event that has long represented business’s interest in increasing ties across borders. But globalism is in retreat …
Economists warn that political uncertainties and trade tensions could undermine global economic growth. Rights groups warn of the dangers of growing economic inequality. About 3,000 political and economic leaders have gathered in the Swiss resort town of Davos to discuss global business and economic trends at an annual economic forum. …
The United Nations is forecasting that the global economy will grow by around 3 percent in 2019 and 2020, but says waning support for multilateralism, escalating trade disputes, increasing debt and rising climate risks are clouding prospects The United Nations is forecasting that the global economy will grow by around …
France’s data watchdog fined Google nearly $57 million on Monday, saying the tech giant failed to provide users with transparent information on its data consumer policies and how their personal information was used to display advertising targeting them. The French agency CNIL said U.S.-based Google made it too difficult for …
British Prime Minister Theresa May unveiled her Brexit Plan B on Monday — and it looks a lot like Plan A. May launched a mission to resuscitate her rejected European Union divorce deal, setting out plans to get it approved by Parliament after securing changes from the EU to a …
Russia’s communication watchdog, Roskomnadzor, opened “administrative proceedings” Monday against Facebook and Twitter for non-compliance with country’s data laws, Interfax news agency reported. Roskomnadzor head Alexander Zharov is quoted as saying that U.S. social media giants have a month to comply or face legal proceedings. According to Roskomnadzor, Facebook and Twitter …
China’s 2018 economic growth decelerated to 6.6 percent after activity in the final quarter of the year declined amid a tariff battle with Washington. Data announced Monday showed economic growth cooled to a post-global crisis quarterly low of 6.4 percent in the three months ending in December from the previous …
The sale of Nile Perch fish maw in Uganda has become a lucrative business, especially for distributors. The fish maw – or dried swim bladder – is used as an aphrodisiac in China. But Ugandan fishermen bringing in the perch say they are being exploited while others are reaping the …
In the future, a tattoo may not only be a way for someone to express themselves, it may also be used to monitor a genetic condition or even control a prosthetic device. VOA’s Kevin Enochs reports. …
Home to Apple, Facebook and Google, Silicon Valley is an American economic powerhouse, producing technology companies with global influence. But behind these influential American brands are scores of foreign workers who play a critical role in the Valley’s tech workforce. Deana Mitchell reports. …
U.S. President Donald Trump said on Saturday progress is being made toward a trade deal with China and denied that he was considering lifting tariffs on Chinese products. “Things are going very well with China and with trade,” he told reporters, adding that he had seen some “false reports” indicating …
Humanity’s efforts to move into and peer into space seem to be experiencing something of a renaissance in the past few weeks. NASA’s pictures of Ultima Thule continue to astound, as do Chinese pictures from their probe on the far side of the moon. Coming soon, the James Webb Telescope …
World stock indexes jumped on Friday, with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December as optimism increased that an end is in sight to the U.S.-China trade conflict. Stocks were boosted by a Bloomberg report that said China …
Facebook may be facing the biggest fine ever imposed by the U.S. Federal Trade Commission for privacy violations involving the personal information of its 2.2 billion users. The FTC is considering hitting Facebook with a penalty that would top its previous record fine of $22.5 million, which it dealt to …
U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as a partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth. The drop in confidence reported by the University of Michigan on …
A Duke University team expects to have a product available for election year that will allow television networks to offer real-time fact checks onscreen when a politician makes a questionable claim during a speech or debate. The mystery is whether any network will choose to use it. The response to …
The European Union insisted Friday that agriculture be kept out of the EU-U.S. trade negotiations, despite Washington’s wishes to include the vast sector, and said any overall deal will be limited in scope. The EU Commission announced its pro posals for a negotiating mandate from the 28 member states and …
Electric car and solar panel maker Tesla said Friday it plans to cut its staff by about 7 percent. “The road ahead is very difficult,” the company’s founder and CEO Elon Musk said in an email to employees posted on the company’s website. He said Tesla Inc. hopes to post …
An array of crises will keep several world leaders away from the annual World Economic Forum (WEF) in Davos next week, which takes place against a backdrop of deepening gloom over the global economic and political outlook. Anxieties over trade disputes, fractious international relations, Brexit and a growth slowdown that …
A federal appeals court said Thursday it would not delay oral arguments set for Feb. 1 on the Trump administration’s decision to repeal the 2015 landmark net neutrality rules governing internet providers. The Federal Communications Commission (FCC) on Tuesday asked the court to delay the arguments over its December 2017 …
U.S. Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback during trade discussions scheduled for Jan. 30, the Wall Street Journal reported Thursday, citing people familiar with the internal deliberations. But Trade Representative Robert Lighthizer has resisted the idea, …
Indonesian President Joko Widodo has accused his election rival of allowing corrupt candidates on his legislative ticket and failing to include women in senior positions. Widodo and former General Prabowo Subianto, along with their running mates, faced off Thursday in the first of five debates before the April 17 election. …