General Motors’s assembly plant in Silao, a city in Mexico’s automotive heartland, cranked out more than 400,000 highly profitable, large pickup trucks last year, and is critical to the launch of a new generation of Chevrolet Silverado trucks later this year. Now, GM’s Silao factory, and the profit it generates, …
your ad hereGreeks Face More Pain, Protests as Bailout Nears End
Greek lawmakers, eying the end of eight years of bailout programs, approved more austerity measures late Monday, as strikes and mass protests brought much of Athens to a standstill. Protesters in Athens sprayed police with red paint outside parliament as some 20,000 people marched in anti-government rallies in the capital …
your ad hereAt Port in Northern France, Brexit Occupies Minds and Looms Over Planning
With construction under way, Jean-Marc Puissesseau may have to rework an 800-million-euro- ($1-billion-) project to double the capacity of Calais’ port because of Britain’s exit from the European Union. The fortunes of France’s busiest passenger port — just 20 miles (33 km) across the water from Britain — hinge on …
your ad herePaper: IMF Concerned by Ukraine’s Anti-Corruption Draft Law
The International Monetary Fund has told the Ukrainian authorities that it does not support a draft law to create an anti-corruption court because the bill does not guarantee its independence, the newspaper Ukrainska Pravda reported on Monday. Slow progress in establishing a court to handle corruption cases while demonstrating independence …
your ad hereEnergy Agency Sees Oil Price Decline, But Analyst Predicts a Boom
Crude oil prices reached a 30-month high this week. But the government agency that analyzes and disseminates energy information says the rally may have run its course. The Energy Information Administration predicts U.S. crude prices will stabilize to about 55 dollars a barrel for West Texas Crude and 60 dollars …
your ad hereWahlberg Donates $1.5 Million After Pay Gap Outcry
Following an outcry over a significant disparity in pay between co-stars, Mark Wahlberg agreed Saturday to donate the $1.5 million he earned for reshoots for All the Money in the World to the sexual misconduct defense initiative Time’s Up. Wahlberg said he’ll donate the money in the name of his …
your ad hereProtests in Tunisia Spur Government to Pledge Aid to Poor
Tunisia plans to increase aid for poor families by $70.3 million, after nearly a week of protests over austerity measures, an official said Saturday. “This will concern about 250,000 families,” Mohamed Trabelsi, minister of social affairs, said. “It will help the poor and middle class.” President Beji Caid Essebsi was …
your ad hereReport: Traffic Fatalities Hold Back Developing Economies
Deadly traffic accidents are more than just individual tragedies. They’re a drag on economic growth in developing countries, according to a new World Bank report. The study is among the first to show that investing in road safety in low- and middle-income countries would raise national incomes. Ninety percent of …
your ad hereAwash in Corn, Soybeans, US Farmers Focus on Trade Deals
For Illinois farmer Garry Niemeyer, it’s a slow time of year, spent indoors fixing equipment, not outdoors tending his fields, which now lie empty. All of his corn and soybeans were harvested in what has turned out to be a good year. “This is the largest amount of corn we’ve …
your ad hereAwash in Corn, Soybeans, U.S. Farmers Focus on Trade Deals
The United States Department of Agriculture reports record harvests of corn and soybeans in the United States in 2017, with stocks overflowing at elevators and storage bins across the country. But as VOA’s Kane Farabaugh reports, record yields don’t necessarily translate into stronger bottom lines for farmers, who increasingly depend …
your ad hereProtests Erupt Again in Tunisia, Cradle of 2011 Arab Spring
Protesters took to the streets in towns and cities across Tunisia for a fourth day Friday, as anger grows over price hikes introduced by the government. Demonstrations in 2011 in Tunisia grew into the revolution that overthrew the government and triggered a wave of uprisings across the Arab world. Seven …
your ad hereFiat Chrysler to Invest $1 Billion in Michigan Plant, Add 2,500 Jobs
Fiat Chrysler Automobile said on Thursday it will shift production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move that lowers the risk to the automaker’s profit should President Donald Trump pull the United States out of the North American Free Trade Agreement. Fiat Chrysler said …
your ad hereTrump’s EPA Aims to Replace Obama-era Climate, Water Regulations in 2018
The U.S. Environmental Protection Agency will replace Obama-era carbon and clean water regulations and open up a national debate on climate change in 2018, part of a list of priorities for the year that also includes fighting lead contamination in public drinking water. The agenda, laid out by EPA Administrator …
your ad hereWalmart Hikes Minimum Wage, Announces Layoffs on Same Day
Walmart will raise entry-level wages for U.S. hourly employees to $11 an hour in February as it benefits from last month’s major overhaul of the U.S. tax code and competes for low-wage workers in a tight labor market. But on the same day, the world’s largest retailer and private employer, …
your ad hereSecond Airbag Inflator Death Prompts Ford to Warn Some Pickup Owners
Ford Motor Co said Thursday that it had confirmed a second death in an older pickup truck caused by a defective airbag inflator of Takata Corp., and it urged 2,900 owners in North America to stop driving their vehicles immediately until they can get replacement parts. The second-largest U.S. automaker said it confirmed in …
your ad hereSamsung Targeted by French Lawsuit Amid Alleged Labor Abuse
Two French rights groups have filed a lawsuit against electronics giant Samsung, accusing it of misleading advertising because of alleged labor abuses at factories in China and South Korea. It’s the latest labor challenge to Seoul-based Samsung, which has faced growing health complaints from workers in recent years, even as …
your ad hereLondon Mayor: ‘No Deal’ Brexit Could Cost Britain about 500,000 Jobs
Britain could lose almost 500,000 jobs and 50 billion pounds ($67.41 billion) investment over the next 12 years if it fails to agree a trade deal with the European Union, according a report commissioned by London Mayor Sadiq Khan. Cambridge Econometrics, an economics consultancy, looked at five different Brexit scenarios, …
your ad hereChina Denies It May Slow Purchases of US Government Bonds
China is denying a published report that it may slow or even stop purchasing U.S. Treasury bonds. Sources told U.S.-based financial news outlet Bloomberg Wednesday that senior government officials recommended the action as the market for U.S. government bonds is becoming less attractive, along with rising trade tensions with the …
your ad hereDisregarding Geography, Britain Hopes to Join Pacific Trade Deal
Britain is making known its hopes to one day join the Trans-Pacific Partnership or TPP, a free trade agreement currently being negotiated by eleven countries bordering the Pacific and the South China Sea. The British government hopes trade with fast-growing economies will make up for losses that may occur after …
your ad hereTrump Administration Bars Oil Drilling Off Florida
Interior Secretary Ryan Zinke has caved in to pressure from the governor and is banning oil and gas drilling off the Florida coast. “I support the governor’s position that Florida is unique and its coasts are heavily reliant on tourism as an economic driver,” Zinke said in a statement late …
your ad herePoverty for Syrian Refugees in Lebanon Could Push Children to Marry and Work
Nearly seven years into Syria’s civil war, Syrian refugees in neighboring Lebanon are becoming poorer, leaving children at risk of child labor and early marriage, aid organizations said on Tuesday. A recent survey by the United Nations children’s agency UNICEF, U.N.’s World Food Program, and refugee agency, UNHCR showed that …
your ad hereSudan Currency Continues Descent on Black Market Amid Unrest
Sudan’s pound currency weakened to 30.5 pounds to the U.S. dollar on Tuesday from about 29.5 pounds a day earlier, traders said, continuing its fall amid protests over bread prices and an acute shortage of hard currency. Street protests broke out across the northeastern African country after bread prices doubled …
your ad hereUsing ‘Digital Lego,’ Communities Redesign India’s Slums
When urban designer Trupti Vaitla asked residents of a Mumbai slum what new features they’d like to see in their dilapidated public space, she was surprised by one popular answer: a patch of grass. The Lotus Garden is the only open area for about 200,000 people who live in cramped …
your ad hereIn Kenya, Struggling Potato Growers Ink a New Deal
Sitting on a rickety bench at his home in Kipipiri, in central Kenya, Samuel Macharia pulls a piece of paper from his pocket and proudly points to the signature at the bottom. “This paper means I get paid on time for my potatoes, even when the weather is bad,” he …
your ad hereVenezuela’s Congress Declares ‘Petro’ Cryptocurrency Illegal
Venezuela’s opposition-run parliament on Tuesday outlawed a “petro” cryptocurrency promoted by socialist President Nicolas Maduro, calling it an effort to illegally mortgage the cash-strapped country’s oil reserves. Maduro on Friday said his government would issue nearly $6 billion of petros as a way to raise hard currency and to evade …
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