Investors Remain Wary in Wake of Saudi Crackdown

A week after an unprecedented crackdown on some of Saudi Arabia’s wealthiest princes and businessmen, foreign governments and investors are still trying to answer basic questions about a round-up Saudi authorities describe as an anti-corruption drive spearheaded by the Gulf kingdom’s crown prince.   Is 32-year-old Mohammad bin Salman set …

your ad here

EU Approves Sanctions, Arms Embargo Against Venezuela

The European Union has approved economic sanctions, including an arms embargo on Venezuela. EU foreign ministers meeting in Brussels announced the measures on Monday in response to regional elections last month, which they say worsened the country’s crisis. The weapons ban is intended to prevent the government of President Nicolas …

your ad here

US Again Raising Beef for Chinese Consumers

Ranchers in the Midwestern U.S. state of Nebraska are raising beef for tables in China, reopening trade suspended more than a decade ago during concerns over mad cow disease. From Nebraska, VOA reporter Abby Sun tells us how U.S. beef producers are changing to meet Chinese food-safety requirements. …

your ad here

Murdoch Reportedly Twice Discussed CNN With AT&T CEO

Rupert Murdoch telephoned AT&T Inc. Chief Executive Randall Stephenson twice in the last six months and talked about cable network CNN, sources briefed on the matter told Reuters on Friday. One source said the 86-year-old executive chairman of Twenty-First Century Fox Inc. offered to buy CNN in both conversations. Another …

your ad here

Falling Cocoa Prices Hit African Farmers

The large drop in global cocoa prices has hurt African farmers, leading some to abandon their plantations. In Cameroon, however, cocoa producers are mapping out ways to encourage more local processing. At Nkog-Ekogo in the center region of Cameroon, a cocoa post-harvest processing and treatment center is inaugurated. Farmer Petronella …

your ad here