Trade is returning to Cameroon’s border communities more than two years since the start of the regional military offensive against Boko Haram militants. But as security improves, local officials warn Boko Haram remains a threat. Hundreds of buyers and sellers assembled at the Ngule market near Achigachia as police and …
your ad hereAmazon’s Stock Tops $1,000 for First Time
Amazon, the e-commerce giant that has changed how much of the world shops for books, toilet paper and TVs, hit a new milestone. Its stock topped $1,000 for the first time. That price puts Amazon’s market value at $478 billion, double that of rival Wal-Mart and more than 15 …
your ad hereThailand Economy Back on Track But in Slow Lane
The Thai economy, under the military’s stewardship for the past three years, is again witnessing steady growth but lags behind regional competitors as uncertainties remain, keeping foreign investors at bay. The World Bank and United Nations (UN) say the Thai economy is in a slow growth lane compared to regional rivals, …
your ad hereZimbabwe Tobacco is Booming, but Farmers Growing it Are Not
Farmer Simon Kahari recently sold tobacco worth more than $6,000 at an auction in Zimbabwe, a small fortune reflecting the golden leaf’s resurgence in this southern African country. Yet because of Zimbabwe’s dire economic problems he ended up sleeping in an auction house toilet that night, hungry and wondering if …
your ad hereChicago Startup Founded by Military Veterans ‘Cultivating Peace’ in Afghanistan
At Café Bar-Ba-Reeba on Chicago’s north side, there is one key ingredient that could make or break Executive Chef Matt Holmes’ menu. “We feature it in our paeallas, which are our signature dish here at Café Bar Ba Reeba, as well as use it in a dessert and some other …
your ad hereBorder Closure Hurts Afghan-Pakistan Produce Trade
Cross-border fighting between Afghanistan and Pakistan has suspended trade worth millions of dollars and stranded hundreds of trucks loaded with fruits and vegetables at the border, where the produce stands to spoil in the rising heat. Pakistan had temporarily closed the Chaman border crossing, across from Afghanistan’s Spinboldak, after a …
your ad hereIndia’s Limits on Selling Cattle Could Hurt Industry, Diets
A new ban imposed by India’s government on the sale of cows and buffaloes for slaughter to protect animals considered holy by many Hindus is drawing widespread protests from state governments and animal-related industries. Many state governments criticized the ban as a blow to beef and leather exports that will …
your ad hereBritish Airways Is ‘Near-Full Operation’ After Computer Failure
British Airways passengers continue to face delays, cancellations, and overcrowding Sunday at Heathrow Airport as the airline reels from a computer failure. The airline said that all long-haul flights will continue Sunday, but to avoid further overcrowding, passengers will only be allowed to enter the airport terminal 90 minutes before …
your ad hereUS Military Veterans Trying to ‘Cultivate Peace’ in Afghanistan, Where They Served
Saffron has long been one of the world’s most expensive spices. The saffron crocus that produces the spice grows mostly in parts of Europe, Iran and India. Now, a U.S. company seeking to “cultivate peace” is attracting attention to this historic spice and trying to develop new markets for saffron …
your ad hereReport: Trump Tells ‘Confidants’ US Will Leave Paris Climate Deal
U.S. President Donald Trump has told “confidants,” including the head of the Environmental Protection Agency, Scott Pruitt, that he plans to leave a landmark international agreement on climate change, the Axios news website reported Saturday, citing three sources with direct knowledge. On Saturday, Trump said in a Twitter post he …
your ad hereUS Economy Grows Slowly, But at Faster Pace Than First Thought
The U.S. economy expanded at a slightly faster pace than first estimated during the first quarter of this year. The Commerce Department’s Friday report shows expansion at a 1.2 percent annual rate in January, February and March. That is nearly twice as fast as the preliminary estimate, but slower than …
your ad hereExperts: Africa ‘Hemorrhaging’ Billions in Illicit Financial Flows
Africa loses an estimated $50 billion a year to illicit financial flows, leaving governments strapped for cash and dependent on development aid. The continent is “hemorrhaging” money because of the failure of countries to enact strong legislation to check money flows, says Rose Acha, Cameroon’s supreme state audit minister and …
your ad hereOPEC, Non-OPEC Nations Poised to Extend Output Cuts
OPEC and other oil nations meeting Thursday appeared set to extend their production cuts in an effort to shore up prices. But the intended impact could be short-lived. That’s due to U.S. shale producers. With crude prices above $50 a barrel from lows of last year, they are increasingly moving …
your ad hereChina Expands Globally Amid Concerns Over its Mercantilist Policies
China recently rolled out a global economic initiative known as One Belt, One Road, named after the ancient Silk Road. Chinese President Xi Jinping says the initiative is aimed at promoting international cooperation, but former U.S. officials and some business executives are concerned that China is not keeping its doors …
your ad hereAfrica Day 2017: Harnessing Demographic Dividend Through Investment in Youth
Africa is now the continent with the largest percentage of people under 35 years-old. Experts say that presents both opportunities and challenges. Harnessing the demographic dividend through investments in youth is the theme of this year’s Africa Day celebrations. VOA’s Mariama Diallo has more. …
your ad hereTreasury Chief Says US Reviewing Iran’s Aircraft Licenses
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that his department is reviewing licenses for Boeing Co and Airbus to sell aircraft to Iran, telling lawmakers he will increase sanctions pressure on Iran, Syria and North Korea. “We will use everything within our power to put additional sanctions on Iran, …
your ad hereTreasury Chief to Congress: Raise Debt Limit Before August
Treasury Secretary Steven Mnuchin told lawmakers on Wednesday that they should vote to increase the government’s borrowing authority — and avert a disastrous economic default — before their August recess. Within hours, the conservative House Freedom Caucus said it would oppose such a vote unless certain conditions are met. The …
your ad hereMoody’s Cuts China Credit Rating One Notch
Moody’s Investors Service downgraded China’s credit rating Wednesday – from Aa3 (Double A-3) to A1 – saying it expects China’s economy to erode in coming years as growth slows and its debt burden continues to rise. The downgrade comes as the government faces new financial challenges after years of credit-fueled …
your ad hereUS Sues Fiat Chrysler Over Emissions Cheating Accusations
The U.S. government has filed a civil lawsuit against automaker Fiat Chrysler, saying the company has used illegal software to fake emission results on its diesel vehicles. The civil complaint filed Tuesday follows initial accusations from the Environmental Protection Agency released in January. The software reportedly hid emissions of nitrogen …
your ad hereProposed Trump Budget: More Military; Less for Social Programs
U.S. President Donald Trump is proposing major changes in the way Washington’s $4.1 trillion budget is spent, with more money for the military, border security, and veterans. The just-published budget for next year also slashes money for programs that benefit the poor. Trump’s top budget official Mick Mulvaney says for …
your ad hereGoogle Aims to Connect Online Ads to Real-World Sales
Google already monitors your online shopping – but now it’s also keeping an eye on what you’re buying in real-world stores as part of its latest effort to sell more digital advertising. The offline tracking scans most credit and debit card transactions to help Google automatically inform merchants when their …
your ad hereHopes Growing China May Ease Informal South Korea Sanctions
South Korea’s recent election of liberal politician Moon Jae-in as the country’s new president has triggered a shift in China’s approach to relations with Seoul. After months of harsh criticism of South Korea’s decision to deploy a U.S.-made missile defense system and the enactment of harsh economic sanctions, Beijing appears …
your ad hereHealth Care Ranks Near Top of CEO Pay Trends, Again
Pay checks have remained healthy for executives in the health care industry. A year after earning the highest compensation of any industry, health care remained close to the top in 2016. The typical CEO in the industry made $12.9 million, just a touch below their counterparts in industrial goods. A …
your ad hereNew Deadline for Greece Set After Another Stalemate
Hopes for a breakthrough in negotiations for cash-strapped Greece were dashed again and another deadline was set. Greece once again failed to get approval from its European creditors to receive the next batch of bailout loans that it needs to meet a debt repayment hump this summer. It also failed …
your ad hereProposed Trump Budget Spares Old-age Programs, Slashes Other Items
President Donald Trump is proposing to balance the federal budget within 10 years by slashing many social programs, including some that help the poor pay for food and medical care, called food stamps and Medicaid. Officials have outlined some new details of the president’s first spending plan. A president’s budget …
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