The U.S. economy is always a major factor in the presidential campaign because the president plays a key role in setting and shaping trade and economic policies. VOA’s Senior Washington Correspondent Carolyn Presutti reports on how the economy is doing and the difference between how the two presidential contenders would …
your ad hereChinese-linked e-commerce companies shake up market
The Chinese-operated online markets Temu and Shein are shaking up e-commerce with their extremely low prices. But the firms are facing concerns from consumers and Congress. Evie Steele has the story from Washington. …
your ad hereChinese linked e-commerce companies shake up US market
China slaps anti-dumping levy on import of a US chemical amid rising trade tensions
Biden seeks higher tariffs on Chinese steel as he courts union voters
SCRANTON, Pa. — President Joe Biden is calling for a tripling of tariffs on steel from China to protect American producers from a flood of cheap imports, an announcement he planned to roll out Wednesday in an address to steelworkers in the battleground state of Pennsylvania. The move reflects the intersection …
your ad hereZimbabwe’s new gold-backed currency sliding on black market
Harare, Zimbabwe — Zimbabwe’s recently introduced gold-backed currency is sliding on the local black market but officials insist the currency is getting stronger and has a bright future. Columbus Mavhunga reports from Harare. Even songs are played on the radio encouraging citizens to embrace the currency, called Zimbabwe Gold — or …
your ad hereAngolan fishermen blame Chinese trawlers for declining fish stock
In the port of Benguela on Angola’s Pacific coast, fishermen and fish traders are struggling to make ends meet. They say their catch is getting smaller and they blame illegal fishing by Chinese trawlers. For Joao Marcos, Barbara Santos has this report. (Mayra de Lassalette contributed) …
your ad hereActivists urge Nigeria to refuse Shell’s oil selloff plans
London — Environmental and human rights activists are calling on the Nigerian government to withhold approval of plans by the London-based oil giant Shell to sell off its operations in the Niger Delta, unless the oil giant does more to tackle pollution in the region caused by the industry. For decades, …
your ad hereChina’s credit rating outlook downgraded
Content creation holds appeal for laid-off workers seeking flexibility
Cambodians face mounting pain from microfinance debt
KEAN SVAY, KANDAL PROVINCE, Cambodia — Five years ago, Lun Sam Ath took out a $12,000 loan to build a new wooden house and repay a previous loan that she had used to buy a motorbike. The 45-year-old mother of five owed $200 a month to Amret, one of the country’s …
your ad hereUnexpected strawberry crop spins Burkina’s ‘red gold’
Ouagadougou, Burkina Faso — In the suburbs of Burkina Faso’s capital Ouagadougou, lucrative strawberry farming is supplanting traditional crops like cabbage and lettuce and has become a top export to neighboring countries. Prized as “red gold” in the Sahel, strawberry crops brought in some $3.3 million from 2019 to 2020, according …
your ad hereUS, China discuss economic issues on Yellen’s China tour
TAIPEI, TAIWAN — The United States and China have agreed to hold talks and create two economic groups focused on a wide range of issues — including addressing American complaints about China’s economic model, growth in domestic and global economies and efforts against money laundering — according to a statement released …
your ad hereUS accuses Kenyan officials of corruption in contract awards
Nairobi, Kenya — American firms are losing out on business and contracts in Kenya because top government officials demand bribes, the U.S. trade office said in a report released last week, warning that corruption will hurt foreign investment. According to the Office of the U.S. Trade Representative, American businesses are finding …
your ad hereUS employers added 303,000 jobs in March in sign of economic strength
WASHINGTON — America’s employers delivered another outpouring of jobs in March, adding a sizzling 303,000 workers to their payrolls and bolstering hopes that the economy can vanquish inflation without succumbing to a recession in the face of high interest rates. Last month’s job growth was up from a revised 270,000 in …
your ad hereBotswana leads calls on G7 countries to review diamond tracking initiative
GABORONE, BOTSWANA — Africa’s leading diamond producer, Botswana, has written to the Group of Seven leading industrial countries seeking to reverse an initiative requiring all producers to send gems to Belgium for certification. This follows G7 move to prevent the import of diamonds mined in Russia. Botswana President Mokgweetsi Masisi told …
your ad hereTrading of indebted developer Country Garden suspended in Hong Kong
This is America’s best-selling vehicle for 42 years running
In Dearborn, Michigan, a new Ford F-150 rolls off the line every 53 seconds …
your ad hereNew $20 Minimum Wage for California Fast Food Workers Starts Monday
LIVERMORE, Calif. — Most fast food workers in California will be paid at least $20 an hour beginning Monday when a new law is scheduled to kick in giving more financial security to an historically low-paying profession while threatening to raise prices in a state already known for its high cost …
your ad hereIMF Confirms Increasing Egypt’s Bailout Loan To $8 Billion
CAIRO — The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from $3 billion to $8 billion, in a move that is meant to shore up the Arab country’s economy, which is hit by a staggering shortage of foreign currency and soaring …
your ad hereWest African Project Helps Women Farmers Claim Their Rights, Land
ZIGUINCHOR, Senegal — Mariama Sonko’s voice resounded through the circle of 40 women farmers sitting in the shade of a cashew tree. They scribbled notes, brows furrowed in concentration as her lecture was punctuated by the thud of falling fruit. This quiet village in Senegal is the headquarters of a 115,000-strong …
your ad hereChina to Drive World Economic Recovery, Says a Top Communist Official
China Lifts Heavy Tariffs on Australian Wine as Ties Improve
Boeing CEO to Step Down This Year, Board Chairman to Exit, Head of Commercial Airplanes Retires
Iran’s Currency Hits Record Low
Tehran — Iran’s currency fell to a record low on Sunday, plunging to 613,500 to the dollar, as its people celebrated the Persian New Year. On Sunday, people were trying to exchange rials for foreign currency at Tehran’s main hub of exchange shops in Ferdowsi Street, but most were closed due …
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