Argentina’s President Mauricio Macri has announced new austerity measures in an effort to stop the country’s economic turmoil. The measures, which include raising export taxes on grains and cutting the number of government ministries, were prompted by a 16 percent slide in the value of the peso last week. “To …

China faces bigger economic challenges than its trade war with the U.S. Even before tit-for-tat tariffs, growth in the world’s No. 2 economy was already forecast to cool from 6.8 percent last year to a still-robust 6.5 percent this year. Communist leaders who are trying to engineer slower, more self-sustaining …

Turkey’s central bank said it would adjust its monetary stance given “significant risks” to price stability, a rare move to calm financial markets after inflation surged to its highest in nearly a decade and a half on Monday. The comments from the central bank underscore the volatile outlook for prices …

When President Donald Trump pulled the plug on an upcoming trip to North Korea by his secretary of state, he pointed a finger of blame at China and the global superpower’s trade practices. In his recent trade breakthrough with Mexico, Trump praised the country’s outgoing president for his help on …

Tanned and wearing a swimsuit, So Myong Il walks to the barbecue pit and throws on some clams.   He obviously loves the beach he’s on as well as the rugged, emerald Chilbo mountains that rise abruptly behind it. He loves them enough to forget, for a moment at least, …

The International Organization for Migration reports more than 270 Nigerian migrants who recently returned from Libya have completed a skills training course to help them start their own businesses. Migrants attending this weeklong event in the Nigerian capital Lagos have shared stories of the business frustrations that drove them to …

Investment banks which lost out on big payouts for the work on the shelved listing of oil giant Aramco are lining up for a raft of other projects as Saudi Arabia pursues reforms. Banks including JPMorgan and Morgan Stanley worked for months to prepare what would have been the biggest …

The film industry organization that presents the Academy Awards is also developing young talent through a program called Academy Gold — an internship and mentoring program for students and young professionals from communities currently underrepresented in Hollywood. Some of the participants are either immigrants or children of immigrants who are …

Owning your home is the most popular definition of the American Dream. But in today’s economy, more Americans are opting out of buying or renting. Some are choosing to live in housing cooperatives, or “co-living” arrangements, where tenants rent bedrooms and sometimes a bathroom, but share kitchens and other rooms. …

A new U.S. study finds that when temperatures around the world start creeping up, insects that eat crops will not only become hungrier, their numbers will grow. Scientists say this will mean more insect damage to wheat, corn and rice crops, and therefore less food on the dinner table. VOA’s …

Community and conservation groups in Myanmar have branded a planned highway linking a port project to Thailand an “ecological and social disaster,” saying it would uproot indigenous people from their homes and farms. Critics said an environmental and social impact assessment for the road project, approved by the Myanmar government …

U.S. President Donald Trump notified Congress on Friday of his intent to sign a trade agreement with Mexico after talks with Canada broke up earlier in the day with no immediate deal to revamp the tri-nation North American Free Trade Agreement. U.S. Trade Representative Robert Lighthizer said U.S. officials would resume talks with their Canadian …

Coca-Cola is hoping for a caffeine-fueled boost with the acquisition of British coffee chain Costa. Costa is Britain’s biggest coffee company, with over 2,400 coffee shops in the U.K. and another 1,400 in more than 30 countries, including around 460 in China, its second-biggest market. Coca-Cola said Friday it will …

Ports and ground terminals in nearly every state handle goods that are now or will likely soon be covered by import tariffs. Port executives worry that this could mean a slowdown in shipping that would have ripple effects on truckers and others whose jobs depend on trade. The Associated Press …

Top NAFTA negotiators from Canada and the United States increased the pace of their negotiations Thursday to resolve final differences to meet a Friday deadline, with their Mexican counterpart on standby to rejoin the talks soon. Despite some contentious issues still on the table, the increasingly positive tone contrasted with …

Hmong farmers in St. Paul, Minnesota have the best advocate for their business enterprises: themselves, working together. Originally from China, the Hmong are an Asian ethnic group that migrated to Vietnam and Laos in the 18th century. They have never had a country of their own. After the Vietnam War …

Nearly all of the currency removed from circulation in a surprise 2016 attempt to root out illegal hoards of cash came back into the financial system, India’s reserve bank has announced, indicating the move did little to slow the underground economy. Prime Minister Narendra Modi’s currency decree, which was designed …

U.S. President Donald Trump has signed proclamations permitting targeted relief from steel and aluminum quotas from some countries, the U.S. Commerce Department said on Wednesday. Trump, who put in place tariffs on steel and aluminum imports in March, signed proclamations allowing relief from the quotas on steel from South Korea, …

The leaders of the United States and Canada expressed optimism on Wednesday that they could reach new NAFTA deal by a Friday deadline as negotiators prepared to talk through the night, although Canada warned that a number of tricky issues remained. Under pressure, Canada rejoined the talks to modernize the …

The U.S. economy expanded at a 4.2 percent annual rate in April, May and June, the Commerce Department said Wednesday. The second-quarter growth figure for gross domestic product was one-tenth of a percentage point higher than initial estimates. “The economy is in good shape,” said PNC Bank Chief Economist Gus …

British officials have been turning to Japan for tips on how to dodge American sanctions on Iran, according to local media. Britain is already seeking from Washington exemptions from some U.S. sanctions, which are being re-imposed by President Donald Trump because of the U.S. withdrawal earlier this year from a …

Negotiators from Canada and the United States are holding detailed trade negotiations in Washington as they seek to work out a replacement for the North American Free Trade Agreement. The talks come after the United States and Mexico agreed to a bilateral trade deal this week while leaving the door …

Canadian Prime Minister Justin Trudeau says his country will negotiate new trade terms with the United States, but will only accept a deal that serves Canada’s interests. Speaking after the United States reached a tentative deal with Mexico to replace the North American Free Trade Agreement (NAFTA), Trudeau said negotiators …

Faced with plunging U.S. orders, surgical glove maker Ren Jiding is hunting for new markets amid Chinese government calls to reduce reliance on the United States. But no other market can absorb the 60 percent of his sales that went to American customers last year. “Other countries import much less than …

More than a week after the floodwater began subsiding, animal carcasses are  still floating in Kerala’s backwaters, and in places a nauseating stench rises like a wall when the wake from a passing boat breaks the surface. These inland lagoons running parallel to the coast are one of the biggest …