blank

Voice of America ®

A Trusted Source of News & Information since 1942

Inside VOA | Contact VOA News

  • February 16, 2011
  • Latest News:

Economy RSS Feeds RSS Feed

Scene near one of Egypt's top tourist attractions

No Recovery in Sight for Egypt's Tourism

Those taking most direct hit are impoverished people - guides, hotel employees and others in service industries

A farmer reaps the wheat crop at a step field in Pakistan, where wheat prices have jumped 16 percent since June 2010.

Skyrocketing Food Prices Push Millions into Extreme Poverty

World Bank reports wheat and maize costs have spiked 75 percent since last June

Executives with Medley Capital Corporation attend the opening bell at the New York Stock Exchange,  February 15, 2011

German and NY Stock Exchanges Plan Merger

Union would form world's largest market for trading stock and other securities

Egypt's Foreign Minister Ahmed Abul Gheit (file photo – December 15, 2010)

Egypt Seeks International Aid for Economy

Foreign Minister calls on international community to provide financial assistance to help country's economy recover after protests

Chinese currency

Brazil Says US, China Both Cause Currency Problems

Currency debate comes as finance ministers and central bank governors head for talks on tough economic issues this week

A Chinese couple takes a rest next to a new year decoration on displayed along a shopping district in Beijing, Feb 15, 2011

Inflation Remains High in China

Latest figures not as steep as expected, but efforts to cool the economy show few results

M-Pesa can now be used to directly and easily pay school fees, February 2011

Development Experts Ring Up Kenya's Mobile Money Success Story

M-Pesa mobile money system in Kenya attracts development experts, aid organizations, businesses

Volt owner Jeff Parmet disconnects the power cord from his new electric car.

Americans Rev Up for Cleaner, More Efficient Cars

Obama calls on US automakers to produce more electric-powered alternatives

A woman sells food next to an open sewer in the Adjame neighborhood of Abidjan, Ivory Coast, January 28, 2011

Economic Sanctions Hurting Ivory Coast Economy

US, EU and West Africa's economic alliance have all imposed sanctions against the government of incumbent President Laurent Gbagbo

Workers rest near a loaded cargo ship at the Tianjin port in China. A Chinese state news agency said the country's trade surplus in January narrowed sharply to $6.5 billion, February 14, 2011

Japan 4th Quarter GDP Confirms China as 2nd Biggest Economy

Japanese officials say economy shrank in final three months of 2010

A man carries bread bought from a bakery in Cairo on February 6, 2011.

High Food Prices Helped Spark Egypt Protests

Food production has not kept pace with population growth

Workers rest near a loaded cargo ship at the Tianjin port in China. A Chinese state news agency said the country's trade surplus in January narrowed sharply to $6.5 billion, February 14, 2011

China’s Trade Deficit Contracts Sharply

Surge in Chinese exports in January was outweighed by a dramatic increase in imports

US President Barack Obama delivers his weekly address, February 12, 2011

Obama Plans Five-Year Domestic Spending Freeze

President says his budget will trim $400 billion from deficit over next decade, while Republicans call for deeper cuts

 Egypt's President Hosni Mubarak speaking on television (file photo)

Mubarak's Departure Encourages Investors

Stocks in Europe and US jump higher, shortly after announcement