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Economy & Business

U.S. Federal Reserve Chairman Ben Bernanke is seen prior to the International Monetary and Financial Committee at the annual meetings of the IMF and the World Bank Group in Tokyo, October 13, 2012.

Bernanke Defends US Fed's Policy

Head of US Federal Reserve says central bank's monetary measures also helped emerging economies More

People's Bank of China Deputy Governor Yi Gang is seen at the IMF/World Bank Group meeting in Tokyo October 14, 2012.

China Central Bank Says Priority is Keeping Prices Stable

Rare insight is offered at IMF/World Bank meeting as country’s economy slows for past six consecutive quarters More

An employee stands next to a container ship at Ningbo port in Ningbo, Zhejiang province, June 21, 2012.

China's Exports Rise Nearly 10 Percent

Chinese government says trade surplus in world’s second largest economy was $27.7 billion in September More

S. President Barack Obama tapes the weekly address, October 12, 2012.

Obama, Republicans Focus on Economy in Weekly Addresses

US president says car sales higher now because his administration 'refused' to let Detroit-based auto industry 'go bankrupt' More

IMF Managing Director Christine Lagarde (R) and IMFC Chairman Tharman Shanmugaratnam hold a joint news conference at the annual meetings of the IMF and the World Bank Group in Tokyo, October 13, 2012.

IMF Urges Decisive Action on Debt by US, Europe

Leaders of International Monetary Fund issue communique acknowledging economic growth is decelerating, amid risk and uncertainty More

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International Monetary Fund Managing Director Christine Lagarde speaks at the Development Committee at the IMF and World Bank Annual Meetings in Tokyo, Japan, October 13, 2012.

Africa Sees Opportunity in Enduring Global Financial Crisis

African finance ministers say downturn in North America, Europe has created investment, borrowing opportunities for African nations

Georgia Looks Toward End of Russia's Wine Embargo

Archeologists say they have found earliest evidence of grape cultivation, winemaking in world in eastern hills of Georgia, and have adjusted without Russian market

Growing Number of Chinese Students Study in US

Number of Chinese Students in US Dramatically Expands

Number of undergraduate students from China in US has doubled in last two years, according to some stats, and economists say the trend is largely due to China's growing middle class

US Consumer Confidence Rises

Report says measure of 'consumer sentiment' rose to highest level since before recession began

International Monetary Fund (IMF) Asia Pacific Director Anoop Singh, October 2009. (File)

IMF Sees Continued Growth for China, Sub-Saharan Africa

Financial institution predicts China's growth will return to above eight percent next year

International Monetary Fund (IMF) Managing Director Christine Lagarde shakes hands with Japanese Finance Minister Koriki Jojima before posing for a group photograph in Tokyo, October 12, 2012 .

More Disagreements Emerge Over European Debt

At joint IMF/World Bank meetings, IMF head issues fresh warning about consequences of lack of global economic growth

Members of "Stop Desahucios" [Stop evictions], 15M and "Afectados X la Hipoteca" [Mortgage Victims Platform] block the door of the building of Maria Jose Lopez and her husband Savador

Homeless Families in Spain Squatting After Eviction

About 30 families in Seville are going on six months of illegal occupation as a way to survive with help of members from 15M activist group

Plaintiffs Alali Efanga, Friday Alfrad Akpan, Chief Fidelis A. Oguru, Eric Dooh, and lawyer Chima Williams wait for the start of a court case against Shell, in The Hague, October 11, 2012.

Shell in Court Over Nigeria Pollution Charges

Case brought in civil court in The Hague by four Nigerian farmers, environmental campaigners Friends of the Earth

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Number of Chinese Students in US Dramatically Expands

The number of students from China studying at universities across the United States has increased dramatically. According to some statistics, the number of undergraduate students from China in the U.S. has doubled in the last two years. Economists say the trend is due, in large part, to a growing middle class in China. VOA's Elizabeth Lee reports from Los Angeles county, with one of the largest Chinese student populations in the U.S. - totaling more than 4000 students.