Economy & Business

A Malaysia Airlines crew heads for the departure lounge at Kuala Lumpur International Airport. Malaysian civil aviation authorities officially declared the airline's Flight MH370 crash an accident on Jan. 29, 2015.

Aviation Leaders to Seek Mandate on Safety Standards

Standards for global plane tracking, cooperation on risks of flying over conflict zones will dominate a meeting set for Feb. 2-5 in Montreal More

FILE - Saudi Arabian Oil Minister Ali al-Naimi talks to journalists before a meeting of OPEC oil ministers at OPEC's headquarters in Vienna, Nov. 27, 2014.

Crisis Veteran Naimi Stays to Hold Line on Saudi Oil Policy

New king's decision to retain Ali al-Naimi as oil minister signals to energy markets that world's top crude exporter isn't flinching from policy of refusing to cut output More

Greek Finance Minister Yanis Varoufakis answers a reporter's question during a joint news conference with Eurogroup President Jeroen Dijsselbloem, following their meeting at the Finance Ministry in Athens, Jan. 30, 2015.

Greece Says It Won't Deal With Creditors

Finance minister says 'our common interest in Europe is served best by a new agreement that will emerge' from talks with eurozone leaders More

Senator Orrin Hatch on Capitol Hill in Washington, Jan. 29, 2014.

Senator Urges Washington to Drive Hard Bargain on Trade

Orrin Hatch says Obama administration must do more to fight currency manipulation by trading partners More

FILE - A North Korean couple use their smartphone to photograph fireworks in Pyongyang, July 27, 2014.

N. Korea's Imports of Mobile Phones Soar, Trade Group Says

Pyongyang reportedly imported $83M worth of mobile phones from China in 2014, almost double figure for 2013 More


More Economy & Business News

US Economic Growth Slows

Analysts say slowdown is probably temporary, due to cheaper gasoline; as consumers spend less money on fuel, they have more to spend in other areas, boosting growth
More

India Sells Stake in State-Owned Coal Firm

Country offered investors a 10 percent stake in Coal India as part of drive to raise billions of dollars
More

Despite Glass Failings, Google Defends License to Spend

Tech giant acknowledges major problems with its Google Glass wearable computer, notes it is time for a 'pause' and a strategy 'reset'
More

Faltering Zambia Economy Could Derail Lungu’s Crusade

Stretched public finances, copper business in turmoil are main headaches that face newly-elected president
More

EU's Katainen Urges Greece to Stick to Reforms

Katainen also signaled Athens could be offered more time to reach certain goals
More

China's New Tech Rules Play to Local Firms' Strengths

Western companies say the rules have not yet been formally adopted and think Beijing may retreat on some of the most onerous ideas
More

Jobless Egyptians Incur Great Risk, Seek Work in Libya

Prospects are grim at home, yet 27 Egyptian workers have been kidnapped in Libya in recent months
More

Video US Senate Approves Keystone Pipeline Project

Obama has threatened to veto project, which pits business vs. environmentalists at a time of very low gas prices in US
More
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US Senate Approves Keystone Pipeline Projecti
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Michael Bowman
January 29, 2015 10:44 PM
Despite a global oil glut, the U.S. Senate has voted 62-36 to approve construction of a controversial pipeline to transport Canadian crude to U.S. Gulf states. President Barack Obama has threatened to veto the project, which pits powerful business interests against environmentalists at a time when American motorists are celebrating a steep drop in gasoline prices. VOA’s Michael Bowman reports.
Video

Video US Senate Approves Keystone Pipeline Project

Despite a global oil glut, the U.S. Senate has voted 62-36 to approve construction of a controversial pipeline to transport Canadian crude to U.S. Gulf states. President Barack Obama has threatened to veto the project, which pits powerful business interests against environmentalists at a time when American motorists are celebrating a steep drop in gasoline prices. VOA’s Michael Bowman reports.
Video

Video Falling Gasoline Prices Have Downsides

Falling fuel prices delight most consumers and provide a boost for most economies. But researchers in a couple of nations tell VOA's Jim Randle, there are some surprising - and sometimes deadly - downsides to cheaper gasoline.
Video

Video US Warns of More Sanctions Against Russia; Ukraine Waiting for ‘Lethal’ Aid

The United States is echoing concerns from Western allies about Russia’s continued interference in eastern Ukraine. U.S. military officials say Moscow’s support for separatists is “troubling,” as is the presence of what they call “a strong Russian force postured along the Ukrainian-Russian border.” VOA’s Jeff Seldin reports from the Pentagon.
Video

Video Oil Price Drop Troubles Texas Producers

As oil prices have fallen over the past several months, drilling operations have slowed in some parts of the United States - including Texas, the state that surpasses all others in energy production. The Lone Star State’s energy output has been boosted in recent years by development of resources trapped deep below ground in the Eagle Ford shale deposit, which stretches across south central Texas. As VOA’s Greg Flakus reports from Karnes City, Texas, the drop in oil prices has created concerns,
Video

Video 'Eyes on the Sea' Curtail Illegal Fishing

Illegal fishing accounts for 20 percent of the global market -- one out of every five fish caught. That’s worth $23.5 billion a year. "Fishing Piracy" on the high seas -- as some call it -- hastens fishery decline, threatens food security, depletes economic resources and harms the environment. As VOA’s Rosanne Skirble reports, a new high-tech tool to patrol the world's oceans and bring criminals to justice was introduced at a video news conference.

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