Economy & Business

 South Sudan President Salva Kiir (L) meets his Kenyan counterpart Uhuru Kenyatta, who is on his first visit to the region as head of state, in Juba, South Sudan, May 23, 2013.

South Sudan's President Says 'Never' to ICC

Salva Kiir speaks during visit from new Kenyan president, ICC indictee Uhuru Kenyatta, who pledges creation of roads, rail, pipelines More

Pipelines criss-cross at the Paloch oil field in South Sudan on Sunday, May 5, 2013.

New Standards Approved for Extractive Industries

Oil, gas and mining firms to disclose much more information about deals More

FILE - European Trade Commissioner Karel De Gucht , March 25, 2013.

EU Trade Chief to Seek Investment Pact with China

Karel De Gucht says he would ask EU's 27 countries to agree on a negotiating mandate for a deal with ChinaMore

Rio Tinto’s “Benga” coal mining operation in Tete province in central Mozambique. Arid, coal-rich Tete has been at the epicenter of a coal mining boom that has attracted billions of dollars in foreign investment. Without adequate safeguards, this surge al

HRW: Mozambique Families Displaced by Foreign Mining

Report highlights plight of more than 1,400 families who were moved to make way for foreign coal mining operations in the province of Tete More

A view of Badong city on the banks of the Yangtze River, in Hubei province, China, August 7, 2012.

OECD: Developing Green Cities Key to Sustainable Future

OECD suggests strategies to mitigate rapid growth, industrialization in urban centers, which produce about two-thirds of greenhouse gas emissions More


More Economy & Business News

WTO to East Africa: Improve Your Infrastructure

WTO chief's statement comes as trade partners meet in Geneva to negotiate a new World Trade Organization agreement
More

US Urges Action from Europe to Avert Prolonged Stagnation

Under Secretary of Treasury says Europe should rethink broad push toward fiscal austerity
More

IMF's Lagarde Appears in Court for French Arbitration Case

Magistrate questions IMF chief for her role in 285-million-euro arbitration payment made to supporter of former president Nicolas Sarkozy
More

Asian, European Stocks Plunge on Weak Chinese Factory Data

Nikkei's 7.3 percent drop was biggest one-day loss since Japan's March 2011 tsunami and nuclear disaster
More

European Leaders Take Steps in Cracking Down on Tax Fraud

Measures include automatic exchange of bank information to catch cheats
More

'Cash Mob' Phenomenon Supports Local Business

Trend, organized through social media, is based on concept of 'flash mob,' but instead people show up to spend money
More

US Oil Surge Could Impact Mideast Geopolitics

New report says America will become energy self-sufficient in 20 years
More

Bird Flu Costs in China Set at $6.5 Billion

Meanwhile, consumers shun chicken, health officials make gains in controlling deadly virus
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Business Video

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Video 'Cash Mob' Phenomenon Supports Local Business

The U.S. economy posted a solid growth in the first quarter, in part due to the biggest consumer spending surge since the end of 2010. VOA's Carla Babb tells us about a trend sweeping the country is helping to push more of that spending toward local businesses.

World Currencies

EUR
USD
0.7661
JPY
USD
99.249
GBP
USD
0.6510
CAD
USD
1.0118
INR
USD
54.524

Rates may not be current.