Economy & Business

FILE - Russian marines take part in a military parade during celebrations marking the forces' annual holiday in the Crimean port of Sevastopol, Nov. 29, 2014.

Obama Orders Trade Ban on Crimea for Russian 'Occupation'

Measure includes sanctions on 24 individuals, companies identified as contributing to unrest in eastern Ukraine More

Video Miami Cubans Divided on New US Policy

While older, more conservative Cuban Americans have promoted anti-Castro political movement for years, younger generations say economically, it is time for change More

President Barack Obama speaks during a news conference at the White House in Washington, Dec. 19, 2014.

Obama Hails Strength of US Economy

In his annual year-end press conference, Obama defended his policies but vowed to do everything to spur continued economic growth More

A Macau government handout picture shows Chinese President Xi Jinping (R) meeting with Macau Chief Executive Fernando Chui at the San Chok Un Guesthouse in Macau, Dec. 19, 2014.

Xi Arrives in Macau as Anti-Corruption Campaign Hits Casinos

Chinese president’s two-day visit to mark 15th anniversary of region's return to Chinese sovereignty, swearing-in of principal officials of government More

A man shows tourists prints for sale in Old Havana, Cuba, Dec.18, 2014.

Cubans Imagine New, More Prosperous Life Without an Old Foe

News of the historic shift in US-Cuban relations echoed quickly through the Spanish colonial plazas of Old Havana this week More


More Economy & Business News

Brazil's Rousseff Pledges to Tighten Operations at Petrobras

She urges Brazilians not to lose faith in oil producer, which is mired in a corruption scandal
More

Obama Signs Into Law Bill Authorizing More Russia Sanctions

President says administration doesn't intend to impose sanctions now, but Act provides 'additional authorities that could be utilized, if circumstances warranted'
More

US-Cuba Trade Could Grow Significantly

Analysts say US exports to Cuba could eventually hit $5.9 billion annually, while Havana's exports to the US could reach $6.7 billion
More

Chinese Shopping 'Agents' Cash in on Russian Currency Slide

Workers, overseas students in Russia have been snapping up goods at low prices caused by steep fall in ruble rates before brands can adjust them
More

Financial Markets Wary as Turkish Currency Hits Record Lows

Turkish lira hits record lows following police raids on media groups and arrests of journalists, country's ensuing diplomatic row with European Union
More

EU Levels Tougher Sanctions on Crimea

Tighter restrictions will target Russian Black Sea oil and gas exploration, tourism
More

Tanking Ruble Hits Russian Tourists, Thai Hotels

The beach resort town of Pattaya has seen a 70 percent drop in hotel reservations from Russia for the upcoming high season
More

Video Putin: Russian Economy to Rebound in 2 Years

In end of year speech, Russian president says economy will improve, blames Western sanctions for some of ruble's decline, but offers no new remedies to financial crisis
More
More Articles

Business Video

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US Decision on Cuba Underscores Divisions Among Miami Cubansi
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Sharon Behn
December 19, 2014 9:34 PM
For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video US Decision on Cuba Underscores Divisions Among Miami Cubans

For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video Putin Says Russian Economy Will Emerge Stronger

Russian President Vladimir Putin has said his country's sinking economy will not only recover but also become stronger, despite falling oil prices and Western sanctions over Ukraine. VOA's Daniel Schearf reports.
Video

Video Putin: Russian Economy to Rebound in 2 Years

Russian President Vladimir Putin held his annual end-of-the-year news conference Thursday, tackling questions on the Russian economy, the crisis in Ukraine and Russian relations with the west. VOA's Jeff Custer reports.
Video

Video US Fed: Interest Rates Could Rise by Middle of 2015

The Federal Reserve has delivered its clearest signal yet that key U.S. interest rates will rise next year. Although the Federal Reserve says economic conditions remain consistent with its earlier assessments that interest rates will remain low for a considerable time -- it also opened the door to the possibility of an earlier rate increase if needed. Mil Arcega has more.
Video

Video Gold Miners Join Class Action Suit in South Africa Over Lung Disease

Five of South Africa's largest gold mining companies recently announced they will create a working group to deal with the issue of occupational lung disease. This move comes as the sector faces what could be South Africa's biggest-ever class action lawsuit. More than 25,000 miners are seeking compensation from gold mining companies, saying they failed to protect them from Silicosis, a debilitating and incurable lung disease. Emilie IOB reports from South Africa and neighboring Lesotho.

World Currencies

EUR
USD
0.8143
JPY
USD
119.23
GBP
USD
0.6390
CAD
USD
1.1596
INR
USD
63.304

Rates may not be current.