The large drop in global cocoa prices has hurt African farmers, leading some to abandon their plantations. In Cameroon, however, cocoa producers are mapping out ways to encourage more local processing. At Nkog-Ekogo in the center region of Cameroon, a …
President Donald Trump’s two-day stop in China saw the signing of $250 billion in deals between the world’s two biggest economies and the two countries aligning themselves closer in resolute opposition to North Korea’s nuclear ambitions. But analysts say little …
Donald Trump warned that the stock market was a “big, fat, ugly bubble” just weeks before he was elected. A year later, Wall Street remains on a milestone-shattering run that the president has been eager to tout and tweet about. …
Former New York mayor and billionaire Michael Bloomberg is donating $50 million to help nations around the world shift from coal to combat pollution and climate change, expanding his funding outside the United States. The project would start in Europe …
Treasury Secretary Steven Mnuchin said Wednesday that Janet Yellen has not said yet whether she plans to remain on the Federal Reserve board when her term as chair ends in February, but the administration is moving ahead with filling other …
Commerce Secretary Wilbur Ross plans to completely divest from a shipping company that counts a Russian gas producer with ties to the Kremlin among its major customers. A commerce department spokesman says Ross plans to sell all his shares …
The European Commission said Wednesday it wants to cut emissions of carbon dioxide from cars by 30 percent by 2030 and boost the use of electric vehicles by making them cheaper and easier to charge. The proposal stops short …
Emerging nations pressed developed countries Wednesday to step up cuts in greenhouse gas emissions by 2020 to kick-start the Paris climate agreement, saying the rich were wrongly focused on 2030 goals. “We came here needing to hit the accelerator, not …
Wine producers in Argentina, renowned for its plush Malbecs, are furious over a tax proposal they say would crush exports and domestic sales as vineyards struggle after two of their lowest vintages in recent history. The bill, unveiled last week …
Players line up beside a small kiosk in a poor neighborhood to choose animals in a lottery game that has become a craze in Venezuela even as the oil-rich country suffers a fourth year of brutal recession. It seems more …
The U.S. Senate Banking Committee unanimously backed new sanctions targeting Chinese banks that do business with North Korea on Tuesday, just before President Donald Trump visits Beijing for the first time since taking office. As well as strengthening existing sanctions …
Inflation in Venezuela’s crisis-hit economy was 826 percent in the 10 months to October and may end 2017 above 1,400 percent, the opposition-controlled National Assembly said Friday. The government stopped releasing price data more than a year ago but congress …
Unless emissions can be drastically and quickly curbed, efforts by small island nations to adapt to climate change may be in vain, a leader of a group of small island nations said Tuesday. Hurricanes that hit the Caribbean this year …
The United States and other countries hoping to host the 2026 World Cup should provide government guarantees on visa-free travel plus work permit and tax exemptions for their bids to be accepted, according to documents published by FIFA on Tuesday. …
Indian cuisine is often identified with spicy curries and a range of kebabs, but the government wants to propel a staple dish made with rice and lentils across the global stage. The dish recently came under the spotlight as a …
Indian cuisine is often identified with spicy curries and a range of kebabs, but the government wants to propel a staple dish made with rice and lentils across the global stage. The dish recently came under the spotlight as a …
A U.S. decision to cut funding for a demining program in Cambodia threatens to further worsen a feud between Phnom Penh and Washington. On Tuesday, it emerged through local media reports the U.S. had decided to discontinue annual funding in …
The restive Spanish region of Catalonia faces a potential $500 million financial hit in the fourth quarter as business-related travel dips following the attack in Barcelona and the uncertainty generated by the disputed independence referendum. In an interview Monday …
Two weeks ago the glitzy Ritz Carlton hotel in Riyadh was the site of an international conference promoting Saudi Arabia as an investment destination, with over 3,000 officials and business leaders attending. Now the hotel is temporarily serving as a …
A revamping of the Federal Reserve’s leadership is widening with the announcement Monday that William Dudley, president of the New York Fed and the No. 2 official on the Fed’s key interest rate panel, will retire next year. Just …
While President Donald Trump continues an Asia trip with high geo-strategic stakes, Republicans in Washington are promoting an ambitious tax reform bill that could bring enormous fiscal, and political, consequences. VOA’s Michael Bowman reports, a tax cut is Trump’s last …
The Republican tax bill unveiled last week in the U.S. Congress could disrupt the global supply chains of large, multinational companies by slapping a 20-percent tax on cross-border transactions they routinely make between related business units. European multinationals, some of …
Wireless carriers Sprint and T-Mobile called off a potential merger, saying the companies couldn’t come to an agreement that would benefit customers and shareholders. The two companies have been dancing around a possible merger for years, and were again in …
U.S. President Donald Trump urged Saudi Arabia Saturday to list its state-owned oil company on the New York Stock Exchange when the company goes public in what is expected to be the largest-ever initial public offering in which shares of …