Former U.S. Federal Reserve Chairman, Alan Greenspan, has predicted further negative impacts for Americans from the U.S. and global financial crisis, which he called a credit tsunami. VOA's Dan Robinson reports, Greenspan and two other current and f
Asian and European leaders are arriving in Beijing to discuss ways to deal with the global financial crisis. Europe wants support from China and other Asian giants on the crisis, as well as on climate change and sustainable development. Daniel Schea
Afghanistan's foreign minister says a second round of talks is likely with former top officials of the fundamentalist Taliban. VOA correspondent Steve Herman reports from Kabul that U.S. and NATO officials are giving conditional support to such disc
Israeli President Shimon Peres told his Egyptian counterpart Hosni Mubarak, during a brief meeting Thursday in the Sinai resort town of Sharm el Sheikh, that Israel was prepared to accept the 2002 Arab peace plan as the basis of a global peace agree
Some Zimbabwe government supporters say President Robert Mugabe should form a government without the opposition, following an opposition boycott of talks Monday in Swaziland. Tendai Maphosa asked ordinary Zimbabweans in Harare what they think about
For generations, traditional Indian sweets have been a customary gift during the main Hindu festival, Diwali. But tastes are changing as India globalizes - and chocolates, cakes or other gifts are replacing Indian sweets as the hot favorites. From N
Asian share prices have fallen for a third day as investors feared a global recession would badly hit company earnings. Japan's Nikkei index closed at a five-and-a-half year low, down 9.6 percent after the country's electronics giant Sony halved its
The independent U.N. expert on torture and other cruel, inhuman or degrading treatment, says torture is practiced frequently in many countries, and that prison conditions are often so poor they can be considered cruel and inhuman treatment. From Uni
New York's City Council has voted in favor of extending term limits for elected officials, paving the way for the city's billionaire mayor to run for another term. Victoria Cavaliere reports from VOA's New York Bureau that the move on Thursday had m
East Asian nations have agreed to form an $80 billion fund to help each other fend off the effects of the global financial crisis. As Daniel Schearf reports from Beijing, the fund could help boost confidence in the region's markets. Chinese Premier
Indonesian officials announced they will soon execute the three Islamic militants convicted for the 2002 terrorist bombings on the tourist island of Bali that killed 202 people. VOA's Nancy-Amelia Collins in Jakarta has more. The spokesman for the a
British scientists have found a drug used to fight leukemia that appears to stop multiple sclerosis in its early stages and restore lost function to patients. Although still in the clinical trial phase, it is being called by some, the most promising
The White House says the U.S. economy is struggling to grow and generate jobs, despite aggressive steps taken by the federal government to prop up financial institutions and unfreeze tight credit. VOA's Michael Bowman reports from Washington, the Bu
Election officials in several closely-contested states say Democrats are turning out to vote early in greater numbers than Republicans. With 34 states allowing voters to go to the polls in person before election day, experts estimate that up to 30 p
U.S. lawmakers have accused major credit rating agencies of serious failures in how they assessed mortgage-backed securities and other investments. Executives of major firms, and former employees testified at a congressional hearing, the latest to e
Pakistan is enlisting local tribal militias in the fight against Islamic militants. A report, first published in an American newspaper article on Thursday, says the government is procuring Chinese-made weapons to arm the militias in the rugged triba
Pyongyang-based senior U.N. officials are visiting the South Korean capital, to report on North Korea's ongoing food shortage. They say international food donations are up, and Pyongyang officials are being cooperative. But, as VOA Seoul Corresponde
South Korea is among the nations taking part in this week's Asia-Europe summit in Beijing. Even as the country's president left for the Chinese capital, the latest set of plunging market numbers lit up trading screens in Seoul. As VOA's Kurt Achin r
It was another down day on Wall Street Wednesday as the Dow Jones Industrials lost 514 points amid growing worries of world recession. VOA's Barry Wood has more. Wall Street stock trader, 22 Oct 2008 In addition to the Dow Industrials being down, th
In the U.S. presidential race Wednesday, Democrat Barack Obama focused on a new direction in foreign policy, while his Republican opponent, John McCain, looked to make a comeback in the polls. VOA National Correspondent Jim Malone reports on the pre
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