Asia's stock markets are calming down after days of heavy selling. Economists and market analysts say coordinated interest rate cuts in the United States and other countries helped steady investor nerves. But, as Ron Corben reports from Bangkok, man
World markets were mixed Wednesday amid efforts to revive a $700 billion US bailout package aimed at rescuing troubled American financial institutions and reversing tight credit that could strangle global economic growth. VOA's Michael Bowman report
A report released by British think-tank Chatham House warns that while the international community must do more to stop rampant piracy in Somalia, piracy cannot be eradicated without finding a long-term solution to the country's political problems.
The commander of U.S. forces in Korea says he does not anticipate any reduction in the number of U.S. troops on the peninsula, even as South Korea's army prepares to take responsibility for the country's wartime defense. The commander, General Walte
In Nepal, 18 people were killed when a small passenger plane crashed in the east of the country. Most of the victims were German tourists. Anjana Pasricha reports for VOA from New Delhi. Yeti Airlines' plane burns as people stand around it at Lukla
Fears of a global recession and falling oil prices are driving Gulf stock markets down dramatically, once again, and the generally morose economic climate has Arab investors scrambling for cover, as Edward Yeranian reports for VOA from Beirut. Stock
Indonesia's stock index plummeted more than 10 percent in one of the worst days of trading ever seen in Asia. In Tokyo, the key index closed more than nine-percent lower, the worst trading day since the global stock market crash in 1987. Katie Haman
Markets around the world have taken a beating, with a key US market average falling to its lowest level in four years. VOA's Michael Bowman reports from Washington, the market plunge is being driven by persistent concerns that tight credit could fur
President George Bush welcomed the U.S. Olympic team to the White House Tuesday for a celebration of its accomplishments at the Beijing Olympics. VOA's Paula Wolfson reports hundreds of athletes traveled to Washington for the event. President Bush g
Days after Zimbabwe's central bank increased daily withdrawal limits, the lines outside Zimbabwe's banks are still as long as ever. As Tendai Maphosa reports from Harare this is seriously affecting productivity for those with jobs. A depositor scrut
As the U.S. Federal Reserve System announced measures to ease the credit crisis Tuesday, small business owners around the United States say the tight credit market is hurting them. Mike O'Sullivan reports from Los Angeles, the financial crisis is af
As world stock prices continue falling, U.S. President George Bush is trying to reassure Americans and people around the world that his government is doing everything in its power to address the economic crisis. VOA's Kent Klein reports from Washing
An organization representing Somali journalists has raised concern with the continued captivity of three freelance journalists - an Australian, a Canadian, and a Somali kidnapped nearly two months ago. As Derek Kilner reports from VOA's East Africa
The State Department says the Bush administration is engaged in a careful study of North Korea's latest position on the six-party nuclear talks, as conveyed to a senior U.S. envoy late last week. VOA's David Gollust reports from the State Department
Republican candidate John McCain is hoping to reverse the dynamics of the race for the White House in his final presidential debate with Democratic candidate Barack Obama. Trailing in national polls and in key states, McCain will have another chance
For the past several decades Republican presidential candidates have been able to count on winning in the Rocky Mountain states so they could concentrate their efforts elsewhere. But this year the Democrats are making inroads in those states and cou
The International Organization for Migration says the Iraqi government is allocating more than $200 million to persuade internally displaced people and refugees to return home. the IOM says the government is enacting a variety of legal and practical
Despite a raft of government interventions, markets in Europe have ended a tumultuous week with a steep decline Friday as fears of a worldwide recession start to take hold. For VOA, Tom Rivers in London has been talking to average Britons about the
Ethiopia's fractious political opposition is planning a unified parliamentary campaign to demand a complete withdrawal of Ethiopian troops from Somalia. But as VOA's Peter Heinlein reports from Addis Ababa, Ethiopia is under pressure by the internat
Fourteen years ago, Brenda Eheart created a community founded on the idea that it takes a village to raise a child. Today that village, Hope Meadows, is thriving and serving as a model for other communities. VOA's Susan Logue reports. Hope Meadows r
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