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This is the VOA Special English Economics Report. Cargo containers are loaded onto a ship at the Port of Miami In the last thirty years, American businesses have increasingly used suppliers in China and all over the world. This helped fuel a current
By Jim Malone Washington 26 April 2006 The rising cost of gasoline in the United States is the latest in a series of political problems facing President Bush and Republicans in Congress as they look a
By Mil Arcega Washington, DC 18 April 2006 watch report Rising Gas Prices Crude oil futures hit $70 a barrel for the first time in seven-and-a-half months Monday, pushed higher by concerns over declin
Corn prices are surging on the world market after devastating floods in the U.S. heartland destroyed many crops shortly after they were planted. Corn is also in high demand these days, because it is used for making the alcohol fuel additive called e
Oil prices are now more than 60 percent off their record highs in July. Although it still remains above $50 a barrel, in Asia, consumers and governments are benefitting from the decline. VOA's Kate Pound Dawson in Bangkok takes a look at what cheape
The U.S. housing sector remains weak, two years into an unprecedented decline. House prices, house sales, and house construction are all continuing to fall. Houses for sale in Denver, Colorado Home prices in the United States have fallen over eight
Falling Oil Prices Prompt Russian Economic Fears Khanty-Mansiysk in Siberia - home to around 70 percent of Russias developed oil fields and the source of much of the countrys wealth. Russia produces more than 10 million barrels of oil per day - makin
Property prices in Nairobi and elsewhere in Kenya have skyrocketed in the past few years, partly because more money may be finding its way there from pirate activities in neighboring Somalia. A local analyst says buying property is a popular and eas
HighFoodPricesExpectedtoClimbFurther World food prices remain near record-high levels, according to the latest UN world food price index, and they're expected to climb even higher. The index hit a record in January and has not come down much since. T
RACHEL MARTIN, HOST: Let's examine now the contradictory statements the president has made about drug prices. He has said he wants the U.S. government to negotiate lower drug prices for Medicare, but he's made other statements that seem opposite to t
By Kent Klein Washington 13 April 2008 Soaring food prices are causing big problems in many parts of the world today. One factor in the ballooning costs may be the increasing global demand for biofuels - vehicle fuels made at least partly from corn (
By Peter Fedynsky Washington 20 March 2007 Rising world oil prices have sparked interest in alternative fuels, such as ethanol, which can be produced from corn. This has raised demand for the grain, which, in turn, has increased its price as food. VO
By Mil Arcega Washington, DC 04 May 2006 watch Ripple Effect of Oil report The latest data on consumer spending shows the U.S. economy continues to expand at a healthy pace. But some economists fear o
By Kari Barber Dakar 16 November 2007 Humanitarian officials warn that climate change along with higher food prices and growing populations are threatening food supplies in Africa. World Food Program Executive Director Josette Sheeran says that pract
By VOA News 06 March 2008 Crude oil prices continued their surge Thursday hitting a new record high of nearly $106 a barrel. Prices for crude for future delivery went as high as $105.97 before easing slightly. The latest record high for oil follows a
By Mil Arcega Washington 14 March 2008 Oil futures are again breaking records after surpassing $110 a barrel on March 13 in New York. Despite evidence to suggest that high fuel prices are not justified -- weakening demand and growing supplies have be
By Brian Wagner Miami 14 May 2008 As crop prices remain high, farmers and other landowners are working to expand their output and take advantage of big profits for wheat, corn and soybeans. The boom is creating pressure to begin farming on lands enro
Australia's economy has enjoyed years of solid growth thanks to a booming resources sector. Now, the good times appear to be fading as the global credit crisis affects China's appetite for Australian iron and other minerals. From Sydney, Phil Mercer
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
Price of gold moves closer to $1,200 an ounce, bringing more income to mining companies and gold owners, but business is not so good for retailers and wholesalers Ron Corben | Bangkok 30 November 2009 An employee of a Bangkok gold shop shows several