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This is the VOA Special English Economics Report. Copies of the budget plan at the Government Printing Office in Washington President Barack Obama on Thursday proposed his first budget to Congress. He wants to let the Bush administration's tax cuts
Sato, a Japanese student, goes to a smiling class in Beijing. (S=Sato; T=teacher) S: Konbanwa, evali-badi! (everybody!)(The whole class laughs.) Ha!Ha!Ha! T: What on earth is that? S: Wow! You see. It
This is the VOA Special English Economics Report. President Barack Obama has a plan to deal with a central cause of the economic crisis: America's troubled housing market. PRESIDENT OBAMA: Through this plan, we will help between seven and nine milli
.S. President Barack Obama says the country's economic crisis demands that Congress act soon on his economic stimulus plan. Mr. Obama met Friday with top Democratic and Republican lawmakers at the White House. President Barack Obama speaks to report
I got a gal, I got a gal, she's gonna rock'n roll I got a gal, I got a gal, she's gonna rock'n roll She said ba bop be bop, be bop ba bop Ba bop be bop be bop bong You got swing, I got swing, every night we gonna swing You got swing, I got swing, eve
U.S. congressional leaders have resumed talks on a $700 billion financial rescue package. The difficult talks resumed after the negotiators agreed to consider proposals from House Republicans, whose opposition to a White House backed plan had threat
Iceland's prime minister says his country needs about $6 billion in loans to recover from the global financial crisis, as Reykjavik's central bank hikes its interest rates by a massive six percentage points. For VOA, Tom Rivers reports from London.
President-elect Barack Obama met with majority Democratic leaders on Capitol Hill Tuesday about an emerging economic stimulus plan. The talks came as the House of Representatives prepared to take up legislation that would place new restrictions on h
The U.S. housing industry, where experts believe the economic crisis began, is the target of President Barack Obama's latest initiative to strengthen the economy. Mr. Obama has unveiled a $75 billion plan to prevent as many as nine million Americans
As U.S. lawmakers were voting on a giant economic recovery plan, President Barack Obama again emphasized the many challenges facing the nation's economy. President Barack Obama makes remarks to business leaders at the White House, 13 Feb 2009 Presid
By Al Pessin Pentagon 04 February 2008 President Bush's budget for next year, sent to the Congress for debate on Monday, includes more than half a trillion dollars in basic defense spending, and another $70 billion to fund the wars in Iraq and Afghan
By Sean Maroney Washington 21 December 2007 Earlier this month, Venezuelan voters rejected President Hugo Chavez's sweeping constitutional reform plan. His former defense minister, General Raul Baduel, was among the opponents of the plan, and he tell
Police in London say they have arrested a man accused in an unauthorized trading scheme that allegedly cost Swiss bank UBS about $2 billion. Police say Kweku Adoboli, 31, was taken into custody Thursday on the suspicion of abusing his position to com
WASHINGTON, Jan. 7 (Xinhua) -- U.S. President Barack Obama on Friday signed the 2011 defense authorization(授权) bill into law, but promised to repeal provisions that would restrict(限制,约束) transfer of military detainees from the Gua
WASHINGTON, Feb. 19 (Xinhua) -- Back from his weekend Florida golf getaway, U.S. President Barack Obama on Tuesday sounded an alarm on harms to be caused by the looming government spending cuts, but offered no concrete and long-term plan to put U.S.
Haikui causes over 3 billion yuan economic loss in Anhui HEFEI, Aug. 11 (Xinhua) -- East China's Anhui Province has recorded an economic loss of 3.28 billion yuan (515.69 million U.S.dollars) since severe tropical storm Haikui entered the province on
The largest U.S. bank, JPMorgan Chase, says it lost $5.8 billion in bad trades this year, nearly triple its original estimate. The Wall Street investment bank said two months ago it estimated that losses originating in its London trading office would
WASHINGTON, Jan. 12 (Xinhua) -- U.S. President Barack Obama requested Congress Thursday to raise the federal government's borrowing limit by 1.2 trillion U.S. dollars, as the government is facing mounting budgetary pressure. It was the third and fina