Land Reform in South Africa Multi-Faceted

By Delia Robertson Changing the demographics of land ownership in South Africa is an ongoing and enormous challenge. Under apartheid, 87 percent of the land mass was earmarked for whites who comprised

US Immigration Reform Likely a Significant Issue in Race for

Dan Robinson Congressional Democrats have presented principles for immigration reform they say will be fairer than what President Bush has proposed. The announcement sets up an election year battle be

India’s Currency Ban Under Fire One Year Later

Its been a year since Indias government banned the use of high-value paper money. That decision is being heavily criticized by some individuals and groups. Prime Minister Narendra Modi who ordered the action in November 2016 has repeatedly defended h

Using Cats to Explain Cryptocurrency and Blockchain

By now, most people have heard of bitcoin. Bitcoin is a virtual currency that has had a huge rise in value during 2017. Bitcoin however is just one of many cryptocurrencies. A cryptocurrency is a kind of money that does not exist in the form of bills

美国新财长:不急于评判中国汇率政策

Steven Mnuchin, the new US Treasury secretary, has retreated from Donald Trumps campaign pledges to quickly brand China a currency manipulator, signalling that there was no urgency to draw conclusions about the strength of the renminbi. 美国新任财

VOA标准英语2010年-Indian Currency to Have New Symbol

A handout picture released by the Indian Press Information Bureau (PIB) shows the new symbol for the Indian rupee, 15 July 2010 As India's economy grows and its ambition to make a mark on the global scene rises, the country has decided that its curre

VOA双语新闻 - 北韩更换货币、大幅调高币值

North Korea has apparently revalued its currency, in a move that may be aimed at tightening domestic market activity. 北韩重新调整了其货币价值。此举可能是为了更加严格控制其国内市场活动。 South Korean media quoted unn

2015年CRI China Urged to Continue RMB Reform after Inclusion into SDR

As of October 1st of next year, the renminbi, literally translated as the people's currency, will become the fifth currency in the SDR basket, alongside the U.S. dollar, the euro, the Japanese yen and the British pound. Hong Hao, chief strategist at

Business Channel 2007-03-11&13

Henry Hank Paulson has visited China more than 70 times, but it's his first trip to a Shanghai financial market as US Treasury Secretary. Paulson toured the Shanghai Future Exchange Thursday, the final stop of his three-nation swing through Asia. Th

U.S. House of Representatives passes Chinese currency bill

WASHINGTON, Sept. 29 (Xinhua) -- The U.S. House of Representatives（众议院） on Wednesday passed a bill to press China to let its currency rise faster, amid accusations that China suppressed the value of its currency and placed a drag on U.S. jo

China not manipulating currency: U.S. Treasury

WASHINGTON, May 27 (Xinhua) -- The U.S. Treasury Department(财政部 ) said in a report released on Friday that China was not manipulating its currency. In China, since the authorities decided in June 2010 to allow the exchange rate to appreciate in

Official: Currency reform "our own affair"

BEIJING, June 28 (Xinhuanet) --China will not bow to pressure （压力,压迫） from the outside world on revaluing the renminbi and any changes in the nation's foreign exchange will be made on China's own terms, Chinese officials heading to the G2

China's health reform cuts drug prices

NANJING, April 23 (Xinhua) -- At a time when almost every commodity in China is getting more expensive, the dwindling cost of medicine is a rarity. Zhang Jinkui, a hypertension patient, buys medicines from the community health center of his neighborh

China to reform prices in energy sector

BEIJING, Feb. 28 (Xinhua) -- China will reform its energy and resource pricing system this year, but will time it to minimize impacts on consumer prices, the country's price regulator said Tuesday. The move is aimed at letting the market play a role

CCTV9英语新闻：China, UK agree currency swap

China and Britain have agreed on a currency swap deal, allowing exchanges of up to 200 billion RMB or 20 billion pounds. The agreement will involve a reciprocal 3-year currency swap line. The deal was announced in an online statement by the Bank of E

人民币对美元5月贬值1.6%

Chinas currency suffered its biggest monthly depreciation since its devaluation last August as the central bank denied claims that it had abandoned market-orientated exchange rate reform. 人民币出现自去年8月贬值以来最大单月跌幅，与

VOA标准英语2009年-Reports: North Korea Revalues Currency

N. Korea has sharply raised the value of its currency, causing confusion, and a sudden spike in demand in for Chinese yuan and US dollars Kurt Achin | Seoul 01 December 2009 North Korean banknotes are displayed at a souvenir shop in the Imjingak Pavi

英闻天下——378 Expert on China's RMB Reform

The central bank here in China is making moves to allow more flexibility in the yuan's exchange rate. Yi Gang, deputy governor of the People's Bank of China, has made the suggestion on the sidelines of the National People's Congress. At the same time

US Senate to Vote on China Currency Bill

The U.S. legislation is headed for a final vote in the Senate, which intended to push China to let the yuan appreciate further. The bill called for tariffs on imports from countries with deliberately undervalued currencies. A bipartisan majority that

2007年VOA标准英语-Nigerian Government Announces Currency Reform

By Gilbert da Costa Abuja 15 August 2007 Nigeria has won praise from the international community for free-market reforms that have spurred high levels of growth, slashed inflation and earned the country significant debt relief. And as Gilbert da Cost