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The economy is bad. People are out of work. People are losing their jobs. People are getting laid off. People are getting fired. People want to work. But nobody is hiring workers. Nobody needs workers. Everyone has less money. Everyone is spending le
Economics Report - A Former American Treasury Secretary Talks About US-China Economic Ties This is the VOA Special English Economics Report. The worlds two biggest economies and their trade ties are important to global economic progress. China accoun
Fanny: Hey, Brian, you know, recently I heard that the Canadian dollar is very strong. Brian: It is. It's been amazingly strong in the last few months. Fanny: What happened? I mean, how come? Brian: It went up. The reasons behind why the Canadian dol
U.S. economic growth slowed in the first three months of this year, as energy prices rose and state and local government spending fell. But many experts expect growth to recover later this year. The U.S. Commerce Department said Thursday that the U.S
THERE'S NO QUIBBLING with Warren Buffett's extraordinary overall investment record, which has resulted in a $205 billion stock-market value for Berkshire Hathaway. But, in the past few years, Buffett has invested in some companies whose shares have b
If you woke up this morning thinking the toughest day of the week had been and gone, you were wrong. Mondays may have long been thought of as miserable, but were more likely to feel down in the dumps on a Tuesday. According to researchers from the Lo
New Delhi -- As growing wealth fuels spending in thousands of villages across India, rural communities are emerging as new commercial frontiers, raising hopes that the nation's vast countryside will become an engine of future economic growth. For Aru
BEIJING, Feb. 16 (Xinhua) -- The Penglai 19-3 oilfield, which experienced a severe oil leak in 2011, has been given official permission to resume operations, according to the State Oceanic Administration (SOA). The SOA said in a Saturday statement th
PARIS Europe's two biggest economies have managed to dodge recession, but newly published statistics offer grim news for the region as a whole. New figures released by Eurostat statistical agency show the economies of both the eurozone and the 27-mem
Britain's economy is sinking further into recession, even more than analysts had projected. The British government said Wednesday its economy contracted seven-tenths of a percent in the April-to-June period, its worst quarter since the height of the
The debt-ridden Spanish government and the country's troubled economy are the newest face of the European debt crisis. Stock markets across Asia, Europe and the United States plunged on Monday on fears that Madrid will need an international bailout a
Economist: Spanish football dying MADRID, Sept. 21 (Xinhua) -- The economist, Jose Maria Gay de Liebana has given a warning to Spanish football clubs that the sport is in danger of dying out in the country. It seems hard to believe in a football mad
The end of 2011 helped give the world's largest economy a boost although not enough to make a large dent in unemployment. The U.S. central bank issued its so-called Beige Book report Wednesday - an anecdotal look at the overall health of the country'
How can problems in Greeces relatively small economy cause problems for the rest of Europe and even far-away Asia and the United States? Some economists say that international loans and worried investors are among the reasons for the fear of financia
ISTANBUL Turkey's ruling Justice and Development Party has forced the countrys once all-powerful army firmly back into the barracks and out of political life. The army's considerable business interests are now coming under growing scrutiny. In Turkey
As Europe's fiscal concerns mount, relations between France and Britain are fraying as the two countries trade barbs over which economy is the worse off. The spat among historic rivals comes amid more gloomy economic forecasts out this week. Slow gro
The U.S. economy will likely be the main topic as President Barack Obama meets Sunday and Monday with most of Americas 50 state governors. Many of the state leaders are reporting progress. Some state executives have brought a sense of optimism to the
The U.S. economy, the world's largest, grew at its fastest pace in a year-and-a-half in late 2011, but questions remain whether the advance will continue in coming months. The U.S. government said Friday the country's national economic output increas
President Barack Obama says restoring Americas prosperity and economic fairness is the defining issue of our time. The president went to the Midwestern state of Kansas Tuesday to restate his economic goals. In a nearly hour-long speech, President Oba