By Kurt Achin Seoul 14 June 2007 A Chinese official in Macau confirms North Korean funds have been transferred out of a bank there, en route to Pyongyang. The transfer removes a major obstacle in getting Pyongyang to fulfill its promise to begin dism...
By Barry Wood Washington 28 February 2007 Federal Reserve Chairman Ben Bernanke told Congress Wednesday regulators are closely watching U.S. markets following the huge drop in stock prices Tuesday. But U.S. stock markets rebounded early Wednesday on...
By Barry Wood Washington 14 February 2007 Federal Reserve Board Chairman Ben Bernanke told a Senate committee Wednesday that, while U.S. economic growth is moderating, inflationary pressures have receded. VOA's Barry Wood reports the central banker's...
By Mil Arcega Washington, DC 19 October 2006 watch ATM Theft Increasing Robberies involving A.T.M.s, or Automated Teller Cash Machines, are on the rise. In the Southwestern United States, law enforcement officials say there have been more than two d...
By Jim Teeple Jerusalem 04 September 2006 Israel's government says it intends to build 690 new homes in two West Bank settlements. Palestinian officials say the plan is a violation of the U.S.-backed road map peace plan. ----- The settlement constru...
By Barry Wood Washington 26 July 2006 The World Bank, based in Washington and owned by its 184 member governments, spends about $20 billion a year to promote economic development in poor countries. The Bank in recent years has stepped up its efforts...
By Deborah Tate Capitol Hill 07 June 2006 Former Federal Reserve Chairman Alan Greenspan testifies on Capitol Hill, Wednesday, June 7, 2006 before the Senate Foreign Relations committee hearing on the...
By Mil Arcega Washington, DC 05 June 2006 watch World Bank Store report Shopping inside the World Bank store, called Pangea The World Bank has taken a new approach to globalization. The organization b...
By Deborah Block Washington, DC 02 June 2006 watch Cost Heath Care report A new report by the World Bank warns that the sharply rising cost of health care is creating a burden on third world countries...
By Nancy-Amelia Collins Jakarta 13 April 2006 The head of the World Bank, Paul Wolfowitz, says the biggest obstacle to economic growth in Indonesia is the country's endemic corruption. Paul Wolfowitz...