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....
The Bush administration Wednesday announced a $1 billion economic aid package for Georgia to help that country recover from last month's conflict with Russia. Secretary of State Condoleezza Rice said the U.S. package is part of an unprecedented glob...
Italy agreed to pay Libya $5 billion as compensation for its 30-year occupation of the country during the 20th century. The money will be invested by Italy over a 25-year period. For VOA, Sabina Castelfranco reports from Rome. Italian Prime Minister...
President Bush has signed a bill committing $48 billion to the global fight against AIDS, malaria and tuberculosis. VOA's Michael Bowman reports from the White House, the bill vastly expands a U.S. program that already treats millions in Africa, Sou...
The U.N. Secretary-General says between $25 billion and $40 billion is needed each year to boost agricultural production and assist farmers worldwide, in order to curb the growing global food crisis. From United Nation's headquarters in New York, VO...
A donors' meeting in Brussels Friday has raised hundreds of millions of dollars for Kosovo, to help it get on its feet. Lisa Bryant has more for VOA from Paris. EU Enlargement Commissioner Olli Rehn (L) and Kosovo PM Hashim Thaci at press conference...
By Lisa Bryant Paris 12 June 2008 International donors pledged billions of dollars in aid for Afghanistan at a meeting in Paris, but also urged Kabul to do more to fight corruption and instability. Lisa Bryant has more from the French capital. Deleg...
By Sonja Pace London 12 June 2008 International donors pledged more than $15.5 billion in aid for Afghanistan during a one-day meeting Paris. Western leaders and experts have repeatedly argued that Afghanistan needs more NATO troops to fight the Tal...
By Lisa Bryant Paris 15 May 2008 French banking giant Credit Agricole says it will sell billions of dollars in assets to deal with subprime losses by its investment arm. From Paris, Lisa Bryant reports the new financial blow adds to the economic worr...
By Dorian Jones Istanbul 28 March 2008 Turkey's predominantly Kurdish southeast has been the center of a bloody 20-year conflict between the Turkish state and Kurds fighting for autonomy. For decades, the region has remained one of the poorest in the...