Billions of Dollars Lost Each Year to Illegal Logging The joint report, called Green Carbon / Black Trade, says between 30 and 100 billion dollars are lost each year to the illegal timber trade. Much of the loss is centered in key logging countries i...
Global Trade in Fake Drugs Tops $30 Billion Some 40 percent of the drugs available in many sub-Saharan African and South American countries are either fake or substandard - according to research by the World Bank and international public health group...
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...
Aid Agencies Seek a Billion Dollars for Sahel Relief Humanitarian agencies say at least one billion dollars is needed to prevent many people from going hungry in Africas Sahel region. They say about 15 million people are affected by a deepening food...
Economics Report - European Ministers Agree to Loan Greece Another $172 Billion This is the VOA Special English Economics Report. European finance ministers agreed to loan Greece about one hundred seventy-two billion dollars this week at a meeting in...
Doctor 'Brain Drain' Costs Africa $2.2 Billion There are more than a hundred million health care workers around the world, but in many poor countries, there are only a handful of doctors and nurses to care for tens or, even hundreds of thousands of p...
Representatives from donor nations meeting in Egypt have pledged more than $4.4 billion in new aid to help rebuild the war-torn Gaza Strip after the recent conflict between Israel and Hamas. A general view of the opening session of the international...
The U.S. Senate has passed an $838 billion economic stimulus bill, designed to create millions of new jobs and jolt the economy out of recession. President Barack Obama called the vote good news, but he cautioned there is more work to be done to tur...
The International Monetary Fund, with the concurrence of the United States, has agreed lend Belarus $2.5 billion to help it deal with effects of the global economic crisis. The IMF decision Wednesday reflects a thaw in relations between the authorit...