Venezuela sits on huge oil reserves, and oil wealth is powering President Hugo Chavez' drive to eradicate poverty and transform the country into a socialist haven. But critics accuse the government of mismanaging the state-owned petroleum industry. V...
This is Scientific American's 60 Second Science, I'm Karen Hopkin, this'll just take a minute. With gas prices at an all-time high, and expected to climb higher, seems people are keenly aware of what it costs to drive from here to there. But a study...
This is the VOA Special English Economics Report. Both the World Bank and the International Monetary Fund expect the world economy to shrink this year for the first time since World War Two. As recently as January, the I.M.F. had predicted growth of...
VOICE ONE: I'm Steve Ember. VOICE TWO: And Im Barbara Klein with PEOPLE IN AMERICA in VOA Special English. Today we tell about Jane Jacobs. She was an activist for improving cities. (MUSIC) VOICE ONE: Jane Jacobs Jane Jacobs was an activist, writer,...
The comment follows a disappointing monthly unemployment report that showed continuing job losses in the United States. Michael Bowman | Washington 10 January 2010 Photo: AP Nick Rodriguez looks at job listings for tow truck drivers in the New York S...
Former International Monetary Fund chief economist Simon Johnson said Wednesday that the biggest U.S. banks are too powerful and exert too much influence over the government. Johnson told an audience at Washington's School of Advanced International...
American economist Paul Krugman won this year's Nobel economics award, the last in a series of 2008 Nobels handed out over the past week. From Paris, Lisa Bryant reports for VOA that Krugman was cited by the Nobel committee for his analysis of how e...
The crisis in world financial and stock markets has not dramatically affected most African nations. But African economists say the continent could experience considerable repercussions as lending and investment abilities tighten in the industrialize...
By Michael Bowman Washington 23 March 2008 Polls show overwhelming numbers of Americans believe the U.S. economy is in a recession, although government statistics have yet to show a period of negative growth that meets the technical definition. What...
By Peta Thornycroft 14 March 2008 Zimbabwe's economy has been in crisis for nearly 10 years, but as election day approaches, its collapse is gathering pace, and no one is sure where it is heading. Peta Thornycroft reports for VOA that economists, ind...
