Rising fuel costs are making it more expensive to move food and other goods to the marketplace. That means prices are going up for consumers, but incomes may not be rising enough to keep pace with inflation. As VOA's Kent Klein reports, it also mean...
With rising oil prices inflating the cost of almost everything, people are looking for other ways to power vehicles, and even for alternatives to vehicles. In this report, VOA's Kent Klein looks at ways to end the era of expensive fuel. (Part 5 of 5...
A week-long transport strike in Ivory Coast has ended after Prime Minister Guillaume Soro announced the government will lower fuel prices. Brent Latham reports from our West Africa bureau in Dakar, the government promises new fuel subsidies. People...
The price of oil has hit an all-time high in London, rising above $146 a barrel, with New York crude prices not far behind. Tendai Maphosa reports for VOA from London analysts do not see an end to the price increases anytime soon. Oil well pumps The...
Corn prices are surging on the world market after devastating floods in the U.S. heartland destroyed many crops shortly after they were planted. Corn is also in high demand these days, because it is used for making the alcohol fuel additive called e...
Chinese steel makers have agreed to pay record prices for iron ore from the remote Pilbara region of Western Australia. In a deal signed this week, Australian mining giant Rio Tinto has secured increases that almost double the price of some grades o...
By Nico Colombant Dakar 22 May 2008 Higher prices are affecting every corner of Africa, from capitals to remote areas. It is also not only consumers who are being affected but sellers as well. VOA's Nico Colombant studies the case of a restaurant own...
By Mil Arcega Washington 16 May 2008 Oil prices continued to break new records this week, trading briefly above $126per barrel on Monday. American consumers fear prices will go even higher as the summer driving season gets underway. Some say they are...
By Brian Wagner Miami 14 May 2008 As crop prices remain high, farmers and other landowners are working to expand their output and take advantage of big profits for wheat, corn and soybeans. The boom is creating pressure to begin farming on lands enro...
By Deborah Block Washington 13 May 2008 As the price of gasoline continues to rise in the U.S., more Americans are buying smaller, more fuel-efficient vehicles. Others are holding on to their big cars, in hopes that gas prices will eventually go down...