Economy & Business

Video Economic Anxiety Plays a Part in Hong Kong Democracy Protests

Hong Kong’s low-tax, business friendly government has created a vibrant economy, but it has also created one of the world's biggest wealth gaps between the rich and poor More

FILE - China's then Public Security Minister Zhou Yongkang attends the opening ceremony of the 17th National Congress of the Communist Party of China at the Great Hall of the People in Beijing.

China Stresses Constitution's Role in Building Rule of Law

Communist Party OKs expulsion of several high-ranking officials, but list of officials doesn't include former national security chief Zhou, widely expected to be ousted More

Chinese Finance Minister Lou Jiwei makes a speech at the APEC finance ministers meeting opening ceremony in Beijing, Oct. 22, 2014.

APEC Finance Ministers Meet in Beijing

Finance ministers seek points of cooperation amidst slowing Chinese economy More

FILE - The signage of Tesco Extra is silhouetted against the sun in southwest London.

UK's Tesco Chief to Resign After Massive Accounting Gaffe

Tesco's profits during the first half of 2014 were overstated by over $400 million More

Russian President Vladimir Putin (L) shakes hands with his Ukrainian counterpart Petro Poroshenko at the start of talks in Minsk, Belarus, Aug. 26, 2014.

Europe Hoping for Russia-Ukraine Gas Deal Next Week

Efforts to resolve pricing dispute between neighboring countries proves fruitless in Brussels More


More Economy & Business News

Uganda Mulls Rebuilding National Airline

While some say carrier would inspire national pride and tourism revenue, effort would require substantial government funding to get off the ground
More

WTO Chief Seeking Ideas After Global Trade Deal Stymied

Roberto Azevedo plans on Wednesday to announce a week of talks to try to chart future direction of the Geneva-based body
More

APEC Finance Ministers Meet in Beijing

Government, private sector officials gather as most recent economic numbers show China’s growth slowing - and they say shoring up nation's economy tops agenda
More

ECB Considering Corporate Bond Buys, Could Decide as Soon as December

Corporate bond purchases would widen the private-sector asset-buying program the ECB began on Monday
More

US: Time for Free Trade Deal with Japan is Now

US has been urging Japan to reduce tariffs on agricultural imports, measures that are in place to protect Japanese farmers
More

French Oil CEO Killed in Moscow Runway Crash

Head of oil giant Total was killed late Monday when his private jet collided with a snow plow on a Moscow runway
More

China's Economy Records Slowest Growth Since 2009

Leaders are not expected to roll out any drastic measures to spur economic growth unless there is a major downturn in the job market
More

Video After Decades of Pressure, Luxembourg Drops Bank Secrecy Rules

European Union finance ministers reach breakthrough agreement that will make it more difficult for tax cheats to hide their money
More

Business Video

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Morocco's First Solar Power Plant to Start Operating in 2015i
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Zlatica Hoke
October 21, 2014 9:36 PM
Morocco has announced that its first solar energy plant will begin operating next year. Part of a multi-billion dollar project aimed at satisfying growing energy needs in the North African kingdom, the Nour 1 thermo-solar plant is the first of five the country plans to build by the end of the decade as it strives to become a world-class renewable energy producer. Zlatica Hoke has more.
Video

Video Morocco's First Solar Power Plant to Start Operating in 2015

Morocco has announced that its first solar energy plant will begin operating next year. Part of a multi-billion dollar project aimed at satisfying growing energy needs in the North African kingdom, the Nour 1 thermo-solar plant is the first of five the country plans to build by the end of the decade as it strives to become a world-class renewable energy producer. Zlatica Hoke has more.
Video

Video After Decades of Pressure, Luxembourg Drops Bank Secrecy Rules

European Union finance ministers have reached a breakthrough agreement that will make it more difficult for tax cheats to hide their money. The new legislation, which had been blocked for years by countries with a reputation as tax havens, was approved last week after Luxembourg and Austria agreed to lift their vetoes. But as Mil Arcega reports, it doesn’t mean tax cheats have run out of places to keep their money hidden.
Video

Video Young Nairobi Tech Innovator on 'Track' in Security Business

A 24-year-old technology innovator in Nairobi has invented a tracking device that monitors and secures cars. He has also come up with what he claims is the most robust audio-visual surveillance system yet. As Lenny Ruvaga reports from the Kenyan capital, his innovations are offering alternative security solutions.
Video

Video Plunging Oil Prices Have Unpredictable Impact on Politics, Economics

Global oil prices are falling drastically, and a new World Bank study says they may remain low for a year or more. Lower energy costs can often help boost economic growth. But experts tell VOA’s Jim Randle, low prices might also increase political tensions and hurt investments in key energy sectors.
Video

Video US Stocks Drop Sharply Amid Global Growth Concerns

Key Wall Street indexes fell sharply on Wednesday as new economic data from the U.S. added to concerns about the health of the global economy. Although benchmark indexes later recovered from their session lows, the losses threatened to wipe out most of the gains made this year. As VOA’s Mil Arcega reports, the volatility is a normal part of a healthy market - but experts say the market is overdue for a major correction.

World Currencies

EUR
USD
0.7893
JPY
USD
107.68
GBP
USD
0.6238
CAD
USD
1.1214
INR
USD
61.185

Rates may not be current.