Economy & Business

Combat vehicles with a Russian flag on one of them and gunmen on top are parked in downtown of Slovyansk, Ukraine, April 16, 2014.

Kyiv: Russian Banks Fund Separatists

Ukrainian officials say they have evidence Moscow is funding pro-Russian separatists fomenting unrest in east and is asking West to sanction them More

FILE - Argentine President Cristina Fernandez de Kirchner.

Argentina's Fight with Bondholders Reaches US Supreme Court

The case concerns whether investors can force banks with which Argentina does business to disclose information about the country's non-US assets More

Federal Reserve Chairwoman Janet Yellen, center, speaks during a luncheon at the Economic Club of New York on Wednesday, April 16, 2014.

Federal Reserve Chair Stresses Inflation, Employment in First Policy Speech

In her first major policy speech, Janet Yellen says Fed is not likely to raise interest rates until its inflation, unemployment goals are reached More

FILE - Russian Economic Development Minister Alexei Ulyukayev delivers his speech during the plenary session of the ninth WTO Ministerial Conference in Bali, Indonesia, 4, 2013.

Russian Economy Slows as Ukraine Crisis Continues

Economy Minister Alexei Ulyukayev says economy expanded just 0.8 percent in first quarter, earlier predictions said it would grow 2.5 percent More

FILE - The sun sets behind buildings under construction in Guangzhou, Guangdong province.

China Defaults Mount Among Inter-company Loans

Chinese companies granted a net $411 billion in so-called entrusted loans in 2013, nearly double the 2012 total More

More Economy & Business News

US: China's Currency 'Significantly Undervalued'

The Treasury acknowledged that China's currency has appreciated, but said the increase is too slow and has not gone far enough

Chinese Economy Slows in First Quarter

Chinese leaders appear for the moment to be tolerating the current pace of weaker growth, and have ruled out any major stimulus

Video Ukraine Receives Additional Aid As Tensions Rise

With Ukraine's economy near collapse, the United States on Monday announced a one billion dollar loan guarantee for Ukraine

US Warns China its Currency Still Undervalued

Treasury report calls yuan 'significantly undervalued' and says US watching its value closely

Vietnam Hopes Trade Pact Boosts Textiles

New trade pact could bolster Vietnam's key textile sector

Video Report: Africa's Economic Prosperity at Risk From Instability

Head of African Development Bank says achieving economic progress does not just depend on having impressive numbers of GDP growth, high-rise buildings or first-class highways

EU Struggles to Unpick Knot of Russia-Ukraine Gas Logistics

German RWE begins small gas deliveries to Ukraine as Ukrainians, Slovaks scramble to reach reverse flow deal

Yellen Says Fed Mulling Stricter Rules for Wall Street

The Fed has been pushing banks to strengthen their balance sheets since the 2007-2009 financial crisis

Business Video

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Millions Labor in Pakistan's Informal Economyi
Sharon Behn
April 15, 2014
The World Bank says that in Pakistan, roughly 70 percent work in the so-called informal sector, a part of the economy that is unregulated and untaxed. VOA's Sharon Behn reports from Islamabad on how the informal sector impact's the Pakistani economy.

Video Millions Labor in Pakistan's Informal Economy

The World Bank says that in Pakistan, roughly 70 percent work in the so-called informal sector, a part of the economy that is unregulated and untaxed. VOA's Sharon Behn reports from Islamabad on how the informal sector impact's the Pakistani economy.

Video Fans Buy Hollywood History

Hollywood history is on sale at a celebrity auction April 11-12 that draws buyers from around the world. VOA's Mike O'Sullivan reports from Beverly Hills that the items span a century of movie making and include some 20th century political memorabilia.

Video Immigrant-Friendly NYC Mayor Pushes Official IDs for All

Immigration advocates in the United States continue to press for sweeping reforms that will clear a path to citizenship for all immigrants, including those without valid visas, and grant them access to many of the benefits and protections that U.S. citizens enjoy. VOA’s Adam Phillips files this report from immigrant-rich New York, where the new mayor is hoping to implement a new universal identity card program that will help undocumented immigrants move into the city’s mainstream.

Video Putin's Energy Threats to Europe Come With Costs for Russia

Russia is again using its role as Europe’s dominant natural gas supplier to pressure Ukraine and the West. Europe gets about 30 percent of its gas from Russia, and half of that passes through Ukraine. But how much leverage does Russia really have in using energy exports to achieve diplomatic or geopolitical objectives in Europe? VOA’s Mary Motta reports from London.

Video Big Apple Weighs Fees on Single-use Plastic Bags

The world consumes hundreds of billions of single-use plastic bags each year. Environmental activists say they are difficult to recycle, wasteful and damage the biosphere. They want to ban plastic bags or - as many communities have done - charge a fee for them at the register. VOA’s Adam Phillips as more on the controversy from New York.

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