Economy & Business

This Thursday, July 24, 2014 photo shows construction cranes at the Brickell City Centre project in downtown Miami. According to real estate license applications in 2013, the number of U.S. real estate agents is increasing as the housing market recovers from the Great Recession. (AP Photo/Lynne Sladky)

Asia Leads Infrastructure Spending

PwC outlook to report projects global infrastructure spending to top $9 trillion by 2025 More

An aerial view of an oil exploration site in Bulisa district, approximately 244 km (152 miles) northwest of Kampala in this undated handout photo from Tullow Oil Uganda, received by Reuters July 4, 2012.

Uganda’s Oil Sector Faces Criticism Over Transparency

Although government is supposed to compensate affected persons for their land, only half have received money, and most of them only a portion of what they are owed More

Argentina's President Cristina Fernandez de Kirchner talks to Economy Minister Axel Kicillof (L) during a ceremony at Buenos Aires' Stock Exchange, August 20, 2014.

US Judge Orders Argentina Debt Spat Hearing Amid Contempt Calls

Move follows country's unveiling of plans to sidestep District Judge Thomas Griesa's ruling that led to default for second time in a dozen years More

** FILE ** A Bank of America branch is shown in a Charlotte, North Carolina, file photo from April 20, 2006. Brokerage and financial services firm The Charles Schwab Corp. says will sell its wealth-management subsidiary U.S. Trust to Bank of America Corp. for $3.3 b

US Bank to Pay Record Fine of Nearly $17 Billion

Bank of America’s sale of bad housing loans helped trigger world recession More

People walk past a closed McDonald's restaurant, one of four temporarily closed by the state food safety watchdog in Moscow, August 21, 2014

Businesses Wonder Who's Next After Russia Targets McDonald's

Russia's food safety watchdog says it is investigating sanitary violations, but many businesses believe it is really in retaliation for Western sanctions over Ukraine More


More Economy & Business News

Amid Defiant Russian Sanctions, Serious Doubts About Economic Future

Kremlin hopes import ban on Western food goods will bolster domestic production; experts say that may be wishful thinking
More

Russia Shuts 4 McDonald's Restaurants Amid Ukraine Tensions

Moscow says affected establishments breached sanitary rules; shuttered branches include first to open in Soviet Union
More

Video Company Gets Up Close and Personal With Skyscrapers

Literally climbing walls is cheapest way for engineers and architects to monitor a building’s rehabilitation and upkeep
More

Fading Volatility Promises Long Period of Gold Stagnation

Ultra-calm trading conditions in gold are becoming self-perpetuating
More

Libya Restarts Oil Exports From Biggest Port

Meanwhile, fighting rages in Benghazi as rival factions continue to battle for control of country
More

Fed Officials Debate When to Raise Interest Rates

Key interest rate kept at record-low level to bolster faltering growth and fight high unemployment
More

Ebola Fears Slowing Tourist Flow to Africa

Outbreak putting off thousands of tourists who had planned trips to Africa this year, especially Asians
More

Europe's Food Industry Tries to Compensate for Russian Embargo

Aim is to avoid glut in local European markets, as West and Russia fight an economic war over crisis in Ukraine
More

Business Video

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Nigeria's 'Nollywood' Movie Industry Rolls in High Geari
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Heather Murdock
August 21, 2014 4:54 PM
Twenty years after its birth in a video shop in Lagos, Nigeria's "Nollywood" is one of the most prolific film industries on earth. Despite low budgets and whirlwind production schedules, Nigerian films are wildly popular in Africa and industry professionals say they hope, in the future, their films will be as great in quality as they are in quantity. Heather Murdock has more for VOA from Lagos.
Video

Video Nigeria's 'Nollywood' Movie Industry Rolls in High Gear

Twenty years after its birth in a video shop in Lagos, Nigeria's "Nollywood" is one of the most prolific film industries on earth. Despite low budgets and whirlwind production schedules, Nigerian films are wildly popular in Africa and industry professionals say they hope, in the future, their films will be as great in quality as they are in quantity. Heather Murdock has more for VOA from Lagos.
Video

Video China Targets Overseas Assets of Corrupt Officials

As China presses forward with its anti-graft effort, authorities are targeting corrupt officials who have sent family members and assets overseas. The efforts have stirred up a debate at home on exactly how many officials take that route and how likely it is they will be caught. Rebecca Valli has this report.
Video

Video Ukrainian Businesses Look for Alternatives to Russia

With tensions continuing to rise with Russia, Ukrainian businesses are looking for opportunities elsewhere. VOA's Gabe Joselow reports on the economic changes taking place in Ukraine from the eastern town of Kharkiv, near the Russian border.
Video

Video Concept of ‘Free Legal Help’ Gains Ground in US

Lawyers who offer free legal help for their clients are commonly called "pro bono" lawyers. In recent years, there has been a growing number of law firms that do pro bono work. Elizabeth Lee explains the growing trend for VOA from Los Angeles.
Video

Video Oil Wealth Attracts Businesses to North Dakota

The state of North Dakota has one of the lowest unemployment rates in the country, thanks to a glut of jobs created by the oil boom in the western part of the state, which rests on one of the largest shale oil deposits in the country. As VOA’s Kane Farabaugh reports from Williston, North Dakota, the job market keeps growing as more businesses relocate to North Dakota, attracted by the promise of profits -- but not without challenges.

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