Economy & Business

Axel Kicillof, Argentina's economy minister, addresses member of the news media after a negotiation session at the Argentinean Consulate in New York, July 30, 2014.

Argentina, US Creditors Fail to Reach Deal; Default Imminent

This will mark the second time in 13 years Argentina has defaulted on its debt More

FILE - A man drives his convertible car beside the Maltese-flagged 'Thomson Dream' cruiser docked at Havana's port.

Cuban Tourism Industry Stalls in 2013; Up 3.9 Percent Through June

Statistics seen as latest indication of general slowdown in country's economy More

Video Trade, Investment, Growth Are Key Issues at US-Africa Summit

African business leaders visiting key US energy and transportation facilities, seeking ideas and contacts to solve problems and speed economic development More

A sign showing the logo of Russia's VTB Bank is seen along a road in Moscow, July 17, 2014.

Russia Lashes Out at Latest Western Sanctions

Foreign Ministry calls new measures targeting Russian energy, defense, technology and finance sectors ‘destructive and short-sighted’ More

A farmer works his field on the outskirts of the capital Bangui, Central African Republic, March 22, 2014.

African Small Farmers Could Be Key to Ending Food Insecurity

Experts say providing access to microloans, crop insurance, better storage facilities, irrigation, road systems and market information could enable greater production More


More Economy & Business News

Sources: Russian Bank Subsidiaries in EU to Escape Sanctions

Exemption, which EU officials say they will monitor closely to avoid abuse, mean Sberbank and VTB subsidiaries can operate normally within EU member states
More

Video US Economy Rebounds Strongly in 2nd Quarter of 2014

update Report attributes expansion to businesses stocking up, increased spending by state and local governments, and growing US exports
More

Russia Bans Polish Fruit, Veggies in Apparent Retaliation for Sanctions

Moscow, which buys more than 2 billion euros worth of EU fruit and vegetables a year, says ban was for sanitary reasons
More

Time Almost Up for Argentina, US Bondholders in Debt Talks

South American nation has until end of Wednesday to either pay in full 'holdout' hedge funds, cut a deal or win a stay on court order that triggeered deadline
More

Consultants' Trial in China Highlights Perils of Business Investigations

Case highlights the increasing enforcement of China’s privacy protections, making it difficult for companies to research potential business partners, investments
More

EU Sanctions Against Russia – Who Will Feel the Pain?

Experts debate potential impact of latest measures on both Russia and Europe
More

Yukos Shareholders: Ready to Discuss $50B Compensation With Russia

Russia's economy on brink of recession, and says it will appeal ruling by Dutch-based panel, which judges private business disputes
More

Planning Post-2015 Development

UNDP official calls for investing in people
More

Business Video

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US Economy Rebounds Strongly in 2nd Quarter of 2014i
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Mil Arcega
July 30, 2014 11:38 PM
The U.S. economy grew at rapid pace from April to June, rebounding at an annualized pace of four percent after a dismal winter that saw the nation’s gross domestic output shrink more than two percent. An upbeat President Obama says that’s no surprise. But others are taking a wait and see approach. VOA's Mil Arcega has more.
Video

Video US Economy Rebounds Strongly in 2nd Quarter of 2014

The U.S. economy grew at rapid pace from April to June, rebounding at an annualized pace of four percent after a dismal winter that saw the nation’s gross domestic output shrink more than two percent. An upbeat President Obama says that’s no surprise. But others are taking a wait and see approach. VOA's Mil Arcega has more.
Video

Video Immigrant Influx on Texas Border Heats Up Political Debate

Immigrants from Central America continue to cross the U.S.-Mexico border in south Texas, seeking asylum in the United States, as officials grapple with ways to deal with the problem and provide shelter for thousands of minors among the illegal border crossers. As VOA's Greg Flakus reports from Houston, the issue is complicated by internal U.S. politics and U.S. relations with the troubled nations that immigrants are fleeing.
Video

Video Study: Latino Students Most Segregated in California

Even though legal school segregation ended in the United States 60 years ago, one study finds segregation still occurs in the U.S. based on income and race. The University of California Los Angeles Civil Rights Project finds that students in California are more segregated by race than ever before, especially Latinos. Elizabeth Lee reports for VOA from Los Angeles.
Video

Video Trade, Investment, Growth Are Key Issues at US-Africa Summit

Business leaders from African nations are visiting key U.S. energy and transportation facilities, seeking ideas and contacts to solve problems that slow economic development. It is an effort to boost U.S. investment in Africa and increase economic growth and employment on both sides of the Atlantic. Trade and investment issues are an important part of a summit between President Barack Obama and many African leaders that will take place early in August in Washington. VOA’s Jim Randle reports.
Video

Video Young African Leaders Network With Private-Sector Representatives

U.S. Agency for International Development Administrator Rajiv Shah says his agency will commit nearly $38 million to help set up four regional leadership centers in Africa to make sure there is continuity in the Young African Leaders Summit taking place this week in Washington. VOA's Mariama Diallo reports from Washington

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