2004-04-09 OPEC and Oil Prices
This is Bob Doughty with the VOA Special English Economics Report. Last week, the Organization of the Petroleum Exporting Countries decided to reduce oil production by about four percent starting…
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This is Bob Doughty with the VOA Special English Economics Report. Last week, the Organization of the Petroleum Exporting Countries decided to reduce oil production by about four percent starting…
This is Bob Doughty with the VOA Special English Economics Report. For fifty years, the business magazine Fortune has published a list of the five-hundred biggest companies in the United…
This is Bob Doughty with the VOA Special English Economics Report. The European Union’s Commission on Competition ruled Wednesday that the Microsoft Corporation has used its powerful market position illegally.…
This is Bob Doughty with the VOA Special English Economics Report. The United States recently reported a record deficit in its current account balance. The current account is a measure…
This is Bob Doughty with the VOA Special English Economics Report. Last Friday, a jury in New York found that businesswoman Martha Stewart lied and tried to interfere with a…
This is Bob Doughty with the VOA Special English Economics Report. Companies often give work to an outside business that can do the job for less money than their own…
This is Bob Doughty with the VOA Special English Economics Report. Discount stores sell goods at low prices. They succeed only if they sell a lot of goods and keep…
This is Bob Doughty with the VOA Special English Economics Report. Takeovers are a common part of business. One company offers to buy a controlling share of stock in another.…
This is Bob Doughty with the VOA Special English Economics Report. Last week, we discussed ways that many small businesses are organized. This week, we examine the structure of big…
This is Bob Doughty with the VOA Special English Economics Report. Businesses are structured to meet different needs. One basic difference involves who is responsible for the business. Another involves…
This is Bob Doughty with the VOA Special English Economics Report. The large American energy services company, Enron, failed two years ago. It had been the seventh largest company in…
This is Bob Doughty with the VOA Special English Economics Report. In December, the Italian food company Parmalat admitted that almost five-thousand-million dollars the company said it had in a…
This is Bob Doughty with the VOA Special English Economics Report. A new report warns that the rising United States budget deficit and trade imbalance threaten world economic security and…
This is Bob Doughty with the VOA Special English Economics Report. Success does not come easily to a small business. The United States Small Business Administration says fifty percent fail…
This is Steve Ember with the VOA Special English Economics Report. The falling value of the dollar has become a major story in international finance. The value of a country’s…