2018-06-04 Vietnam Is Following China in its Economic Development
Experts say Vietnam is copying China in its efforts to grow economically and is only about 10 years behind its larger neighbor. In many ways, the two countries are competitors.…
2018-06-01 US Tariffs Raise Fears of Trade War with American Allies
The United States says it will require tariffs on steel and aluminum imports from Europe, Mexico and Canada. U.S. officials announced the tariffs are a result of their failure to…
2018-05-02 Trump Administration Delays Tariffs on Some Countries
U.S. President Donald has extended a period in which some countries will not pay import taxes, or tariffs, on some products. His administration says it is giving trade negotiators 30…
2018-04-13 Turkey’s Economic Policies Cause Its Money’s Value to Drop
The value of Turkish money, called the lira, hit another historic low compared to the U.S. dollar on Tuesday. Among the reasons for the drop is that currency traders are…
2018-03-09 11 Nations Sign Trans-Pacific Trade Deal Without US
Eleven countries in the Pacific region have signed a major Asia-Pacific free trade agreement in Santiago, Chile. The deal is a new version of the Trans-Pacific Partnership from which the…
2018-03-08 Jeff Bezos: the World’s First 100-Billion-Dollar-Man
Over the past 12 months, an American businessman became the world’s first 100-billion-dollar man. But Donald Trump’s wealth sank during his first year as president of the United States. Those…
2018-03-03 Trump: Trade Wars Are Good, Easy to Win
President Donald Trump is defending his plan to raise taxes on steel and aluminum imports entering the United States. Trump declared on Friday that “trade wars are good, and easy…
2018-02-12 World’s Richest Lose $100 Billion in Week of Stock Drops
U.S. stocks suffered their worst losses in years last week. Among the biggest losers were the world’s top billionaires. Financial experts blamed the first major drop last Monday on investor…
2018-01-27 Trump in Davos: ‘America First’ Does Not Mean ‘America Alone’
United States President Donald Trump repeated his ‘America First’ message in a speech Friday to the World Economic Forum in Davos, Switzerland. But he said although his policies seek to…
2018-01-22 US Policy May Cause Trade War with Chinese Internet Companies
Americans are still talking about a decision by the government to overturn its policy of net neutrality. The Federal Communications Commission, or FCC, voted to end rules meant to prevent…
2018-01-16 China’s Silk Road Plan Facing Problems
China’s plan for a modern Silk Road linking Asia and Europe hit a pothole recently in Pakistan. Pakistan and China have good relations; some Pakistani officials even call China their…
2017-11-03 Report: Asia Now Has More Billionaires than US
A new report finds that for the first time, Asian billionaires outnumber those in the United States. The number of Asian billionaires rose by nearly one quarter in 2016 to…
2017-10-20 Forbes: Trump’s Wealth Suffers Major Drop Since Presidency
President Donald Trump’s wealth saw a major drop in the last year, mainly because some of his properties decreased in value. American business magazine Forbes says Trump’s net worth fell…
2017-10-11 American Wins Nobel Prize in Economics
American economist Richard Thaler has won the 2017 Nobel Prize for Economics. Thaler was recognized for his work as a behavioral economist. That means he studies the reasons behind the…
2017-10-11 Study: US Immigration Policies Will Hurt Michigan’s Economy
Around the year 2000, a Bangladeshi immigrant named Shaker Sadeak left New York City. Sadeak moved west to the American state of Michigan. He told VOA that Michigan gave him…