Category: Бізнес

Argentine Austerity Protests Mount Over Macri-Backed IMF Measures

Labor unions and social groups blocked streets in downtown Buenos Aires on Wednesday, with more marches planned over the days ahead over   austerity measures proposed by the government and backed by the International Monetary Fund. Protesters are angry about the belt-tightening policies, which are cutting services to low-income Argentines already walloped by inflation of 31 …

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US Median Household Income Reaches Record High

The median U.S. household income reached $61,372 last year — its highest level ever, the U.S. Census reported Wednesday. The new median figure, meaning that half of U.S. families earned more money and half less, was a reflection of the robust U.S. economy, the world’s largest, that expanded 4.1 percent in the April-to-June period even …

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US Median Household Income Reaches Record High

The median U.S. household income reached $61,372 last year — its highest level ever, the U.S. Census reported Wednesday. The new median figure, meaning that half of U.S. families earned more money and half less, was a reflection of the robust U.S. economy, the world’s largest, that expanded 4.1 percent in the April-to-June period even …

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S. Korea Jobless Rate Hits Highest Since Global Financial Crisis

South Korea’s unemployment rate hit an eight-year high in August as mandatory minimum wages rose, adding to economic policy frustrations and political challenges for President Moon Jae-in whose approval rating is now at its lowest since inauguration. The unemployment rate rose to 4.2 percent in August from 3.8 percent in July in seasonally adjusted terms …

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S. Korea Jobless Rate Hits Highest Since Global Financial Crisis

South Korea’s unemployment rate hit an eight-year high in August as mandatory minimum wages rose, adding to economic policy frustrations and political challenges for President Moon Jae-in whose approval rating is now at its lowest since inauguration. The unemployment rate rose to 4.2 percent in August from 3.8 percent in July in seasonally adjusted terms …

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Water Shortages to Cut Iraq’s Irrigated Wheat Area by Half

In Iraq, a major Middle East grain buyer, will cut the irrigated area it plants with wheat by half in the 2018-2019 growing season as water shortages grip the country, a government official told Reuters. Drought and dwindling river flows have already forced Iraq to ban farmers from planting rice and other water-intensive summer crops. …

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Water Shortages to Cut Iraq’s Irrigated Wheat Area by Half

In Iraq, a major Middle East grain buyer, will cut the irrigated area it plants with wheat by half in the 2018-2019 growing season as water shortages grip the country, a government official told Reuters. Drought and dwindling river flows have already forced Iraq to ban farmers from planting rice and other water-intensive summer crops. …

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In Posh Bangkok Neighborhood, Residents Trade Energy with Blockchain

Residents in a Bangkok neighborhood are trying out a renewable energy trading platform that allows them to buy and sell electricity between themselves, signaling the growing popularity of such systems as solar panels get cheaper. The pilot project in the center of Thailand’s capital is among the world’s largest peer-to-peer renewable energy trading platforms using …

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In Posh Bangkok Neighborhood, Residents Trade Energy with Blockchain

Residents in a Bangkok neighborhood are trying out a renewable energy trading platform that allows them to buy and sell electricity between themselves, signaling the growing popularity of such systems as solar panels get cheaper. The pilot project in the center of Thailand’s capital is among the world’s largest peer-to-peer renewable energy trading platforms using …

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Indonesia Battles Currency Woes

Policymakers in Indonesia are grappling to deal with a weakened currency, the rupiah, which was valued at just 14,930 per U.S. dollar last week — its lowest point since the 1998 Asian financial crisis. But unlike 20 years ago, when economic turmoil led to major political upheaval in Indonesia, most observers say that Southeast Asia’s …

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Indonesia Battles Currency Woes

Policymakers in Indonesia are grappling to deal with a weakened currency, the rupiah, which was valued at just 14,930 per U.S. dollar last week — its lowest point since the 1998 Asian financial crisis. But unlike 20 years ago, when economic turmoil led to major political upheaval in Indonesia, most observers say that Southeast Asia’s …

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13-Year-Old Kurdish-American Boy Becomes Entrepreneur

United States is a land of opportunity. We have all heard this saying, but what does it mean and how does it happen? A Kurdish-American family in the state of Virginia is seeing how their 13-year-old son has made the most of a unique opportunity. VOA’s Yahya Barzinji recently visited this family and filed this …

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13-Year-Old Kurdish-American Boy Becomes Entrepreneur

United States is a land of opportunity. We have all heard this saying, but what does it mean and how does it happen? A Kurdish-American family in the state of Virginia is seeing how their 13-year-old son has made the most of a unique opportunity. VOA’s Yahya Barzinji recently visited this family and filed this …

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Japan’s Bid to End Whaling Ban is Top Issue at Conference

Japan will once again try to get the international ban on whale hunting overturned at the global conference of the International Whaling Commission (IWC), which opened in Brazil on Monday. The proposal presented by Japan says, “Science is clear: there are certain species of whales whose population is healthy enough to be harvested sustainably.” While …

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Japan’s Bid to End Whaling Ban is Top Issue at Conference

Japan will once again try to get the international ban on whale hunting overturned at the global conference of the International Whaling Commission (IWC), which opened in Brazil on Monday. The proposal presented by Japan says, “Science is clear: there are certain species of whales whose population is healthy enough to be harvested sustainably.” While …

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Canada’s Freeland to Hold NAFTA Talks Tuesday as Time Runs Short

Canadian Foreign Minister Chrystia Freeland will meet U.S. Trade Representative Robert Lighthizer in Washington on Tuesday for another round of talks to renew the NAFTA trade pact, an official said on Monday, as time runs short to seal a deal. Freeland spokesman Adam Austen did not give details. After more than a year of negotiations, …

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Canada’s Freeland to Hold NAFTA Talks Tuesday as Time Runs Short

Canadian Foreign Minister Chrystia Freeland will meet U.S. Trade Representative Robert Lighthizer in Washington on Tuesday for another round of talks to renew the NAFTA trade pact, an official said on Monday, as time runs short to seal a deal. Freeland spokesman Adam Austen did not give details. After more than a year of negotiations, …

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Creditors Warn Greece on Debt Relief as Inspectors Return

Greece’s lead creditor warned the country on Monday not to stray from reforms agreed upon before the end of its international bailout, as European monitors arrived to check the nation’s finances. The five-day inspection is expected to focus on government promises over the weekend to offer tax relief as well as plans to scrap promised …

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Creditors Warn Greece on Debt Relief as Inspectors Return

Greece’s lead creditor warned the country on Monday not to stray from reforms agreed upon before the end of its international bailout, as European monitors arrived to check the nation’s finances. The five-day inspection is expected to focus on government promises over the weekend to offer tax relief as well as plans to scrap promised …

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Zimbabwe Finance Minister: Reviving Economy is ‘Herculean’ Task

Zimbabwe’s new finance minister has described his task of reviving the country’s moribund economy as extraordinarily difficult, but he is hopeful of success. “It’s enormous, it is Herculean. I am very energetic and I am very up to the task. I am starting now, but in the process what I will do is listen,” said …

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Zimbabwe Finance Minister: Reviving Economy is ‘Herculean’ Task

Zimbabwe’s new finance minister has described his task of reviving the country’s moribund economy as extraordinarily difficult, but he is hopeful of success. “It’s enormous, it is Herculean. I am very energetic and I am very up to the task. I am starting now, but in the process what I will do is listen,” said …

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Flush From End of Bailout, Greek PM Announces Tax Breaks

Greek Prime Minister Alexis Tsipras on Saturday unveiled plans for tax cuts and pledged spending to heal years of painful austerity, less than a month after Greece emerged from a bailout program financed by its European Union partners and the International Monetary Fund. Tsipras, who faces elections in about a year, used a keynote policy speech in the northern city …

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Flush From End of Bailout, Greek PM Announces Tax Breaks

Greek Prime Minister Alexis Tsipras on Saturday unveiled plans for tax cuts and pledged spending to heal years of painful austerity, less than a month after Greece emerged from a bailout program financed by its European Union partners and the International Monetary Fund. Tsipras, who faces elections in about a year, used a keynote policy speech in the northern city …

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Trump: Apple Can Avoid Tariffs by Shifting Production to US

President Donald Trump concedes that some Apple Inc. products may become more expensive if his administration imposes “massive” additional tariffs on Chinese-made goods, but he says the tech company can fix the problem by moving production to the U.S. “Start building new plants now. Exciting!” Trump said Saturday in a tweet aimed at the Cupertino, …

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Trump: Apple Can Avoid Tariffs by Shifting Production to US

President Donald Trump concedes that some Apple Inc. products may become more expensive if his administration imposes “massive” additional tariffs on Chinese-made goods, but he says the tech company can fix the problem by moving production to the U.S. “Start building new plants now. Exciting!” Trump said Saturday in a tweet aimed at the Cupertino, …

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Trump Says US, Japan Have Begun Talks on Trade

U.S. President Donald Trump said on Friday the United States and Japan have begun discussion over trade, saying that Tokyo “knows it’s a big problem” if an agreement cannot be reached, and that India has also asked to start talks on a trade deal. “We’re starting that,” Trump told reporters aboard Air Force One. “In …

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