Category: News
-
China’s EV sales surge in 2024; foreign automakers struggle in shifting market
Domestic sales of all types of electric vehicles rose by 40% in 2024; sales of gasoline powered cars tumbled, including foreign imports
-
Ethiopia relaunches securities exchange to lure investors
The exchange returns after a 50-year absence
-
Past US presidents had hard time downsizing government
President-elect Donald Trump wants to slash government spending. A proposed advisory commission called the Department of Government Efficiency will lead the effort. It’s not a new concept. American leaders have tried to reduce the role of government almost since the beginning.
-
Trump energy plans complicated by tariffs, global competition
A different approach to energy is at the center of President-elect Donald Trump’s promise to bring down the cost of living for Americans. But as VOA’s Congressional Correspondent Katherine Gypson reports, Trump’s plans could be complicated by a complex global interdependence on oil and gas supplies.
-
Internet is rife with fake reviews; will AI make it worse?
Fake reviews are found across a wide range of industries, from e-commerce, lodging and restaurants, to services such as home repairs, medical care and piano lessons
-
Treasury secretary to Congress: US could hit debt limit in mid-January
Janet Yellen says her agency will need to employ accounting maneuvers intended to prevent nation from breaching debt ceiling as early as January 14
-
Brazil views labor violations at BYD site as human ‘trafficking’
Rio de Janeiro, Brazil — Authorities in Brazil said Friday they are probing Chinese auto giant BYD and one of its contractors for suspected “trafficking” of Chinese workers building a factory in the South American country. Federal prosecutors in Brazil are weighing possible criminal action after labor inspectors found 163 Chinese workers “in slave-like conditions” at…
-
World Bank raises China’s GDP forecast for 2024, 2025
World’s second-biggest economy has struggled this year
-
China, Japan foreign ministers meet and agree on visit, security dialogue
The one-day visit is Takeshi Iwaya’s first to Chinese capital since becoming Japan’s foreign minister in October, to discuss thorny issues with his country’s largest trading partner
-
Big banks, business groups sue US Federal Reserve over annual ‘stress tests’
In bold move challenging regulators’ powers, plaintiffs allege US central bank’s ‘stress tests’ of Wall Street firms violate the law