Republicans, Democrats Put Own Spin on ‘Occupy’ Protests

The “Occupy” protests around the United States have provided another opportunity for the Democratic and Republican parties to voice their differences.  To the dismay of the protesters, both parties show signs of trying to sway public sentiment about the demonstrations in their favor.

Greeks Look to Sun for Economic Salvation

Every year, millions of tourists flock to Greece for one reason: sunshine. But now the Greeks and their German neighbors to the cloudier, richer north are looking skyward for economic rays of light.

Obama Calls Merkel About Eurozone Crisis

U.S. President Barack Obama has called German Chancellor Angela Merkel to discuss the latest developments in the eurozone crisis. The White House said that in the telephone talk on Friday President Obama and Chancellor Merkel also discussed preparations for the G20 summit next month in France.

Asia Floods Take Heavy Toll on Local Economies

Floodwaters in central Thailand have inundated industrial parks and manufacturing centers, adding to the mounting economic costs of the disaster.  Cambodia, Vietnam and Laos are also continuing to tally the cost of heavy flooding that has claimed hundreds of lives.

Obama Factory Visit Highlights Korea Trade Agreement

President Barack Obama used a factory visit on Friday to highlight benefits for U.S. workers and the economy of the free-trade agreement with South Korea ratified by Congress this week.  President Obama brought South Korea’s president with him on a tour of a General Motors plant in the midwest state of Michigan. The visit was

Clinton: China ‘Gaming’ World Trading System

Secretary of State Hillary Clinton, in an economic speech Friday, called for a level playing field in world trade while lamenting what she said were efforts by China to “game” the global trading system to its advantage. She appealed for an end to partisan paralysis in Washington over economic policy. In her speech to the

Apple Fans Throng Stores for Newest iPhone

Shoppers camped out at stores in seven nations on Friday so they could be first to buy the newest version of Apple’s iPhone. Listen to VOA’s JulieAnn McKellogg’s report from London The “iPhone 4s” was developed under the guidance of Apple co-founder Steve Jobs, who died last week after a long battle with cancer. The

G20 Ministers Gather in Paris to Address World Economy

Finance ministers and central bankers from the Group of 20 leading economies are in Paris Friday and Saturday to find ways to strengthen the world’s ailing economy and staunch Europe’s financial crisis. Europe received one piece of good news this week as Slovakia became the last country to ratify expanding a key bailout fund for

Report: Africa in 50 Years Time

A new report says African countries could become a dominate force in global trade over the next 50 years. The African Development Bank says their economic future depends on taking advantage of innovation, new technologies and natural and human resources. Chief bank economist Mthuli Ncube says the report , Africa in 50 Years Time, is

Strike Threatens to Close Indonesian Gold, Copper Mine

Indonesia’s economy is flourishing, largely because of its vast natural resource wealth. But tensions between mining companies and the communities in which they operate have flared up across the country this year. Analysts say inequality and ongoing strikes in West Papua could cause the closure of the one of the largest gold and copper mines