A group of economists has told Democrats in Congress on Tuesday that it might take longer for the recently-passed $787 billion stimulus plan to generate the number of jobs lawmakers and President Barack Obama hoped it would. House Speaker Nancy Pelo...
Egyptian economists are fretting, as the global economic crisis bites, hitting vital sources of government revenue, like tariffs from Suez Canal traffic. The canal authority reported that traffic for January was off by 22 percent, and that revenue w...
President Barack Obama scored his first major political victory with the passage of a $787-billion stimulus package, which he will sign into law this week. Although many economists now agree that a stimulus was needed to jolt the ailing economy, som...
By Terry FitzPatrick Cape Town 05 June 2008 The global food crisis can be solved, and at the same time African countries can prosper, if the world invests in Africa's agricultural sector. That's the assessment of experts meeting this week in South A...
By Peter Heinlein Addis Ababa 30 May 2008 Economists are rapidly lowering growth forecasts for Africa and urging donor countries and lending agencies to increase assistance in light of the recent sharp increases in commodity prices. As VOA's Peter He...
By Heda Bayron Hong Kong 06 June 2007 Several Asian currencies have gained against the U.S. dollar in recent months, and that could hurt the region's main source of economic growth: exports. But as VOA's Heda Bayron reports from Hong Kong, some econo...
By Daniel Schearf Beijing 13 September 2006 Economists have warned that growing trade imbalances between high-income countries such as the United States and export-driven economies such as China could lead to a global recession. The International Mo...
By Tendai Maphosa Zimbabwe 03 August 2006 Days after the Zimbabwe central bank chief made his latest monetary policy statement, economists say it falls short of solving the country's economic problems. They say Zimbabwe needs international help to r...