November 24, 2014 16:01 UTC

Business

Filipino Fishermen Turn to Fiberglass for New Boats

fiberglass boat

11/23/2014
After a typhoon seriously damaged forests, the fishermen needed to find other materials to rebuild their boats. Is fiberglass the answer? They use a sledgehammer to answer that question. The fisherman used it to hit the sides of the fiberglass boats to see if the new boats were as strong. More

Video Farm Visitors Increase Farm Profits

In 2012, people spent $700 million on agri-tourism in the United States, a large increase from five years earlier. Fun on the farm is in full swing across the United States, as many farms host festivals and other activities to attract tourists. VOA visited Montpelier Farms in Maryland.

Audio China Opens Shanghai Stock Market to Hong Kong

The trading plan lets investors trade shares in either stock exchange. Some officials called the move a major breakthrough in opening China’s financial markets. Trading in a limited number of shares will be limited to $3.8 billion a day. However, the total value of the trade is relatively small.

Audio Billionaires Grow in Numbers, Influence

Author of new book on the super-rich says billionaires “are shaping the world for the better and sometimes for the worse.” Many support political campaigns, candidates and issues. But another writer claims American billionaires are not as powerful as some people believe. | As It Is

Audio Experts Weigh China's Proposed Development Bank

The Chinese government launched the Asian Infrastructure Bank late last month. The United States and other nations have expressed concern about the bank’s openness. Some observers say the United States should consider joining the new bank instead of ignoring it.

Video Need a Ride? Share a Bike

People can rent many different things today: cars, apartments, party dresses -- even surf boards to ride the waves. People handle these rentals between and among themselves. They do not need to involve any company. This system is called the sharing economy.

Audio Low Prices Cause Kenyan Farmers to Change Tea Crop

Frustrated by the low prices of tea, farmers near Mt. Kenya have started growing a new “purple tea" to try to increase profits. But experts say there might not be any demand for it..yet. One farmer says he may stop growing tea and start growing cabbages if the market does not improve. | As It Is

Video Why are so Many US Lawyers Leaving Law?

"What do you want to be when you grow up?" is a question not just for kids. For more and more lawyers in the US, this is a question they are asking themselves after deciding to walk away from careers in law. VOA spoke with two former lawyers who started new careers -- in writing and baking.

Audio Is Younger Generation Hurting Taiwan’s Competitiveness?

A Taiwanese public official recently voiced concern that young people in Taiwan are more likely to prefer a safe job to starting their own business. This way of thinking is different from that of their parents and modern mainland Chinese. Experts say this could threaten Taiwanese business startups.

Audio Five Illegal Job Interview Questions in the US

Finding a good job is difficult enough. Add to that the fact that employers may ask some very personal questions during a job interview. In the United States, it is illegal for employers to raise some of these issues. See how they compare to job interviews in your country.

Video Ghana's Bamboo Bikes Hit the Streets

Bicycle frames are usually made out of materials like carbon fiber, steel or aluminum. But in rural Ghana, a businessman has developed another way to make bicycles from a natural product -- bamboo. The wooden bike parts are sent Ghana to Germany, the Netherlands and Australia. | As It Is

Audio Wealth, Poverty Are Issues in Hong Kong Protests

The pro-democracy protests in Hong Kong are mainly about the right to vote without interference from China’s central government. But there are at least two other less talked-about issues. One is concern about the rising cost of living in Hong Kong. Another is the gap between rich and poor.

Audio Luxembourg Set to End Bank Secrecy

European Union finance ministers have reached an agreement that will make it more difficult for tax avoiders to hide their money. The new legislation was approved last week after Luxembourg and Austria agreed to lift their vetoes. Countries known as tax havens had blocked the bank secrecy laws.

Audio French Economist Wins Nobel for Studies in Market Rules

Economists have studied how markets work for a long time. Generally, they work well. But markets do not always perform as expected. Jean Tirole of France won the Nobel Prize in Economics for studying why markets are imperfect, or inefficient, and what governments can do to regulate them.

Audio Chinese Firm Pays Record Price for Waldorf Astoria

The $1.95 billion deal with Anbang Insurance Group is the highest price ever paid for a U.S. hotel. Other Chinese buyers have also spent $22 billion on real estate investment in the U.S. for the twelve-month period ending in March 2014. In the 1980s, Japanese companies also bought US properties.

Video Long Drought Affects Farmers in Southwestern US

Parts of the southwestern American states of Texas and Oklahoma have experienced severe dry weather for several years. This drought has affected the growth of cotton and grains. The governor of Oklahoma says the state has suffered two billion dollars in agricultural losses since 2011.

Audio Vietnam Seeks to Build High-Tech Exports

Vietnam may not have its own center for high-tech businesses like Silicon Valley in the U.S. state of California, but the country is becoming more important in the worldwide manufacturing system. The country has even attracted major technology companies like Microsoft, Samsung, and Intel.

Audio Ebola Outbreak Also Harms Economies

World Bank President Jim Yong Kim says the Ebola outbreak threatens West African economies noting other outbreaks that have created high economic losses.

Video New Beer Made From Old Bone

What happens when a beer-drinking bone digger and a creative scientist team up? Beer made with a really, really, really old ingredient. That’s what happens.

Audio Rich People Get Their Own Facebook

A new social media site, Netropolitan, promises to be more exclusive by only permitting people who are rich to join. Users must pay $9,000 to join. This includes a $6,000 entry fee plus $3,000 for the yearly membership fee.

Learn with The News

  • fiberglass boat

    Video Filipino Fishermen Turn to Fiberglass for New Boats

    After a typhoon seriously damaged forests, the fishermen needed to find other materials to rebuild their boats. Is fiberglass the answer? They use a sledgehammer to answer that question. The fisherman used it to hit the sides of the fiberglass boats to see if the new boats were as strong. More

  • Brazil Religion in Latin America

    Audio Latin America Catholics Converting to Protestants

    Almost 40 percent of the world’s Catholic population, or about 425 million people, lives in Latin America. But a recent study from the Pew Research Center says people in Latin America have increasingly lost faith in the Catholic Church. Membership has decreased as much as 20 percent. More

  • This undated handout image provided by Science and the University of Tokyo shows infectious particles of the avian H7N9 virus emerging from a cell.

    Audio What's the Matter?

    From the very big to the very small, everything in our universe is made up of matter. Matter is one of those very hardworking words that you need to master ... no matter what. We will get you to the hear of the matter with this Words and Their Stories. More

  • Cambodia's Prime Minister Hun Sen (L) stretches to shake hands with China's President Xi Jinping before a meeting at the Great Hall of the People in Beijing, November 7, 2014. REUTERS/Jason Lee/POOL

    Audio Cambodian Opposition Criticize Dependence on Chinese Aid

    China’s government recently promised more than $500 million in aid to Cambodia. Cambodian officials say they need about $1 billion in foreign aid each year to operate the government. Opposition members are worried about the country becoming too dependent on aid money from China. More

  • Obama Immigration

    Video Republicans Promise to Fight Obama on Immigration

    Republican Party lawmakers are promising to fight President Barack Obama’s executive order on immigration. The order protects millions of people who have been living in the United States illegally. The president’s announcement immediately angered Republicans in the U.S. Congress. More

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