Nations are reacting to the Asia-Pacific free trade agreement reached by the United States and 11 nations in the area. The agreement has taken years to negotiate. President Obama has voiced strong support for the measure while U.S. lawmakers have reacted cautiously to the complex agreement.
The Word Economic Forum released its latest Global Competitiveness Report this week. There was little change among the top countries. But one economist says top countries are leading in what she calls the human factor. Find out what that means.
Counterfeit goods, or false versions of products, may cost the government of Kenya as much as $1 billion each year. The fake goods also hurt business owners who find it hard to keep customers. But information technology is being used to try to stop the problem.
Many Americans love the taste and smell of Southern cuisine. Such as macaroni and cheese, fried chicken and waffles, burgers and fries. Now, men and women from townships and villages in South Africa are being trained to cook some of these dishes at an inner-city Johannesburg restaurant.
Government agencies partner with farmers and private groups to create plans to move bison so the animals can eat without damaging the land. The land is healthier, and profits increase. | As It Is
The U.S. Environmental Protection Agency says computer software in some Volkswagen vehicles gave misleading information in pollution tests. The software problem could affect 11 million vehicles around the world.
The government of President Dilma Rousseff has announced additional cost-cutting measures and new taxes. The announcement comes after a major rating agency lowered Brazil’s credit rating. However, the cuts and taxes face opposition in Congress.
In the 1960s, Richard Branson quit high school and started a magazine. He hoped he could change the world by using the magazine to protest the Vietnam War. Fifty years later, Mr. Branson is visiting Vietnam to tell people they can change the world in another way.
The Southeast Asian nation hopes to add higher-value industries to its economy. The country could become a bigger part of the factory supply chain, making headlights for cars, for example. One economist says Vietnamese private business needs more access to land and finance.
As markets show weakness, U.S. and Japanese officials have called for talks on China’s economy at the G-20 meeting in Turkey. The U.S. government is urging China to be more open in discussing its policy plans.
Kenya is facing high unemployment rates. Recent college graduates face a difficult time in finding a job. Now, more and more Kenyan university graduates are planning to start pursuing agricultural business -- 'agribusiness'-- as way to have their own business and make money.
An American expert on China says the Chinese government is not influencing information about the country’s economic growth. He believes that the economy is changing quickly. And he says the ways of measuring new economic activity is unable to keep up with the changes.
China’s stock market has dropped by more than 40 percent since June. Signs of a slowing economy in China have had effects on other stock markets and raised questions of whether measure to increase growth are enough.
The Shanghai Composite dropped 8.5 percent, marking the sharpest fall China has seen since 2007. Stock markets in the U.S., Asia and Europe responded to China's drop Monday. Observers warn changes in global markets are likely to continue.
Developing countries in Asia are building businesses and homes, but not enough trains, roads, and bridges. Some new bank programs are beginning to loan money for the purpose of building the needed facilities.
Greece made a debt payment of $3.5 billion to the European Central Bank. Greek Prime Minister Alexis Tsipras resigned calling for new elections on Sept. 20th. And the International Monetary Fund decides to delay including China’s currency, the yuan, as a special reserve currency form.
Asia produces about 40 percent of global economic activity. Conservation group urges countries to work together to save endangered coral reefs, plants and animals in the area. But leaders say it will not be easy for businesses to put off short-term profits for long-term gains.
The social media company Facebook has opened its first African headquarters in Johannesburg, South Africa. Facebook representatives recently gathered in the city to celebrate the opening of the new office. They hope it will bring new users to the site and grow opportunities for users and businesses.
After a year of increases, stock prices in China had a correction, a sudden drop in price. The Chinese government has put in place a number of measures to support prices including lending money for stock purchases. But some question how much the stock market will affect the economy.
After 10 years of international success, a Japanese rock band records its first album in both its native language and English. They begin performing around the United States this fall. More
The suspension comes less than two weeks after Swiss attorneys opened a criminal investigation against Blatter. He is charged with possible involvement in a $2 million payment in 2011 to Michel Platini, the head of the Union of European Football Association. More
Svetlana Alexievich of Belarus has won the Nobel Prize in Literature. The Nobel Prize committee in Stockholm, Sweden, called her writings “a monument to suffering and courage in our time." More
Four Russian cruise missiles fired from a Russian ship crashed in Iran. The cruise missiles were intended to reach Syria. Russia launched its missiles in the Caspian Sea. The Russian Defense Ministry has denied that any of the missiles had fallen short of their targets. More
The United Nations Conference on Trade and Development deals with trade and development issues. It has called for measures to strengthen international finance including more support for the International Monetary Fund and development banks. More
Crowdfunding sites can help start profitable businesses or help people in need. More
Many people around the world suffer from dust-related allergies. People with allergies have trouble breathing or suffer from tightness in the chest and shortness of breath. Now, scientists in Poland say they have successfully tested cloth that the microscopic creatures cannot pass through. More
A new study suggests that selling only cigarettes with very low nicotine levels may actually help people stop smoking. Researchers studied more than 800 smokers. However, cigarette replacements, like e-cigarettes, have not reduced nicotine addiction or tobacco use. More
Do you have an enemy? Hopefully, you don’t. An enemy is someone who hates you and you hate them back. An enemy threatens you, attacks you or tries to harm you. In some languages, there are different words for a personal enemy versus an enemy of war, political enemy or enemy of the state. More
When we want to compare things we use comparative and superlative forms. Find out some of rules and exceptions of these important forms in Everyday Grammar for this week. More
Confessions of an English Learner blog