China says it’s ‘doing its best’ to push for tariff negotiations with EU
BEIJING — China has been “doing its best” to push for negotiations with the European Union over its tariffs on Chinese-made electric vehicles, a commerce ministry spokesperson said on Thursday, almost four months after the punitive import curbs took effect….
Solar refrigerators in Kenya reduce food waste
NAIROBI, KENYA — Milk and egg vendor Caroline Mukundi has lost a lot of her stock in her years of selling fresh food at a Nairobi market. Mukundi said she had no way to keep food fresh, and the cost…
Economists weigh in as US inflation rises
Inflation in the United States increased in January as prices of food, gasoline and housing, among others, continued to rise. VOA correspondent Veronica Balderas Iglesias talked to economists about what the Trump administration can do to bring prices down. Source:…
Global benchmarks trade mixed as investors continue to eye Trump
Tokyo — Global shares traded mixed on Monday as investors continued to watch economic data and policy moves from U.S. President Donald Trump, as both are likely to impact upcoming central bank moves. France’s CAC 40 dipped nearly 0.1% in…
Breakfast is booming at US restaurants. Is it also contributing to high egg prices?
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch…
China’s fuel demand may have passed its peak, IEA says
London — China’s demand for road and air transport fuels may have passed its peak, the International Energy Agency (IEA) said Thursday, citing data showing that the country’s consumption of gasoline, gasoil and jet fuel declined marginally in 2024. Combined…
Trump pushes for lower interest rates alongside reciprocal tariffs
WASHINGTON — As his trade advisers finalized plans to enact reciprocal measures on every country that charges duties on U.S. imports, President Donald Trump announced Wednesday he will push for lower interest rates alongside his tariff policies. “Interest Rates should…
Zimbabwe to pay displaced, foreign white farmers
HARARE, ZIMBABWE — Zimbabwe’s government said Wednesday it will compensate foreign investors who lost assets in the country’s controversial land reforms in the early 2000s but were protected by bilateral investment protection agreements. Zimbabwean Finance Minister Mthuli Ncube said in…
Cost of groceries, gas goes up as US inflation worsens
WASHINGTON — U.S. inflation accelerated last month as the cost of groceries, gas and used cars rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay any further interest rate…
EU, Canada vow to stand firm against Trump’s tariffs on metals
The 27-nation European Union and Canada quickly vowed Tuesday to stand firm against U.S. President Donald Trump’s move to impose 25% tariffs on their steel and aluminum exports, verbal sparring that could lead to a full-blown trade war between the…