US Federal Reserve cuts interest rate but adjusts expectations for future
The U.S. Federal Reserve on Wednesday lowered its target interest rate but signaled it might take longer than previously expected to bring inflation down to the central bank’s target rate of 2% per year. That means there will likely be…
Kenyan president strongly defends animal vaccination program
NAIROBI, KENYA — Kenya’s president said Tuesday that a mass livestock vaccination campaign will continue despite fears of some herders and farmers that the inoculations will somehow hurt their animals. Kenyan President William Ruto lashed out at those objecting to…
VOA Kurdish: Syrian currency gets boost in value, but prices remain high
After the fall of the regime of Bashar al-Assad, the value of the Syrian currency increased against the U.S. dollar, but the price of goods remains high. Residents say that traders are exploiting this situation and that official monitoring institutions…
G20 watchdog urges governments to address non-bank financial risks
ZURICH — The Financial Stability Board (FSB) on Wednesday pitched recommendations for governments to reduce risks around hedge funds, insurers and other non-bank financial intermediaries, which now account for almost half of global financial assets. The sector of non-bank financial…
Nissan, Honda confirm talks on closer collaboration but say there’s been no decision on a merger
BANGKOK — Japanese automakers Nissan Motor Corp. and Honda Motor Co. confirmed Wednesday that they are discussing closer collaboration but denied reports they have decided on a merger. Nissan’s share price soared more than 22% in Tokyo after reports citing…
Japan targets 40-50% power supply from renewable energy by 2040
Tokyo — Japan wants renewable energy to account for up to 50% of its electricity mix by fiscal year 2040 with nuclear power taking up another 20%, according to a draft of its revised basic energy policy, as it makes…
Labor organization: International migrants play crucial role in global economy
GENEVA — Migrants play a crucial role in the global economy by filling essential jobs in foreign countries and sending much-needed remittances to their home countries, according to a report released Monday by the International Labour Organization. The report’s release…
First salmon in century reach Oregon’s Klamath Basin after dam removal
On the U.S. West Coast, conservationists for the world’s largest dam-removal project are both celebrating initial successes and encountering short-term obstacles. VOA’s Matt Dibble has our story from the Klamath River on the border between California and Oregon. Source: voanews.com
After losing beloved lake, a community navigates its future
In the Pacific Northwest, the world’s largest river restoration project has removed hydroelectric dams from the Klamath River to help migrating salmon. The project emptied a lake beloved to its surrounding community. VOA’s Matt Dibble went to the former Copco…
Trump promises lower prices, more oil for US economy
The economy was one of the biggest issues for voters in this year’s U.S. presidential election. As they await Donald Trump’s return to power, many Americans say they expect improving the economy will be one of his first priorities. VOA…