President Dmitri Medvedev's proposal to extend the presidential term of office in Russia from four years to six is sailing through the constitutional amendment process with virtually no input or discussion about this issue by the public. VOA Moscow...
U.S. Treasury Secretary Henry Paulson has defended his handling of the $700 billion financial bailout package. Paulson spoke Thursday at the Ronald Reagan Presidential Library in Simi Valley, California, and Mike O'Sullivan reports, he called for ca...
World markets were mostly lower amid further evidence of economic hardship in the United States and a slowing global economy. From Washington, VOA's Michael Bowman reports. Traders at New York Stock Exchange, 20 Nov 2008 The number of Americans look...
Pacific Rim leaders are preparing for their annual economic summit - a meeting sure to be dominated by the need for action to deal with the global financial crisis. VOA White House correspondent Paula Wolfson looks ahead to this year's APEC forum in...
The government of Zimbabwe has told a group of eminent individuals, including former United Nations Secretary General Kofi Annan, to postpone a planned visit to the country. VOA's Delia Robertson reports from our southern Africa bureau in Johannesbu...
Following big losses in Asia, Europe is faring little better on equity markets. Persistent recession fears and new layoff announcements are contributing to the gloom as VOA's Tom Rivers reports from London. Current bad economic news seems to be echo...
Secretary of State Condoleezza Rice and Defense Secretary Robert Gates were on Capitol Hill Wednesday briefing U.S. lawmakers on the security agreement now being considered by Iraq's parliament. VOA's Dan Robinson reports, members of Congress contin...
Russian Prime Minister Vladimir Putin says the global economic crisis tests the stability of all countries, including his own. Mr. Putin is expressing confidence that Russia has adequate financial resources but as VOA Moscow Correspondent Peter Fedy...
Democratic Party officials say former U.S. Senate Majority leader Tom Daschle has accepted President-elect Barack Obama's offer to be Secretary of Health and Human Services in the incoming administration. Obama's transition team has also signaled th...
Six Nigerian soldiers have been sentenced to life imprisonment for selling guns and other weapons to militants and criminals in the Niger Delta. Prosecutors said the arms sales had contributed to the violence in the oil-rich region. For VOA, Gilbert...
South Korean scholars say the incoming administration of Barack Obama should correct some mistakes - but also preserve some diplomatic strengths - of the Bush presidency when dealing with North Korea. VOA's Kurt Achin has more from Seoul. A senior U...
Top executives from the three major U.S. automakers pressed Congress for aid to prevent their beleaguered industry from collapsing and causing additional harm to the U.S. economy. Lawmakers are considering an aid package to automakers, but prospects...
Democratic leaders in Congress say they will use their strengthened majority to pursue bipartisan solutions to U.S. economic problems. VOA's Dan Robinson reports, Democrats spoke to reporters late Tuesday after finalizing party leadership positions...
Oil prices are now more than 60 percent off their record highs in July. Although it still remains above $50 a barrel, in Asia, consumers and governments are benefitting from the decline. VOA's Kate Pound Dawson in Bangkok takes a look at what cheape...
In testimony to Congress, the U.S. treasury chief and central bank chairman have strongly defended their management of the $700 billion financial and credit market rescue program. VOA's Dan Robinson reports from Capitol Hill, where the officials fac...