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Posts published in “Business”

VOA Interview: US Ambassador to UN Linda Thomas-Greenfield

Ambassador Linda Thomas-Greenfield returned to public service earlier this year when President Joe Biden nominated her to be the representative of the United States to the United Nations.The veteran diplomat had a 35-year career with the U.S. foreign s...

More Than 130 Countries Reach Deal on Corporate Minimum Tax

More than 130 countries have agreed on sweeping changes to how big global companies are taxed, including a 15% minimum corporate rate designed to deter multinationals from stashing profits in low-tax countries.The deal announced Friday is an attempt to...

A New Type of Black Gold in Nigeria: Used Car Tires

IBADAN, NIGERIA. — In Nigeria, a country heavily reliant on revenues from its oil exports, entrepreneur Ifedolapo Runsewe has identified another type of black gold: used car tires.She has set up Freetown Waste Management Recycle, an industrial plant de...

Lack of Funds Will Force Aid Cuts to DRC, UN Official Says

GENEVA — A U.N. official says a funding shortage means humanitarian aid will have to be cut for many of the nearly 10 million people in Democratic Republic of Congo facing multiple crises because of lack of money.Conflict in the eastern DRC has forced ...

Volcanic Grit, Water Shortage Threaten La Palma’s Banana Crop

LOS LLANOS DE ARIDANE, SPAIN — "It's worse than a plague," said Pedro Antonio Sanchez, fuming over the volcanic grit coating his bananas, the main source of wealth on the Canaries' island of La Palma."It's worse than a pest or disease because it scratc...

Google to Invest $1 Billion in Africa Over Five Years

LAGOS — Google plans to invest $1 billion in Africa over the next five years to ensure access to fast and cheaper internet and will back startups to support the continent's digital transformation, it said on Wednesday.The unit of U.S. tech company Alph...