Aid groups say a humanitarian crisis in the eastern Democratic Republic of Congo will likely intensify, now that rebels have taken the city of Goma. The World Food Program says aid workers are now taking shelter in its compound in Goma, which is protected by U.N. peacekeepers. It says its operations for internally displaced people […]
Aid Group Warns of New Food Crisis in Somalia
Posted July 5th, 2012 at 6:05 am (UTC-5)
Save the Children is warning that poor rainfalls and conflict threaten to push hundreds of thousands of Somalis back into hunger, just months after the country recovered from a devastating famine. The organization’s spokesperson, Andrew Wander, told VOA poor rains will likely delay the upcoming harvest in south-central Somalia, which was the hardest hit by […]
German Leader Pressed to Soften Austerity Stance on Greece
Posted May 23rd, 2012 at 8:10 pm (UTC-5)
German Chancellor Angela Merkel faced pressure Wednesday in Brussels to soften her economic austerity stance that threatens to push Greece out of the euro currency zone. Leaders of 27 European Union countries discussed ideas on how to spur economic growth across the bloc and solve the European currency crisis during a dinner summit in the […]
EU Leaders Focusing on Eurozone Crisis at Summit
Posted May 23rd, 2012 at 2:30 pm (UTC-5)
Leaders of the 27 nations that comprise the European Union have opened a summit aimed at solving the bloc’s debt crisis. The dinner summit in Brussels Wednesday will be dominated by increasing calls for growth measures, the creation of jobs and stimulating the troubled eurozone economy, which has been hit with grim news. The EU […]
EU Leaders to Focus on Economic Growth at Brussels Summit
Posted May 23rd, 2012 at 11:50 am (UTC-5)
Leaders of the 27 nations that make up the European Union will gather in Brussels Wednesday for a summit aimed at solving the bloc’s debt crisis. The bloc’s focus has shifted from austerity to pro-growth policies since the election of Socialist Francois Hollande as president of France and the political stalemate in Greece, where voters […]
EU Leaders to Focus on Economic Growth at Brussels Summit
Posted May 23rd, 2012 at 8:30 am (UTC-5)
Leaders of the 27 nations that make up the European Union will gather in Brussels Wednesday for a summit aimed at solving the bloc’s debt crisis. The bloc’s focus has shifted from austerity to pro-growth policies since the election of Socialist Francois Hollande as president of France and the political stalemate in Greece, where voters […]
EU Leaders to Focus on Economic Growth at Brussels Summit
Posted May 23rd, 2012 at 2:50 am (UTC-5)
Leaders of the 27 nations that make up the European Union will gather in Brussels Wednesday for a summit aimed at solving the debt crisis that is threatening the EU’s very existence. The EU’s focus has shifted from austerity to pro-growth policies since the election of Socialist Francois Hollande as president of France, and the […]
UN Warns of Looming Wheat Crisis in Asia
Posted April 26th, 2012 at 1:05 pm (UTC-5)
United Nations’ agriculture officials are warning that developing countries across Asia will need to boost food production by more than 75 percent by mid-century, to avert a food security crisis in the world’s most populous region. The alert from the U.N. Food and Agricultural Organization came Thursday in Bangkok at a global conference of food […]
Key Dates and Events in the European Debt Crisis
Posted November 9th, 2011 at 6:45 pm (UTC-5)
The unfolding eurozone economic crisis has led to political and social turmoil across the region as the governments of Greece, France, Ireland, Spain and Portugal try to keep their spending under control and impose drastic measures to cut their growing debts. This is a timeline of the most important events leading to the current economic […]
Italian Cabinet Fails to Reach Consensus On Financial reforms
Posted November 2nd, 2011 at 9:50 pm (UTC-5)
Italy’s cabinet has held an emergency meeting on ways to accelerate budget reforms and avert a major financial crisis. Italy’s prime Minister Silvio Berlusconi is expected to face intense pressure from G20 leaders to produce a set of concrete reforms to stop financial markets from targeting Italian bonds. Italy’s borrowing rates are increasing as a […]
