Archive for August, 2009
Credit Card Companies in US Face New Limits
Supporters say consumers needed more protection. Banks say the changes approved by Congress will only reduce the availability of credit. Transcript of radio broadcast: 21 May 2009 This is the VOA Special English Economics Report. A bill to place new restrictions on the credit card industry in the United States won final approval this week [...]
International Monetary Fund Says World Economy Will Shrink This Year
The international lender expects the world economy to shrink by more than one percent this year. Transcript of radio broadcast: 23 April 2009 This is the VOA Special English Economics Report. The World Bank and the International Monetary Fund will meet in Washington, D.C. Saturday and Sunday. One subject for discussion will be falling expectations [...]
Chrysler, General Motors Work to Escape Crushing Debt
Chrysler hopes to survive by cutting costs and debt, and by joining with Italian carmaker Fiat. And General Motors plans to make the US its biggest shareholder. Transcript of radio broadcast: 30 April 2009 This is the VOA Special English Economics Report. The race to save two of America’s big three carmakers is entering a [...]
