Business
Future Payments for Retirees Are Big Issue Now for US States
This is the VOA Special English Economics Report. State and local governments across the United States are facing big budget deficits. Many of these shortfalls include promises of future retirement payments for public employees. Several states have had to borrow money for pension plans that have fallen below required funding levels. Pay and benefits for [...]
States Put Pressure on Public Worker Unions
This is the VOA Special English Economics Report. Americans have been watching the protests in the Middle East and North Africa — and closer to home. Workers in Wisconsin, and now some other states, have been protesting efforts to limit the negotiating power of government employees. Wisconsin”s newly elected governor, Scott Walker, says limits are [...]
Egypt Not Alone in Its Economic Problems
This is the VOA Special English Economics Report. Egypt is the biggest of the nations hit by recent protests in North Africa and the Middle East. One of the causes of this spreading wave of popular dissatisfaction is a lack of economic progress. Egypt is not a major oil exporter and its economy is not [...]
