Business
Facebook Finds New Friends in the World of Private Finance
This is the VOA Special English Economics Report. Facebook is the world”s biggest social network — and the subject of the movie “Social Network.” (SOUND) The real Mark Zuckerberg and his friends at Harvard University launched the site in two thousand four. Facebook says it reached five hundred million users last July. Now, the American [...]
2010 Marked by Debt Problems in Europe and Growth in the Developing World
This is the VOA Special English Economics Report. Here are some of the top economic stories of two thousand ten. The world continued to struggle with a slow recovery from the financial crisis two years earlier. Greece admitted to bigger-than-expected budget deficits. Investors punished Greece with much higher borrowing costs. The sixteen countries that use [...]
President Obama Agrees to Extend Tax Cuts for 2 years
This is the VOA Special English Economics Report. President Obama announced an agreement with Congressional Republicans Monday. It would extend for two years the tax cuts put in place by former president George W. Bush. The tax cuts were to end in January. The compromise extends current income tax rates for all Americans for two [...]
