China’s increased role in global trade

China’s increased role in global trade

(VOVworld) – The International Monetary Fund (IMF) has officially added the Chinese currency, the renminbi, to the organization’s Special Drawing Right (SDR) basket. This move acknowledges China’s important role in the...
Financial markets steady after Brexit

Financial markets steady after Brexit

(VOVworld) – Global financial markets show signs of recovery on Tuesday after British pound and global shares plunged because of the UK’s vote, to leave the European Union (EU), last...
Global anti-corruption fight

Global anti-corruption fight

(VOVOworld) - The first global anti-corruption summit in London has initiated several measures to combat corruption. These chime with global leader’s determination in the fight but implementation is not...
Efforts to raise oil prices deadlocked

Efforts to raise oil prices deadlocked

(VOVworld)- After 6 hours of negotiations in Doha, Qatar, on April 17 the world’s major oil producers failed reach a deal to limit oil production. Despite optimism ahead of the...
Cuba to lift penalty on US dollar

Cuba to lift penalty on US dollar

(VOVworld) – On Thursday, Cuban Foreign Minister Bruno Rodriguez said Cuba will remove the 10 percent penalty on US dollars which is circulated in Cuba
US continues to ease restrictions on Cuba

US continues to ease restrictions on Cuba

(VOVworld) – On Tuesday President Obama’s administration ordered continued loosening of restrictions on Cuba as a token of the US’s good will to improve ties with Cuba
Unstable global securities market

Unstable global securities market

(VOVworld) – Instabilities in the Chinese securities market and escalating tension in the Middle East have affected the global stock market
Brent crude drops over 3%

Brent crude drops over 3%

(VOVworld)- Brent crude oil fell over 3 percent on Monday as China's economic slowdown dented the outlook for demand, with traders placing record bets on even lower prices as...