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Race for global economic dominance sees striking turn of fortunes - ex-IMF official

The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday.    The American economy defied forecasts in outperfo.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Argentina permitted to tap IMF bailout

The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

The Future of Work: AI’s Double-Edged Sword for Global Economies

Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»

Category: newsSource:  metrocebuRelated NewsJan 17th, 2024

Loss of Russian gas has hurt German economy - minister

The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Losing Russian gas has hurt Germany s economy - minister

The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Digital economy contributes 8.4 pct to Philippine economy in 2023

MANILA, April 25 (Xinhua) -- The digital economy amounted to 2.05 trillion pesos (35.396 billion U.S. dollars) in 2023, contributing 8.4 percent to the country's gross domestic product (GDP), the Philippine Statistics Authority (PSA) said Thursday. "This resulted in a 7.7 percent growth from the 1.90 trillion pesos (32.8 billion dollars) gross value added of the digital economy in 2022," the agency said......»»

Category: newsSource:  manilanewsRelated NewsApr 25th, 2024

Xinhua world economic news summary at 0830 GMT, Jan. 18

DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

BDO Life clients can now access their insurance policies online

BDO Life clients can now access their insurance policies online.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

AC gov t to strengthen child protection policies

AC gov t to strengthen child protection policies.....»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

Policies to address ecological impact of RE urged

A group of international and Philippine-based think tanks and civil society organizations is calling for stronger collaboration across the renewable energy sector to integrate policies and practices that will allow the sector to respond responsibly to its ecological and social impacts......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says

The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

Salt Substitutes Lower Risk of High Blood Pressure by 40% – The Daily Guardian

New Study Finds Salt Substitutes Can Lower the Risk of High Blood Pressure Excessive salt consumption has long been recognized as a major risk factor.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 14th, 2024

US: Texas Border Policies Threaten Deadly Outcomes

(Austin, February 1, 2024) - Increasingly extreme rhetoric from political leaders and escalations of Texas' Operation Lone Star border deterrence program are increasing the risk to the lives and safety of immigrants and border residents alike, Human Rights Watch said today.Earlier in January, three migrants, two of them children, drowned in the Rio Grande near Shelby Park, in the city of Eagle Pass, Texas. Days.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

The world s population might be at risk

The world s population might be at risk.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

The world s population might be at risk

The world s population might be at risk.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

The world s population might be at risk

The world s population might be at risk.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

The world s population might be at risk

The world s population might be at risk.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

The world s population might be at risk

The world s population might be at risk.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

The world s population might be at risk

The world s population might be at risk.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

The world s population might be at risk

The world s population might be at risk.....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024