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World oil supply risks rising – IEA

PARIS: Rising global oil supply, driven by crude giants Saudi Arabia and Russia, may come under pressure as key producers face disruptions, the International Energy Agency said Thursday. The IEA welcomed in its July report last month’s agreement between the Organization of the Petroleum Exporting Countries (OPEC) and Russia to open the taps in order [...] The post World oil supply risks rising – IEA appeared first on The Manila Times Online......»»

Category: newsSource: manilatimes_net manilatimes_netJul 12th, 2018

World oil supply risks rising – IEA

PARIS: Rising global oil supply, driven by crude giants Saudi Arabia and Russia, may come under pressure as key producers face disruptions, the International Energy Agency said Thursday. The IEA welcomed in its July report last month’s agreement between the Organization of the Petroleum Exporting Countries (OPEC) and Russia to open the taps in order [...] The post World oil supply risks rising – IEA appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJul 12th, 2018

World oil supply risks being ‘stretched to limit’: IEA

Rising global oil supply, driven by crude giants Saudi Arabia and Russia, may come under pressure as key producers face disruptions, the International Energy Agency said Thursday. The IEA welcomed in its July report last month’s agreement between the Organization of the Petroleum Exporting Countries (OPEC) and Russia to open the taps in order to […].....»»

Category: financeSource:  bworldonlineRelated NewsJul 12th, 2018

Germany s struggles continue with loss to France

By Graham Dunbar, Associated Press GENEVA (AP) — Germany is out of contention for another international trophy after France handed Joachim Loew's struggling team its latest loss on Tuesday. The balance of power in European soccer is swinging even further away from the 2014 World Cup champion since its poor title defense in Russia. World Cup winner France rallied for a 2-1 win in the UEFA Nations League against Germany, which fell to a fourth loss in its last six competitive games. The result means Germany, eliminated in the World Cup group stage in Russia, cannot advance to the Final Four tournament in June for the Nations League top-tier group winners. Germany wasted its first-half dominance at Stade de France, having led via a 14th-minute penalty from Toni Kroos. Antoine Griezmann struck twice in the second half — a precisely guided header in the 62nd and a penalty in the 80th — to take France's unbeaten streak to 15 games and extend its lead in Group 1 of League A. Germany also risks an embarrassing relegation to the second-tier League B when it finishes the group program against the Netherlands on Nov. 19. Elsewhere in the Nations League, Ukraine won promotion to League A by beating the Czech Republic 1-0 in Group 1 of the second tier. Ukraine, coached by former star forward Andriy Shevchenko, also improved its chances of qualifying for the 2020 European Championship. Nations League group winners are assured of a place in the playoffs for the Euros, if they don't qualify directly. UEFA created the Nations League to replace most international friendly games, though Belgium's schedule was free Tuesday to host the neighboring Netherlands in a 1-1 draw in Brussels. France was overrun for a period in the first half after Germany converted a penalty that followed midfielder Paul Pogba being dispossessed too easily in his own half. German winger Leroy Sane was sent clear and his low cross hit the arm of defender Presnel Kimpembe. France drew level when left-back Lucas Hernandez crossed for his Atletico Madrid teammate Griezmann to guide a rising header beyond goalkeeper Manuel Neuer's dive. Griezmann later wrong-footed Neuer from the penalty spot after a foul was called on defender Mats Hummels against midfielder Blaise Matuidi. Television replays showed Matuidi appeared to stand on Hummels' ankle sliding into the challenge, but UEFA is not using video review in its competitions this season. UKRAINE UP A third straight win for Ukraine ensured it became the first League B team promoted into the top tier for the next edition of the Nations League. Ruslan Malinovskyi's long-distance shot in the first half was enough to beat the Czechs in Kharkiv. Wales now leads Group 4 in League B after beating Ireland 1-0 in Dublin through Harry Wilson's second-half free kick. Wales hosts Denmark on Nov. 16. In League C, Norway now leads Bulgaria in the four-team Group 4 after beating the Bulgarians 1-0 in Oslo. Slovenia staved off relegation by drawing 1-1 with Cyprus in a game featuring three red cards. GEORGIA PROMOTED Georgia ensured promotion from League De with its fourth straight win, 3-0 at Latvia, ensuring it will win Group 1. The No. 93-ranked Georgians will also have a chance to advance to Euro 2020. One of the fourth-tier League D teams is sure to reach the Euro through the playoff route for Nations League group winners. Gibraltar earned just its second ever competitive victory, beating visiting Liechtenstein 2-1. Gibraltar also closed to within three points of Group 4 leader Macedonia which lost its perfect record in a 4-0 loss at Armenia. The final rounds of Nations League games are played Nov. 15-20. The Euro 2020 qualifying draw, seeded by Nations League standings, will be held Dec. 2 in Dublin......»»

Category: sportsSource:  abscbnRelated NewsOct 17th, 2018

IMF cuts global growth forecast

WASHINGTON, D.C.: An upswing in economic risks due to rising trade tensions and debt levels has prompted the International Monetary Fund (IMF) to cut its forecast for world growth for this year and next. With trade growth set to slow sharply amid a trade war between the United States and China, the IMF cut its outlook for [...] The post IMF cuts global growth forecast appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 10th, 2018

IMF cuts global growth forecast to 3.7% for 2018, 2019 as risks rise

WASHINGTON DC, USA – An upswing in economic risks due to rising trade tensions and debt levels has prompted the International Monetary Fund to cut its forecast for world growth for this year and next. With trade growth set to slow sharply amid a trade war between the United States and China , ........»»

Category: newsSource:  rapplerRelated NewsOct 9th, 2018

IATA warns airlines headed for crisis on rising infrastructure costs

The growing cost of airport infrastructure poses risks to the global airline industry’s profitability and growth, the head of the International Air Transport Association (IATA) said, adding a crisis due to inadequate infrastructure was brewing almost everywhere in the world......»»

Category: newsSource:  interaksyonRelated NewsFeb 5th, 2018

WB flags risks amid growth promise

THE PHILIPPINES “will remain a top performer” in East Asia and the Pacific, the World Bank said yesterday, even as it flagged risks that include rising global interest rates that could weaken the peso, crimp capital flows and stoke inflation, as well as fiscal risks as the state ramps up spending while flagship tax reforms aimed at raking in more funds for government struggle through Congress......»»

Category: newsSource:  bworldonlineRelated NewsApr 11th, 2017

Front Page: WB flags risks amid growth promise

THE PHILIPPINES "will remain a top performer" in East Asia and the Pacific, the World Bank said yesterday, even as it flagged risks that include rising global interest rates that could weaken the peso, crimp capital flows and stoke inflation, as well as fiscal risks as the state ramps up spending while flagship tax reforms aimed at raking in more funds for government struggle through Congress......»»

Category: financeSource:  bworldonlineRelated NewsApr 11th, 2017

Adamson s Rob Manalang eager to prove complete skills in PBA

        MANILA, Philippines – Rob Manalang didn’t nearly have enough time to break out in the collegiate basketball scene, but the world of pro ball awaits. And he’s confident that he’s more than ready. A product of the fast-rising Adamson Soaring Falcons program under multi-titled head coach Franz Pumaren, the Fil-Am point guard ........»»

Category: newsSource:  rapplerRelated NewsDec 15th, 2018

Katarina Rodriguez on Miss World 2018 experience: I wouldn t change a thing

MANILA, Philippines – Miss World Philippines 2018 Katarina Rodriguez took to Instagram on Wednesday, December 12 to share her sentiments after failing  to make it to the Top 30 of the competition in Sanya, China. Katarina was considered one of the top favorites to make it to the competition. Mexico's Vanessa Ponce de Leon eventually won the title . (READ: Katarina Rodriguez's Miss World journey: Taking risks, staying true to herself ........»»

Category: newsSource:  rapplerRelated NewsDec 13th, 2018

Katarina Rodriguez s Miss World journey: Taking risks, staying true to herself

MANILA, Philippines – Miss World 2018 concluded on Saturday, December 8 in Sanya, China with Mexico's Vanessa Ponce de Leon succeeding India's Manushi Chhillar. (READ: Who is Vanessa Ponce de Leon, Miss World 2018? ) The Philippines' bet Katarina Rodriguez failed to enter the Top 30 of the competition  – a surprise to many since she was touted as one of the ladies ........»»

Category: newsSource:  rapplerRelated NewsDec 9th, 2018

Last beeper service in Japan ends in 2019

Before smartphones became an everyday item for many professionals around the world, beepers were the most reliable way to contact someone while on the go. But all good things come to an end and Japan's last beeper service will pull the plug in September 2019. Tokyo Telemessage is the last company to provide beeper service in the Land of the Rising Sun with around 1,500 customers left still subscribed, as reported by NHK News Web via SoraNews24. Beepers, also known as pagers in other parts of the world or "pocket bell" for the Japanese, entered Japan in 1968 through the Nippon Telegraph and Telephone Public Corp. It came to prominence in the country around the mid-'90s. At the t...Keep on reading: Last beeper service in Japan ends in 2019.....»»

Category: newsSource:  inquirerRelated NewsDec 4th, 2018

Global trade and the Philippine economy

Much talk has been made recently about rising trade tensions putting a hamper on global economic growth among businessmen and financial experts. Releasing a report in July, the World Trade Organization (WTO) recognized the international economic threats posed by trade restrictions among the G20, an international forum for the governments and central bank governors from […].....»»

Category: financeSource:  bworldonlineRelated NewsNov 28th, 2018

News Briefs: Nov. 27, 2018

Fuel prices fall for 7th week   Crude oil exporters were likely to hold back production as world prices continued to fall amid a supply glut.   Local oil firms cut pump prices for the seventh straight week, leading to the biggest decline in diesel cost at P2.30 per liter and P1.10 per liter for gasoline.   Shell, Caltex, Seaoil, Total, PTT and Eastern Petroleum had announced the price cuts on Monday.   Monitoring by the Department of Energy showed the latest round of price decline brought diesel costs to a range of P38.72 to P43.59 per liter and gasoline to a range of P43.85 to P54.77 per liter. ---Ronnel W. Domingo   Serge Osmea ple...Keep on reading: News Briefs: Nov. 27, 2018.....»»

Category: newsSource:  inquirerRelated NewsNov 26th, 2018

Leading medical supply maker reportedly linked to many breaches

WASHINGTON, DC, USA – A world leader in medical technology, the American firm Medtronic, may be linked to as many as 9,300 deaths and 292,000 injuries in the US alone, according to an analysis published Sunday, November 25, by an international journalists' group. Reports submitted to US regulators last year indicate ........»»

Category: newsSource:  rapplerRelated NewsNov 26th, 2018

Pinoy Pride 45: Cebuano KJ Cataraja seizes WBO Youth Championship

Facing arguably the toughest test in his young career so far, ALA Boxing rising star Kevin Jake "KJ" Cataraja captured  his first professional boxing title, defeating Mexican Hugo "Scarface" Reyes by unanimous decision, 99-91, 99-91, 100-90 to become the new WBO Youth Super Flyweight World Champion at Pinoy Pride 45, Saturday evening in Cebu.  Cataraja built an early lead in front of a hometown crowd as he punished the Mexican visitor with perfectly-timed jabs and pinpoint counters. The former amateur standout had Reyes stunned on a number of occassions, but the Tijuana native remained game and continued to push forward. Dealing with continuous pressure from Reyes, Cataraja remained composed and continued to outbox his Latino counterpart to maintain his lead on the scorecards.  Reyes wasn't going to go down without a fight however, as he continued to push forward and engage with Cataraja.  At the end of ten rounds, it was Cataraja who was awarded the unanimous decision victory. The 23-year old improves to a flawless 9-0 in his professional career. .....»»

Category: sportsSource:  abscbnRelated NewsNov 24th, 2018

‘Philippines would be better off shunning Chinese investment altogether’

Philippine President Rodrigo Duterte risks repeating the mistakes made by other countries in the region that suffered from rising debt by accepting Chinese investments, a London-based think tank warned......»»

Category: newsSource:  philstarRelated NewsNov 23rd, 2018

China to boost grain imports from ‘Belt & Road’ countries amid Sino-US trade spat — official

GUANGZHOU/BEIJING — China aims to step up grain imports from countries linked by President Xi Jinping’s project to create a modern-day Silk Road, seeking to diversify supply sources amid a trade war with the United States, a key cabinet researcher said on Wednesday. With demand rising, countries included in Xi’s ambitious ‘Belt and Road Initiative’ have […] The post China to boost grain imports from ‘Belt & Road’ countries amid Sino-US trade spat — official appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsNov 14th, 2018

Oil producers see oversupply, eye cutting output

ABU DHABI, United Arab Emirates -- Major oil producers said Sunday that crude supply next year would outstrip demand, calling for new strategies based on production adjustments. Khalid al-Falih, Energy Minister of the world's top supplier Saudi Arabia, said the kingdom would cut its production by 500,000 barrels per day. Russia, the world's second-biggest producer, said it would commit to any new agreement among producers to cut output. Meeting in Abu Dhabi to examine how to curb a sharp slide in oil prices, the producers said they "reviewed current oil supply and demand fundamentals and noted that 2019 prospects point to higher supply growth than global requirements." Th...Keep on reading: Oil producers see oversupply, eye cutting output.....»»

Category: newsSource:  inquirerRelated NewsNov 12th, 2018

Trump-style nationalism comes under fire at WWI commemorations in Paris

PARIS, France – World leaders gathered in Paris on Sunday to mark 100 years since the end of World War I, with French President Emmanuel Macron, German Chancellor Angela Merkel and UN chief Antonio Guterres each warning that rising nationalism again poses a threat to peace. US President Donald Trump – ........»»

Category: newsSource:  rapplerRelated NewsNov 12th, 2018