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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: philippinetimes philippinetimesJan 27th, 2024

Vietnam s GDP to reach nearly 470 bln USD in 2024: IMF

HANOI, March 14 (Xinhua) -- Vietnam's gross domestic product (GDP) is forecast to reach about 469.7 billion U.S. dollars by the end of 2024, ranking the fifth in Southeast Asia, Vietnam News reported Thursday, citing the International Monetary Fund (IMF). Indonesia, Thailand, Singapore and the Philippines have taken the leading positions in the forecast. According to IMF, Vietnam's GDP was estimated to ha.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Yuka in striking spot in Ford tourney

Fil-Japanese Yuka Saso moved to striking position in the race for the Ford Championship crown after a third-round three-under 69 on a windy Saturday in Gilbert, Arizona......»»

Category: sportsSource:  philstarRelated NewsMar 31st, 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

Man dies after striking his own head with rock

CEBU CITY, Philippines- A senior citizen died after striking his head with a rock inside his own house in Barangay Antipolo, Medellin, Cebu, on Monday, February 5, 2024. The victim, identified as Nardito Pakuan-kuan Acbo, 62 years old, was a resident of the said place. According to Police Executive Master Sergeant Mamerto Gastador, deputy station.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

PH Economy Remains Optimistic Amid Global Slowdown

The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

Hora grinds way to thrilling finish to top Go For Gold Criterium cycling race

Esteve Hora Jr. sprinted in the last few hundred meters with all his might to rule the men’s elite race of the Go For Gold Criterium Race Series 1 on Sunday at the iconic Sacobia Bridge in Clark, Pampanga......»»

Category: sportsSource:  philstarRelated NewsMar 4th, 2024

‘Mentally down’: Dongallo shakes off Yee suspension, focuses on improving UE fortunes

Wearing a wristband to show support for her embattled coach, UE super rookie Casiey Dongallo hopes to regain her mental focus after the UAAP's stunning season-long suspension of Jerry Yee.....»»

Category: newsSource:  rapplerRelated NewsMar 4th, 2024

IMF hikes Philippines 2024 growth target

The International Monetary Fund upgraded its 2024 economic growth forecast for the Philippines amid the stronger rebound in investments and exports......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Every Sweat Counts patok sa Cool Summer Farm race

MARKADO ang kabayong si Every Sweat Counts sa 2024 Philracom Cool Summer Farm Stakes Race. The post Every Sweat Counts patok sa Cool Summer Farm race first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

Every Sweat Counts patok sa Cool Summer Farm race

MARKADO ang kabayong si Every Sweat Counts sa 2024 Philracom Cool Summer Farm Stakes Race. The post Every Sweat Counts patok sa Cool Summer Farm race first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

Every Sweat Counts patok sa Cool Summer Farm race

MARKADO ang kabayong si Every Sweat Counts sa 2024 Philracom Cool Summer Farm Stakes Race. The post Every Sweat Counts patok sa Cool Summer Farm race first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

Every Sweat Counts patok sa Cool Summer Farm race

MARKADO ang kabayong si Every Sweat Counts sa 2024 Philracom Cool Summer Farm Stakes Race. The post Every Sweat Counts patok sa Cool Summer Farm race first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

Torregosa’s determination pushed USC coach to enlist her in Cebu Marathon’s 42k race 

CEBU CITY, Philippines — Seasoned track and field coach Arvin Loberanis saw grit and hunger from his ace runner Artjoy Torregosa which convinced him to sign her up in the 42-kilometer race of the recently concluded Cebu Marathon 2024.  Torregosa surprised everyone after she emerged as champion in the female category of Sunday’s 42k race......»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

Moody’s Analytics sees below 5 percent GDP in Q4

Philippine economic growth likely slowed to below five percent in the final quarter of 2023 on the back of softer global economic growth, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsJan 29th, 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

Recto sees ‘realistic’ 6-6.5 percent growth for Philippines

Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

‘Long ways to go’: Cone still sees room for improvement after Gilas rout

Coach Tim Cone sees both the good and the bad in Gilas Pilipinas' 30-point demolition of Hong Kong at the start of the FIBA Asia Cup Qualifiers.....»»

Category: newsSource:  rapplerRelated NewsFeb 23rd, 2024

Japan to strengthen ties with EU to counter China s increasing market dominance

Tokyo [Japan], April 29 (ANI): Several agreements will be soon made between Japan and the European Union to ensure better cooperation on economic security, including strengthening supply chain resilience for semiconductors and other critical materials, Japanese news organization Kyodo News stated quoting its government sources on Sunday. The initiative is being pursued as a way to reduce dependency on countries like China.....»»

Category: newsSource:  manilanewsRelated NewsApr 29th, 2024

Mavy Legaspi sees no problem with Darren Espanto, Kyline Alcantara shipping

Kapuso actor Mavy Legaspi sees no problem with former love team partner Kyline Alcantara being "shipped" or teased with Darren Espanto......»»

Category: entertainmentSource:  philstarRelated NewsApr 15th, 2024