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.....»»
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.....»»
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.....»»
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 […].....»»
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......»»
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.....»»
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 […].....»»
SMC food, beverage arm to boost market dominance
San Miguel Food and Beverage Inc. is out to further reinforce its dominance in the beer and spirits markets this year.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
‘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.....»»
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......»»
Fil-Am star Jacob Batalon displays acting range in horror film ‘Tarot’
Filipino-American actor Jacob Batalon stars in the horror film “Tarot” as the character who keeps his friends together as they begin experiencing deadly misfortunes after their fortunes are read through tarot cards......»»
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.....»»
UN credits better preparation for fewer disaster deaths
As climate change makes disasters such as cyclones, floods and droughts more intense, more frequent and striking more places, fewer people are dying from those catastrophes globally because of better warning, planning and resilience, a top United Nations official said.The world hasn't really noticed how the type of storms that once killed tens or hundreds of thousands of people now only claim handfuls of lives,.....»»
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......»»