- 04 July 2012
- Sonny Africa
- Hits: 609
MANILA — The Aquino administration asserts that “good governance leads to good economics” and points to rapid economic growth in the first quarter of 2012, supposedly looming investment-grade credit ratings, and even alleged creditor nation status. Yet while these indicators of supposedly sound macroeconomic and fiscal fundamentals are appealing to banks, credit rating agencies and investor groups, they do not reflect the reality of continuing problems for the economy and tens of millions of Filipinos.
The administration is hard-pressed to provide similar glowing accounts of sustainable development on the ground because there are still no such gains to speak of.
- 24 June 2012
- ROSARIO BELLA GUZMAN
- Hits: 520
The Rio+20 is expected to produce a new action plan for countries to adopt. The conference focuses on the theme ‘green economy’ which is supposedly a new sustainable approach to eradicating poverty.
IBON Features — Hundreds of heads of states are expected to attend the Earth Summit on June 20 to 22, back in Rio de Janeiro, Brazil where the first Earth Summit took place in 1992. More popularly called ‘Rio+20’, the United Nations Conference on Sustainable Development (UNCSD) is a gathering of world leaders, along with thousands of participants from governments, the private sector, nongovernment organizations, media and others to discuss and shape the official agenda for reducing poverty, advancing social equity and ensuring environmental protection in the decades to come.
- 24 January 2012
- Hits: 1040
The World Bank this week issued a warning against more risks in the global economy in 2012, forecasting a downturn that it said will be worse than the financial crash in 2008.
- 03 January 2012
- Sonny Africa
- Hits: 922
The past year gives at least three insights to inform economic policy-making not just in 2012 but in the coming period of great challenges for Philippine growth and real development.
- 26 November 2011
- Sonny Africa
- Hits: 2654
- 19 July 2009
- Benjie Oliveros
- Hits: 1112
MANILA (July 19) — Sen. Mar Roxas is raising hell about the alleged collusion between the Arroyo government and the pharmaceutical industry to delay if not derail the implementation of Republic Act 9502, or the “Universally Accessible Cheaper and Quality Medicines Act of 2008,” which was signed on June 6, 2008. Among the provisions the multinational pharmaceutical companies are reportedly blocking is the setting of the maximum retail price for 22 essential medicines. To sweeten the deal between the Arroyo government and pharmaceutical firms, Pfizer allegedly offered five million “sulit” discount cards to President Arroyo for distribution to indigent patients around the country. (Remember the distribution of PhilHealth cards in 2004?)
- 16 April 2009
- Stacey Brucia
- Hits: 694
Teens and college students looking for a summer job might have a tougher time landing a gig this year compared to summers past, according to a recent survey.
Nearly half (46%) of hourly hiring managers with responsibility to recruit summer employees will not be recruiting this year, according to a February survey of more than 1,000 hiring managers commissioned by hourly job Web site SnagAJob.com. To compound the problem, teens and young adults can anticipate far fewer openings among businesses with available positions.
- 02 April 2009
- Janet Trautwein
- Hits: 626
In the last four months, 2.6 million jobs have disappeared from the American economy. About half the people who held those jobs also lost their health insurance.
But a job loss doesn't have to mean a loss of insurance coverage, too. A provision in the recently passed economic stimulus bill makes health insurance significantly more affordable for the involuntarily unemployed. The federal government will now subsidize premiums for insurance plans purchased under the terms of a law called"COBRA."
- 21 June 2008
- Kobakila News
- Hits: 363
Bosses at Scotland's only crude oil refinery have started a shutdown after claiming an impending strike will compromise safety.
Ineos said the Grangemouth refinery could shut for "at least a month", and warned of major fuel shortages.
About 1,200 members of the Unite union are to strike on 27 and 28 April in a dispute over pensions.
Scottish ministers urged both sides to try to resolve the dispute, instead of "trading commentary" in the...