Friday, May 1, 2026
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Tag: economic fallout

Hontiveros demands better gov’t cushion for energy fallout

Senate Deputy Majority Leader Risa Hontiveros urged the government on Labor Day to expand social services as a necessary shield against the economic fallout...

PH faces high risk from ME conflict as oil prices surge

The Philippines is among the nations most vulnerable to economic fallout from the ongoing conflict in the Middle East as rising oil prices threaten...

Trump threatens to destroy Iran’s largest gas field

Doha, Qatar—US President Donald Trump threatened to "massively blow up" a vast Iranian gas field unless Tehran stops striking Qatari energy facilities, which sustained extensive...

Turkish border region feels fallout from Iran

VAN, TURKEY – As vice-president of the chamber of commerce in the eastern Turkish city of Van, Fevzi Celiktas’s job is to boost the...

China’s retail sales slumped 11.1% in April on lockdowns

BEIJING, China—China’s retail sales and factory output slumped to their lowest levels in around two years, official data showed Monday, capturing the dismal economic...

PH, ADB sign $400-m loan to boost domestic capital markets

The government and the Manila-based Asian Development Bank signed a $400-million loan agreement that aims to support the government’s efforts to strengthen domestic capital...

Huge European rescue plans, vaccine hopes fuel virus optimism

A half-trillion-euro European fund laid out by France and Germany sparked optimism Monday about fighting economic fallout from the coronavirus, as did encouraging early...

ADB announces $20 billion virus rescue package

The Asian Development Bank said Monday it will roll out a massive $20 billion package to help developing member nations weather the economic fallout...

Bank of England cuts interest rates

LONDON"•The Bank of England on Thursday slashed interest rates to a record low 0.25 percent and announced a vast stimulus package to combat economic...
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