Monday, May 18, 2026
Today's Print

Tag: Global economy

Brent rises above $60 on expectations of recovery

HONG KONG, China—Brent oil prices Monday shot past $60 a barrel for the first time in more than a year Monday with investors growing...

Invest in our digital potential

"Government investments in strategic telecommunications infrastructure will promote an economic revival."   The safety restrictions on children and seniors in hotels, resorts and restaurants were a...

IMF: Global recovery from virus plunge still difficult

Washington—The global economy faces a hard road back from the Covid-19 downturn, and nations should remove trade barriers on medical technologies to aid the...

BSP: Remittances likely to drop 5% at most

Bangko Sentral ng Pilipinas Governor Benjamin Diokno dismissed the projections of some analysts that remittances will contract this year by up to 20 percent...

Bangko Sentral revises ‘20 and ‘21 economic targets

The Bangko Sentral ng Pilipinas said Wednesday it expects higher balance of payments surplus and gross international reserves for 2020 and 2021 on the...

Agri leads the way

"This, amid the disruption that the pandemic is causing the economy."   With COVID-19 aggressively wreaking havoc on the global economy, the agriculture sector continues to...

WHO: 2M virus deaths without collective action

Geneva­—Coronavirus deaths could more than double to two million without collective action against the pandemic, the World Health Organization has warned, as Australia’s prime...

Full global economic recovery not likely – IMF

WASHINGTON—The global economy is showing signs of bouncing back from the severe downturn caused by the global coronavirus pandemic, but a full recovery is...

G20 foreign ministers begin talks to ease current travel restrictions

Riyadh, Saudi Arabia—G20 foreign ministers on Thursday sought international cooperation over easing travel restrictions and reopening borders, as months of coronavirus shutdowns exert a...

Aussie PM pushes for mandatory vaccine

Sydney"•Australia’s leader called Wednesday for coronavirus immunisations to be mandatory, wading into ethical and safety debates raging around the world as the race to...

Buying local PPEs, masks results in savings–DTI

The government’s repurposing program generated new investments of $35 million and saved 7,450 jobs amid the weakening of the global economy. "We are able to...

Living with COVID

"We are talking about years, even beyond the discovery of a cure." By now, five months into the lockdown, there is universal acceptance that the...

Asian markets sink as grim US data reinforces virus problems

Hong Kong, China—Asian markets struggled and the dollar extended losses Friday as data showing the US suffered its worst quarter on record highlighted the...

Massive layoffs

"Rising unemployment worsens the poverty problem and will eventually stir unrest in the population." The COVID-19 pandemic continues to rear its ugly head on the...
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