Monthly Archives: November 2010

Food prices have soared to lev-els last seen in the 2007-08 crisis after a big October rise, the UN’s Food and Agriculture Organisation said on Tuesday.

MANILA, Philippines—Philippine Airlines (PAL) employees on Monday started a series of protest actions against the recent decision of Labor Secretary Rosalinda Baldoz to allow the mass layoff of some 2,600 workers.

MANILA, Philippines – The Trade Union Congress of the Philippines on Monday urged the International Maritime Organization (IMO) to compel ships using the “Pirate Alley” off Somalia to build in fortified rooms where crew members can hide in the event of an attack.

MANILA, Philippines—State-run Power Sector Assets and Liabilities Management Corp. (Psalm) said it would resume before the end of the year the process of selling the remaining government-owned power plants and contracted capacities.

MANILA—Philippine Airlines welcomed the decision of Labor Secretary Rosalinda Baldoz affirming the flag carrier’s prerogative to spin off three non-core business units that will result in the layoff of some 2,600 rank and file workers.

Human Development and Wealth Distribution Dominique Strauss-Kahn, Managing Director, International Monetary Fund Agadir, November 1, 2010 As prepared for delivery It is a great pleasure to be here today, to talk about this all-important topic of human welfare and economic stability.

– “More unequal countries have worse social indicators, a poorer human development record, and higher degrees of economic insecurity and anxiety. In too many countries, inequality increased and real wages stagnated—failing to keep up with productivity—over the past few decades. Ominously, inequality in the United States was back at its pre-Great Depression levels on the…