The IMF’s first substantial study on unemployment revises upwards the Fund’s earlier predictions of joblessness in industrialized countries as a result of the current economic crisis. It states that there will be no decline in the unemployment rate before at least 2012 unless countries adopt “policies to jump-start job creation”. Today the Fund released the…

MANILA, Philippines—Senator Benigno Aquino III remains the choice of local and foreign investors as the presidential candidate who can best promote a stable investment climate, according to the latest investor survey of Dutch financial giant ING Bank.

Brussels, 15 April 2010 (ITUC OnLine): As forecasts warn of a continuing rise in unemployment on top of the additional 34 million people worldwide who have become unemployed due to the economic crisis, trade union leaders from the G20 countries will urge for more action on jobs when they meet with G20 Labour and Employment…

EXPORT growth held near a 14-year high in February as the global economic recovery boosted demand for the Philippines’ electronics goods, the government said Tuesday.

Sanders pushes to cap credit card interest rates Burlington, Vermont — Senator Bernie Sanders says credit card companies are no better than loan sharks when it comes to interest rates. In Washington, he spoke religious leaders and community organizers from around the country.  He says that in a recession families rely on credit cards for…

Manila, Philippines – The Associated Labor Unions (ALU), Building and Woodworkers International (BWI) and Trade Union Congress of the Philippines (TUCP) brought their e-campaign to ban asbestos in the Philippines to social networking site Facebook.

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SAY FOREIGN BUSINESSMEN MANILA, Philippines—The country’s strategic location can make it a regional and global logistics hub of various companies, foreign businessmen in the country said in recent forum.

MANILA, Philippines – Party-list Trade Union Congress of the Philippines (TUCP), the country’s largest worker’s sectoral party in the Philippines, has criticized the Energy Regulatory Commission (ERC) for recently allowing Meralco to impose a rate increase of 26.90 centavos per kilowatt-hour which it said will add to the burdens of consumers in Metro Manila.

MANILA, Philippines – Information technology (IT) experts are worried about possible cheating in the May 10 automated elections and are appealing to the Commission on Elections (Comelec) to consider their proposal for a parallel manual count to ensure the credibility of poll results.

How can the Comelec properly automate — when rackets distract it? Since 2008 at least 18 big-ticket expenditures have brought the poll body shame:

WASHINGTON – President Barack Obama declared the world safer Tuesday after a 47-nation summit agreed to a four-year deadline on securing vulnerable nuclear materials from terrorists.

CEBU, Philippines – Personnel of the Cebu City Police Office will head to Carmen to get the affidavits of the families of the construction workers killed and injured in last week’s tragedy in Barangay Tisa.

WASHINGTON—Children who are spanked frequently at age three are more likely to be aggressive when they’re five, a recent study has found.

MANILA, Philippines – The Joint Foreign Chamber of the Philippines (JFC) predicted on Monday $75 billion in foreign direct investments (FDI) and the creation of 10 billion new jobs for 2010 to 2020.

MANILA, Philippines – The export sector is expected to sustain its recovery this year and in 2011 along with the continued recovery in the global economy, according to government estimates.

MANILA, Philippines – The Asian Development Bank (ADB) has upgraded its growth forecast for the Philippine economy this year to 3.8 percent, from an earlier estimate of 3.1 percent, driven by increased private consumption on the back of robust remittances and election spending.

ASEAN members have reported completing nearly two-thirds of work to lay down an integrated economic community by 2015 and have tagged streamlining trade processes and opening up the service sector as among the remaining tasks.

Is it morally acceptable to vote for an anti-family candidate? With the foregoing considerations, it would not be morally permissible to vote for candidates who support anti-family policies, including reproductive health; or any other moral evil such as abortion, divorce, assisted suicide and euthanasia. Otherwise one becomes an accomplice to the moral evil in question.

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THERE was no change in the top 16 choices for senator in the latest Manila Standard survey of 2,500 registered voters conducted from April 4 to 6.

The interactive session was co-chaired by H.E. Ambassador Paul Badji, the permanent representative of Senegal to the United Nations, and H.E. Ambassador Carsten Staur, the permanent representative of Denmark to the United Nations. Messrs Badji and Staur have been appointed Co-Facilitators of the MDG+10 Review Process. One of their main tasks is to steer the…

The interactive session was co-chaired by H.E. Ambassador Paul Badji, the permanent representative of Senegal to the United Nations, and H.E. Ambassador Carsten Staur, the permanent representative of Denmark to the United Nations. Messrs Badji and Staur have been appointed Co-Facilitators of the MDG+10 Review Process. One of their main tasks is to steer the…

LAGUNA NIGUEL, Calif.–As renewable energy gains steam, environmentalists are increasingly being asked whether to support their longtime enemy: nuclear power.

MANILA, Philippines—The row with labor groups and shipping lines had not been settled after all. But Philippine Ports Authority (PPA) officials pushed through nonetheless with the formal turnover of the North Harbor to a private consortium Monday morning.

E. Forewarnings when undertaking a privatization program Virtually all proponents of privatization have issued caveats when discussing and evaluating the benefits of privatization, which statements are backed up by empirical evidence over the past 20 or so years. The extensive pursuit of privatization programs alone will not consistently add to a government’s fiscal position nor…

MANILA, Philippines – President Arroyo’s net satisfaction rating has fallen to an all-time low of -53 percent, the lowest achieved by a Philippine president since 1986, a survey by the Social Weather Stations (SWS) revealed yesterday.

(11th of a series) For any Filipino family, especially among the poor, an illness striking any of its members is viewed as a catastrophe.