US Credit Crisis

US, Europe slowdown to have minimal impact on Asia — ADB

Published by rudy Date posted on August 24, 2011

Asia’s economic growth will likely be hurt by the slowdown in the United States and Europe, but the impact should be minimal, an Asian Development Bank (ADB) official said yesterday.

Read more

Asia to be hit harder by fresh crisis

Published by rudy Date posted on August 9, 2011

SYDNEY — A new global financial crisis would hit Asia harder than the last one, especially nations heavily exposed to offshore markets or still repairing budgets from the 2008-2009 crisis, credit ratings agency Standard and Poor’s yesterday said.

Read more

DOLE watches impact of US credit rating downgrade on OFWs

Published by rudy Date posted on August 9, 2011

The Department of Labor and Employment is now monitoring the possible impact on overseas Filipino workers of last weekend’s credit rating downgrade on the United States.

Read more

PHL economic team counts cost of US woes

Published by rudy Date posted on August 9, 2011

PHILIPPINE economic managers on Monday warned that the domestic economy, particularly exports and remittances would slow following Standard & Poor’s downgrade in the US’ credit rating.

Read more

Peso seen weakening after US downgrade

Published by rudy Date posted on August 9, 2011

THE peso would likely weaken for “a couple of weeks” as the downgrade of the United States’ credit rating continued to roil markets worldwide, but the currency could resume its appreciating trend in the medium-term amid the Philippines’ improving fundamentals, Finance Secretary Cesar Purisima told a Senate hearing Monday.

Read more

Impact of US credit downgrade on PHL

Published by rudy Date posted on August 9, 2011

MANILA: Government officials here both from the present and past administrations have expressed grave concern over the impact of the credit rating downgrade in the United States on the Philippine economy.

Read more

Financial integration, contagion in Asia

Published by rudy Date posted on August 8, 2011

Nervous sell-offs in Asia’s equity markets in response to debt problems in the United States and euro zone underscore the region’s growing links to financial events on the other side of the world. But with increased integration comes the increased threat of contagion. It is therefore not only in Asia’s interest to promote global financial…

Read more

July 15 – World Youth Skills Day

“Skills for everyone in times of AI!”

 

Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.

 

Accept National Unity Government
(NUG) of Myanmar.
Reject Military!

#WearMask #WashHands
#Distancing
#TakePicturesVideos

Time to support & empower survivors.
Time to spark a global conversation.
Time for #GenerationEquality to #orangetheworld!
Trade Union Solidarity Campaigns
Get Email from NTUC
Article Categories