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EconomyForex

OPEC+ agrees deep oil production cuts, Biden calls it shortsighted

By
October 6, 2022
2 Mins read
REUTERS VIENNA/LONDON — OPEC+ (Organization of the Petroleum Exporting Countries Plus) agreed to steep oil production cuts on Wednesday, curbing supply in…
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EconomyForex

Remittances made faster and safer with Visa

By
October 6, 2022
2 Mins read
Photo from iStock For better or worse, Filipino culture nowadays is inextricably linked with overseas Filipino workers. Almost everyone has or knows…
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EconomyForex

Gas crisis set to worsen after Europe burns through winter stocks

By
October 6, 2022
3 Mins read
UNSPLASH HELSINKI/BRUSSELS — Europe may face an even more acute energy crunch next year after draining its natural gas tanks to get…
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EconomyForex

Hotel prices to rise at lower rate in 2023 in major business events cities — report

By
October 6, 2022
1 Mins read
JOÃO BARBOSA/UNSPLASH MADRID — Hotel prices will keep increasing in 2023 in most of the key cities for business events worldwide as…
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EconomyForex

World Bank says goal of ending extreme poverty by 2030 unlikely to be met

By
October 6, 2022
2 Mins read
PHILSTAR WASHINGTON — Shocks related to the coronavirus disease 2019 (COVID-19) pandemic and the war in Ukraine mean the world is unlikely…
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EconomyForex

433 people win a lottery jackpot—impossible? Probability and psychology suggest it’s more likely than you’d think

By
October 6, 2022
3 Mins read
Philippine Charity Sweepstakes Office/Facebook More than a few eyebrows were raised at the weekend when it was reported a staggering 433 people…
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EconomyForex

Marcos open to buying Russian fuel, proposes new Myanmar approach

By
October 6, 2022
2 Mins read
MANILA – Philippine President Ferdinand Marcos Jr on Wednesday said his nation may need to turn to Russia to fulfil its fuel…
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EconomyForex

WTO warns ‘darkened’ trade outlook could deteriorate further

By
October 6, 2022
1 Mins read
REUTERS GENEVA — The World Trade Organization (WTO) forecast a slowdown of global trade growth next year as sharply higher energy and…
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EconomyForex

Unemployment rate inches up to 5.3% in Aug.

By
October 6, 2022
1 Mins read
The ranks of jobless Filipinos went up 79,000 month on month in August, bringing the total unemployed that month to 2.681 million,…
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EconomyForex

Inflation zooms to 6.9% in Sept.

By
October 5, 2022
4 Mins read
A jeepney driver shows peso bills in this file photo. Commuters began paying higher public transport fares on Monday. — PHILIPPINE STAR/…
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