Politics View All →
Protect your business in the economic downturn: Prioritising security and customer satisfaction
As the number of cyberattacks and data breaches continues to rise, businesses must pay close attention to their data security measures. Is your business open to hackers? According to the 2022 Cyber Security Breaches Survey, 39% of UK businesses experienced a cyber security breach or attack in the past 12 months. The impact of these […]
Read More →Barclays is to shut 14 more branches – on top of the 55 closures already announced across England and Wales in 2023
Barclays has revealed plans to shut 14 more branches across England and Wales in June. These closures will be in addition to the 55 branches the bank already planned to shut this year, meaning at least 69 Barclays branches will shut in 2023. The decision from Barclays is in line with other major banks, which […]
Read More →Cost-of-living crisis: The benefits of supporting local and how to make an impact
The cost-of-living crisis and rising energy prices have caused problems for many people, and businesses aren’t exempt from these financial struggles. In fact, in PayPal’s Business of Change Report 2022, 78% of business ownersclaimed they were worried that the cost-of-living crisis would be the biggest threat to their businesses this year. As such, supporting your […]
Read More →Economy View All →
DA still validating projections of pork shortage next month
THE Department of Agriculture (DA) said on Monday that it is validating projections of a pork shortage in April, saying it is trying to reconcile government data with input from the hog industry. DA Deputy Spokesman Rex C. Estoperez said it will have a clearer picture of the supply situation later in March. “The negative […]
Read More →Labor coalition seeks P750 minimum wage for Calabarzon region
THE Worker’s Initiative for Wage Increase (Win for Win) on Monday asked the Calabarzon wage board to increase the daily minimum wage in the region to P750 to help workers deal with the rising prices of basic goods. In a five-page petition, the coalition said it proposed wage hikes of P280, P321, P360 and P400 […]
Read More →Road connectivity named key gov’t priority
PRESIDENT Ferdinand R. Marcos, Jr. said on Monday that he will pursue more projects interconnecting the country’s road networks. “We will continue to push for the interconnectivity of major roads and expressways, as well as build even more roads and bridges in strategic places within the archipelago,” he said in a speech at the inauguration […]
Read More →NLEX connector road segment 2 set to open as early as June
THE second segment of Metro Pacific Tollways Corp. (MPTC) unit’s NLEX Connector Road is set to be completed by the end of June if right-of-way acquisitions go as planned, NLEX Corp.’s president said. NLEX Connector Road, an 8-kilometer expressway linking the Caloocan Interchange on Circumferential Road 3 (C-3) to Magsaysay Interchange at the Polytechnic University […]
Read More →Investing View All →
The New Deal and Recovery, Part 26: The RFC, Conclusion
(This is the last installment of a three-part essay. The other parts are here and here.) A Capital Bank As its title suggests, the best-known history of the RFC, James Stuart Olson’s (1982) Saving Capitalism: The Reconstruction Finance Corporation and the New Deal, 1933 -1940, is nothing if not a sympathetic review of that agency’s […]
Read More →World News View All →
US regulator sues top crypto exchange Binance, CEO for ‘willful evasion’
The world’s biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the US Commodity Futures Trading Commission (CFTC) on Monday for operating what the regulator alleged were an “illegal” exchange and a “sham” compliance program. The CFTC sued Binance, Mr. Zhao and its former top compliance executive with “willful evasion” of US law, “while engaging in a calculated strategy of regulatory arbitrage to their […]
Read More →China spent $240 bln bailing out ‘Belt & Road’ countries – study
JOHANNESBURG – China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more have struggled to repay loans spent building “Belt & Road” infrastructure, according to a study published Tuesday. Almost 80% of the rescue lending was made between 2016 and 2021, mainly to middle-income countries including Argentina, Mongolia and Pakistan, according to the report by researchers from the […]
Read More →Travel disruption hits Germany amid largest strike in decades
BERLIN/FRANKFURT — Airports and bus and train stations across Germany were at a standstill on Monday morning, disrupting millions of commuters and travelers at the start of the work week during one of the largest walkouts in decades in Europe’s largest economy. The 24-hour strikes called by the Verdi trade union and railway and transport […]
Read More →North Korea fires missiles as US aircraft carrier set to arrive in South
SEOUL — North Korea fired two short-range ballistic missiles into the sea off its east coast on Monday morning, South Korea’s military said, the latest in a series of launches as a US aircraft carrier is set to arrive in South Korea. The missiles were fired from North Hwanghae province at 7:47 a.m. (2247 GMT […]
Read More →Afghan girls struggle with poor Internet as they resort to online classes
KABUL — Sofia logs in to class on a laptop in Kabul for an online English course run by one of a growing number of educational institutes trying to reach Afghanistan’s girls and women digitally in their homes. But when the teacher calls on Sofia to read a passage her computer screen freezes. “Can you […]
Read More →Alibaba founder Jack Ma returns to China, ending year-long sojourn abroad — report
BEIJING — Alibaba founder Jack Ma has returned to China, the South China Morning Post (SCMP) reported on Monday, ending a more than year-long sojourn overseas that was viewed by industry as reflecting the sober mood of China’s private businesses. Mr. Ma, one of China’s best known entrepreneurs, left mainland China in late 2021 and […]
Read More →