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(Eagle News) — To support economic managers in crafting a “bounce-back plan” for the Philippine economy, the Department of Finance (DOF) is recruiting highly-competent and committed individuals that would help the economy to recover once the COVID-19 pandemic is over. Finance Assistant Secretary Antonio Joselito Lambino II said the DOF’s Strategy, Economics and Results Group (SERG), which he heads, is building its team to support state economic managers in coming up with this recovery and […]
(Agence France Presse) — President Rodrigo Duterte has offered China Telecom a slot to be the country’s third telecom provider to break up the dominance of two local firms, his spokesman said on Tuesday. The offer was part of Duterte’s efforts to improve ties between China and the Philippines, taking into account political as well as economic considerations, Harry Roque told reporters. “It was brought up in bilateral negotiations between the Philippines and China. And […]
WASHINGTON, United States (AFP) — International Monetary Fund chief Christine Lagarde said Thursday a worldwide economic recovery is taking hold, opening a window for countries to enact reforms aimed at attaining broader, lasting prosperity. “The long-awaited global recovery is taking root,” she said in an address Thursday evening at Harvard’s Kennedy School of Government. Countries around the globe are seeing renewed or sustained economic expansion, coinciding with greater stability in banks and market confidence, she […]
WASHINGTON, United States (AFP) — President-elect Donald Trump on Wednesday named billionaire Carl Icahn, a vocal critic of what he calls government over regulation, to serve as a special adviser to overhaul “strangling regulations.” He also tapped Peter Navarro, an outspoken China critic, to head the White House National Trade Council, a new office that will oversee trade and industrial policy, in the latest sign he is moving ahead with plans to overhaul US economic […]
(Reuters) – Russian President Vladimir Putin said on Friday that Moscow had to strengthen its position, economically and militarily, in the resource rich Arctic region, where other countries are vying for influence. “Our interests are concentrated in the Arctic. And of course we should pay more attention to issues of development of the Arctic and the strengthening of our position (there),” Putin told a youth camp outside Moscow, enumerating military and economic plans for Russia’s Arctic.
