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Introduction: In recent discussions within the Federal Reserve, murmurs have been growing about the possibility of revisiting the 2% inflation target. While any potential changes remain distant and uncertain, several regional Federal Reserve presidents have expressed a willingness to examine whether the…
Introduction The Philippines is set to refocus its attention on economic development following the World Health Organization’s (WHO) declaration of the end of the COVID-19 emergency. President Marcos expressed his optimism about the new phase, highlighting the lessons learned during the pandemic…
Introduction The World Bank has reaffirmed its commitment to supporting the development efforts of the Philippines. Anna Bjerde, the managing director for operations of the World Bank, concluded a two-day visit to the country and conveyed the institution’s dedication to assisting the…
Introduction Despite facing unprecedented Western sanctions and being shut out of much of the global economy due to its actions in Ukraine, Russia has found a valuable economic ally in China. The two nations have strengthened their trade relations, with Russia predicting…
Introduction Meta Platforms Inc., the parent company of Facebook, recently carried out the final phase of its three-part round of layoffs, resulting in job cuts across various business and operations units. This move is part of Meta’s previously announced plan in March…
Introduction The Biden administration expressed optimism on Wednesday, stating that it still sees a potential path to reaching a deal with Republicans to avert a “catastrophic” US debt default. Negotiators from both parties gathered at the White House, moving the talks from…
Introduction The Department of Budget and Management (DBM) has recently announced the approval of a significant budget allocation of P25.16 billion to provide health insurance coverage for 8.3 million qualified and enrolled Filipino indigents. This move highlights the government’s commitment to ensuring…
Introduction Japanese Prime Minister Fumio Kishida is set to meet with Sri Lanka’s President Ranil Wickremesinghe on Thursday, marking an important step in Sri Lanka’s efforts to restructure its debt and revive its economy after a severe financial crisis. The meeting follows…
Introduction The International Monetary Fund (IMF) has revised its economic outlook for the United Kingdom, stating that it no longer expects a recession to occur this year. However, the IMF has expressed concerns about the persistence of high inflation, which may require…
In recent years, there has been a notable shift in the hiring practices of many companies, with a growing emphasis on considering candidates without traditional college degrees. This shift is driven by the recognition that soft skills, such as effective communication, teamwork,…
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