Of late, we have been blessed by more than a few positive news concerning our economy and society. There has been a transformation, from being the Sad Sack in East Asia to being the object of praise, without sarcasm, from the MD of the IMF. We should celebrate the gains we have made. We thank [...]
The economic “miracle” that has enabled Germany to escape the worst of Europe’s debt crisis is largely passing by some of the most vulnerable people in society, critics say.
For the last 40 years, the Philippines has been an economic laggard, and we perpetually blame it on our leaders. We were led by people who stole our money, we are told, and so there were Marcos, Estrada, GMA, and now, our Chief Justice, Corona.
WASHINGTON—The US poverty rate rose in 2010 to 15.1 percent, the highest rate since 1993, the Census Bureau reported Tuesday. The report showed a sharp increase in poverty from 14.3 percent in 2009, and a fourth consecutive rise in the number of people below the poverty threshold, to 46.2 million. The US definition of poverty [...]
