Global warming puts Arabica coffee at risk, and we’re barrelling towards a crucial threshold

1.7M jobs to open under gov’t housing program

MANILA – The Marcos administration’s “Pambansang Pabahay para sa Pilipino: Zero ISF 2028” program is expected to generate about 1.7 million jobs for Filipinos per year. Department...

How to understand what’s going on with UK mortgage rates

The UK mortgage market has tightened as confidence in the economy has faltered in recent weeks. Lenders withdrew more than 1,600 homeloan products after the (then)...

How the costs of disasters like Hurricane Ian are calculated – and why it takes so long to add them up

The U.S. experienced 15 disasters in the first nine months of 2022 that each caused at least US$1 billion in damage. Hurricane Ian is taking the...

How a new and improved furlough scheme could help the UK tackle recession and economic uncertainty

The UK economy is on the brink of a recession while also experiencing weeks of financial volatility following the launch of the government’s unfunded growth plan...

Soaring inflation prompts biggest Social Security cost-of-living boost since 1981 – 6 questions answered 

Social Security is set to boost the benefits it provides retirees by 8.7%, the biggest cost-of-living adjustment since 1981. It comes as sky-high inflation continues to...

Yen weak in upper 146 range vs. dollar after upbeat US data

TOKYO — The yen faced ongoing pressure in the upper 146 range against the United States dollar on Thursday in Tokyo as prospects of aggressive monetary...

Patagonia’s grand gesture sends the wrong message about ethical capitalism

Patagonia’s recent blockbuster announcement that the company was “turning capitalism on its head by making the Earth our only shareholder” is generating a lot of attention....

Morocco’s economy expected to grow by 3.1% in 2023: IMF

WASHINGTON – Morocco’s economy is expected to grow by 0.8 percent in 2022 before increasing to 3.1 percent in 2023, according to the International Monetary Fund (IMF)....

New normal prompts Filipinos to buy insurance coverage

MANILA — The pandemic has increased interest to have insurance coverage, according to an official of Manulife Philippines who said the “new normal” encouraged more Filipinos...