Ukraine’s economy went from Soviet chaos to oligarch domination to vital global trader of wheat and neon – and now Russian devastation

Russia’s energy clout doesn’t just come from oil and gas – it’s also a key nuclear supplier

As Western nations look for ways to reduce their reliance on Russian oil and gas, another aspect of the Ukraine crisis has received less attention: Most...

COVID bailouts helped politically connected businesses more than others – new research

COVID has been a painfully expensive ordeal for countries across the world. Aside from the medical cost of vaccines, testing and treatment, economic aid for furlough...

Regulating content won’t make the internet safer – we have to change the business models

An upheaval of the law governing what can be published online is taking place in the shape of the online safety bill. The bill, which is...

Ukraine-Russia conflict has little direct impact on PH trade: BSP

MANILA – The Ukraine-Russia conflict is expected to have a limited direct impact on the Philippines’ trade sector, a Bangko Sentral ng Pilipinas (BSP) official said Friday....

Provincial competition law needed to address the power of gig work platforms

With the invention of gig-based platforms like Uber and SkipTheDishes, the gig economy has not just become an integral part of the labour industry, but also...

Russia’s no longer a ‘most-favored nation’: 5 questions about the coveted trading status answered

1. What is most-favored-nation status? Designating a country as a “most-favored nation,” which the U.S. also calls permanent normal trading relations, lies at the heart of...

Interest rates are likely to rise by much less than most people are predicting

Inflation was already a serious problem thanks to the bottlenecks in the global supply chain caused by the COVID-19 pandemic. But following Russia’s brutal invasion of...

US Fed raises interest rates for 1st time since 2018

WASHINGTON – The United States Federal Reserve on Wednesday raised its benchmark interest rate for the first time since 2018 as it seeks to tame the highest...

DOE backs WFH, 4-day work week schemes amid rising oil prices

MANILA – The Department of Energy (DOE) supports the extension of work-from-home arrangement and the proposal for a compressed work week to conserve oil consumption amid...