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...
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...
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...
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...
MANILA – The government prefers targeted subsidy over the suspension of excise tax on fuel products because the latter has long-term negative impact on government revenues and...
MANILA – The National Economic and Development Authority (NEDA) is confident about the economy recovering to pre-pandemic level as early as the first quarter of 2022 despite...
WASHINGTON – The US Federal Reserve is widely expected to start raising interest rates from near zero this week as the Ukraine conflict could further push...
The Commerce Commission’s report into New Zealand’s supermarket sector has been criticised for not going far enough to reduce food prices, but the answer to the...
Recent media reporting about the hospitality industry has been dominated by stories about mass resignations and workers leaving for white-collar jobs. Many sources cite a combination...
Even before the Russian army crossed into Ukraine, food prices had been on the rise for the past year. But the world has seen large jumps...