IMF sees inflation returning to pre-pandemic level by mid-2022

ANKARA – The International Monetary Fund (IMF) on Wednesday said higher inflation will likely continue in the coming months, but it would return to pre-pandemic levels by...

Gov’t spending to contribute more in economic recovery

MANILA – Government spending, which expanded by 0.7 percent year-on-year last July, is expected to post faster growth in the coming months and boost economic recovery....

Biz groups support policies restricting mobility of unvaxxed

MANILA – While respecting the decision of individuals who do not want to get vaccinated, several business groups believe that the government and the private sector...

3 ways the collapse of Evergrande will hurt the Australian economy

Evergrande, China’s second-largest property developer, is in peril. After a decade of massive growth, including investing in “Fairyland” theme parks, an electric car company and a...

Affordable housing is a myth that worsens the housing crisis – but there is a fix

The UK’s housing crisis hardly requires an introduction. It affects people across the housing spectrum — from leaseholders stuck with flammable cladding to tenants in overcrowded...

Coffee bean prices have doubled in the past year and may double again – what’s going on?

The end of furlough: Londoners and workers over 50 will be hardest hit – new research

After 19 months of paying to help UK workers to stay in their jobs during the pandemic, the government furlough scheme finishes at the end of...

How ‘deliberate listening’ builds bonds between managers and workers

The digital transformation of the workplace has created greater opportunities for new forms of work arrangements — remote, hybrid, distributed and flexible work. While in-person meetings...

Gym part of essential sectors: DTI

MANILA – Fitness clubs and centers should be part of essential sectors that are allowed to operate under Alert Level 4, Department of Trade and Industry...

How rising wholesale electricity prices will affect the switch to electric vehicles

Europe is facing an energy crisis thanks to low wind-power generation, broken connections that allow electricity to be shared across nations and shrinking nuclear energy sources....