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From DR SYED ALWEE ALSAGOFF, National Council of Professors.
MANILA (Philippine Daily Inquirer/Asia News Network): Persistently weak global economic prospects and high prices of goods and services as well as ebbing consumer spending are expected to continue to weigh down Philippine output, such that it will grow much lower than previously forecast, according to GlobalSource Partners.
New York-based Paul, Weiss, Rifkind, Wharton & Garrison plans to close its Beijing office at the end of the year
DUBAI: Saudi Arabia faces the most precarious moment yet of its economic reinvention.
Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude production cuts, highlighting its still heavy reliance on oil as reforms to diversify are slow moving.
ISTANBUL (Reuters) - President Tayyip Erdogan and supporters on Monday revelled in an election victory lengthening his rule into a third decade while Turkey's opposition, which once counted on winning, braced for "difficult days" against an increasingly autocratic government.
The ease in joblessness last September, as stressed by the National Economic Development Authority (NEDA), is one of the gains of the resumption of economic activities following nearly two years of Covid-19 lockdowns.
ANKARA (Reuters) - Turkey's pledge to block some Russian warships from passing through its waters to the Black Sea during the Ukraine crisis could help repair its ties with NATO, even as it risks reprisals from Moscow.
ANKARA (Reuters) - When Russian President Vladimir Putin announced his decision to recognise two breakaway regions in east Ukraine as independent, NATO member and Black Sea neighbour Turkey swiftly criticised the move, but stopped short of announcing any punitive measures.
