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The Cambridge online dictionary defines kleptocracy as “a state of unrestrained political corruption, literally meaning rule by thieves.” The world is replete with cases of kleptocracy as defined by Cambridge. In the Philippines, one case cited by…
LAPU-LAPU CITY, Philippines — Senator Sherwin “Win” Gatchalian wants President Rodrigo Duterte to discuss his strategies in reviving the country’s economy during his last State of the Nation Address (SONA) on July 26, 2021. Gatchalian said that…
It was awfully quiet during dinner. I could see that my dad was burdened and had little sleep. He was staring at his untouched food, until he finally said, “Today at work, we had to cut costs…
CEBU CITY, Philippines — The National Economic and Development Authority in Central Visayas (NEDA-7) said that in order to boost economic revival the consumer demand would need to rise. In their report to the Regional Development Council…
MANDAUE CITY, Philippines – Mandaue City Mayor Jonas Cortes said he is not inclined to place the city under Enhanced Community Quarantine (ECQ) contrary to the recommendations of some consultants of the Department of Health Central Office…
The Philippines’ performance, both in the management of the pandemic and the economy, was the worst among all Southeast Asia countries in 2020. The nation’s recovery now hinges on two factors: the rapid vaccination of 80 percent…
While the pandemic’s toll on our economy has been particularly severe, the most telling has been the human cost of the economic decline, the implications of which could stay with us well into the future. This had…
Within the space of a year, our economy moved from being at the front of the pack of our comparable neighbors, to being at the tail end. Somehow, we squandered the hard-won head start we already enjoyed…
CEBU CITY, Philippines — Cebu Governor Gwendolyn Garcia is not a bit worried that only 10 of the 50 towns and cities in the province can be considered as Coronavirus Disease 2019 (COVID-19) free. The governor said…
What do past recessions tell us about how fast we can rebound from the deepest contraction our economy has seen in modern history? In our last deep recession 36 years ago (1984-1985), the economy actually shrank by…
Cha-cha, or Charter change, has always been a controversial subject. A survey conducted in mid-2018 revealed that majority of Filipinos were against amending the Constitution, and this unpopularity may have historical underpinnings. Many Filipinos still recall how…
Finally we end the worst year the world has experienced since the world wars, and in some ways beyond maybe. The impact on our lives has been, quite simply, horrendous. The impact on national economies disastrous. It…
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