Germany Announces $44.4 Billion Plan to Lessen Impact of Coal Plant Closures

Credit to Author: Darrell Proctor| Date: Wed, 28 Aug 2019 17:08:34 +0000

German officials on Aug. 28 approved a plan to spend as much as €40 billion ($44.4 billion) over the next 20 years on projects designed to lessen the impact of the country’s complete move away from coal-fired power generation. Peter Altmaier, the country’s economy minister, said the money will become available after lawmakers pass legislation […]

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Pernia hopes Duterte to certify proposed economic measures ‘urgent’

Credit to Author: The Manila Times| Date: Mon, 22 Jul 2019 08:00:22 +0000

SOCIOECONOMIC Planning Planning Secretary Ernesto Pernia hopes President Rodrigo Duterte to certify his proposed economic measures as urgent during the fourth State of the Nation Address on Monday. At the Batasang pambansa in…READ

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China GDP growth slows to 6.2% in second quarter

Credit to Author: jespinosa| Date: Mon, 15 Jul 2019 02:45:15 +0000

China’s growth slowed to its weakest pace in almost three decades in the second quarter, with the US-China trade war and weakening global demand weighing on the world’s number-two economy, official data showed Monday.

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New Negros Occidental governor vows to keep “bringing food to the table”

Credit to Author: racosta| Date: Mon, 01 Jul 2019 06:51:37 +0000

The 35th governor of the province of Negros Occidental on Saturday (June 29) took his oath of office promising to “continue to bring food to the table” by helping farmers become more productive.

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American paradox: Deficit widens even as economy grows

Credit to Author: jespinosa| Date: Sun, 16 Jun 2019 03:10:20 +0000

American paradox: Deficit widens even as economy grows

President Donald Trump likes to take credit for the US economy, with historic low unemployment and few signs of rising prices, but his promises that surging growth would pay for massive tax cuts are falling flat.

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Tempers flare as oil-rich Venezuela starts to ration gas at the pumps

Credit to Author: mfrialde| Date: Thu, 06 Jun 2019 00:02:33 +0000

Tempers flare as oil-rich Venezuela starts to ration gas at the pumps

BARQUISIMETO, Venezuela — Maria Lopez complains about gasoline rationing that Venezuela — home to the world’s largest oil reserves

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Iran president seeks wartime executive powers

Credit to Author: kadraneda| Date: Tue, 21 May 2019 07:55:50 +0000

Iran president seeks wartime executive powers

Iran’s president has told a group of clerics that he is seeking expanded, wartime executive powers to better deal with an “economic war” triggered by the Trump administration’s pullout from the nuclear deal and escalating U.S. sanctions.

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