China in Close Contact with U.S. on Trade, Urges Tariffs Cut
Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Chinese officials are in “close contact” with U.S. counterparts on trade negotiations, Ministry of Commerce spokesman Gao Feng said, while reiterating that tariffs should be reduced proportionately as part of a phase-one accord. Gao declined to give further […]
Trump Signs Bill Backing Hong Kong Protesters, Triggering Retaliation Threat
Donald Trump signed legislation that expresses U.S. support for Hong Kong protesters, a move that threatens to complicate trade talks with Beijing just as the two nations get close to signing a phase one deal. The bill requires annual reviews of Hong Kong’s special trade status under American law, as well as sanctions against any […]
Is your situation forcing you to file bankruptcy?
FACING serious debt problems can be depressing to a lot of people. It may seem like the end of the world. You may feel angry, depressed, guilty- or a combination of all three. You may even be blaming yourself for making the decisions that led you to your present situation. I’m here to tell you, however, that […]
Outstanding Men & Women of the Year (Philippines) awards honor trailblazers
Manila, Philippines – They are game-changers, rule breakers, and trailblazers. The country’s “Outstanding Men and Women of the Year” for 2019 were feted at a glittery gala in late November in Teatrino (“the biggest little theatre” in the heart of Manila’s shopping haven, Greenhills). This year’s batch of awardees was led by Isko Moreno who […]
US pressure tightens Thailand’s economic bind
When US Commerce Secretary Wilbur Ross alights in Bangkok for this weekend’s Association of Southeast Asian Nations (ASEAN) summit, his Thai hosts are expected to make their case for more lenient US trade treatment. On October 25, the Office of the US Trade Representative (USTR) caught Thai officials off-guard by announcing it would punitively retract […]
Gov’t targets to lift 1-M Filipinos out of poverty every year — Palace
The government has targeted to lift 1 million Filipinos out of poverty every year, Malacañang said Tuesday, October 22. Presidential spokesperson Salvador Panelo issued the statement after the latest Social Weather Stations (SWS) survey showed fewer Filipino families labeled themselves poor. The survey showed 42 percent or some 10.3 million Filipino families consider themselves poor […]
U.S. Wins $7.5 Billion Sanctions Against EU in WTO Aircraft Fight
The World Trade Organization gave President Donald Trump the go-ahead to impose tariffs on as much as $7.5 billion worth of European exports annually in retaliation for illegal government aid to Airbus SE. The award is the largest in WTO history — nearly twice as large as the previous record of $4.04 billion set in 2002. […]
Yes, Robots Are Hurting Your Pay, Fed Study Finds
Automation has “contributed substantially” to reducing the portion of national income that goes to U.S. workers over the past two decades, according to a new study by economists at the Federal Reserve Bank of San Francisco. Despite the lowest unemployment rate in around 50 years, the so-called labor share has fallen to about 56% from 63% in […]
Sex harassment creates a hostile work environment
CHASTITY Jones, is a 42-year-old single mother, who worked as a sales accountant Hologram USA and FilmOn.TV, companies owned by billionaire Alkiviades David. FilmOn.TV Networks is an online television service and Hologram USA operates a hologram theater in Hollywood that has produced holographic images of entertainers Billie Holiday, Jackie Wilson and Bernie Mac. Jones said […]
Why the coming recession could force the Federal Reserve to swap greenbacks for digital dollars
Published: Sept 6, 2019 10:41 a.m. ET 30 Paper bank notes are being upgraded for a digital future around the world ByCHRISMATTHEWSMARKETS REPORTER The Federal Reserve has never been more famous than it is today. It drew praise, and ire, for its handling of the financial crisis a decade ago, and the extraordinary measures it took subsequently […]