From the News! - Your Daily News » Financial Crisis http://fromthenews.net Sat, 07 Mar 2009 17:35:02 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 IMF’s Strauss-Kahn sees sharp cuts in growth forecasts http://fromthenews.net/imfs-strauss-kahn-sees-sharp-cuts-in-growth-forecasts.htm http://fromthenews.net/imfs-strauss-kahn-sees-sharp-cuts-in-growth-forecasts.htm#comments Wed, 21 Jan 2009 12:28:27 +0000 ripchord http://fromthenews.net/?p=5261 from ITUC-CSI

LONDON, Jan 21 (Reuters) – The International Monetary Fund will sharply cut growth forecasts this month and the world will not return to strong growth for two or three years, IMF Managing-Director Dominique Strauss-Kahn said on Wednesday.

“Things… Read the rest

]]> http://fromthenews.net/imfs-strauss-kahn-sees-sharp-cuts-in-growth-forecasts.htm/feed 0 Winners, Lossers in Financial Crisis http://fromthenews.net/winners-lossers-in-financial-crisis.htm http://fromthenews.net/winners-lossers-in-financial-crisis.htm#comments Tue, 30 Dec 2008 15:25:34 +0000 ripchord http://fromthenews.net/?p=5226 Cris Evert Lato
Cebu Daily News

CEBU CITY, Philippines – About 30 percent of overseas Filipino workers (OFWs) are working in the United States, according to research group Ibon Foundation.

At least 52 percent of OFW remittances… Read the rest

]]> http://fromthenews.net/winners-lossers-in-financial-crisis.htm/feed 1 DOLE to hold talks on layoffs http://fromthenews.net/dole-to-hold-talks-on-layoffs.htm http://fromthenews.net/dole-to-hold-talks-on-layoffs.htm#comments Mon, 29 Dec 2008 13:09:25 +0000 ripchord http://fromthenews.net/?p=5214 Kristine L. Alave
Philippine Daily Inquirer

MANILA Philippines—The Labor department will conduct surveys and meetings with companies in export zones next month to gain a full picture of how the global credit squeeze affects them and to… Read the rest

]]> http://fromthenews.net/dole-to-hold-talks-on-layoffs.htm/feed 0 Gov’t says export sector jobs at risk http://fromthenews.net/govt-says-export-sector-jobs-at-risk.htm http://fromthenews.net/govt-says-export-sector-jobs-at-risk.htm#comments Mon, 29 Dec 2008 13:08:02 +0000 ripchord http://fromthenews.net/?p=5212 Agence France-Presse
Inquirer.net

MANILA, Philippines — Jobs in the Philippines’ export sector will be at risk next year as the global financial crisis worsens, Labor Secretary Marianito Roque warned Monday.

His comments came after Texas Instruments, one of the… Read the rest

]]> http://fromthenews.net/govt-says-export-sector-jobs-at-risk.htm/feed 0 Toledo Mining lays off 90% of workforce (Cites drastic cut in nickel demand) http://fromthenews.net/toledo-mining-lays-off-90-of-workforce-cites-drastic-cut-in-nickel-demand.htm http://fromthenews.net/toledo-mining-lays-off-90-of-workforce-cites-drastic-cut-in-nickel-demand.htm#comments Sun, 28 Dec 2008 13:16:48 +0000 ripchord http://fromthenews.net/?p=5223 Ronnel Domingo
Philippine Daily Inquirer

MANILA, Philippines – Toledo Mining Corp. said it had laid off some 600 workers and contractors while some directors took pay cuts as dampened demand took its toll on nickel operations in… Read the rest

]]> http://fromthenews.net/toledo-mining-lays-off-90-of-workforce-cites-drastic-cut-in-nickel-demand.htm/feed 0 2 more rural banks on holiday http://fromthenews.net/2-more-rural-banks-on-holiday.htm http://fromthenews.net/2-more-rural-banks-on-holiday.htm#comments Fri, 26 Dec 2008 23:02:23 +0000 ripchord http://fromthenews.net/?p=5197 Tonette Orejas
Central Luzon Desk

STA. RITA, Pampanga – A day after Christmas, 86-year-old Benjamin Mariano went to the Rural Bank of Sta. Rita in Barangay San Vicente here, wanting to get a word from the… Read the rest

]]> http://fromthenews.net/2-more-rural-banks-on-holiday.htm/feed 0 Govt sets P300-B ‘sustainability plan’ http://fromthenews.net/govt-sets-p300-b-%e2%80%98sustainability-plan%e2%80%99.htm http://fromthenews.net/govt-sets-p300-b-%e2%80%98sustainability-plan%e2%80%99.htm#comments Wed, 17 Dec 2008 13:08:00 +0000 ripchord http://fromthenews.net/?p=5249 Joel Guinto
INQUIRER.net

MANILA, Philippines – The government has set a P300-billion “sustainability plan” to fuel economic growth and to protect and generate jobs in the face of the global economic crisis, the full impact of which is expected… Read the rest

]]> http://fromthenews.net/govt-sets-p300-b-%e2%80%98sustainability-plan%e2%80%99.htm/feed 0 Cement firms slowing down operations http://fromthenews.net/cement-firms-slowing-down-operations.htm http://fromthenews.net/cement-firms-slowing-down-operations.htm#comments Sun, 14 Dec 2008 15:31:11 +0000 ripchord http://fromthenews.net/?p=5231 Philippine Daily Inquirer

THE BUSINESS slowdown due to the global financial crisis and the expected adverse impact of the recent removal of the tariff on cement have prompted local cement firms to rethink expansion and investment plans, and implement downsizing… Read the rest

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