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Good news on the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business activity. The S&P 500 ...
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Despite the averted Sugar Order No. 4, President Marcos in mid-August still raised the possibility of importing sugar to the Philippines to address the sugar crisis. [ 31 ] [ 32 ] He said that around 150,000 MT of sugar could be imported to address the country's needs for the rest of 2022 and projected the current supply to last until October ...
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund.
On March 31, 2018, the Financial Times reported that the export of the Philippines has continued its drastic drop for the fifth month in a row, [15] while the Philippine Statistics Authority reported that the trade deficit of the country has widened to 47.6%, endangering further the country's local economies. [16]
Nasdaq added that the figures only represent a "fraction" of the "true scope" of financial crimes from last year. "The true scale cannot be accurately measured in numbers, given how much crime ...
The Korean economy exhibited relatively low real GDP growth prior to the spread of the virus caused by COVID-19 (1%). The already sluggish economy led Korea to experience a contraction of its real GDP during the first half of 2020, with a decline of 1.28% in the first quarter and a contraction of 2.74% in the second quarter, indicating a recession.