World Bank president Robert Zoellick is worried that the worsening global economic turmoil could “push developing and poor countries” to the edge, already affected by high food and fuel prices.   Zoellick said they are anticipating the serious implications of the global financial crunch to the balance of payments (BoP) of developing and poor countries. Since these [...]

There are two things why I’m campaigning to oppose the Mindanao War. First, this war would just weaken the entire Philippine economy, leading to more chaos and more misery for the people. It’s mistaken to think that this will just be isolated or contained in Mindanao. History has shown that a war in Mindanao always [...]

This just in. The Bangko Central ng Pilipinas (BSP) reported that inflation hit an astounding 11.4% last June, verifying earlier blog posts about the true state of our economy. This is the highest inflation rate we ever had in 14 years, brought about by rising crude prices and food speculations. I fear that this could [...]