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POSTS FOR "Economic and Socio-Cultural Rights"

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Oil price hikes continue to erode income of drivers

Oil price hikes continue to erode income of drivers

By MARYA SALAMAT
Comparing the local oil prices to that in other countries in the past years, Piston said the local pump prices have risen far more than the amount necessitated by price movements abroad and the peso-dollar exchange rate. The transport group continues to accuse the oil companies of overpricing oil products by “an average at least of P7.50 ($0.17) per liter.”

The economic crisis, austerity measures, and resistance in Europe

The economic crisis, austerity measures, and resistance in Europe

By INA ALLECO R. SILVERIO
Governments in Europe are responding to the world economic crisis by tightening control by the European Union and forcing an intensified implementation of neo-liberal measures to compete with the US. Hard-hit by these measures are the working people who are now rising up, conducting massive strikes and protest actions.

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