Tags: economic crisis

By BENJIE OLIVEROS Bulatlat.com In 2008, when the economic crisis hit the US, newly elected President Barack Obama unveiled a stimulus package that bailed out the erstwhile “too big to fall” financial investment houses and banks. This went on for years with the US government implementing two rounds of quantitative easing measures. But these have…

By BENJIE OLIVEROS Bulatlat.com There seems to be no relief in sight , even temporarily, to the world economic crisis that imploded in 2008. While economists declare every seemingly positive sign, such as an increase in stock prices or in consumption expenditures, as the start of economic recovery, they have been disproven time and again…

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.

Bulatlat.com The 7.9% growth in gross domestic product (GDP) is welcome at least for appearing to be mainly driven by domestic investors, according to research group IBON. Net foreign capital inflows in the first five months of 2010 were earlier reported to be 68% lower than in the same period last year. However, the group…

The world has once again celebrated International Labor Day this May 1st. This year’s May 1 celebration has assumed greater significance as the world economic crisis wreaks havoc on people’s lives especially the working class. Workers all over the world have been losing their jobs. What should workers do to address their worsening situation? Should…

BY BULATLAT A party-list lawmaker said the government must go beyond its ‘band-aid solutions’ to the economic crisis. Anakpawis Representative said the Department of Labor and Employment’s (DOLE) package of solutions consists only of ‘band-aid solutions’ and does not correspond to the intense impacts of the economic crisis on locally-employed and overseas Filipino workers. Solutions…