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Slow COVID vaccination to cost global economy $2.3 trillion: study

Agence France-Presse
Updated as of Aug 25 09:25 AM

The Economist Intelligence Unit's study found that emerging and developing economies, whose vaccine rollouts are far behind those of wealthier countries, will bear the brunt of those losses. Read more »

The most livable city in the world in the time of COVID is...

Reuters
Updated as of Jun 09 08:41 AM

COVID-19 has shaken up the Economist Intelligence Unit's annual ranking of most livable cities, propelling this city to first place.  Read more »

Vaccinate more people to 'really start opening economy:' ING Bank economist

ABS-CBN News
Updated as of Mar 04 10:56 AM

 A prompt rollout of the COVID-19 vaccination program to reach most of the population will fast track the reopening of the economy and pave the wave for recovery, an economist said Thursday. Read more »

Palace says democracy 'very much alive' even as PH falters in global index

Jamaine Punzalan, ABS-CBN News
Posted at Feb 04 03:25 PM

Malacañang on Thursday said democracy in the Philippines is "very much alive", even after the country slipped one spot in a global index, below some of its Southeast Asian neighbors.  Read more »

PH GDP seen to grow 3 percent in 2021, 'best case' at 4 percent

ABS-CBN News
Posted at Jan 28 01:17 PM

An economist is forecasting a 3-percent growth in the country's gross domestic product (GDP) this year, and a best-case scenario at 4 percent, which would depend on the pace of COVID-19 vaccine rollout and government spending on infrastructure and agriculture. Read more »

'Shifting metrics': People mobility key to solving traffic woes

ABS-CBN News
Posted at Nov 26 02:04 PM

MANILA - A transport economist on Thursday underscored the need to shift the metrics from vehicular traffic to people mobility as Metro Manila continues to grapple with worsening traffic condition amid the COVID-19 pandemic. Read more »

Paris, Zurich and Hong Kong are world's most expensive cities in 2020: report

ABS-CBN News
Updated as of Nov 18 11:43 AM

Paris, Zurich and Hong Kong overtook Singapore and Osaka as the world's most expensive cities this year, according to The Economist's Worldwide Cost of Living report.  Read more »

ADB economist says strong recovery for Philippines possible next year

ABS-CBN News
Posted at May 20 05:49 PM

An analyst at the Asian Development Bank said on Wednesday it was possible for the Philippines to stage a strong recovery next year after getting battered this year by the COVID-19 crisis. Read more »

Think tank: Novel coronavirus outbreak can cut China's GDP growth

ABS-CBN News
Posted at Feb 01 12:02 AM

The Economist Intelligence Unit says China's real GDP growth this year may slow by up to 1 percentage point from its baseline forecast of 5.9 percent. Read more »

Think tank: Novel coronavirus outbreak can slow China's GDP growth by up to 1 pct

ABS-CBN News
Posted at Jan 31 05:19 PM

The Economist Intelligence Unit says China's real GDP growth this year may slow by up to 1 percent from its baseline forecast of 5.9 percent. Read more »

Climate impacts 'to cost world $7.9 trillion' by 2050

Patrick Galey, Agence France-Presse
Posted at Nov 20 08:41 AM

Climate change could directly cost the world economy $7.9 trillion by mid-century as increased drought, flooding and crop failures hamper growth and threaten infrastructure, new analysis showed Wednesday.  Read more »

Vienna is world's 'most liveable city' for second year: The Economist

Agence France-Presse
Posted at Sep 04 07:25 AM

Vienna once again came ahead of Melbourne -- which had held the top ranking for 7 years until losing it to Vienna in 2018 -- according to a report by the Economist Intelligence Unit (EIU) released Wednesday.   Read more »

US-China trade war damage may be 'irreversible,' says journalist

ABS-CBN News
Updated as of Jun 11 10:26 AM

While the US-China trade war has disrupted the world's supply chains, domestically-driven economies like the Philippines are "a little bit sheltered," according to a journalist. Read more »