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New York in Rainbow Colors

Jeenah Moon, Reuters
Posted at Jun 28 11:18 AM

The spire of One World Trade Center is lit in rainbow colors in support of the LGBT community, prior to the 51st anniversary of the Stonewall Uprising, in Manhattan, New York, U.S., on Friday.  Read more »

Trump threat to 'decouple' US and China hits trade, investment reality

David Lawder, Reuters
Posted at Jun 24 07:57 AM

Conflicting talk from Trump administration officials about "decoupling" the US economy from China is running into a challenging reality: Chinese imports of US goods are rising, investment by American companies into China continues, and markets are wary of separating the world's biggest economies. Read more »

Global trade set to shrink 18.5 percent in second quarter: WTO

Robin Millard, Agence France-Presse
Posted at Jun 23 08:55 PM

Global trade is expected to drop around 18.5 percent year-on-year in the second quarter of this year in a huge coronavirus-driven plunge which nonetheless could have been much worse, the World Trade Organization said Tuesday.   Read more »

Billionaire Razon slashes capex, operations budget at ICTSI due to pandemic

ABS-CBN News
Posted at Jun 18 02:19 PM

Billionaire Enrique Razon told shareholders of his port business ICTSI on Thursday that he slashed new capital expenditures to "almost nothing," as the COVID-19 pandemic choked global trade. Read more »

Trump administration vows to push for 'broad reset' at WTO

Andrea Shalal, Reuters
Posted at Jun 17 10:32 PM

The Trump administration will push for a broad reset of "outdated tariff determinations" at the World Trade Organization to right what it sees as years of unfair treatment of the United States, a top trade official will tell lawmakers on Wednesday. Read more »

G20 vows to avoid 'unnecessary' trade barriers

Agence France-Presse
Posted at May 15 08:21 AM

The G20 on Thursday pledged to avoid "unnecessary" trade barriers on essential goods including food during the coronavirus pandemic, after the WTO and IMF warned over the growing use of export restrictions. Read more »

Ilang OFW na naka-quarantine sa World Trade Center pinuna ang kakulangan ng gamit

ABS-CBN News
Posted at Apr 29 07:48 PM

Pinuna ng ilang overseas Filipino worker na naka-quarantine sa World Trade Center ang kakulangan ng ilang gamit doon.  Read more »

400 OFWs undergo quarantine at World Trade Center

Arianne Merez, ABS-CBN News
Posted at Apr 28 04:29 PM

Around 400 repatriated Filipino workers from Abu Dhabi and the Maldives are undergoing their mandatory quarantine at the World Trade Center, a government official said Monday. Read more »

80 countries limiting exports of face masks, other goods: WTO report

Andrea Shalal, Reuters
Updated as of Apr 24 08:08 AM

Eighty countries and customs territories have banned or limited the export of face masks, protective gear, gloves and other goods to mitigate shortages since the coronavirus outbreak began, the World Trade Organization reported on Thursday. Read more »

THE DAY IN PHOTOS: April 23, 2020

ABS-CBN News
Posted at Apr 24 01:29 AM

Here are the big stories today in photos. Read more »

Blessing before battling COVID-19

Ted Aljibe, AFP
Posted at Apr 23 07:25 PM

A military chaplain (2nd L) blesses military medical personnel at a hall converted into a 500-bed capacity COVID-19 quarantine facility at the World Trade Center in Manila on Thursday Read more »

Ayala Group, AFP open World Trade Center quarantine facility

ABS-CBN News
Posted at Apr 23 07:02 PM

The Ayala Group of Companies and the Armed Forces of the Philippines opened on Thursday the COVID-19 quarantine facility at the World Trade Center. Read more »

PH now has 2,780 quarantine facilities for suspected, 'mild' cases of COVID-19

ABS-CBN News
Posted at Apr 17 10:55 PM

MANILA - The Philippine government has so far prepared 2,780 quarantine facilities across the country for suspected coronavirus disease 2019 (COVID-19) cases and for those having mild symptoms of the illness, a government official said Friday. Read more »

Ayala Group converts part of World Trade Center into COVID-19 facility

ABS-CBN News
Posted at Apr 15 02:47 PM

The project, dubbed WTC We Heal as One Center has safe, clean, and controlled isolation cubicles, as well as examination rooms, nurses’ stations, doctors’ work areas, and medical staff quarters, Ayala said.  Read more »

China, India to narrowly avoid recession in virus-hit 2020: IMF

Agence France-Presse
Posted at Apr 14 10:54 PM

Some of Asia's biggest economies are likely to narrowly avoid recession this year and are poised to bounce back strongly in 2021 if the coronavirus is contained, the IMF forecast Tuesday, with China leading the recovery. Read more »

Global economy to contract 3 percent in 2020 amid coronavirus pandemic: IMF

Kyodo News
Posted at Apr 14 09:21 PM

The global economy is projected to contract by 3.0 percent in 2020 from a year before due to the coronavirus pandemic, a far more severe setback than during the 2008-2009 financial crisis, the International Monetary Fund said Tuesday. Read more »

Global trade will plunge by up to a third in 2020 amid pandemic: WTO

Agence France-Presse
Posted at Apr 08 11:32 PM

Global trade growth is expected to plummet by up to a third in 2020 due to the coronavirus pandemic, the World Trade Organization said Wednesday, warning that the numbers would be "ugly". Read more »

Pagtatayo sa COVID-19 quarantine facilities matatapos ngayong linggo

ABS-CBN News
Updated as of Apr 06 08:48 PM

Matatapos na ngayong linggo ang ilan sa mga itinatayong quarantine facilities ng gobyerno. Read more »

World Trade Center Metro Manila turns its massive floor space into a COVID-19 facility

Updated as of Apr 08 10:04 AM

The popular events place is repurposing its now empty halls to tend to mild Coronavirus cases. BY BAM ABELLON Read more »

Razon construction arm helps convert Manila stadium into COVID-19 facility

ABS-CBN News
Posted at Apr 06 11:41 AM

Enrique Razon's construction unit said Monday it was helping the Philippines' coronavirus task force transform a sports stadium in downtown Manila into an emergency COVID-19 health facility.   Read more »