Microinsurance is emerging as a key development in building increased financial inclusion and economic empowerment within the Philippines. Kamala Harris makes history as US vice presidential candidate, but barriers remain for women in power around the world.Demas Nwoko's structures are a model of culturally relevant and sustainable African design.Women in northeast Senegal are using solar-powered irrigation to farm food and halt the encroaching desert.Survivors of sex trafficking and those who investigate it in the city share their stories.All Palestinian factions, including Hamas and Islamic Jihad, issued statements denouncing the UAE-Israel agreement.Clandestine channels between UAE and Israel go back decades, but official normalisation is still a blow to Palestinians.We explore the challenges facing immigrant Filipino nurses on the front lines of New York's battle against COVID-19.The dark side of a $100bn industry where enslaved children work in cocoa fields for the chocolate we all love to eat.

coronavirus stocks, COVID-19 stocks, Philippine Stock Exchange, Philippines coronavirus, economy The Coronavirus Vs. 2008 Financial Crisis? "We need to be able to contain this virus as well. The index ended 9.7 percent lower to 5,736.PSEI drops 10.3% now at 5967; waiting for official word on CIRCUIT BREAKER (15-min Trading halt when 10% drop threshold is met); what a day, investors just want OUT President Rodrigo Duterte has taken a test for COVID-19 after he attended an event with a confirmed patient. The financial crisis of 2020 is not the Corona Crisis, in the same way that the 2008 crisis was not the Housing Market Crisis. The Philippine stock exchange chief said he plans to reopen the $188 billion market on Thursday, seeking a quick resumption of trading after the country became the first to shut financial … For more than a decade, banks stopped using their own money to bet on markets but they have lent money to hedge funds to do just that. Bloomberg calculated that Trump's tax cuts saved the US's top six banks $32bn - at the same time these banks cut jobs, slashed borrowing and ramped up payments to shareholders. In Europe, despite politicians saying taxpayers would no longer be on the hook for bailouts, they are still happening.

Consumer prices increased a 0.49% in June over the previous month, a larger rise than the 0.08% increase logged in May and the sharpest increase seen since January. Cash remittances from Overseas Filipino Workers (OFW) fell 16.2% in April, marking the worst reading on record amid a halted global economy and mass return of workers home due to the coronavirus pandemic (March: -4.7% yoy). "Fundamentally and structurally, I think we're in a much better position right now," Pacis told ANC.She said that unlike during the 2008 financial crisis, the government is now in a much better position. The Philippine stock exchange chief said he plans to reopen the $188 billion market on Thursday, seeking a quick resumption of trading after the country became the first to shut financial …

Ready To Be Rich has established itself as a quality source of information for personal finance, investing strategies and business development.

Right now, the impact of the coronavirus is merely causing a short-term earnings recession due to the disrupted supply chains and … Singapore/Manila, the Philippines / Tue, March 17, 2020 / 09:06 am Firemen spray disinfectant to prevent the spread of the COVID-19 coronavirus, at a market in Manila on March 11, 2020…

A surge in evictions could turn into financial crisis, economist warns Published Fri, Jul 31 2020 4:54 PM EDT Updated Fri, Jul 31 2020 5:02 PM EDT Tyler Clifford @_TylerTheTyler_ Amid US-Philippines VFA Crisis, What Will the 2020 Balikatan Exercises Look Like? The Philippine government has set aside around $23 billion in funding for healthcare and economic efforts during the outbreak, said Secretary of Finance Carlos Dominguez. "We are projecting zero to possibly 0.8% negative growth this year," he said. Trading was halted shortly before the market closed, after the decline exceeded the 10-percent "circuit breaker." The Philippine Stock Exchange Index was down 10.33 percent to 5,697.13.It was the steepest drop since Oct. 27, 2008 and the lowest level since 2013, based on Bloomberg data. Bangko Sentral ng Pilipinas Governor Benjamin Diokno, who was in the same event, will go on self-quarantine along with Finance Secretary Carlos Dominguez.The index's next support level is at 5,200 while its next resistance level is at 6,300 said Angel Pacis, president of KnowledgeLinks Wealth Solutions.Peter Lundgreen, founding CEO of Lundgreen's Capital, said he sees no reason for the sell off. We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services. However, the Philippine banking system was relatively insulated with bank failures contained within the rural banking sector whose small assets relative to the total sector’s resources posed little to no systemic risk.

July 17, 2020.

Again, the key question for investors is, basically, how far will this affect companies? Philippines Economic News.

The economic crisis of 2020 Financial market imbalances point to vulnerability. The government could also increase its borrowings from multilateral banks and the commercial market, he said.Got a confidential news tip? Hear from Roger De Pedro, as he details how Microensure have leveraged digital technology and innovation to provide insurance products and services to the traditionally underserved. Luzon, where half of the country's 101 million population live, has been subjected to those measures since March 16.Duterte's decision led several economists to slash their economic forecast for the Philippines. "My general take on the market is that we have seen an overreaction in the stock markets so far," Lundgreen said in an interview with ANC's Market Edge.Pacis said the market's movements are being driven by the COVID-19 pandemic, which is unpredictable.