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Tag: World Bank

Philippine growth fails to ease poverty, joblessness

At his State of the Nation Address to mark the opening of the 16th Congress, Philippine President Benigno Aquino III talked about the country’s stunning growth, the stable inflation rate and its attainment of investment-grade status from two credit ratings agencies. But analysts said Aquino, who’s now in the third year of his six-year term, is yet to fulfil his campaign promise of reducing poverty by fighting corruption ...

World down on jobs, with Europe bleakest: Gallup

57pc of adults worldwide said it was a bad time to find a job – unchanged from 2011, although global views on job prospects have improved since 2009, the height of the global downturn. Greece, Italy and Spain the worst places to find work ...

Blackstone hires NATO ex-commander as adviser

Wesley Clark, the former NATO Supreme Allied Commander in Europe and a one-time US presidential candidate, joins Blackstone to advise on its investments in energy companies ...