Editorial
Global risks
As the nation welcomed the new year with much optimism, the world’s biggest economy across from the Pacific teetered on the brink of disaster, poised to fall off a “fiscal cliff.”
As the nation welcomed the new year with much optimism, the world’s biggest economy across from the Pacific teetered on the brink of disaster, poised to fall off a “fiscal cliff.”
We’ve heard so much about the United States’ impending “fiscal cliff” in recent weeks, and the harm it could inflict well beyond the American economy. Here at home, there is so much optimism on the outlook for the Philippine economy with its surprising growth performance and a general upswing in business confidence due to perceived governance improvements.
