Tag: oil

Rise of the machines to result in net loss of 5.1 million jobs!

January 20, 2016 benign0 33 Comments

According to a report on the results of a World Economic Forum (WEF) survey conducted across 15 economies that “account for approximately 65 per cent of the world’s total workforce”, robots and artificial intelligence technology will eliminate 7.1 million jobs over the next five years. The new technologies will, however, create 2 million “new positions”…

Economy, Tech Talk

OFW party could be over for the Philippines as Saudi Arabia runs out of money

January 6, 2016 benign0 24 Comments

A CNN Money reports today that the Kingdom of Saudi Arabia is running out of money. This bit of news is practically unsurprising considering the drastic movements in the traditional energy market seen in recent months. Within less than two years, oil prices have dropped from $100 per barrel to just $36. Why is this…

Economy, Lifestyle

Price Hikes Versus Wage Hikes?

April 7, 2012 a 21 Comments

Amidst the political turmoil that continually pervades our country, a strong and passionate plea reverberates among the mouths of the marginalized. Amidst the slums of the Philippines echoes the unswerving determination of the less-fortunate to assert what they want from the government, as shown by the series of protests conducted by advocacy groups across the…

Charter Change, Economy, Government, Money Talks