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+ Follow CHIEF PHILIP MEDALLA Tag
CHIEF PHILIP MEDALLA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 399843
                    [Title] => Is there hope for economy now up to 2010?
                    [Summary] => 

After being bombarded with media reports on the current crisis in the world’s economy and the pitiful state of our own, the question on people’s mind is simply,...

[DatePublished] => 2008-09-12 00:00:00 [ColumnID] => 133182 [Focus] => 0 [AuthorID] => 1804837 [AuthorName] => Boo Chanco [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 399438 [Title] => What's going on with the economy? [Summary] =>

I am often asked why the peso is skidding and if it will again be P50 to the dollar. Why shouldn’t the peso skid against the dollar? The dollar is gaining strength such that even the euro, the pound and the yen are giving up past gains. Despite American consumers in recession mode, American exports are up and their trade balance has improved tremendously lately. And because consumers are not buying as much, American imports are down and contributing as well to a favorable trade balance.

[DatePublished] => 2008-09-10 00:00:00 [ColumnID] => 133182 [Focus] => 0 [AuthorID] => 1804837 [AuthorName] => Boo Chanco [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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