Archive for February 2009

OFWs: Income earners for the Philippines

The Philippines is expected to lose more than 10 per cent of the money sent home by its citizens overseas which helps keep the economy afloat. The global slowdown means less demand for OFWs, as Al Jazeera’s Marga Ortigas reports. To learn more about OFWs click here

Philippines expects higher deficit

RP can cope with higher deficit: central bank Agence France-Presse | 02/11/2009 8:44 PM Send to friend A budget deficit exceeding two percent of the Philippines’ gross domestic product this year is acceptable amid the global financial crisis, central bank governor Amando Tetangco said Wednesday. “There is an openness to allow a higher deficit to … Continue reading »

Pres. Obama’s first news conference, Feb. 9, 09

On Monday evening, February 9, 2009, President Obama gave his first White House press conference. It was held in the East Room of the White House

Drum roll for the stimulus plan

Senators Reach Accord on Stimulus Plan as Jobs Vanish By CARL HULSE and DAVID M. HERSZENHORN Published: February 6, 2009 . WASHINGTON — Senate Democrats reached an agreement with Republican moderates on Friday to pare a huge economic recovery measure, clearing the way for approval of a package that President Obama said was urgently needed … Continue reading »

The outlines of a recovery plan

In his first weekly address since being sworn in as the 44th president of the United States, President Barack Obama discussed how the American Recovery and Reinvestment Plan will jump-start the economy on January 24, 2009. In his weekly address, President Barack Obama announced on January 31, 2009 that Treasury Secretary Timothy Geithner is preparing … Continue reading »

Obama takes responsibility for failed Daschle appointment

Daschle: A lost opportunity for health reform

Contributed by Gem Daus, a long-time health policy advocate and community leader. “But if 30 years of exposure to the challenges inherent in our system has taught me anything, it has taught me that this work will require a leader who can operate with the full faith of Congress and the American people, and without … Continue reading »

Classic BBC documentary videos on Filipino Martial Arts, escrima

Obama’s 1st signed bill: Equal pay

Obama Signs Equal-Pay Legislation Stephen Crowley/The New York Times President Obama signed his first bill into law on Thursday, approving the Lilly Ledbetter Fair Pay Act, a law named for Ms. Ledbetter, fourth from left, an Alabama woman who at the end of a 19-year career as a supervisor in a tire factory complained that … Continue reading »