Articles tagged with: OFW
Posted in Headline, Pinas Now!, Viewpoint on 15 November 2008
The current global economic crisis is a chain of events, primarily blamed on man’s dependency on foreign oil and the manufacturing companies’ dependency on petroleum for food production. Couple it with the mismanagement of creditors to lend money to people and businesses living beyond their means, which leads to more debts and not making enough money to pay the debts. In the end, all these contribute to foreclosures, bankruptcies, unemployment, high oil prices, high food prices, world wide inflation, and global crash or recession not necessarily in that order.
Posted in Featured, Pinas Now! on 15 July 2008
Millions working abroad help their nation get by, but not prosper. It’s a life of lonely, risky sacrifice.