Tag: Economy

Oil prices surge after U.S.-Israel strikes on Iran, triggering Asian market losses and raising fears of higher energy costs

Rising geopolitical tensions unsettle markets as fears grow that prolonged conflict could disrupt energy supply and economic stability

Church social action arm says oil-driven conflicts deepen instability and economic hardship, calling for urgent renewable energy transition

Asian markets reel as conflict-driven oil price surge raises pressure on economies, threatening recovery and complicating global monetary policy

IBON said farmers have long been raising concerns about landlessness, precarious employment, and declining food self-sufficiency

Philippine economic growth slowed to a 14-year low in 2025 as corruption scandals and climate disruptions weighed on confidence

Bishop Alminaza urged cross-sector action, framing the Gospel as a mandate for ecological healing, ethical governance, inclusive economies

Church and civil society voices converge to confront systemic injustice through faith-rooted dialogue, solidarity, and collective action

“It’s been six years since the Rice Liberalization Law was passed, and its impact on farmers and consumers has been disastrous"

"The sharp rise in prices, especially for food and everyday goods, is weighing on people," said Bishop Gomes.