NEW YORK -- Food prices have been soaring in the past year. The price of milk has shot up by about 25 percent. Pasta products are up 30 percent, and the price of eggs jumped 60 percent.
She may be one of the toughest crusaders against flagrant deceptive sales practices and dubious products, but when it comes to rising prices, even Atty. Zenaida Reyes, president of the Consumer Federated Group of the Philippines, has to learn how to roll with the economic punches.
OPEC'S president has rebuffed a push from Western nations for increased oil production, arguing that current record prices are unrelated to supply-and-demand issues.
U.S. consumers got a timely hand up from their Uncle Sam in May, with nearly $50 billion in tax rebate checks boosting personal incomes as high gas prices and falling home prices squeezed their pocketbooks.
If there is one thing I've learned from my dealings with economists over the years, it's that their work is very complicated and it's easy for even the smartest people to make incorrect assumptions if they overlook key factors.
The H's in 4-H stands for head, heart, hands and hustle, but they mean a lot more to many participants. They have meant lifelong friendships, even marriage, and for some, they've created a window to career paths. Here are a few of their stories:
While 2003 was not the banner year hoped for by the government, it still offered some signs for cautious optimism, especially in terms of foreign investment and a burnished international image owing to the general lack of violence.
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