short essays in general and images about philippines, Summaries of English

Download short essays in general and images about philippines and more Summaries English in PDF only on Docsity! Select 1 global issue and explain how it affects our country, the Philippines Russia-Ukraine war may worsen poverty in Philippines – World Bank Economic shocks caused by Russia’s attack on Ukraine and the ensuing global sanctions could impact growth in Southeast Asia, including the Philippines push up international prices of food and fuel, hurting consumers and economic growth. poverty incidence could increase by one percentage point, equivalent to 1.1 million people The poverty incidence among Filipinos rose to 23.7% in the first half of 2021, equivalent to 26.1 million Filipinos spikes in fuel prices impact people’s real income. The PSA earlier said a family of five now needs at least P12,082 to meet the most basic food and non-food needs, 14.7% higher than the monthly average of P10,532 in 2018. PSA reported that the inflation rate jumped to 4% in March, driven mainly by faster upward movements of fuel and food costs https://www.bbc.com/news/world-europe-56720589 https://www.rappler.com/business/world-bank-sees-russia-ukraine-war-likely- worsening-poverty-philippines/ Global Issue: Economic decline Russia-Ukraine War Philippines dependence on Russia and Ukraine in terms of goods, services, and capital is limited amidst the war. Resulting an increase of international prices of food and fuel, affecting consumers and economic growth.