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Jobless rate eases to 5.1% in February
philstar75d ago

Jobless rate eases to 5.1% in February

The country’s unemployment rate declined in February from the previous month as new jobs opened, but the Middle East conflict is seen to pose risks to the labor market, according to the Philippine Statistics Authority.

#ECONOMY
Biofuels as strategic energy asset
philstar75d ago

Biofuels as strategic energy asset

The latest escalation of tensions in the Middle East has once again exposed an uncomfortable reality for the Philippines: as a country that imports the vast majority of its oil, we remain highly vulnerable to global shocks beyond our control.

#ECONOMY
Trumpflation and economic and energy diplomacy
philstar75d ago

Trumpflation and economic and energy diplomacy

Six East Asian countries have reported their March inflation so far, and the initial impact of the Iran war has been embedded. I compare their inflation from March 2025 to March 2026 in percent: Laos 11.2 to 9.7; Vietnam 3.1 to 4.6; Philippines 1.8 to 4.1; Indonesia 1.0 to 3.5; South Korea 2.1 to 2.2 and Thailand 0.8 to -0.1.

#ECONOMY
nwemail_co75d ago

Launch of tourism podcast

A new podcast from Cumbria Tourism is putting the spotlight on some of the interesting and inspiring stories, challenges and opportunities which make the Lake District one of the UK’s most iconic visitor destinations.

#ECONOMY
Mysterious Bitcoin Inventor Satoshi Nakamoto Is ‘Unmasked’ As British Nerd Who Could Secretly Be Worth $70bn
gulf_insider75d ago

Mysterious Bitcoin Inventor Satoshi Nakamoto Is ‘Unmasked’ As British Nerd Who Could Secretly Be Worth $70bn

The New York Times published an investigation on Wednesday arguing that Adam Back, the British cryptographer who invented Hashcash, is the most likely person behind the Satoshi Nakamoto pseudonym used by Bitcoin’s creator. Back denied the claim, telling Cointelegraph he was referring reporters to his post on X after previously rejecting similar attempts to identify him as Satoshi. Back reiterated in the post that he is not Satoshi, adding that he “was early in laser focus on the positive societal implications of cryptography, online privacy and electronic cash, hence my ~1992 onwards active interest in applied research on ecash, privacy tech on cypherpunks list which led to hashcash and other ideas.” The investigation was conducted by John Carreyrou, a French-American investigative journalist best known for exposing the Theranos fraud. In the report, he claims that Back, who was cited in Nakamoto’s Bitcoin white paper, actively discussed electronic cash for years, then vanished just as Bitcoin (BTC) emerged, only to reappear after Satoshi disappeared. The story revives one of Bitcoin’s oldest mysteries by putting one of the protocol’s earliest and most influential cryptographers at the center of a new attempt to identify Satoshi, but the case remains circumstantial without cryptographic proof. [...]

#CRYPTO