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World Bank lowers 2016 outlook for oil to 37 U.S. dollars per barrel

  THE World Bank cut its 2016 forecast for crude oil prices to 37 U.S. dollars per barrel and foresaw other commodity prices to shed further this year due to weak demands from emerging economies. In its latest Commodity Markets Outlook report, the bank said the lower forecast reflects sooner-than-anticipated resumption of exports by Iran, greater resilience in U.S. production and weak growth prospects in major emerging market economies. Oil prices fell by 47 percent […]

AFP Gen. Pangilinan admits air assets on field not used to help SAF

  (Eagle News)– During the continuation of the Senate hearing on the Mamasapano probe, Armed Forces of the Philippines 6th Infantry Division Commander Major General Edmundo Pangilinan admitted he had two air assets, specifically army helicopters, at his disposal on January 25, 2015, but decided not to use these to help beleaguered Special Action Force troopers in Mamasapano. In response to the questioning of Senator Juan Ponce Enrile, Pangilinan said that the Huey helicopters on the […]

China urges U.S. to play constructive role in dealing with South China Sea

  CHINA urged the United States to play a constructive role in dealing with sensitive issues, referring to the South China Sea, Chinese Foreign Minister Wang Yi said on Wednesday. China has been firmly committed to safeguarding peace in the South China Sea, Wang said at a joint press conference with visiting U.S. Secretary of State John Kerry in Beijing. “The South China Sea has been China’s territory since ancient times. China has the right […]

Japanese Emperor Akihito and Empress Michiko lay wreath at Rizal monument

Japan’s Emperor Akihito and his wife Empress Michiko on Wednesday laid a wreath at the monument of Dr. Jose P. Rizal in honor of the Philippine national hero. After meeting with President Benigno S. Aquino III in Malacañang Palace, Their Majesties proceeded to Rizal Park in Manila for the wreath-laying ceremony. The Emperor and the Empress arrived at the park at 12:10 p.m. and were welcomed by former president and incumbent Manila Mayor Joseph Estrada […]

Mamasapano probe: Enrile questions US involvement in ‘Oplan Exodus’

Senator Juan Ponce Enrile also questioned the involvement of the US government particularly the Central Intelligence Agency or CIA in the law enforcement operations of the Philippine National Police—particularly the Special Action Force (SAF)—when it is not covered by the Visiting Forces Agreement. Enrile was grilling former SAF chief Getulio Napeñas at the senate investigation on the Mamasapano clash. Enrile asked Napeñas to elaborate the extent of the US involvement in “Oplan Exodus,” the SAF-led […]

Enrile: Pres. Aquino shielding himself from responsibility in Mamasapano incident

At the opening of the Mamasapano probe, Sen. Juan Ponce Enrile claimed that President Benigno Aquino was shielding himself from any responsibility for the Mamasapano incident. Enrile said at the resumption of the Senate inquiry that he will show evidence that Aquino directly participated in the planning and preparation of Oplan Exodus. The senator claimed that Aquino was aware when the encounter between the Special Action Force (SAF) troopers and Moro rebels were ongoing and […]

Aquino welcomes Emperor, Empress of Japan in Malacañang

Japanese Emperor Akihito and Empress Michiko met with President Aquino in Malacañang earlier today. A welcome ceremony was held in honor of the Imperial couple, who arrived in Malacañang at around 10:30 a.m. After being greeted by Aquino and being re-introduced to cabinet members, the emperor and empress were escorted to the reception hall to sign the Malacañang guestbook before having a private meeting with President Aquino. The president is also scheduled to hold a […]

Senator Marcos confirms audio recording

Senator Bongbong Marcos confirmed that it was he and Presidential Adviser to the Peace Process Teresita Deles who were talking in the audio recording revealed by retired General Diosdado Pederoso. Marcos added that said recording was unauthorized and that it occurred in his office. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)

Proposal for voluntary duty of public school teachers during elections, forwarded to the President

The Senate version of the proposed law laying down the voluntary basis of service during election by public school teachers was adopted and as such no longer needs to undergo bicameral committee. Said proposed law is now forwarded to the Palace for the President’s signature. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos) https://youtu.be/EOQAMdNqKEM

SC asks if Senator Grace Poe paid income tax in 2005

In order to determine whether or not Senator Grace Poe has complied with the residency requirements for presidential candidates, Associate Justice Arturo Brion of the Supreme Court asked said senator’s counsel, Atty. Alexander Poblador whether she filed her 2005 income tax return. Atty. Poblador responded that his client already planned to reside in the Philippines since 2005. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)