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by John BIERS Agence France Presse The latest tragic plane crash involving another Boeing aircraft adds to the travails facing the company after its 737 MAX was grounded nearly a year ago following two deadly crashes. Details were limited Wednesday about the crash of a Ukraine International Airlines plane, a Boeing 737-800, near Tehran that killed 176 people. Yet the latest bad news involving a Boeing plane weighed on company shares, which were down 1.3 […]
Tony Gamal-Gabriel Agence France Presse BEIRUT, Lebanon–Fugitive auto tycoon Carlos Ghosn on Wednesday accused Nissan and Japanese prosecutors of plotting against him, vowing to prove his innocence at his first public appearance since fleeing the country. The former Renault-Nissan boss described the financial misconduct charges he faced in Japan as “baseless” as he addressed a large crowd of journalists in Beirut. “The collusion between Nissan and prosecutors is everywhere,” Ghosn said, claiming his arrest in […]
Beirut, Lebanon (AFP)–Fugitive auto tycoon Carlos Ghosn Wednesday claimed automaker Nissan lost $40 million daily and Renault 20 million euro per day since his arrest in 2018. “The market cap decrease of Nissan since my arrest is more than $10 billion. They lost more than $40 million a day during all this period,” he told reporters in Beirut, where he arrived after skipping bail in Japan. “Renault is not better, because the market cap of […]
(Eagle News) — “Pray nobody will be interested” in the new water contracts prepared by government. This was the advice of President Rodrigo Duterte to Manila Water and Maynilad, which have yet to accept the contracts made by the Department of Justice after it found what it said were onerous provisions in the existing ones. Among these provisions were a ban on the government from interfering in setting water rates and an indemnification clause should […]
(Eagle News) — President Rodrigo Duterte has promoted Court of Appeals Justice Samuel Gaerlan to the Supreme Court. Gaerlan filled in the post vacated by Diosdado Peralta, who is now Chief Justice. He bested the other shortlisted applicants for the SC post: Court Administrator Midas Marquez and CA justices Manuel Barrios, Ramon Garcia, Jhosep Lopez and Eduardo Peralta.
TEHRAN, Iran (AFP) — Iran’s supreme leader said a “slap in the face” was delivered to the United States, when the Islamic republic fired missiles at US troop bases in Iraq on Wednesday. “Last night, a slap in the face was delivered,” Ayatollah Ali Khamenei said in a speech broadcast live on state television. His remarks came after he had vowed “severe revenge” for a US drone strike that killed Iranian military commander Qasem […]
KIEV, Ukraine (AFP) — The Ukrainian plane that crashed outside Tehran on Wednesday morning, killing all on board, was carrying 82 Iranian and 63 Canadian nationals, a Ukrainian minister said. The Boeing 737 was also carrying 11 Ukrainians, 10 Swedes, four Afghans, three Germans and three Britons, Foreign Minister Vadym Prystaiko wrote on Twitter. © Agence France-Presse
(Eagle News) — President Rodrigo Duterte has already sent Presidential Adviser on Overseas Filipino Workers Abdullah Mamao to Iran and Iraq to talk with the leaders of these countries for the purpose of securing Filipinos in the midst of heightening tension in the region, according to a Malacanang announcement. “Well, I have sent Secretary Mamao. He is a Maranao. He’s a Cabinet member. He’s my fraternity brother. I trust him,” the President said in […]
(Eagle News)–The mandatory repatriation applies to Filipinos in Iran, Iraq and Lebanon, Labor Secretary Silvestre Bello III said. Bello made the confirmation as he announced an alert level 4 was already hoisted over the three countries, following the US killing of top Iranian military official Qassam Soleimani. Philippine Overseas Employment Agency administrator Bernard Olalia said the POEA will convene this Friday to issue the resolution declaring the total deployment ban on OFWs to those countries. […]
(Eagle News)-A Department of Budget and Management official on Wednesday, Jan. 8, gave the assurance there were available standby funds for the repatriation of Overseas Filipino Workers in Iran and Iraq. In an economic press briefing in Malacañang, Budget Assistant Secretary Rolando Toledo said the Department of Foreign Affairs had P1.29 billion for its repatriation program. According to Toledo , the Overseas Workers Welfare Administration also had P600 million on standby for OFWs who need […]
JAKARTA, Indonesia (AFP) — Indonesia has deployed fighter jets and warships to patrol islands near the disputed South China Sea, the military said Wednesday, escalating tensions with Beijing after a diplomatic spat over “trespassing” Chinese vessels. President Joko Widodo also headed Wednesday to the fishing-rich waters around the Natuna islands, which border the South China Sea, most of which is claimed by China despite competing claims from other Southeast Asian nations including Vietnam, the […]
