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OTTAWA, Canada (AFP) — The Bank of Canada raised its benchmark interest rate by 25 basis points to 1.25 percent Wednesday, pointing to sustained growth in the G7 economy and inflation that is closer to the country’s target. The central bank explained in a statement that while the Canadian economy was going strong, with jobs on the rise and inflation in check, “uncertainty about the future of NAFTA is weighing increasingly on the outlook.” Canada, the United […]
BEIRUT, Lebanon (AFP) — The Lebanese government has allowed the release of Steven Spielberg’s latest film, “The Post,” overturning a ban by the General Security authority, a ministry said Wednesday. The security body had on Monday announced it was banning the Hollywood thriller to comply with an Arab League boycott targeting supporters of Israel. In a rare move, the interior ministry chose not to sign off on the decision by General Security, which in addition to controlling […]
SAN FRANCISO, United States (AFP) — Apple announced Wednesday it would pay some $38 billion in taxes — likely the largest payment of its kind — on profits repatriated from overseas as it boosts investments in the United States. The iPhone maker said in a statement it plans to use some of its foreign cash stockpile, which qualifies for reduced tax rates under a recent bill, to invest in new projects. Apple, which claims to be the […]
by Thomas Watkins Agence France-Presse WASHINGTON, United States (AFP) — The US military wants to overhaul its atomic arsenal and develop a new type of low-yield weapon that experts worry could lead to greater proliferation and heighten the risk of nuclear war. The proposed changes to the nuclear weapons program, outlined in a draft version of the Pentagon’s Nuclear Posture Review, mark a significant break from the vision for America’s nuclear future under Barack Obama, who during a famous […]
By Patrick Ivan Palugod EBC New York Bureau NEW YORK (Eagle News Service) — Kristaps Porzingis and Anthony Davis, a dream matchup for years to come, faced up at center court in Madison Square Garden as the visiting Pelicans looked to avenge their previous loss to the Knicks back in December at Smoothie King Arena. Davis scored a season high 48 points and grabbed 17 rebounds as the Pelicans rallied from a 19-point deficit to […]
(Eagle News) — The National Press Club said the Securities and Exchange Commission’s ruling revoking the certificate of incorporation of controversial online news site, Rappler, would not affect nor threaten the exercise of press freedom in the country. “Responsible journalism means complying with the law,” read NPC’s statement issued by its president Paul Gutierrez. The NPC, a professional and social organization of journalists in the Philippines founded in October 1952, said it believed that the […]
President Spokesperson Harry Roque on Wednesday urged reporters of Rappler to reinvent themselves as bloggers instead. Roque made the suggestion a day after the Security and Exchange Commission revoked the news site’s incorporation papers for alleged violation of the constitutional restriction on foreign ownership in mass media. “No one has been prevented from exercising free speech, no one has been banned from performing their role as journalists,” Roque said. Rappler editors could not be reached […]
(Eagle News) — The Volunteers Against Crime and Corruption on Wednesday urged President Rodrigo Duterte to issue a proclamation declaring a state of national emergency following the administration of the controversial Dengvaxia vaccine to over 830,000 people. In a letter received by the Office of the President on Wednesday, January 17, VACC president Dante Jimenez said that the declaration was warranted, given a variety of reasons. For one, he said that “no less than about […]
(Eagle News) –Officials behind public works projects that remained unfinished for years will be the next target of President Rodrigo Duterte who vowed to initiate a review of these delayed projects. He said these negligent officials will have to go. “So I will review with the Cabinet this one. All public works projects, which have been delayed for years, you get out immediately and I can maybe look for the money,” President Duterte said […]
QUEZON CITY, Philippines (Eagle News) — The Securities and Exchange Commission is ready to defend its decision cancelling the registration of online news site, Rappler. “Having issued the decision after much deliberation and pursuant to law and due process, I will certainly defend it to the hilt,” SEC Chairperson Teresita Herbosa said in an interview. She said the decision is by virtue of the provisions of the Constitution prohibiting foreign ownership of media in the […]
Ni Eddie Ojano Eagle News Service GUINOBATAN, Albay (Eagle News) – Dahil sa pag-aalburuto ng bulkang Mayon, suspendido na ang klase sa mga paaralan sa ilang barangay sa Guinobatan. Dahil dito problemado ngayon ang mga apektadong estudyante kung paano at saan nila maipagpapatuloy ang pagpasok sa klase. Kabilang sa mga barangay na sakop ng suspensyon ang Maipon, Tandarora, Masarawag, Maninila, Dona Tomasa, Muladbucad Pequeno at Muladbucad Grande. Suspendido rin ang klase sa mga evacuation center […]
(Eagle News) — Defense Secretary Delfin Lorenzana on Wednesday said neither the Palace nor Special Assistant to the President Bong Go intervened in the Navy’s P15.7-billion frigate acquisition project. “There was neither hint nor guidance from (them) to influence the implementation of the project. There is a contract for the FAP which was crafted mainly by the Philippine Navy and it will be implemented strictly to the letter,” Lorenzana said in a statement. He said […]
