MANILA, Jan. 8 – The Philippines would continue to enjoy low interest rates for so long as the country’s macroeconomic fundamentals are kept intact, the Department of Finance (DOF) said. Based on the DOF Economic Bulletin submitted to Finance Secretary Carlos Dominguez III, maintaining good macroeconomic fundamentals is the best way to keep the local interest rates down as the US Federal Reserve raises its key policy rate. Dominguez pointed out, however, that the Philippines’ stable […]
Other News
Aaron Taylor-Johnson wins best supporting actor Globe
LOS ANGELES, United States (AFP) — Aaron Taylor-Johnson on Sunday won the best supporting actor Golden Globe for his work in psychological thriller “Nocturnal Animals” — the first major award of the night. Taylor-Johnson bested Mahershala Ali (“Moonlight”), Jeff Bridges (“Hell Or High Water”), Simon Helberg (“Florence Foster Jenkins”) and Dev Patel (“Lion”). © 1994-2017 Agence France-Presse
POEA warns anew of fake jobs offered in the internet
MANILA, Philippines – The Philippine Overseas Employment Administration reiterated its warning on fake job offers proliferating in the internet through email and social media. The POEA recently received a forwarded email informing a recipient that he was selected for a supposed employment in Canada with employer representatives already in the Philippines to interview applicants. The sender promises non-payment of placement and processing fees, but applicants are asked to pay P3,800 for slot reservation. The email […]
DSWD on alert for first weather disturbance this year
QUEZON CITY, Jan. 9 – The Field offices of the Department of Social Welfare and Development (DSWD) along the path of Tropical Depression Auring are now on alert status to monitor the occurrence of this first weather disturbance in the country this year. Based on the predictive analytics for humanitarian response of the DSWD-Disaster Response Operations Monitoring and Information Center (DROMIC), some 976,704 families or 4,883,546 persons are exposed to areas that are highly to very highly susceptible to landslide or flooding […]
US Senator Ted Cruz meets with president of Taiwan
WASHINGTON, United States (AFP) — US Senator Ted Cruz met on Sunday with Taiwan’s President Tsai Ing-Wen, despite objections from Chinese diplomats. The Republican from Texas, who lost in the US primary elections to President-elect Donald Trump, said in a statement that the two discussed arms sales, diplomatic exchanges and economic relations during the meeting in Houston. “Furthering economic cooperation between our two nations must be a priority; increased access to Taiwanese markets will benefit […]
Video emerges of Florida airport gunman opening fire
MIAMI, United States (AFP) — Video of the moment a gunman opened fire at a Florida airport emerged Sunday as authorities try to piece together his motive for traveling to the state to carry out a killing spree that left five dead and six wounded. Iraq war vet Esteban Santiago flew to the Fort Lauderdale airport on Friday and retrieved a 9mm semi-automatic handgun and ammunition that he had declared and packed in his checked luggage. […]
Truck-ramming attack kills four Israeli soldiers
by Laurent Lozano Agence France Presse JERUSALEM, Israel (AFP) — A Palestinian rammed a truck into a group of Israeli soldiers visiting a popular tourist spot in Jerusalem on Sunday, killing four and wounding 17 others, authorities said. The driver was also killed at the location overlooking holy sites such as the Dome of the Rock and providing one of the most spectacular views of Jerusalem. There was no immediate claim of responsibility for the […]
Iran ex-president Rafsanjani dies
by Ali Noorani Agence France Presse TEHRAN, Iran (AFP) — Former Iranian president Akbar Hashemi Rafsanjani, a pugnacious moderate who survived for decades despite challenging his own turbaned elite, died on Sunday after suffering a heart attack. Rafsanjani, who was 82, was a pivotal figure in the foundation of the Islamic republic in 1979, and served as president from 1989 to 1997. “Despite the efforts of the doctors he died” at Shohadaa Hospital in northern […]
Fiat Chrysler announces creation of 2,000 US jobs
WASHINGTON, United States (AFP) — Fiat Chrysler on Sunday announced it was creating 2,000 jobs in the United States, coming as President-elect Donald Trump has been publicly scolding automakers for investing in Mexico. The American-Italian firm will invest $1 billion by 2020 in two of its factories in the Midwestern states of Michigan and Ohio, where the new jobs will be based, the company said in a statement coming on the eve of the Detroit […]
Some 100 killed in one week in Brazil’s prisons
MANUAS, Brazil (AFP) — At least four inmates were killed Sunday in a facility in Manaus, the capital of Amazonas state, sending the number of violent prison fatalities over 100 in just one week. Much of the violence, which includes several massacres with decapitations and disemboweling, has been among rival drug gangs in vastly overcrowded facilities. On Sunday four inmates were killed in as yet unclear circumstances in a Manaus prison, state public safety officials […]
News in photo: President Duterte raises signature clenched fist aboard Russia’s Admiral Tributs
33 killed in new explosion of Brazil prison violence
BOA VISTAa, Brazil (AFP) – Brazil was hit Friday by its second eruption of grisly prison violence this week, as inmates beheaded and mutilated fellow prisoners at a northern jail, leaving at least 33 dead. Pictures taken by a police officer at the scene showed bloodied, mangled bodies piled in a concrete hallway at the Monte Cristo Farm Penitentiary (PAMC) in Roraima state. Many of the victims were beheaded, disemboweled or dismembered, said officials. The […]





