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(Eagle News) — Over P2 million worth of illegal drugs were seized in two separate buy-bust operations in Cebu over the weekend. According to the Philippine National Police, also arrested in the operations in Barangay San Roque, Talisay City and Barangay Sambag II in Cebu City, respectively, were Jerome Pacada Casul 36, and Jenelyn P. Alcuizar, 32. The PNP said confiscated from Casul were 38 transparent plastic sachets containing 200 grams of shabu, with an […]
Assurance made during discussion with President-elect Marcos Jr. (Eagle News) – The Russian government will help the Philippines in its oil and energy needs, the Russian ambassador to the Philippines assured on Monday, June 13. In his remarks after his courtesy call on President-elect Ferdinand Marcos Jr., Russian ambassador Marat Pavlov said that his government would help the Philippines during this time of energy crisis. Russia is one of the top oil producers in […]
(Eagle News) — The Philippines logged 1682 more COVID-19 cases from June 6 to 12, for a daily average of 240 cases. According to the Department of Health, the average is 30.4 percent higher compared to the average logged from May 30 to June 5. The DOH said of the new cases, eight were in severe or critical condition. Meanwhile, five have died, two of whom passed away between May 30 and June 12. As […]
NEW YORK, United States (AFP) — The average price of premium gasoline at the pump has surpassed $5 a gallon for the first time in the United States, the American Automobile Association (AAA) reported Saturday. That record level, coming on top of months of soaring inflation, represents the latest bad news for President Joe Biden just five months before crucial midterm elections. A year ago, the average price of gas in the US was […]
(Eagle News) – Oil prices will again increase tomorrow, Tuesday, June 13, the second straight week of price hike of oil products. Gas prices will increase by P2.15 per liter, while diesel prices will be up by 4.30 per liter. Kerosene, on the other hand, will increase by P4.85 per liter. Several gasoline stations have already posted their advisories for the oil price increase. Surging energy costs are being felt across the global economy […]
HONG KONG, China (AFP) — Markets tumbled in Asia and Europe on Monday to extend a global rout while the dollar soared after a forecast-beating US inflation print ramped up bets on a more aggressive campaign of Federal Reserve interest rate hikes. Fresh Covid outbreaks in Shanghai and Beijing have also seen authorities reimpose containment measures soon after lifting them, leading to fears about the world’s number two economy. The possibility of more restrictions […]
MUMBAI, India (AFP) — The Indian rupee plunged to a record low against the dollar on Monday, ahead of an expected US interest rate hike this week aimed at fighting surging inflation. The rupee hit 78.2825 per dollar for the first time as a forecast-beating US inflation report on Friday heightened prospects for a further tightening of monetary policy by the Federal Reserve. The benchmark Sensex Index slid as much as 2.1 percent as […]
by Etienne BALMER Agence France Presse TOKYO, Japan (AFP) — The yen plunged to its lowest level against the dollar since 1998 on Monday as sky-high US inflation fuels a widening monetary policy gap between Japan and the world’s largest economy. Japan’s currency has been weakening for months, accelerated by the US Federal Reserve’s aggressive monetary tightening to tackle soaring inflation caused by the war in Ukraine and other factors. But unlike the Fed, […]
(Eagle News) — Over 100 volcanic earthquakes were monitored in Bulusan in the last 24 hours. According to the Philippine Institute of Volcanology and Seismology, the 106 volcanic earthquakes included 48 volcanic tremors lasting 20 minutes. Sulfur dioxide emissions were also pegged at 4627 tons/day and a strong plume steam reaching 500 meters high was also monitored. PHIVOLCS reminded the public about the ban on the entry into the 4-kilometer radius permanent danger zone. It […]
(Eagle News) — Cloudy skies and isolated rains are expected in parts of the country. According to the Philippine Atmospheric Geophysical and Astronomical Services Administration, Metro Manila, in particular, will have partly cloudy to cloudy skies with isolated rain showers or thunderstorms due to localized thunderstorms. PAGASA said the rest of the country will have the same conditions. Flash floods or landslides during severe thunderstorms are possible. Luzon, Visayas and Mindanao will have light to […]
KYIV, Ukraine (AFP) — Amnesty International on Monday accused Russia of war crimes in Ukraine, saying attacks on Kharkiv, many using banned cluster bombs, had killed hundreds of civilians. “The repeated bombardments of residential neighborhoods in Kharkiv are indiscriminate attacks which killed and injured hundreds of civilians, and as such constitute war crimes,” the rights group said in a report on Ukraine’s second biggest city. “This is true both for the strikes carried out using […]
SEOUL , South Korea (AFP) — North Korea fired a series of artillery shots over the weekend, Seoul’s military said, days after leader Kim Jong Un vowed to use “power for power” to defend the country’s sovereignty. The South Korean military detected “several flight trajectories” that are understood to be shots from North Korean artillery, Seoul’s Joint Chiefs of Staff said late Sunday. The suspected shots were fired between 8:07 am (2307 GMT) to 11:03 […]
