MOSCOW< Russia (AFP) — Russian Deputy Prime Minister Alexander Novak warned Monday that a ban on Russian oil imports would have “catastrophic” consequences, as Western allies consider further sanctions on Moscow over Ukraine. “A ban on Russian oil will lead to catastrophic consequences for the global market. The surge in prices will be unpredictable — more than $300 per barrel, if not more,” Novak said in remarks carried by Russian news agencies. Novak added […]
Tag: crisis
PHL crude oil supplies primarily sourced from Middle East, but Ukraine crisis to still impact on oil prices – DOE
Long-term and short-term measures identified to address crisis (Eagle News) – The Philippines’ energy department admitted the country is “at the mercy of global price movements” and would be affected with the continuing Russia-Ukraine conflict. Energy Secretary Alfonso Cusi said that while the Philippines primarily gets its crude oil requirements from the Middle East, the impact of the Ukraine crisis will be felt in the international oil markets and thus have a direct impact […]
Myanmar’s Suu Kyi back in court after health no-show
Ousted Myanmar leader Aung San Suu Kyi returned to a junta court on Friday after skipping a previous hearing because she felt unwell, a source with knowledge of the case said. Suu Kyi has been detained since her civilian government was ousted in a coup last year that triggered mass protests and a bloody military crackdown, with more than 1,500 civilians killed, according to a local monitoring group. Cut off from the world except for […]
World not tough enough on Myanmar crisis: UN expert
GENEVA, Switzerland (AFP) — The world’s response to the Myanmar crisis has been too sluggish and far from tough enough to prevent further deterioration, the UN expert on rights in the country said Thursday. Tom Andrews, the United Nations special rapporteur on human rights in Myanmar, called for an emergency summit to sharpen the response and said it should include the southeast Asian country’s neighbours and global powers. Myanmar’s military has unleashed a deadly […]
S.Africa rejects claim its Covid variant more dangerous than UK strain
JOHANNESBURG, South Africa (AFP) — South Africa’s health minister has rejected his British counterpart’s claim that a new coronavirus variant in the country is more contagious or dangerous than a similar one in spreading the UK. “At present, there is no evidence that the 501.V2 (variant) is more transmissible than the United Kingdom variant — as suggested by the British Health Secretary,” Zwelini Mkhize said in a statement published late Thursday. “There is also […]
ADB to provide additional US$500-M funds thru loan to help 4Ps beneficiaries amid COVID crisis
Funds to be used for education and health grants for poor families (Eagle News) — The Philippine government obtained additional funds to address the COVID-19 pandemic with a “fresh US$500-million financing package from the Asian Development Bank (ADB).” The Department of Finance said that this will “help support the country’s immediate budgetary requirements” particularly in funding the Pantawid Pamilya program for poor families, as the virus crisis continues to take its toll on the […]
Robots: allies during virus crisis, enemies later?
by Pierrick YVON Agence France-Presse PARIS, France (AFP) — When human contact needs to be kept to a minimum, robots can save lives and factories. But when the coronavirus crisis is over, will they amplify job losses? It may be a mechanised arm pulling beers in a Seville bar, a dog-like dispenser of hand sanitiser in a Bangkok mall, a cooler on wheels that delivers groceries in Washington, or a vaguely humanoid greeter at a […]
Adapting to “new normal”: SC dispenses with viewing of Bar results in P. Faura, lowers passing rate for 2019 Bar
(Eagle News) – For the first time, the results of the bar examinations were released with none of the usual crowds awaiting the release of test results at the Supreme Court grounds in Padre Faura in Manila. The test results were released on Wednesday, April 29, only through online means at the Supreme Court website and social media without the usual fanfare and excited crowds in Manila. Out of the 7,685 candidates who completed […]
DA sets aggressive “Plant, Plant, Plant” program nationwide to ensure adequate food supply amid crisis
(Eagle News) — The Department of Agriculture is implementing nationwide “Plant. Plant, Plant Program” to ensure adequate food supply amid the COVID-19 crisis. The aggressive implementation of the program starts this week and is also called the “Ahon Lahat Pagkaing Sapat Laban sa COVID-19” that will benefit farmers, fishermen and consumers nationwide, according to agriculture secretary William Dar. He said that the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) had […]
Stocks surge on hopes for easing virus crisis
LONDON, United Kingdom (AFP) — Global equity markets strongly rebounded Monday as some of the world’s worst-hit countries reported falling coronavirus death rates, while oil prices sank after a meeting of top producers was delayed. “Global equities are soaring higher as early signs suggest curve flattening is happening in Europe and that US could be a couple weeks behind them,” said Edward Moya, an analyst at OANDA. Key eurozone markets were five percent or more […]
Spain death toll hits 9,053 as virus cases pass 100,000
MADRID, Spain (AFP) — The coronavirus death toll in Spain surged over 9,000 on Wednesday after a record 864 deaths in 24 hours, with the number of confirmed cases passing the 100,000 mark, the government said. Spain has the world’s second-highest death toll after Italy, with the virus so far claiming 9,053 lives and the number of confirmed cases reaching 102,136. But on a day-to-day basis, the rate of new infections continued its downward […]
Congress convenes first online special session on COVID-19 crisis; tackles emergency powers sought by Malacanang
“We live in very unusual times,” says Executive Secretary Medialdea as he explains needs for emergency powers (Eagle News) – The House of Representatives convened for the first time online in a special session to address urgent matters, including the grant of emergency powers to President Rodrigo Duterte, to address the country’s needs amid the coronavirus outbreak. The Lower House held the special session on Monday morning, March 23, 2020, with around 20 lawmakers […]





