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The Mystery of Post-Inflation Stability: Exploring Economic Uncertainty
Inflation, a sneaky force eating away at our financial stability, makes us wonder: what happens after its rampage? Do things settle back to normal, or are we stuck dealing with the aftermath? Inflation is simply prices creeping up over time, quietly changing our financial landscape. Think of your favorite café inching up its prices or […].....»»
Dovish Powell lifts markets to historic highs
Last week, US equities reached new all-time highs, thereby lifting global stock markets. This came on the back of Federal Reserve (Fed) Chair Jerome Powell’s dovish policy statement. In that speech, Powell touted considerable progress in bringing down inflation, notwithstanding the bumps in the road toward the two percent target......»»
Saso bounces back with 69 but still trails by 6
Yuka Saso rebounded from a previous round of 75 with a 69 but still found herself trailing significantly behind new leaders KoreanJiyai Shin and Alison Lee of the US after three rounds of the FIR Hills Seri Pak Championship at Palos Verdes Estates in California Saturday (Sunday Manila time)......»»
Boutier takes control as Pagdanganan, Saso waver
Frenchwoman Celine Boutier bounced back strong from a one-over card in the previous round with a solid eight-under 64, propelling her from joint 30th to seize the solo lead halfway through the Women’s World Championship in Singapore Friday......»»
Bulldogs vent ire on Blue Eagles in UAAP men’s volleyball
The NU Bulldogs bounced back from a surprising opening-day loss and manhandled the Ateneo Blue Eagles, 25-22, 25-15, 25-17, in the UAAP Season 86 men’s volleyball tournament Saturday at the Mall of Asia Arena in Pasay City......»»
Stocks bounce back as market cheers higher FDI inflow
The stock market bounced back yesterday as investors cheered the country’s November net inflow of foreign direct investments......»»
Sea Lions down Flying Dragons
Olivarez College bounced back from a stinging defeat the last time with an 86-71 drubbing of Guang Ming College-Tagaytay City in the Universities and Colleges Athletic League-PG Flex Linoleum Season 6 yesterday at the Paco Arena......»»
Olivarez vents ire on Guang Ming College in UCAL cagefest
Olivarez College bounced back from a stinging defeat the last time with an 86-71 drubbing of Guang Ming College-Tagaytay City in the Universities and Colleges Athletic League-PG Flex Linoleum Season 6......»»
Stocks rebound as Wall Street bounces back
Local stocks bounced back yesterday to close the week on a positive note as the local bourse mirrored gains in the US market......»»
Pagcor profit soars to P6.82 billion in 2023
Earnings of state-run Philippine Amusement and Gaming Corp. surged by more than 50 percent to nearly P7 billion last year as the gambling sector bounced back and exceeded pre-COVID levels......»»
Philippine stocks advance following Wall Street rally
Philippine stocks bounced back yesterday, aligning with the recovery in Wall Street......»»
BI chief: International travel has bounced back
INTERNATIONAL travel and tourism has bounced back after the pandemic. Thus said Bureau of Immigration chief Norman Tansingco, as he cited that the agency has recorded 12.6 million arrivals from January to December 2023. The number is more than double the 6.1 million arrivals recorded in 2022, even as he projects the numbers to even […].....»»
Hotshots vent ire on Dyip
The Magnolia Hotshots bounced back from their first loss in the PBA Season 48 Commissioner's Cup, asserting their mastery over the Terrafirma Dyip, 104-91, at the Smart Araneta Coliseum on Wednesday......»»
Jared Bahay steers Ateneo de Cebu to victory in Game 2
CEBU CITY, Philippines—Jared Bahay bounced back from a subpar performance and led the Sacred Heart School-Ateneo de Cebu Magis Eagles to an 80-65 win over the University of the Visayas (UV) Baby Lancers in Game 2 of the 2023 Cesafi high school basketball tournament on Wednesday, December 13, 2023, at the Cebu Coliseum. Bahay, the University.....»»
Positive foreign leads buoy Philippine stocks
The stock market bounced back yesterday after a disappointing start to the week as investors found positive leads abroad......»»
Austrian pair rules world beach volley
Austria's Robin Seidl and Moritz Pristauz dominated the men's division of the Volleyball World Beach Pro Tour Challenge, defeating Australia's Thomas Hodges and Zachery Schubert with a score of 21-18, 21-16. The Austrian pair, ranked 27th in the world, had an impressive run, only dropping a single set in six games. They will now head to the grand finals in Doha, Qatar. Pristauz contributed 15 points, while Seidl scored 13 points, leading the Austrians to their third medal in the Pro Tour. In the quarterfinals, they suffered their only set defeat against Portugal's Joao Pedrosa and Hugo Campos. However, they bounced back and easily defeated England's Javier and Joaquin Bello in the semifinals. Hodges and Schubert finished in second place, while Lithuania's Patrikas Stankevicius and Audrius Knasas took third. In the women's tournament, Latvia's Anastasija Samoilova and Tina Graudina emerged as champions, defeating Spain's Daniela Alvarez Mendoza and Tania Moreno Matveeva. Brazil's Taina Silvi Bigi and Victoria Lopes Pereira Tosta.....»»
Brownlee formula
The issue surrounding Justin Brownlee is a major blackeye to Philippine basketball. It is yet another heartbreaker for Filipinos, who were hoping and praying to see the national team reassert its dominance in the international arena. For the longest time, the Filipinos had struggled internationally. In the Asian Games, for instance, the Philippines emerged victorious in its first four editions — 1951 in New Delhi, 1954 in Manila, 1958 in Tokyo, and 1962 in Jakarta before suffering a string of frustrating finishes. The closest we got to the gold medal was in 1990 when the Basketball Association of the Philippines tasked the Philippine Basketball Association with assembling a team that would reclaim our Asian glory. It was a tall order at the time as the Philippines was coming off a bitter setback at the hands of Malaysia in the 1989 Southeast Asian Games in Kuala Lumpur. The BAP knew that only an Asian crown would soothe the pain of a nation craving revenge. But it didn’t happen. Coached by Robert “Sonny” Jaworski, the team bannered by Allan Caidic, Benjie Paras, Ramon Fernandez, Samboy Lim, and Chito Loyzaga surrendered to powerhouse China featuring Shan Tao and Ma Jian in the gold medal match. Eight years later, Tim Cone was given the marching orders to assemble another star-studded squad to represent the country in the Bangkok Asian Games in 1998. But like Jaworski, his bitter coaching nemesis at the time, Cone was also unsuccessful as his Centennial Team had to settle for bronze behind China and South Korea. In the next edition in Busan in 2002, hopes were high. Despite a sudden coaching change after American mentor Ron Jacobs suffered a stroke in the final stretch of preparations, Jong Uichico was still able to form a solid team that had a mix of Filipino-foreign stars like Asi Taulava, Eric Menk, and Rudy Hatfield, as well as homegrown stars like Olsen Racela, Kenneth Duremdes, and Danny Ildefonso. But fate wrote a cruel script. The Philippines was ahead, 68-66, in the final 23.9 seconds of the semifinal clash against South Korea. A victory would have sent the Filipinos to the gold medal match against China, while a setback would relegate them to a battle for bronze against Kazakhstan. Racela was at the charity stripe for a chance to ice the game and seal the victory. But he missed both free shots. In a shocking — and heartbreaking — turn of events, Korean gunner Lee Sang Min buried a long three-pointer off a broken play at the buzzer that sent the host country to the finals. The players were crushed while a river of tears flowed through the streets of Manila as the entire country couldn’t believe how merciless the basketball gods could be. Since then, Philippine basketball has been reduced to a mere footnote in Asian basketball. We bombed out of the medal podium in Doha in 2006 and Guangzhou in 2010. We even suffered international embarrassment when head coach Chot Reyes instructed naturalized player Marcus Douthit to shoot at our own basket in Incheon in 2014. In 2018, a legitimate National Basketball Association campaigner, Jordan Clarkson, came along and was billed as the hero who would save Philippine basketball. But he was unsuccessful. The Filipinos’ string of misfortunes continued as Gilas Pilipinas settled for fifth place. Then here came Brownlee, tapped to see action as a naturalized player in the Hangzhou Asian Games. The 35-year-old American was tasked to power a team already familiar to him — guys he had been playing with for more than five years. The coach — Cone — had been his mentor since he arrived in Manila in 2016 and led Barangay Ginebra San Miguel to six PBA titles while winning three Best Import honors. There was no honeymoon period to speak of. He hit the ground running. The result was impressive as Brownlee dropped 36 points to lead Gilas Pilipinas to a razor-thin 84-83 win over Iran in the quarterfinals, before dropping back-to-back three-point bombs in their miraculous 77-76 victory over host China in the semifinals. The Filipinos won their first gold medal in 61 years following a 70-60 victory over Jordan in the final, but an asterisk was attached to the victory after Brownlee tested positive for Carboxy-THC, a banned substance linked to the use of cannabis. At this point, it is unknown whether Brownlee will contest the findings or how long his possible suspension will be. What is clear is that Brownlee made a tremendous impact on Philippine basketball as he proved that the best way to win an international title is to field a naturalized player who is very familiar with the Filipinos’ style of play. Brownlee may not be as exciting and flashy as Clarkson or as tall as Douthit and Blatche, but he knows Philippine basketball like the back of his hand. It’s time for the Samahang Basketbol ng Pilipinas to create more Justin Brownlees by recruiting young foreign players who are willing to stay in the country for a longer period — not just to earn and play as imports in the PBA — but to win the hearts and minds of these basketball-crazy Filipinos. Brownlee’s professional career is in great peril, and we may not see him don the Gilas or Ginebra jerseys again. But we should always remember his most significant contribution to Philippine basketball. Nope, it wasn’t the incredible play he delivered against China or how he stood his ground against Rondae Hollis-Jefferson and the powerful Jordanians that led to the country’s first Asian Games title in 61 years. His most important contribution was the idea that to gain international success, the federation must recruit a naturalized player not based on skills, height, or popularity but on his love, respect, and dedication to the country he wishes to represent. The post Brownlee formula appeared first on Daily Tribune......»»
Del Rosario fights back, rescues a 69 for joint 4th
Pauline del Rosario bounced back strong from an early double-bogey slip with a run of backside birdies as she came away with a four-under 68 for joint fourth at the start of the LPGA and Epson Tour Qualifying School Stage II......»»
Eagles rebound, rip winless Tigers
The Ateneo Blue Eagles bounced back with a statement win over the UST Growling Tigers, 97-77, Wednesday morning at the Mall of Asia Arena in Pasay City......»»
Philippine stocks rebound amid Israel-Hamas conflict uncertainty
The local stock market bounced back yesterday as investors continue to evaluate the potential impact of the Israel-Hamas conflict......»»