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Congress Passes Spending Bill to Prevent Government Shutdown, Fight Zika – ABC News

Averting an election-year crisis, Congress late Wednesday sent President Barack Obama a bill to keep the government operating through Dec. 9 and provide $1.1 billion in long-delayed funding to battle the Zika virus. The House cleared the measure by a 342-.....»»

Category: newsSource:  mindanaoexaminerRelated NewsSep 29th, 2016

US govt shutdown looms as Senate blocks funding

WASHINGTON: The US Senate rejected stopgap legislation to fund government operations on Tuesday, sending lawmakers scrambling to stave off a shutdown at week’s end in the heat of the presidential campaign. The temporary spending bill fell 45-55, we.....»»

Category: newsSource:  manilatimes_netRelated NewsSep 28th, 2016

2016 GDP growth seen hovering around 7%

PHILIPPINE ECONOMIC GROWTH last year is expected to have hovered around the top end of the government's 6-7% target on the back of robust household consumption, strong investments and continued improvement in state spending, according to separate estimates issued on Friday......»»

Category: newsSource:  bworldonlineRelated NewsJan 20th, 2017

Front Page: IMF sees 2017 PHL growth on target

THE INTERNATIONAL Monetary Fund (IMF) expects the Philippines to remain among Asia's growth leaders in 2017 on the back of increased public spending and a recovery in exports, its country official said, even as he stressed the need to legislate tax reforms to support the government's aggressive fiscal plans......»»

Category: financeSource:  bworldonlineRelated NewsJan 16th, 2017

IMF sees growth of 6.8% in 2017

The International Monetary Fund said Monday it expects the Philippines to sustain its strong economic growth this year, on higher government spending and export recovery......»»

Category: financeSource:  thestandardRelated NewsJan 16th, 2017

Chinese football: action planned on 'irrational' salaries

BEIJING (AP) — China's football association said Monday it plans a series of measures in response to 'irrational' spending by clubs on transfer fees and player salaries, amid concerns that foreign stars are crowding out local talent and harming the country's goal of becoming a global force in world football. The Chinese Football Association said in a statement Monday that the unidentified steps would target the 'operations and management' of teams in the top-tier China Super League and the China Premier League one step below it. The new measures will address 'recent irrational investments by clubs, high-figure transfer fees and salaries paid to domestic and international athletes and other issues,' the CFA said in a news release. Gaudy spending by Chinese clubs on players such as Argentina's Carlos Tevez has drawn global attention, raising fears among some that foreign stars are depriving local players of opportunities to grow. That could stifle the government's attempts to produce talent capable of achieving its stated goal of winning the World Cup by 2050, part of Chinese President Xi Jinping's push to make football success a national priority. Even in that endeavor, China is relying heavily on foreign talent, having hired veteran Italian coach Marcello Lippi to helm the men's national team. Other rules announced by the CFA appeared firmly aimed at addressing the lack of opportunities for Chinese players. They reduce the number of foreign club players who can appear at any given time from four to three and state that each team's starting list must include at least two Chinese players under age 23. Despite misgivings, Chinese clubs have continued to spend heavily over the past year to attract mainly South American stars. Apart from Tevez, whom Shanghai Shenhua said it paid an $11 million transfer fee to Argentine club Boca Juniors to acquire, they include Oscar, purchased from Chelsea, Brazilians Hulk, Ramires, Alex Teixeira and Paulinho, Colombian striker Jackson Martinez and Argentine forward Ezequiel Lavezzi. Altogether, Chinese Super League clubs splashed out close to $300 million in the winter transfer window on big names. .....»»

Category: sportsSource:  abscbnRelated NewsJan 16th, 2017

Ivory Coast government and rebel troops reach deal

Ivory Coast government and rebel troops reach deal.....»»

Category: newsSource:  rapplerRelated NewsJan 14th, 2017

Reyes transfers, signs deal with Petron

Petron pulled off a huge recruitment coup after signing former three-time UAAP champion Mika Reyes to beef up its middle for the next season of the Philippine Superliga. The De La Salle product, last year's league ambassadress, inked a deal with the Tri-Activ Spikers after parting ways with F2 Logistics and long-time mentor Ramil De Jesus.  Reyes signed her contract Wednesday. 'It was indeed a very tough decision but Petron made it easier as we've laid out concrete plans for my personal and volleyball career,' said Reyes, who signed her contract at the San Miguel Corporation headquarters in Pasig with Virtual Playground manager and agent Charlie Dy and SMC sports director Alfrancis Chua. Petron made a well-timed decision of getting the services of the 22-year-old Reyes to fill in the gaping hole left by CJ Rosario, who is now pursuing a new career as a flight attendant. Reyes was a vital cog for DLSU, winning three championships in her five-year stay with the Taft-based squad including an incredible swan song in the UAAP Season 78. In the PSL, the 5-foot-11 Reyes was F2 Logistics' muscle in the middle when the Cargo Movers clinched its breakthrough title in the 2016 All-Filipino Conference against Foton. She also helped F2 Logistics salvage a third place finish in the import-laden Grand Prix. Reyes, who was a member of the F2 Logistics Manila that competed in the 2016 FIVB Women's Club World Championship held in Manila, is Petron's biggest recruited star since landing former players Gretchen Ho, Rachel Anne Daquis, Aby Marano, Fille Cainglet-Cayetano and Dindin Santiago-Manabat.  The Pulilan, Bulacan native will join FIVB WCWC teammate Ces Molina and multi-awarded lefty hitter Aiza Maizo-Pontillas.    --- br /> Follow this writer in Twitter @fromtheriles .....»»

Category: sportsSource:  abscbnRelated NewsJan 13th, 2017

Economy: DoE assures sufficient supply, minimal price shock during Malampaya shutdown

THE GOVERNMENT on Tuesday assured that power supply for Luzon will be adequate during the scheduled maintenance shutdown of the Malampaya facility although electricity prices could rise "inevitably" as gas-fed power plants shift to oil for their fuel......»»

Category: financeSource:  bworldonlineRelated NewsJan 10th, 2017

Tax bureau spells out 2017 programs

THE BUREAU of Internal Revenue (BIR) yesterday spelled out steps it will take to hit its collection target this year, as the government scrambles to shore up revenues to help finance its bid to increase spending in support of faster economic growth......»»

Category: newsSource:  bworldonlineRelated NewsJan 6th, 2017

Wild-card Dolphins draw Steelers in 1st round of playoffs

STEVEN WINE, AP Sports Writer br /> MIAMI GARDENS, Florida (AP) — As the Miami Dolphins trudged to the locker room after a 35-14 thumping by New England, fans stood and cheered the home team, losers on Sunday but playoff-bound for the first time since 2008. The crowd was looking at the big picture and the Dolphins were, too. Miami (10-6) clinched an AFC wild-card berth a week ago and will play next weekend at Pittsburgh. 'All you want is the opportunity,' guard Jermon Bushrod said. 'You know where we want to go and we've got an opportunity.' Still to be determined is whether quarterback Ryan Tannehill might contribute to any playoff push. He missed the final three regular-season games with a sprained left knee and Matt Moore has gone 2-1 as a replacement. Coach Adam Gase was noncommittal about any timetable for Tannehill's return. 'I don't even know where he's at right now,' Gase said. 'I'm going to make the call on it. If I don't feel comfortable with it, then Matt will stay the starting quarterback. I need to get a lot of information. I have to see him practice and I have to see him move around and I have to feel really good about it. I'm not going to jeopardize his career.' Moore went 24 for 34 for 205 yards and two scores and an interception against the Patriots and has eight touchdown passes in his three starts. 'He has done a great job,' Gase said. 'He has protected the ball and has operated the offense very well and has led those guys. We just have to build on what we've done in the last 3½ games with him.' If Moore starts next weekend, it will be his first playoff game. His only other postseason season experience was as an inactive backup for the Carolina Panthers in 2008. 'It's a big deal,' Moore said. 'It's hard to get there.' And harder to win there. The Dolphins are bidding for their first playoff victory since 2000. Their game at AFC North champion Pittsburgh will be a rematch. Miami won at home in Week 6 against the Steelers, 30-15. 'We beat them here in the heat,' Bushrod said. 'Now we've got to go up there and beat them in the cold.' The win over the Steelers in October helped the Dolphins turn their season around after a 1-4 start. 'We're a different team; they're a different team,' Gase said. 'Both of us have different players. That's what makes this part of the season interesting.' If the Dolphins win next week, they'll face New England again. The Patriots swept the regular-season series between AFC East rivals for the first time since 2012. The Dolphins are in the playoffs even though they have been outgained by 798 yards and outscored by 17 points this season. But in games decided by a touchdown or less, they've won nine in a row, despite a slew of injuries. Gase's players sounded confident of their chances against the Steelers. 'They're a great team,' receiver Jarvis Landry said. 'So are we.'   .....»»

Category: sportsSource:  abscbnRelated NewsJan 1st, 2017

COMMENT: IV. BEL: Roadmap and Roadblocks (6) Patricio P. Diaz

6th  of nine parts Arbitrary Accommodation GENERAL SANTOS CITY (MindaNews / 01 January) &'8212; In allowing Moro National Liberation Front (MNLF) founding chair Nur Misuari to deal separately with another government (GPH) implementing panel, President Rodrigo Duterte replicated the arbitrary accommodation that President Gloria Macapagal-Arroyo granted Misuari. However, Duterte’s accommodation can imperil the Bangsamoro. In [&'].....»»

Category: newsSource:  mindanewsRelated NewsJan 1st, 2017

YearEnder: Philippine finally accedes to join Paris deal on climate change

MANILA, Philippines – The 2015 Paris climate agreement took effect this year without the ratification of the Philippine government, partly due to the shiftin.....»»

Category: newsSource:  philstarRelated NewsDec 28th, 2016

Front Page: Nov. spending speeds past revenues

THE GOVERNMENT last month made good on plans to spend more in order to support economic growth, making expenditures grow faster than revenues to post a fiscal deficit, according to data the Treasury bureau released yesterday......»»

Category: financeSource:  bworldonlineRelated NewsDec 28th, 2016

Nov. spending speeds past revenues

THE GOVERNMENT last month made good on plans to spend more in order to support economic growth, making expenditures grow faster than revenues to post a fiscal deficit, according to data the Treasury bureau released yesterday......»»

Category: newsSource:  bworldonlineRelated NewsDec 28th, 2016

November govt spending jumped

The government incurred a budget deficit of P19.1 billion in November, as expenditures jumped 33 percent, outpacing the 18-percent growth in revenue collection......»»

Category: financeSource:  thestandardRelated NewsDec 28th, 2016

UBS sees 2016 GDP growth on track; slowdown ahead

GROSS domestic product (GDP) growth should hit the government target this year, UBS said in a “2017 Philippine Economic Outlook” that nevertheless flagged a slowdown in 2017 with the absence of election-related spending, higher borrowing costs.....»»

Category: newsSource:  bworldonlineRelated NewsDec 27th, 2016

NIA allots P370 B for 10-yr masterplan

MANILA, Philippines - The government is spending approximately P370 billion in the next 10 years to improve the country’s irrigation system and increase serv.....»»

Category: financeSource:  philstarRelated NewsDec 22nd, 2016

Assad retakes Aleppo

Syrian rebels reached a cease-fire deal to evacuate from eastern Aleppo in an effective surrender on Tuesday, as Russia declared all military action had stopped and the Syrian government had assumed control of the former rebel enclave......»»

Category: newsSource:  tempoRelated NewsDec 14th, 2016

Economy: 2017 budget bicam report ratified by House, Senate

THE P3.35-trillion budget bill for 2017 will now go to President Rodrigo R. Duterte for his signature after both houses of Congress ratified the bicameral conference committee report containing the new government's first spending program......»»

Category: financeSource:  bworldonlineRelated NewsDec 14th, 2016