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Race for global economic dominance sees striking turn of fortunes - ex-IMF official
The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday. The American economy defied forecasts in outperfo.....»»
Shear line-induced disaster death in Davao Region climbs to 12
Summary: The Davao Region has witnessed a devastating toll with 12 reported casualties due to the ongoing shear line surge and localized thunderstorms, leading to widespread flooding in eastern sections of Mindanao. In Monkayo, 10 lives were lost during a prayer meeting, with one person still missing and a child hospitalized. Financial assistance and support are being provided to the affected families. In Davao City, two individuals were buried alive in separate incidents. The Regional Disaster Risk Reduction and Management Council has raised the alert status to closely monitor the situation. The state weather bureau forecasts continued adverse weather conditions in the coming days......»»
Inflation up slightly, but still within target
The rate of increase in the average prices of consumer goods and services typically purchased by Filipinos rose slightly to 3.8 percent in April from 3.7 percent in March, driven by faster increases in food and transport costs, according to the Philippine Statistics Authority......»»
Energy policy failure
The Department of Energy has revealed that the total capacity of power plants in forced outages has more than doubled over the past two weeks compared to the average 700 MW recorded over the last four years. Of course. What would they expect after officials of the DOE, past and present, did nothing about the inconvenient reality that 50 percent of our operating power plants are over 20 years old and are losing their reliability......»»
Drought, dry spell to affect 72 provinces
Up to 72 provinces will experience below average rainfall by the end of this month, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
‘High level of Phl economic performance despite…’
From 2010 to the present – minus the worst year of the lockdown period of the pandemic in 2019 – Philippine economic growth performance has been consistently high, at an average of 6.4 percent......»»
SC mulls use of AI translators, podcasts about cases
BAGUIO CITY, Philippines — Imagine adaptive algorithms translating courtroom exchanges from English to major Filipino dialects in real time for the benefit of litigants, or podcasts that explain the scope and impact of landmark decisions to average citizens. These are just samples of the technological and educational innovations that may soon be embraced by the.....»»
6 die of heat stroke in Cotabato village
KIDAPAWAN CITY — Rising temperature in Cotabato province has led to the deaths of at least six residents of a remote village in Makilala town, due to heat stroke, reports from village officials showed. The victims were residents of Barangay San Vicente where the heat index was at an average of 40 degrees Celsius since.....»»
Filipino children get access to potable water thanks to innovative powdered mixture
With an average of 20 typhoons visiting the Philippines each year, rural and urban communities sustain significant damage to their sources of drinking water, including waterways and deep wells......»»
Iloilo is the Most Affordable Tourist Destination in the Philippines
With many across Asia looking forward to long weekends and holidays in the coming weeks, the digital travel platform Agoda reveals the tourist destinations with the cheapest accommodations on average. Travelers looking for some of the best deals in Asia are best off in Udon Thani, Thailand. While in the Philippines, it’s Iloilo where travelers […].....»»
Daily COVID-19 cases down to 36
COVID cases in the country now average only 36 per day, according to the Department of Health......»»
Covid lowered life expectancy by 1.6 years worldwide — study
COVID-19 caused the average life expectancy of people worldwide to fall by 1.6 years during the first two years of the pandemic, a more dramatic decline than previously thought, a major study said Tuesday. This marked a sharp reversal during a decades-long rise in global life expectancy, according to hundreds of researchers sifting through data.....»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
Spring came early: February likely warmest on record amid climate change
While data has not been finalized, three scientists say that February is on track to have the highest global average temperature ever recorded for that month, thanks to climate change and the El Nino.....»»
Gold Race Series up
For Filipino cyclists, young and old, elite and average, all roads lead to the Sacobia River Bridge within the New Clark City in Pampanga for the opening leg of the Go For Gold Race Series on March 3......»»
Power spot market prices lower in 2023
The average cost of electricity traded at the spot market went down in 2023, snapping two straight years of increase, the Energy Regulatory Commission said......»»
Political prisoners wait an average of 4 years in jail while on trial
'There is a responsibility on the entire justice system to ensure that cases like these do not languish in prison,' says UN Special Rapporteur Irene Khan.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 31
TOKYO -- Tokyo stocks closed higher on Wednesday, as investors took an optimistic attitude for the domestic earnings season over positive results reported by Japanese firms. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average ended up 220.85 points, or 0.61 percent, from Tuesday to close the day at 36,286.71. The broader Topix index, meanwhile, finished 24.17 points, or 0.96 percent,.....»»
[OPINION] Jailing Jinggoy
'Estrada is a senior citizen. Do the math. Consider the average time the SC takes prior to a decision.'.....»»