Trump says no TikTok deal yet amid security concerns
President Donald Trump said on Wednesday he wasn't ready to approve a deal for an American company to partner with Chinese-owned video app TikTok, which would allow it to continue operating in the United States......»»
UN Security Council demands immediate Gaza ceasefire after US abstains
(1st UPDATE) The US abstains from the vote to allow the Security Council to demand an immediate ceasefire amid growing global pressure for a truce.....»»
UN Security Council demands immediate ceasefire in Gaza
The US abstains from the vote to allow the Security Council to demand an immediate ceasefire amid growing global pressure for a truce.....»»
DOE monitoring power situation amid El Niño
Following the Philippine Atmospheric, Geophysical and Astronomical Services Administration’s recent declaration that the warm and dry season has begun, the Department of Energy (DOE) said the country’s power situation is currently being monitored to ensure energy security......»»
Biden to Host Japan PM Kishida, Philippines President Marcos
WASHINGTON - President Joe Biden will host Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. for a White House summit next month amid growing concerns about North Korea's nuclear program, provocative Chinese action in the South China Sea and differences over a Japanese company's plan to buy an iconic American steel company.White House press secretary Karine Jean-Pierre in a sta.....»»
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).....»»
Military personnel banned from using TikTok
Military personnel are banned from using TikTok amid concerns over its possible use for espionage by China......»»
Garcia halts MCE project amid concerns
Garcia halts MCE project amid concerns.....»»
Dabawenyos raise evacuation concerns amid flooding
CONCERNS have risen among several Dabawenyos affected by the trough of the Low-Pressure Area (LPA) due to the significant impact of heavy flooding in their homes......»»
Ship-breaking operations of stranded vessel stopped amid health concerns
Ship-breaking operations of stranded vessel stopped amid health concerns.....»»
Philippines expands US military presence amid growing China concerns
Manila [Philippines], December 30 (ANI): Against the backdrop of mounting geopolitical tensions and growing unease over China's assertiveness, the Philippines is taking strategic steps to bolster its defence capabilities, Voice of America reported. The Philippines' decision to enhance its military collaboration with the United States, particularly the expansion of US military presence at key locations, is a calculated res.....»»
Philippines expands US military presence amid growing China concerns
Manila [Philippines], December 30 (ANI): Against the backdrop of mounting geopolitical tensions and growing unease over China's assertiveness, the Philippines is taking strategic steps to bolster its defence capabilities, Voice of America reported. The Philippines' decision to enhance its military collaboration with the United States, particularly the expansion of US military presence at key locations, is a calculated res.....»»
Teach financial literacy in senior high, bill proposes
MANILA, Philippines — Cagayan de Oro City Rep. Lordan Suan suggests adding financial literacy education, covering savings, investing, insurance, and taxes, to the senior high school curriculum for better-informed financial decisions by the youth. Suan filed House Bill No. 9162, or the Financial Literacy Education bill, amid concerns that few Filipinos have a good grasp.....»»
Gain our trust:’ Students urge MSU to suspend in-person classes amid safety concerns
Student leaders at the Mindanao State University have called on school officials to temporarily allow classes to be held remotely after the university ordered a resumption of face-to-face classes starting Monday, more than a week since a deadly bombing incident took place on campus......»»
Predicting an Economy in Need of a Fed Rate Cut: Insights from Bill Ackman
Title: Hedge-Fund Manager Bill Ackman Predicts Earlier Rate Cut Amid Concerns of Weakening Economy In a surprising forecast, prominent hedge-fund manager Bill Ackman has predicted.....»»
‘Palestinian children should be killed’
No, that heartless advice did not come from a mentally deranged man or an ordinary man on the street. It came from a top Filipino diplomat who has worn many hats in government. He is in fact a lawyer, journalist, former Secretary of Foreign Affairs, Ambassador to the United Nations, Press Secretary, Congressman, and presently Philippine Ambassador to the Court of St. James’s (United Kingdom) and concurrently Special Envoy to China for special concerns. In my book, those bona fides could easily qualify him as a revered Filipino statesman — but for his indiscretion, uncouth words, and disrespect for the feelings of others. I refer, dear readers, to Teodoro Lopez Locsin Jr. I have to emphasize the descriptive word “Jr.” because, from accounts I have read, he is far different from his namesake, Teodoro Locsin Sr., who fought the Japanese and the dictatorial regime of Ferdinand Marcos Sr., a fearless publisher of the news magazine Philippines Free Press for which he was imprisoned during the Marcos martial law regime. Did the “apple fall far from the tree?” In his Twitter account, Locsin Jr. said: “That’s why Palestinian children should be killed: they might grow up to become as gullible as innocent Palestinians letting Hamas launch rockets at Israel ...They are Muslims...” In the diplomatic community, we call that a faux pas. Perhaps realizing the callousness of his gaffe, he immediately deleted the tweet with the following lame expression of mea culpa: “I immediately deleted my sarcastic response to a tweet as I realized it could be misconstrued ...My apologies to those who did misconstrue my sentiments and did, in fact, get triggered...” That statement did not wash away the disastrous effect of his slip. If one reads between the lines, they were subtle words to camouflage the booboo, not a real entreaty for clemency. His admission of his mistake, though, may work to mitigate the imprudence. Remarkably, the Department of Foreign Affairs, anticipating its far-reaching negative effect, disassociated itself from the statement, saying it was made in Locsin’s “personal capacity.” I wanted to distance this column from the ensuing uproar. But being the de facto medium for Filipino Muslims’ concerns and sentiments on political and social issues, it cannot default from its moral responsibility. I was afraid that repeating the obnoxious remark might gain traction — and psychologists warn about the “repetition-induced truth effect.” I did not want to dignify it. After all, he had shown remorse and apologized for the impropriety of his words, and, as a sage says, “There is no need to beat a dead horse.” But the storm of controversy has spread like wildfire in Morolandia that I have to add my voice of indignation. Silence amid the din of protest is a sin. I have not seen in a long time such a display of revulsion and rage from the Moros, reminiscent of the time foreign invaders came to their shores and, for 300 years, the Moros dug in, resisted, and repelled the hegemonistic colonization campaign. Muslim netizens promptly denounced the statement as xenophobic, insensitive, and unbecoming of a diplomat. Their protest and outcry reverberated from the halls of the Houses of Congress, the Regional Parliament of the Bangsamoro Autonomous Region in Muslim Mindanao to the cramped temporary shanties of the Marawi war evacuees and the shores of the Sulu seas. For a single moment in their lives, the tribes of Morolandia set aside their tribal identities. They spoke in one thunderous voice, calling for a sanction for what they perceived was the misconduct of a diplomat who, to preserve his honor, must perform a Japanese seppuku or self-sacrifice by resigning from his post. Articulating the collective position of the Deputies of the BARMM interim Regional Parliament, Speaker Pangalian Balindong issued a public statement rich in a poignant message condemning the “insensitive and irresponsible social media post ...for its Islamophobic, racist, and anti-Semitic undertones.” (To be continued) amb_mac_lanto@yahoo.com The post ‘Palestinian children should be killed’ appeared first on Daily Tribune......»»
Israels Airstrikes on Gaza Escalate Amid Putins Warning on Conflict Expansion – The Daily Guardian
Title: Israel Launches Intense Assault on Gaza while International Concerns Mount Israel has launched an intensive bombardment of the Gaza Strip, maintaining the threat of.....»»
Global stocks weak as ME fears persist
Global stock markets slid Friday on worries that an expected ground invasion of Gaza by Israel would spark a wider conflict in the Middle East. Wall Street stocks declined Friday, as investors looked to lower their risk going into the weekend. The Dow Jones Industrial Average lost 0.9 percent, while the S&P and Nasdaq indexes fell over one percent. The yield on the 10-year US Treasury, which briefly rose this week to levels not seen since 2007 amid concerns the Fed is entering a long period of high-interest rates, slipped slightly. Regina Capital Development Corp. managing director Luis Limlingan added the Federal Reserve has been raising its benchmark lending rate to cool demand and bring down stubborn inflation, with some success. Nevertheless, rates remain stuck above their long-term target of two percent. Local shares ended the week in the red as investors turned more cautious following Fitch Group’s statement that inflation will likely stay elevated for an extended period, Limlingan added. Additionally, the recent statement by Fed Chairperson Jerome Powell “weighed on the local and global markets,” the RCDC executive said. He quoted Powell as saying inflation remains too high and lower economic growth will likely be needed to bring it down. Powell also said he doesn’t think rates are too high now. At the same time, markets are warily eyeing ongoing conflict in the Middle East, for signs it could spread to other countries. “Going into the weekend there is a downward trend as short-term investors try to square positions,” Jack Ablin, Cresset Capital’s chief investment officer, said. “There is an unwillingness from certain investors (to) hold risk positions over the weekend,” he added. Major stock markets in Europe closed down more than one percent, while those in Asia also saw declines. Double geopolitical whammy The US Federal Reserve warned that the recent attack on Israel and the ongoing Ukraine conflict could cause harm to the world economy and boost global inflation. Hamas carried out a deadly attack on Israel from the Gaza Strip on 7 October and killed at least 1,400 people, mostly civilians who were shot, mutilated, or burned to death, according to Israeli officials. “The attack on Israel, in conjunction with Russia’s ongoing war against Ukraine, has ratcheted up geopolitical tensions,” the Fed said in its semi-annual report on financial stability. with AFP The post Global stocks weak as ME fears persist appeared first on Daily Tribune......»»
Marcos discusses labor relations with Crown Prince of Kuwait
RIYADH — The Crown Prince of Kuwait, Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, had a short bilateral meeting with President Ferdinand R. Marcos Jr. at the sidelines of the Association of Southeast Asian Nations and the Gulf Cooperation Council Summit here, Malacañang said on Friday. In a brief statement from the Palace, both the head of state discussed the "labor relations between the two countries." The government has yet to provide information on the meeting as of writing. Kuwait is one of the top destinations for Filipino workers abroad, with over 250,000 Filipinos working there. However, there have been recent reports of abuse and exploitation of Filipino workers in Kuwait. Last May, Kuwait indefinitely suspended the issuance of new visas to Philippine citizens amid concerns between the Gulf nation and Manila concerning safeguarding worker rights and employer prerogatives. The Middle Eastern country's decision to suspend visas comes in response to the Philippines' earlier move in February to halt the initial deployment of domestic workers to Kuwait. The Philippines implemented the measure following the discovery of the body of domestic worker Jullebee Ranara in the Kuwaiti desert in January. The post Marcos discusses labor relations with Crown Prince of Kuwait appeared first on Daily Tribune......»»
Philippines FDI net inflows rise 35.7 pct in July
MANILA, Oct. 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines rose 35.7 percent year-on-year in July to reach 753 million U.S. dollars, the Philippine central bank said Tuesday. The latest figure brought the country's FDI net inflows from January to July 2023 to 4.7 billion dollars, a 14.7 percent decline from the same period in 2022. "FDI declined amid concerns over slowing.....»»