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  • Why Libya? - FROM A DISTANCE By Carmen N. Pedrosa
    Libyan Ambassador HE Salem Adam is back in Manila to try, once again, for the nth time to put together bickering factions within the MNLF. A reconciliation and a map for action seemed to have been clinched when no less than Saif al-Islam Gaddafi came to
  • EU to send mission after Philippines ferry disaster
    PARIS - THE European Union is to send a mission of experts to investigate toxic chemicals on board a Philippine ferry which sank carrying more than 850 people, French officials said. Interior Minister Michele Alliot-Marie decided after discussions with
  • Philippine inflation hits 14-year high in June
    Rising food and energy prices in the Philippines pushed its June inflation rate to 11.4 percent, the highest level in 14 years, the government said Friday. The upturn exceeded the forecasts of both the central bank and many private analysts who had
  • 500 Marine Protected Areas Established in Philippines
    PHILIPPINES - The Philippines government has developed 500 marine-protected areas (MPAs) through local government initiatives as a key contribution to better coastal resource management and global efforts to save the world?s marine resources. Speaking
  • World stocks slip again (Reuters)

    A trader gestures in front of an electronic display board inside the Philippine stock exchange in the Makati financial district of Manila July 3, 2008. (John Javellana/Reuters)Reuters - World stocks slipped back towards this week's five-month low on Friday as oil prices near record highs kept inflation concerns alive a day after the European Central Bank raised interest rates.



  • PRESS DIGEST - Philippine newspapers - July 4
    MANILA, July 4 (Reuters) - These are the leading stories in Manila newspapers on Friday. Reuters has not verified these stories. - The Philippine ferry MV Princess of the Stars may have been unstable when it sailed, thus dooming it to sink and capsize
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The Philippines were ceded by Spain to the US in 1898 following the Spanish-American War. They attained their independence in 1946 after being occupied by the Japanese in World War II. The 21-year rule of Ferdinand MARCOS ended in 1986 when a widespread popular rebellion forced him into exile. In 1992, the US closed down its last military bases on the islands. The Philippines has had two electoral presidential transitions since Marcos' removal by "people power." In January 2001, the Supreme Court declared Joseph ESTRADA unable to rule in view of mass resignations from his government and administered the oath of office to Vice President Gloria MACAPAGAL-ARROYO as his constitutional successor. The government continues to struggle with ongoing Muslim insurgencies in the south.

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