The United States has busted some spies lately who are old enough to qualify for retirement benefits. These cases — and others that came before them — demonstrate that there's no age-limit on being held accountable for spying. Detecting hostile spies can be a long process, but U.S. has no …
Read More »Be prepared for the rains: Remember health advisories
The rainy season has started, so the state weather agency has declared. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) declared the “onset of the country’s rainy season on Wednesday, May 29 with the occurrence of scattered rain showers, frequent thunderstorms, the passage of Typhoon ‘Aghon,’ and the prevalence …
Read More »China: Door of dialogue still open
(UPDATE) CHINA said it is keeping the door of dialogue and communication open with the Philippines despite the dispute in the South China Sea. During a press conference on Wednesday, China's Foreign Ministry spokesman Mao Ning stressed that sincere dialogue is necessary, and agreements reached during a dialogue must be …
Read More »Scientists urge long-term monitoring of WPS resources
A GROUP of the country's leading scientists is calling for the long-term monitoring and sustainable management of resource1s in the West Philippine Sea, amid rising tensions between the Philippines and China. A public forum facilitated by the University of the Philippines Diliman College of Science (UPD-CS) on the geopolitical and …
Read More »Japan yields set for biggest monthly rise
TOKYO — Benchmark Japanese government bond (JGB) yields rose on Friday, headed for their biggest monthly rise since last July, as investors positioned for further policy tightening by the Bank of Japan (BoJ). The 10-year JGB yield ticked 1 basis point (bp) higher to 1.065 percent as of 0423 GMT, …
Read More »Vermont is going to make fossil fuel companies pay for climate change damage
Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme weather. Other states are already eyeing similar legislation, but the oil and gas …
Read More »Canada’s GDP grew less than expected. Will a rate cut follow?
Statistics Canada says spending by Canadian households helped the economy grow at an annualized rate of 1.7 per cent in the first three months of the year. Economists say this may increase odds of Bank of Canada interest rate cut Spending by Canadian households helped the economy grow at an …
Read More »Something wrong with your car? Here’s how Canada’s vehicle recall system works
As Nissan issues a ‘do not drive’ warning for 48,000 vehicles in Canada — and urges car owners to get their recalled vehicles repaired — here’s what you need to know to know about Canada’s recall system, and how to ensure that your car isn’t overdue for a safety recall. …
Read More »Faster GDP growth seen in 2nd quarter
The bustling city landscape of Metro Manila is photographed on January 30, 2024. (STAR / Ernie Penaredondo) MANILA, Philippines — The country’s gross domestic product (GDP) growth will likely accelerate to 5.9 percent in the second quarter from 5.7 percent in the first quarter, supported by high employment, government spending …
Read More »Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC
Mortgage debt grew at its slowest pace in 23 years in February, amid high borrowing costs and reservations related to the Bank of Canada’s key interest rate — but the slowdown likely won’t last, according to Canada’s housing agency. Higher home sales and prices forecast in the coming years. Mortgage …
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