LESSER traffic, cleaner air, easier travel may soon be coming to Baguio City. The city government under Mayor Benjamin Magalong is considering working with Metro Pacific Tollways Corp. (MPTC) on a smart urban mobility project with road congestion pricing as a main component. Road congestion pricing works much like a …
Read More »BoJ to scale down its bond-buying program
TOKYO — The Bank of Japan (BoJ) is expected to hold interest rates steady on Friday but reports have said it could gradually reduce its vast hoard of government bonds as it shifts away from a long-running ultra-loose monetary policy. The central bank raised rates in March for the first …
Read More »Tesla CEO Musk to get huge payout
NEW YORK — Tesla shareholders voted in favor of a huge compensation package for Chief Executive Officer (CEO) Elon Musk, endorsing the potential windfall after a Delaware court invalidated it, a company official said on Thursday. Based on preliminary vote results, investors backed a plan of up to $56 billion …
Read More »Quebec judge dismisses $2.5M Dollarama class action settlement
A Quebec judge has dismissed a $2.5-million class action settlement on behalf of Dollarama customers who purchased products subject to an eco fee. Class action members won't receive gift cards they would have been entitled to A Quebec judge has dismissed a $2.5-million class action settlement on behalf of Dollarama …
Read More »U.S. safety agency investigating why Southwest Boeing plane rolled during flight
The U.S. National Transportation Safety Board said on Friday it is investigating why a Boeing 737 MAX operated by Southwest Airlines rolled during a flight last month. Boeing deferred to Southwest, which said it is participating in the investigation The U.S. National Transportation Safety Board said on Friday it is …
Read More »Ontario billionaire Frank Stronach accused of sexual offences against 3 women
Ontario billionaire Frank Stronach, 91, is accused of committing sexual offences against three women between 1980 and 2023, according to court documents that provide further details of charges first announced by Peel Regional Police a week ago. Offences are alleged to have occurred between 1980 and 2023 in Ontario Ontario …
Read More »Sort wheat from chaff
“Peace, thus, will remain elusive to the state if indeed the terror groups are drawing support from the UN through the UNRWA. When it comes to an infiltration by enemies of the state, the country can learn a lot from the Israelis. The Philippines faces a formidable challenge in fortifying …
Read More »Is there a need to review MDT?
“Different political factions have varying views on the country’s relationship with the US. The 1951 Mutual Defense Treaty (MDT) between the Philippines and the United States has been a cornerstone of Philippine security policy for over seven decades. However, recent geopolitical developments, particularly the ongoing tensions in the West Philippine …
Read More »Despite the risks, ‘Atin Ito’ hopes to navigate West Philippine Sea frequently without fear
Photo by Danny Pata The ‘Atin Ito’ coalition is aware of the risks attached to the expeditions it launched in the West Philippine Sea (WPS), but co-convenor Emman Hizon said they hope more civilians can go on these kinds of adventures without fearing for their safety. “We want to normalize …
Read More »DFA condemns Houthi attack on merchant vessel with Filipino crew
A grab from handout footage released by Yemen’s Houthi Ansarullah Media Centre on November 19, 2023, reportedly shows members of the rebel group during the capture of an Israel-linked cargo vessel at an undefined location in the Red Sea. Israeli ships are a “legitimate target”, Yemen’s Houthi rebels warned on …
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