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Chinese ‘swarm’ still in Mischief

Analyst: China ships down to 19 from 32 during water-cannon incident at Ayungin A former US Air Force colonel and a security analyst said he is tracking 19 Chinese militia ships swarming the waters off Mischief Reef and Ayungin Shoal in the West Philippine Sea. Raymond Powell, director of SeaLight …

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DA approves import of 35k tons of fish

The Department of Agriculture has approved the importation of 35,000 metric tons of various types of fish, including “galunggong” or round scad. Bureau of Fisheries and Aquatic Resources spokesperson Nazer Briguera said the importation will cover the expected shortage due to the annual closed fishing season in Palawan from Nov. …

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US mortgage rate hits highest level in 21 years

WASHINGTON, D.C.: Mortgage rates in the United States have surged to the highest since 2002, said a home loan finance company on Thursday, adding pressure to buyers who are already grappling with high costs and low inventory. The popular 30-year fixed-rate mortgage reached 7.09 percent this week, said Freddie Mac …

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