BEIJING: China's leader Xi Jinping called for closer trade ties with the United States during a meeting on Wednesday with top American business leaders in Beijing that came amid a steady improvement in relations that had sunk to the lowest level in years. Xi emphasized the mutually beneficial economic ties …
Read More »Sam Bankman-Fried, FTX founder, sentenced to 25 years in prison in crypto fraud case
Former crypto mogul Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in the 2022 collapse of FTX, which once was one of the world's most popular platforms for trading digital currency. 'My useful life is probably over,' Bankman-Fried said in remarks to court Former crypto …
Read More »Give it to Gibo
Among the measures proposed to ease the ongoing tension in the West Philippine Sea (WPS), the most sensible comes from no less than the Defense Secretary himself. Gilberto Teodoro, now on his second stint as Defense Secretary, recently made headlines with his daring proposition to Beijing: to submit their territorial …
Read More »Bully’s 3 wars
While the intensity of the sea skirmishes has increased, an armed conflict is not likely as China is making a calculated move using gray zone tactics in asserting its illegal claim on the West Philippine Sea. Retired Senior Associate Justice Antonio Carpio, who has been at the forefront of the …
Read More »Marcos: Philippines won’t be ‘cowed into silence, submission’ by China
The President of the Philippines Ferdinand “Bongbong” Marcos and the German Chancellor (not in picture) address a joint press conference at the Chancellery in Berlin, on March 12, 2024. (AFP / Tobias Schwarz) MANILA, Philippines — President Ferdinand Marcos Jr. said on Thursday the Philippines will not be bullied into …
Read More »Carpio: Duterte exceeded authority in ‘gentleman’s agreement’
Former Associate Justice Antonio Carpio (PNA file photo) MANILA – Retired Supreme Court Associate Justice Antonio Carpio on Thursday said former President Rodrigo Duterte acted beyond his authority and surrendered the country’s rights if he did indeed enter into a “gentleman’s agreement’ with China not to maintain BRP Sierra Madre, the Philippine …
Read More »Roque: Xi, Duterte agreed to keep West Philippines Sea status quo
In this November 2017 photo, President Rodrigo Duterte meets with Chinese President Xi Jinping at the sidelines of the APEC Summit in Vietnam./Presidential Photo MANILA, Philippines — The Philippines under former president Rodrigo Duterte had a “gentleman’s agreement” with China to keep the status quo in the West Philippine Sea, …
Read More »House prices up 6.5% in Q4 2023 — BSP
Residential real estate prices across all types of housing units increased by 6.5 percent year-on-year in the fourth quarter of 2023, according to the latest Residential Real Estate Price Index (RREPI) of the Bangko Sentral ng Pilipinas (BSP). The fourth quarter 2023 house prices however was lower than the 12.9 …
Read More »Philippine growth to continue ahead of regional peers — S&P Global
S&P Global Ratings slightly revised its 2024 economic growth forecast for the Philippines to 5.9 percent from its earlier estimate of six percent, on continuing headwinds from last year’s high inflation and low investments, but said the country will perform relatively well versus regional peers. For 2025, the credit rating …
Read More »Survey shows Cha-cha still ‘unpopular’ with Filipinos — Senate leaders
Protesta laban sa Charter Change sa labas ng Kamara ngayong Marso 2024 (Release / Bagong Alyansang Makabayan) MANILA, Philippines — A survey that found nearly nine out of 10 Filipinos oppose changing the Constitution at this time is a “true eye opener” and a sign not to rush Charter change …
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