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Continue reading →: Why are oil prices rising, and what we can we do about it?
Since the start of the year, local pump prices have increased significantly. The government, as always, explains this as the operation of global market forces. Remember that the government deregulated the oil industry, and the country imports almost all its petroleum needs. As such, local price adjustments merely reflect the…
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Continue reading →: Revisiting the legacy of Noynoy Aquino
The late President Aquino is now being remembered as the Philippine leader who stood up to China; but let us also not forget that he was the President who signed the Enhanced Defense Cooperation Agreement (EDCA) with the US, further deepening the neocolonial ties between the two countries and all…
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Continue reading →: Among ASEAN countries, income woes most severe, economic aid most lacking in PH
Among all members of the Association of Southeast Asian Nations (ASEAN), the impact of the pandemic on incomes is worst in the Philippines. The even more dreadful news is that the Duterte administration is providing the least resources for economic aid to support affected workers and other vulnerable sectors. Based…
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Continue reading →: Duterte backers, other oil firms rake in millions from overpricing amid pandemic
Amid the misery and deaths caused by COVID-19, oil companies, including those controlled by prominent Duterte backers, have been raking in millions of pesos in extra profits from overpricing. This is beyond unconscionable and appalling as the socioeconomic fallout of the pandemic – i.e., record joblessness, hunger and poverty –…
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Continue reading →: #DutertePalpak: PH worst in Southeast Asia in COVID-19 response amid surge in new cases
For two straight days, the Philippines posted record highs in daily new COVID-19 cases. The DOH reported Mar 20 that the country registered 7,999 cases, breaking the previous all-time high of 7,103 monitored just a day before. The surge in new COVID-19 cases in the Philippines is the second worst…
