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Continue reading →: PH economy in 2011 (Last part): Dim growth prospects for 2012
First published by The Philippine Online Chronicles (Read Part 2 here) President Benigno S. Aquino III has described his first full year in office a fruitful year, citing the supposed gains in reducing poverty and corruption. Aquino claimed that he was able to increase this year’s budget for health and…
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Continue reading →: Aquino could not hide worsening economic crisis and poverty behind Corona impeachment trial
Cause-oriented groups yesterday (Jan. 16) marked the opening of the impeachment trial of Supreme Court (SC) Chief Justice Renato Corona with a mass action near the Senate. Among those present was political satirist Mae Paner who came as Jus-tiis Juana Change (see video below). Activists deem the conviction of Corona…
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Continue reading →: PH economy in 2011 (Part 2): The elusive “inclusive growth”
First published by The Philippine Online Chronicles (Read part 1 here) Government’s so-called “inclusive growth” outlined in the Philippine Development Plan (PDP) 2011-2016 rests on a target of 7 to 8% annual expansion in the gross domestic product (GDP). But due to various factors, GDP growth for 2011 – the…
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Continue reading →: PH economy in 2011 (Part 1): Flawed development plan
First published by The Philippine Online Chronicles The political noise generated by the showdown between Malacañang, the Arroyo camp, and the Supreme Court (SC) towards the end of 2011 drowned concerns on the anemic performance of the economy. Critics of President Benigno S. Aquino III even argue that the energy…
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Continue reading →: Who’s afraid of Occupy Mendiola?
Noynoy is. Malacañang security officials and the local police have made Mendiola a no camp out zone. Since December 6, Manila anti-riot police have been violently frustrating attempts by activists to set up camp at the historic bridge leading to Malacañang. Several youth protesters were arrested and injured in clashes…
