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Continue reading →: 14 years of oil deregulation is enough! (Part 1)
On February 10 (Friday), Republic Act (RA) 8479, or more notoriously known as the Oil Deregulation Law, will mark its 14th year of implementation. The law, which was aggressively pushed by the International Monetary Fund (IMF), was enacted on Feb. 10, 1998 by the 10th Congress. Because oil is a very…
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Continue reading →: US agenda in Asia and the risks that Aquino is courting
Manila and Washington have both denied that the bilateral strategic dialogue between their senior diplomats and defense officials last week intends to bring back permanent American military bases in the Philippines. The talks, they said, is just meant to explore increased US military presence in the country such as conducting…
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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…
