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Continue reading →: Petron, Shell lying about “losses” due to EO 839
Pilipinas Shell today (Nov. 12) claimed that because of EO 839, it has incurred losses of as much as ₱80.9 million in just six days (or about ₱13.48 million daily). Also today, Petron Corporation reported a net income of ₱3.38 billion from Jan. to Sep. but quickly warned that if…
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Continue reading →: Notes on the economic and social impact of Ondoy and Pepeng
The twin devastation brought by typhoons Ondoy and Pepeng hit the Philippines at a time when the country is still reeling from the impact of the global financial and economic crisis. According to the latest (as of Oct 16) consolidated report of the National Disaster Coordinating Council (NDCC), the total…
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Continue reading →: Beyond Ondoy and climate change, blame goes to Arroyo and Teodoro
First published by Bulatlat.com “A President must be on the job 24/7, ready for any contingency, any crisis, anywhere, anytime… As a country in the path of typhoons …we must be as prepared as the latest technology permits to anticipate natural calamities when that is possible; to extend immediate and…
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Continue reading →: Drowned by Ondoy, drowned by debt
Malacañang admitted Thursday (Oct 1) that government’s calamity fund of P1 billion is in danger of being depleted. Thus, members of the Senate and the House of Representatives held an emergency meeting with some Cabinet officials and agreed to pass a P10-billion supplemental budget in the wake of Ondoy’s onslaught…
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Continue reading →: BALSA: Relief effort for “Ondoy” victims
Affected number of families, by area, as monitored and compiled by Bagong Alyansang Makabayan – National Capital Region (Bayan-NCR) Manila Area, Caloocan Area: Dam Site 452 families Dagat Dagatan500 families Hapiland 450 families Bagong Silang 500 families Parola 520 families Basco 600 families Dapo Ilang Ilang 2,325 families Valenzuela Area:…
