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The eurozone in crisis

The eurozone in crisis

Athens, GREECE : Greece’s Archbishop Ieronimos (C) delivers a blessing during a swearing-in ceremony in the Greek parliament in Athens on May 17, 2012. Greece unveiled a caretaker cabinet of technocrats tasked with organising the cash-strapped nation’s second elections just six weeks after an inconclusive vote sent jitters across the eurozone. AFP PHOTO             [Republishing of this backgrounder is with permission of the Council on Foreign Relations.]IntroductionThe euro was introduced in 2002 as the single currency of the European Union, consolidating the... Read more

Alternative EU crisis narrative gains respectability

Alternative EU crisis narrative gains respectability

Berlin, GERMANY: This handout photo made available by the German government press office shows German Chancellor Angela Merkel (L) and the new French president Francois Hollande after a press conference at the German Chancellery on May 15, 2012 in Berlin. Francois Hollande met Angela Merkel for their first talks on the debt crisis as Greece’s future in the eurozone appears uncertain. Hollande is less Europeanist than former president Nicolas Sarkosy. AFP PHOTO                 Italian Prime Minister Mario Monti said on Wednesday Mach... Read more

We see the beginning of Europe’s ‘Final Act’

We see the beginning of Europe’s ‘Final Act’

A woman withdraws money from a branch of Eurobank in central Athens on May 17, 2012. Debt-laden Greece is headed for new elections next month following an indecisive vote and named a judge as caretaker premier amid growing fears over the country’s possible expulsion from the eurozone. AFP PHOTO           UPDATE AND OVERVIEWManila Times Editor in Chief’s update and overview: The crisis in the eurozone is the primary subject in the G-8 Summit now going on in the Camp David, Maryland, USA. Read more

Pacquiao accepts columnist Ampong’s apology

Pacquiao accepts columnist Ampong’s apology

Manny Pacquiao during a Bible study session. PHOTO BY ROBBIE PANGILINAN       Eight-division world champion Manny Pacquiao has accepted the apology of columnist Granville Ampong, whose column stated that Pacquiao quoted Leviticus 20:13 in declaring his stand against same-sex marriage. Read more

Breaking News

Published : Friday May 18, 2012 - 19:00

US military option on Iran 'ready': envoy to Israel

JERUSALEM, May 17, 2012 (AFP) - The United States has a military option "ready" if diplomacy fails to halt Iran's controversial nuclear programme, the US envoy to Israel has said, an Israeli newspaper... Read more

Published : Thursday May 17, 2012 - 20:00

Philippines to drill at China-claimed reef

A PHILIPPINE oil firm said on Thursday it would start drilling next year at a potentially massive natural gas field at a reef in the West Philippine Sea (South China Sea). Read more

Published : Thursday May 17, 2012 - 20:00

China calls for consistent diplomacy from the Philippines

BEIJING: China on Thursday called on the Philippines to send clear and consistent messages on diplomatic solutions to the ongoing standoff between the two countries in the West Philippine Sea (South C... Read more

Published : Saturday May 12, 2012 - 18:00

Social media rewards are like food, sex – study

WASHINGTON, D.C.: Posting views on Facebook and other social media sites delivers to the brain a powerful reward similar to the pleasure derived from food and sex, a Harvard study has concluded. Read more

Top Stories

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NPA rebels torch equipment worth P100M in Albay town

DARAGA, Albay: Suspected New People’s Army (NPA) rebels on Friday night torched heavy-duty construction equipment worth P100 million over Sunwest Group of Companies’ failure to pay a so-called “revolutionary tax.”

Palace mum on reported INC lobbying

MALACAÑANG on Saturday remained mum on a recent report alleging that the Iglesia ni Cristo (INC or Church of Christ) is lobbying with senator-judges for the acquittal of impeached Chief Justice Renato Corona.

G8 leaders to focus on Europe’s woes

CAMP DAVID, Maryland: Leaders of the world’s most powerful nations were to focus their attention on Europe’s economic woes on Saturday after US President Barack Obama threw his weight behind French calls for more pro-growth policies.

Nation

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Deployment of OFWs to Taiwan to increase

TAIPEI: Ma Ying-jeou’s second inauguration as president of Taiwan would increase the deployment of Filipino workers to the island-nation, a Philippine official said on Saturday.

NATION IN BRIEF

LIGHT PLANE IN LIGHT MISHAPA Beechcraft Cherooke plane crashed on landing at the Manila Domestic Airport shortly after its front landing gear collapsed on touchdown at runway 13, airport authorities said Saturday.

New ‘monster’ species out to ruin Laguna Lake

After the destructive invasion of the janitor fish in Laguna de Bay, another equally invasive predator—known as the knife fish—is now threatening to wipe out the biodiversity of the 94,900-hectare lake.

Regions

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Padded construction cost sends police official to jail

A FORMER regional director of the Philippine National Police-Eastern Visayas was sent behind bars for a maximum of 10 years for overcharging funds spent on a building construction.

Site for Benguet landfill still under consideration

ITOGON, Benguet: Fitting out an engineered sanitary landfill (ESL) between Baguio City and this town still hangs.

2 pilots killed in plane crash along shoreline of Bataan

APhilippine Air Force (PAF) trainer plane with two pilots aboard crashed along the shoreline of Bataan province.

Sports

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Gesta likely to fight Marquez

World Boxing Organization interim junior welterweight champ Juan Manuel “Dinamita” Marquez favors unbeaten Filipino title contender Mercito “No Mercy” Gesta for his next big money fight planned for Ju...

Manny Pacquiao’s leg cramps and modern musculoskeletal science

(2nd of two parts)Filipino boxing icon Manny Pacquiao’s recurring leg cramps cannot be cured by endless massage therapy sessions but through modern musculoskeletal science procedures which involve the...

Pacquiao accepts columnist Ampong’s apology

Pacquiao accepts columnist Ampong’s apology

Manny Pacquiao during a Bible study session. PHOTO BY ROBBIE PANGILINAN       Eight-division world champion Manny Pacquiao has accepted the apology of columnist Granville Ampong, who...

Tech Times

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Netsuite delivers 'Commerce as a Service' as unified business platform for B2B, B2C, M2M

SAN FRANCISCO — NetSuite Inc., the industry’s leading vendor of cloud-based business management software suites, today announced NetSuite “Commerce as a Service” (CaaS), enabling businesses to manage their interactions with other businesses and directly with consume...

Recovering lost data, systems may be impossible – study

Recovering lost data, systems may be impossible – study

  Top enterprise storage solutions provider EMC Corporation announced results of “The Disaster Recovery Survey 2012: South East Asia,” which found that 83 percent of companies in this region are not very confident that they can fully recover systems or data in the ev...

Back-to-school gadget: IdeaPad S110

Back-to-school gadget: IdeaPad S110

  Lenovo’s latest laptop offering, the IdeaPad S110 netbook, is the ideal laptop for students who are looking for flexibility and portability at a reasonable price.

Fast Times

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FACE VALUE

FACE VALUE

  LEXUS is getting emotional. And by that it means the brand is making bolder statements with its cars by infusing them with appeal that tugs on a carnal level—all without having to necessarily abandon the cerebral qualities on which Lexus has hinged its phenomenal s...

3 ATHLETE

3 ATHLETE

    FOR boxy, practical sedans that could shame—or at least, match—flashy coupés and sports cars in the performance department, the auto planet has BMW to thank. However, it isn’t the company’s 3 Series that should be credited for starting the sports sedan genre. As...

Subaru sees record 2013 sales to follow slow tally this year

Subaru sees record 2013 sales to follow slow tally this year

Fuji Heavy Industries President Yasuyuki Yoshinaga announces the company’s financial result in Tokyo on May 8. AFP PHOTO         SUBARU maker Fuji Heavy Industries (FHI) last week forecasted that its 2013 results will post an “all-time high” of 721,00...

Dear PAO

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Adopted child may be disinherited

Adopted child may be disinherited

  Dear PAO,My father adopted my sister’s son when the latter was just 7 years old. Now, the adopted child is already 30 years old. My father wants to reverse the adoption because of family dispute.

Late co-owner’s family has rights over half of condominium unit

Late co-owner’s family has rights over half of condominium unit

  Dear PAO, My fiancée’s former boyfriend died 10 months before I met her. My fiancée and her deceased boyfriend bought a condominium then. Its title was issued under their names. I told her to get a copy of the death certificate of her late former boyfriend and take...

Adoption cannot be rescinded; adopted child may be disinherited

Adoption cannot be rescinded; adopted child may be disinherited

  Dear PAO,My father adopted my sister’s son when the latter was just 7 years old. Now, the adopted child is already 30 years old. My father wants to reverse the adoption because of family dispute.

Opinion

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The eurozone crisis

HOW badly will the world be harmed if the eurozone broke up? Some analysts think something like the Lehman Brothers bankruptcy, which, along with other bankruptcies, started the 2008-2009

People’s Republic of Clout

The Philippines is one of the very few countries in the world that is unconcerned about having a global clout. The list is short. And for good reason.

Fair Trade: Protecting human rights

Dublin, Ireland: Juanito Hacinto is a poor man in Bataan, Philippines. He is a member of the Aeta indigenous people. He sat with his wife Nita, and their three children under a mango tree to hear

Business

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PH presses Thailand on cigarette imports

THE Department of Trade and Industry (DTI) has urged Thailand to comply with the World Trade Organization (WTO) ruling on...

Government debt hits P5 trillion as of March

The Bureau of Treasury (BTr) said on Friday that the National Government Debts increased to P5.088 trillion as of the...

ADB raises $339M for clean energy

To be able to support its renewable energy and energy efficiency projects in the Asia Pacific region, the Asian Development...

Write down your to-do list

Agoal is a goal is a goal. If you don’t act on it, it becomes wishful thinking.

Schulz warns of economic collapse for Greece

ATHENS: European parliament chief Martin Schulz warned on Friday against any Greek exit from the eurozone, saying that the country’s...

Tobacco farmers cold to proposal to raise sin taxes

Tobacco farmers on Thursday has asked the government to go slow on the imposition of higher tax on tobacco products,...

Calata offering gets warm reception

AGRIBUSINESS firm Calata Corp.—only the third company to list through an initial public offering (IPO) this year after GT Capital...

Terminal fee to be included in tickets

The Department of Transportation and Communications (DOTC) and the Manila International Airport Authority (MIAA) has formalized an agreement with major...

World

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Blind Chinese activist: I’m at airport, may leave for US

BEIJING: Blind Chinese activist Chen Guangcheng said on Saturday he was at Beijing’s international airport with his family and that he believed he would be flying to New York.

China pursuing steady military build-up – Pentagon

WASHINGTON, D.C.: China is exploiting Western commercial technology, conducting aggressive cyber espionage and buying more anti-ship missiles as part of a steady military build-up, the Pentagon said. ...

WORLD IN BRIEF

RUAK SWORN IN AS TIMOR-LESTE PRESIDENTDILI: Former guerrilla leader and ex-army chief Taur Matan Ruak is to be sworn in as Timor-Leste’s new president on Saturday as the young democracy, devastated by...

Life & Times

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My ‘Lumia’ adventure

My ‘Lumia’ adventure

Submerged at the Manila Ocean Park’s giant tank with other media events       Last week, Nokia hosted a three-day event called Ticket to Amazing. Choosing from a day of “Aero,” “Aqua...

Underwater exploration in Bohol

Underwater exploration in Bohol

The marvelous underwater panorama of Bohol     Aside from the Chocolate Hills, Tarsiers and the ivory beaches of Panglao, what else is there to see in Bohol?

Celebrities, DJs and urban professionals

Celebrities, DJs and urban professionals

Adventurous lookers Jon Hall and Maria Persson     Actor Jon Hall and Maria Persson are love partners in crime. After being introduced to each other by Maria’s sister more than a year...

Showtime

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Coco Martin, proud to be Angeline Quinto’s ‘first’

Coco Martin, proud to be Angeline Quinto’s ‘first’

Multiawarded actor Coco Martin returns to the big screen     It might have taken a lot of patience and eight months to shoot their movie, Born to Love You, but for Coco Martin, being ...

Sore throat and all, Jessica nails a Tyler hit

Sore throat and all, Jessica nails a Tyler hit

PHOTO FROM YOUTUBE     Filipino-Mexican-American Jessica Sanchez received a standing ovation from judge Steven Tyler for singing his Aerosmith hit song “I Don’t Want to Miss A Thing” ...

Sensual Sarah

Sensual Sarah

Sarah Geronimo is all grown up     Showbiz certainly becomes Sarah Geronimo. Her transformation—from a regular-looking teenager in the early 2000s to a fashionable and sophisticated w...

Special Report

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The eurozone in crisis

The eurozone in crisis

Athens, GREECE : Greece’s Archbishop Ieronimos (C) delivers a blessing during a swearing-in ceremony in the Greek parliament in Athens on May 17, 2012. Greece unveiled a caretaker cabinet of t...

Nationalism, populism and the collapse of the European Union

European Parliament President Martin Schulz said Thursday April 26 that the collapse of the European Union is a realistic scenario.

Alternative EU crisis narrative gains respectability

Alternative EU crisis narrative gains respectability

Berlin, GERMANY: This handout photo made available by the German government press office shows German Chancellor Angela Merkel (L) and the new French president Francois Hollande after a press ...

Sunday Magazine

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Joe Reaño and his path to a better life

Joe Reaño and his path to a better life

  “Give a man a fish and you feed him a day, teach a man how to fish and you feed him forever.” —Confucius

Daet dazzles in grand homecoming year

Town mayor revives bid for cityhoodDaet, capital town of Camarines Norte, will dazzle visitors with the “Visit Daet Year 2012” to bring to the fore its gains in the economy, tourism, character and goo...

Hudyaka Fest celebrates rich culture

The Zamboanga del Norte province showcases its rich indigenous culture in the Hudyaka sa ZaNorte Festival in celebration of its 60th founding day, from May 30 to June 9.

Healthnews

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Myths About heart disease

IN celebration of World Hypertension Day, here  are some myths that will correct wrong notions about heart disease.

More tests for Moms

AFTER discussing tests for breast cancer, cervical cancer, colorectal cancer and diabetes in last Friday’s issue, the following are recommended medical examinations for moms and other women in our fam...

TomoTherapy, Latest Cancer Care Treatment

Makati Medical Center revolutionized cancer care in the country with the introduction of new cutting-edge radiation treatment called TomoTherapy, a new radiation therapy system that employs intensity ...

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