The Manila Times

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A BANGKO Sentral ng Pilipinas (BSP) executive is hoping that President Benigno Aquino 3rd will include among the administration’s priority bills the amendment of the central bank’s BSP Charter, which includes the increase in its capitalization. BSP Deputy Governor Diwa Guinigundo said the higher capitalization is “very urgent” to further…

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FOR months, US Secretary of State John Kerry has cut a rather lonely figure in Washington, openly mocked for his single-minded pursuit of what many believe is a fool’s errand—a Middle East peace deal. The kindest critics have given him an “A” for effort, while remaining skeptical that he can…

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PANAMANIAN authorities have found two Soviet-era MiG-21 fighter jets aboard a North Korea-flagged ship seized this month as it tried to pass through the Panama Canal after departing from Cuba. The supersonic jets were found alongside missile and other weapons parts concealed in a shipment of sugar, in what could…

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The Food and Drug Administration (FDA) banned sixteen cosmetic products in the Philippine market. Mostly from China, the products were also ordered to be removed immediately from the market to prevent the public from buying them. “The FDA declares that the cosmetic products are unsafe and pose imminent danger or…

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THE Nationalist Peoples Coalition (NPC) headed by business tycoon Eduardo Murphy “Danding” Cojuangco has named another spokesperson for the party, a party official said Saturday. In a statement, NPC spokesperson and Valenzuela City Mayor Rex Gatchalian announced that he will be sharing spokesperson duties with Quezon Rep. Mark Enverga. Gatchalian…

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Venezuela late Friday said has “ended” its rapproachment with the United States due to a statement by Samantha Power, nominated to become the US envoy to the United Nations. Caracas said it was ending a trend towards warming ties because Power told a US Senate hearing on Wednesday that…

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AROUND 2,000 people who have worked at Japan’s wrecked Fukushima nuclear plant face a heightened risk of thyroid cancer, its operator said Friday. Tokyo Electric Power (Tepco) said 1,973 people—around 10 percent of those employed in emergency crews involved in the clean-up since the meltdowns—were believed to have been exposed…

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BUILDINGS were torched as hundreds of asylum-seekers escaped detention during riots at an Australian refugee facility on Nauru, witnesses said Saturday, following the launch of a hard line immigration crackdown. Australia announced on Friday that boatpeople will no longer be resettled in the country and all future unauthorized arrivals will…

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NORTH Korea has awarded late leader Kim Jong-Il a new medal, state media said Saturday, as Pyongyang gears up to mark 60 years since the Korean War ended. The presidium of the Supreme People’s Assembly, or parliament, passed the order on Kim—who died of a heart attack in December 2011—on…