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Wednesday, August 15, 2007

 

EDITORIAL

A benefit of underdevelopment

Editorial Cartoon

Click to enlarge

THE Bangko Sentral ng Pilipinas’ (BSP) announcement that it saw no need of injecting additional money into the local financial system is hardly reassuring.

Last week central banks from as far as North America and Europe, to as close by as Japan and Singapore, infused liquidity into their respective markets to counteract a developing credit crunch signaled by the sudden rise in short-term interest rates. 

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O T H E R   C O L U M N S  A N D  F E A T U R E S

 

BIG DEAL
By Dan Mariano

Apart from the Department of Agrarian Reform, nearly a dozen other agencies are involved in the implementation of the Comprehensive Agrarian Reform Program.

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INSIDE CONGRESS
By Efren L. Danao

This has escaped media attention, but the Senates of the Philippines and Spain had just signed an agreement to intensify bilateral cultural and linguistic relations and to strengthen their parliamentary cooperation.

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FROM THE NEWSROOM
By Johnna Villaviray-Giolagon

That sounds preposterous, especially after just a few days of a single day’s fighting that left 26 soldiers dead.

Early last Thursday, armed men ambushed a contingent of soldiers out on an administrative and logistics run. 

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VIRTUAL REALITY
By Tony Lopez

I got two feedbacks from my column yesterday on McDo vs. Jollibee.

The first came from a certain Jay Villaranda. He wrote:

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NEW DELHI: India deployed tens of thousands of security forces on the eve of the 60th anniversary of independence after new threats by al-Qaeda and separatist rebels, officials said Tuesday.

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ISLAMABAD: Pakistan celebrated the 60th anniversary of independence on Tuesday with prayers and a national minute of silence, low-key festivities for a country in the grip of political and religious turmoil.

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Severino O. Frayna Jr., Benjie Dela Rosa
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