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Friday, April 11, 2008 |
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Oil hovers at $110 a barrel |
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World crude prices couldclimb to $120–experts
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World oil prices were steady in Asia on Thursday, after reaching
record highs on the back of an unexpectedly sharp drop in US energy
inventories and a further decline in the dollar.
In afternoon trade, New York’s main oil
contract, light sweet crude for delivery in May, gained five cents
to $110.92 per barrel.
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O T H E R R E P O R T S
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President mulls distributing
rice directly to poor
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President Gloria Arroyo said she might order the
removal of government rice from public markets and instead have the
Filipinos’ staple distributed directly to impoverished
communities.
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Rice inventories grow by 30%, officials say
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Officials of the National Food Authority (NFA)
and the Ginintuang Masaganang Ani (GMA) rice program reported that
the country’s rice inventories for the dry-season harvests totaled
1.943 million metric tons, or 30 percent higher than last year’s
stocks during the same period.
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Poverty, insurgency feed on each other–GMA
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BANGUED, Abra: President Gloria Arroyo acknowledged that poverty and
insurgency don’t make strange bedfellows.
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FEATURE
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Spaniards find ‘tiny’ new
planet
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MADRID: Spanish astronomers have announced the discovery of the
smallest planet discovered to date outside the Solar System, located
30 light years from Earth.
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Court acquits former Gen. Garcia of perjury
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THE Sandiganbayan Second Division on Thursday
acquitted former Maj. Gen. Carlos Garcia of perjury.
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SPECIAL REPORT
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China surprised, indignant,
pained by row on Olympics
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DRIVING down Beijing’s expansive 12-lane Dong
Chang’an Jie thoroughfare, signs that the Olympics will take place
in this ancient city barely four months from now are all but
nonexistent save for a marker and a countdown clock at the façade
of the China National Museum.
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SPECIAL
REPORT:
FOOD SECURITY
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Reduced rice intake good
for Filipinos–Sec. Panganiban
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With rice being eaten by half of humanity, many
countries must produce large quantities of it.
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