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Thursday, April 24, 2008 |
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Oil nears $120 per
barrel |
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Global concern mounts, as Saudi Arabia calls for calm |
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INTERNATIONAL concern mounted as
world oil prices edged closer to
$120 a barrel Wednesday, and the world’s top producer called for
calm.
Analysts said a weakening US
dollar, supply worries in Nigeria and the reluctance of the
Organization of Petroleum Exporting Countries (OPEC) to increase
output have all contributed to the price surge.
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O T H E R R E P O R T S
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Clinton clinches
‘must-win’ Pennsylvania primary
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PHILADELPHIA: A victorious
Hillary Clinton convincingly kept her White House quest alive,
triumphing over Barack Obama in Pennsylvania’s rancorous
Democratic primary.
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Low usage of coal
driving electricity rates to increase
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A drop in the utilization of the
country’s coal plants last month caused a spike in the
distribution charges of the Manila Electric Co. (Meralco), data from
the Philippine Electricity Market Corp. (PEMC) showed.
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House Committee
Approves 5-Year Carp Extension
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THE House Committee on Agrarian
Reform on Wednesday approved the consolidated bill extending the
life of the Comprehensive Agrarian Reform Program (CARP) for another
five years.
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Public sector debt
goes up to P5 trillion
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THE Department of Finance said
the Philippine public sector’s debt grew last year because of an
increase in the domestic liabilities of government financial
institutions and the Bangko Sentral ng Pilipinas.
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Filipina OFW in
China gets death sentence
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A Filipina overseas Filipino
worker (OFW) in China was sentenced to
death for smuggling heroin into that country, the Department of
Foreign Affairs confirmed Wednesday.
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POLITICS POLLUTES CIVIL SERVICE
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New CSC chief
faces pack of ineligible bureaucrats
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The recent nomination of Ricardo
Lirag Saludo as chairman of the Civil Service Commission effectively
signals the capture by political appointees of managerial positions
in the bureaucracy...
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EXCLUSIVE
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Spanish project to
benefit Intramuros
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Spain is poised to launch a
P300-million social program, called Escuela Taller, that aims to
provide vocational training to young residents of Intramuros and
contribute to the historic district’s rehabilitation,...
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