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Monday, May 05, 2008 |
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P100B to level federal
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‘Equalization fund’ will favorless developed
autonomous states
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A P100-billion “Federal Equalization Fund”
administered by a Federal Equalization Council will assist less
developed federal states and enable them to catch up with
economically advanced states, Senate Minority Leader Aquilino
Pimentel Jr. said on Sunday.
Doubts have already been raised whether the
proposed federal states of Bangsamoro, Eastern Visayas, and Bicol
can come up with the needed resources to provide the basic services
that they should shoulder once the Philippines shifts to a federal
form of government.
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Story>>
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O T H E R R E P O R T S
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World govts move against rice price spikes
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HONG KONG: Rationing, subsidies, price-fixing cartels, export
curbs—you name it, governments across the world are trying it out
as they seek to shield their populations from the soaring prices of
rice.
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Story>>
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Ombudsman sets probe of Napocor chief
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THE Office of the Ombudsman will start its probe
of charges that the National Power Corp. (Napocor), through its
president Cyril del Callar, billed consumers P10 to P20 more per
kilowatt hour through collusion and creating artificial supply
shortage to recover about P9 billion in stranded costs.
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Ex-Justice chief Nani Perez,
3 others arraigned today
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Former Justice Secretary Hernando “Nani”
Perez will make his first public appearance Monday after being
indicted by his former subordinate and now Ombudsman Merceditas
Gutierrez before the anti-graft court Sandiganbayan.
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Gems of History
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Old ties bind Hong Kong, Philippines
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When people mention Hong Kong in relation to the
Philippines, the 180,000 Filipino domestic helpers there almost
always come to mind. What some of them may have forgotten is that
Hong Kong played an important role during the Philippines’
revolutionary period a century ago.
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SPECIAL REPORT:
STALLED GRP-MILF PEACE TALKS
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MILF frustrated about ‘deal’
between government, MNLF
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Some Mindanao Muslims supposedly fear that war
will break out again as the government and the Philippine military
can see that the MILF will not agree to adopting Philippine
constitutional processes to create an independent state for the
Muslim minority in the country’s southern Mindanao region.
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