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Monday, October 13, 2008

 

IMF hails effort vs. crisis

Developing nations support plan of G7

WASHINGTON, D.C.: Developing countries backed a Group of Seven plan to tackle the financial crisis, a “first” step in global coordination to restore order to global markets, IMF head Dominique Strauss-Kahn said.

Strauss-Kahn bluntly said Saturday (Sunday in Manila) the world’s reeling financial system was teetering on “the brink of systemic meltdown.”

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O T H E R   R E P O R T S

 

The Trade Union Congress of the Philippines (TUCP) on Sunday questioned the Government Service Insurance System (GSIS) equity in at least three Indonesian banks, but cited the fund’s acquisition of shares in a US bank.

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SINGAPORE: As the global financial storm blows fear through Asia’s stock markets, Filipino maid Christy Arciaga is jittery—even though she does not own any shares.

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Yellow corn, once a commodity that can be easily sourced in the international market, is now becoming harder to purchase from other countries and that presents huge opportunities for the country’s corn farmers.

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SPECIAL REPORT :REPRODUCTIVE HEALTH AND POPULATION DEV’T ACT  

Today, reproductive health remains a loosely used term that most people usually associate with childbirth, but they know little else about it.

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NEW YORK CITY: She was plucked from obscurity to become the most watched woman in America, but now vice presidential pick Sarah Palin’s very image is at risk of being hijacked by a hugely successful impersonator.

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First of two parts

DAVAO CITY: Once a week, the drone of airplanes shatters the early morning calm in Calinan, a cluster of small farmlands in the hilly terrain around Mount Apo. 

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Malacañang has brushed aside recent statements by the Moro Islamic Liberation Front saying President Gloria Arroyo no longer has the credibility to push for the resumption of the peace talks.

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Severino O. Frayna Jr., Benjie Dela Rosa
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