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Monday, August 31, 2009 |
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Marcoses lose $35-M claim |
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Court finds no new argument in Arelma case
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By Jomar Canlas, Reporter
The Sandiganbayan Special Division handling the Marcos case junked
with finality the claim of the Marcos family to the $35-million
Arelma accounts that was handled by Merill Lynch Asset Management in
New York City.In a four-page resolution written by Associate Justice
Norberto Geraldez, the anti-graft court affirmed its April 3, 2009
ruling that dismissed the separate appeals filed by the Marcos
children Imee Marcos-Manotoc, Rep. Ferdinand “Bongbong” Marcos
Jr. of Ilocos Norte, Irene Marcos-Araneta; along with the estate of
former President Ferdinand Marcos represented by his widow, former
Imelda Romualdez Marcos. The Sandiganbayan said that the arguments
presented were merely rehashed and does not warrant a reversal of
their earlier judgment.
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O T H E R R E P O R T S
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EXCLUSIVE
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Govt willing to meet communists in Oslo
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The government is open to meeting the National Democratic Front (NDF)
panel in Oslo, Norway, to save the peace talks, but legal obstacles
concerning leftist consultants must be settled first, an official
said Sunday.
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FEATURE
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MEASURING UP TO PRESIDENT MAGASAYSAY
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With the upcoming conferment of this year’s Ramon Magsaysay
Awards, the nation is once again reminded of one of its most beloved
presidents.
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NEDA Predicts Even Higher Growth In Q3
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The National Economic and Development Authority (NEDA) predicted
that economic growth would improve in the third quarter because of
robust consumer spending and a healthier retail sector.
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NOTES&COMMENTS
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Dumbing down the presidential race
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Choosing a president is a crucial exercise for us Filipinos, because
our political parties and governing bureaucracies do not work
properly.
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Arroyo sons acquire, fail to declare assets
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Presidential son and Pampanga Rep. Juan Miguel “Mikey” Arroyo
has failed to declare in his Statement of Assets, Liabilities and
Net Worth (SALN) for the last two years a $1.32 million, or P63.7
million beachfront property in the San...
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Singapore Expands Beyond Island State
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SINGAPORE: Next time you stay in a luxury resort, buy a loaf of
bread, open a bank account, sit on a massage chair, grab a sushi or
sip a beer anywhere in Asia, check the company’s country of
origin.
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FEATURE
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Japan’s Next Prime Minister Looks to Asia
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TOKYO: Yukio Hatoyama, Japan’s next prime minister after
Sunday’s elections, believes his country should shift its foreign
policy and look less to the United States and more toward Asia.
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‘Mike’ Arroyo to skip Senate’s NBN hearing
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The President’s husband, Jose Miguel “Mike” Arroyo, will skip
the Senate hearing on the botched broadband deal on Tuesday and will
instead send an affidavit of the testimony he had submitted to the
Office of the Ombudsman.
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Explosion in Jolo wounds soldiers
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ZAMBOANGA CITY: Two soldiers were wounded when a homemade bomb
exploded late Sunday in the town of Jolo in the southern Filipino
province of Sulu, officials said.
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