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Wednesday, January 28, 2009 |
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Crisis, elections
feed graft |
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Corruption‘brutal’ to poor – UN |
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Corruption in the Philippines would be in the good company of the
global economic crisis and the 2010 elections in the country, a
United Nations official warned on Tuesday.
Renaud Meyer, the country
director for the Philippines of the UN Development Program (UNDP),
said the two scenarios would likely increase incidences of
corruption as means to mitigate adverse impact of the economic
crisis and to bankroll politicians running for office in the polls.
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O T H E R R E P O R T S
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IMPORTS NOSEDIVE,
PRODUCTION FALLS
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Philippine imports fell to a
record low in November, as manufacturing output contracted for the
first time in seven months, according to government reports released
Tuesday.
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Financial crisis
sends jitters to labor sector
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The global financial crisis
continued to take its toll on the local unemployment situation on
Tuesday, when a multinational cement firm announced temporary
closure of its Philippine plants.
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Sen. Defensor
blasts Teves, Ebdane, Ombudsman
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Sen. Miriam Defensor Santiago
called for the resignation of Finance Secretary Margarito Teves and
Public Works Secretary Hermogenes Ebdane Jr. and the impeachment of
Ombudsman Maria Merceditas Gutierrez...
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P20-M bounty
placed on PDEA chief Santiago, Maj. Marcelino
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Two top-ranking officials of the
Philippine Drug Enforcement Agency (PDEA) on Tuesday claimed that
high-profile drug syndicates that had been dismantled by the
anti-drug agency have put up a total of P20 million...
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Caviar days now
over at Davos meet
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DAVOS, Switzerland: Lavish
parties thrown by top Wall Street bankers used to be the talk of the
annual Davos forum, but the economic crisis has forced
belt-tightening this year.
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Diesel, kerosene
cut, gasoline price hiked
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Local petroleum players again
rolled back diesel and kerosene prices but also increased gasoline
prices on Tuesday, as world oil prices traded higher in Asia also on
Tuesday.
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FEATURE
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Rare New Zealander
becomes a dad at 111
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WELLINGTON, New Zealand: This
country’s most celebrated centenarian, a rare reptile known as
Henry, has discovered his mojo and become a father for the first
time at the age of 111.
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