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Tuesday, June 23, 2009

 

Bank sees recession for RP

NEDA official disputes World Bank warning

 
By Darwin G. Amojelar, Senior Reporter
 
The World Bank predicted on Monday that the Philippines was likely to slip into “outright recession” this year because scenarios for recovery of the global economy remained uncertain, but a top Filipino economic manager belittled the warning.

“Surely, there [would be] no recession. Resiliency will beat recession,” said Rolando Tungpalan, the deputy director general of the National Economic and Development Authority (NEDA).

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O T H E R   R E P O R T S

 

The Department of Justice on Monday filed multiple homicide charges against an owner of Sulipicio Lines Inc. and the ship master of the MV Princess of the Stars, which sank off the coast of Romblon at the height of Typhoon Frank last year, claiming the lives of almost a thousand passengers.

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CAIRO: The Influenza A(H1N1) epidemic swept over the Middle East region as infections continued to climb across the region and more countries previously immune to the flu saw their first confirmed cases.

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Six policemen, including Supt. Franklin Moises Mabanag, were each suspended for six months after they were found to have used excessive force in arresting relatives of the late Trinidad Arteche Etong, the wife of broadcaster Ted Failon, two months ago.

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President Gloria Arroyo is not a lame duck president, because she remains the country’s leader until 2010 and people around her still follow her instructions, Malacañang said Monday.

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ZAMBOANGA CITY: At least 14 rebels from two Muslim separatist groups were killed and 22 others wounded in separate clashes with government forces in southern Philippines, officials said Monday.

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A 49-year-old-woman became the first fatality in the Philippine related to the Influenza A(H1N1) flu virus, Health officials reported Monday.

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TEHRAN: Iranian authorities arrested at least 457 people after post-election clashes that left 10 people dead, state radio reported on Monday, as the nation’s clerical leaders battled to contain the worst crisis since the Islamic revolution.

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President Goria Arroyo arrived in Brazil on Monday for the first leg of her four-day state visit aimed at strengthening bilateral relations between the Philippines and Brazil.

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FEATURE

COTABATO: Like many people living around the Liguasan wetland in southern Philippines, Aleem Siddiqui Guiapal grew up somewhat like a nomad, moving from place to place to dodge bullets and mortar shells.

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