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Good day. Listed below are the tales for The Manila Occasions for Saturday, February 26, 2022, dropped at you by Wilcon Depot, the nation’s main house enchancment and development provides retailer. Store conveniently 24/7 with the Wilcon on-line retailer, simply go to store.wilcon.com.ph.
READ: PH amongst ‘greatest losers’ in Ukraine warfare
A STEEP rise in oil and meals costs triggered by the warfare in Ukraine might hit Asian economies onerous, with the Philippines among the many greatest losers, the Japan-based international funding agency Nomura predicted. Brent crude oil costs, which at the moment are over $100 a barrel, replicate the geopolitical danger from the battle, it stated. Nomura stated meals costs have already gone up, partly as a result of Russia is among the world’s greatest producers of wheat and corn, but additionally due to the impression of upper oil costs on transportation, fertilizer and feedstock prices, and biofuel substitution. The fallout from the warfare might be deeply felt in Asia, the place most nations import oil, and meals and power account for roughly half of rising market consumption expenditure, it stated.
READ: Duterte nonetheless will not choose presidential guess
PRESIDENT Rodrigo Duterte on Friday stated he prefers to “keep impartial” and never endorse a presidential candidate. In a taped one-on-one interview with Presidential Communications Secretary Martin Andanar, Duterte reiterated that he’s not supporting any candidate as his successor, except there’s “a compelling motive” for him to alter his thoughts. Duterte, whose daughter Davao Metropolis Mayor Sara Duterte-Carpio is working for vice chairman, stated that if “the curiosity of the individuals is at stake,” he could be “pressured” to provide a reputation.
READ: After 36 years, activist’s battle goes full circle
The Related Press sat down with former Comission on Human Rights chief Loretta “Etta” Rosales 36 years after the Folks Energy Revolution. She discusses the human rights abuses that she endured below the martial regulation administration of then President Ferdinand Marcos.
READ: Shift to alert stage 1 looms bigger – OCTA
A FELLOW of the OCTA Analysis group has stated that spikes in coronavirus illness 2019 (Covid-19) circumstances and the concern of individuals from exiting the pandemic ought to be anticipated because the Nationwide Capital Area (NCR or Metro Manila) and different areas within the nation at the moment are contemplating a shift to probably the most lenient alert stage classification. The federal government is contemplating the transfer of the NCR and different areas within the nation to de-escalate to Alert Degree 1 in March due to a continued lower within the variety of circumstances. OCTA senior analysis fellow Dr. Guido David on Friday stated as soon as Alert Degree 1 is imposed in choose areas within the nation, there might be a gradual improve within the variety of circumstances on account of elevated mobility of individuals days after the de-escalation.
READ: Sara to skip Comelec vice presidential debate
DAVAO Metropolis Mayor Sara Duterte-Carpio won’t take part within the debate amongst vice presidential candidates organized by the Fee on Elections (Comelec), her spokesman stated. Duterte-Carpio’s spokesman Christina Frasco stated the President’s daughter has not obtained any formal invitation from the Comelec concerning the talk on March 20. The assertion contradicts Comelec spokesman James Jimenez’s announcement that out of the 9 candidates for vice chairman, solely Buhay party-list Rep. Jose “Lito” Atienza Jr. declined to attend attributable to a knee surgical procedure. As this developed, former senator Ferdinand “Bongbong” Marcos Jr., has additionally not but confirmed his attendance within the Comelec-sponsored debate for presidential candidates scheduled on March 19.
BUSINESS: Govt looking for extra US traders
Topping enterprise, the Philippines, which carried out gamechanging reforms to extend the nation’s competitiveness, ought to be thought of by American firms for funding and commerce alternatives. Finance Secretary Carlos Dominguez third and Commerce Secretary Ramon Lopez emphasised this level throughout a digital financial briefing hosted on the Philippine Embassy in Washington, D.C. on Thursday evening. Dominguez stated the present administration signed into regulation and put in place reforms to enhance the Philippines’ development and competitiveness, such because the Company Restoration and Tax Incentives for Enterprises and the amendments to Retail Commerce Liberalization Act (RTLA).
SPORTS: UAAP Season 84 opens March 26
Over to sports activities, after a two-year hiatus as a result of Covid-19 pandemic, the College Athletic Affiliation of the Philippines (UAAP) returns for Season 84 below a bubble setup on March 26. UAAP president Emmanuel Calanog introduced the return of the nation’s premiere collegiate league throughout an internet media briefing on Friday. De La Salle College will function the host for the season.
READ: Opinion and editorial
Antonio Contreras and Yen Makabenta are right this moment’s entrance web page columnists. Contreras asks if Batas Pambansa 135 is a phantom regulation, whereas Makabenta discusses how elections are influenced by the web.
At the moment’s editorial calls on the United Nations to resolve its issues on discrimination. Learn a full model on the paper’s opinion part or take heed to the Voice of the Occasions.
For extra information and data, get a replica of The Manila Occasions on print, subscribe to its digital version or go browsing to www.manilatimes.web. Comply with us on Twitter, Fb or Instagram and Hold Up With The Occasions.
On behalf of The Manila Occasions, that is Aric John Sy Cua reporting. Have a protected weekend forward.
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