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Stronger peso tempers rising PH debt

Inquirer Breaking News - Fri, 05/31/2019 - 05:14
The national government's debt stock settled at P7.79 trillion as of end-April, easing slightly by P15.4 billion or 0.2 percent from the March level as the peso strengthened against the US dollar. Compared to the same period in 2018, the country's debt stock jumped by P912.1 billion or 13.3 percent. Of the latest figure, one-third was sourced from foreign lenders while two-thirds were borrowed from domestic sources. Domestic debt was pegged at P5.2 trillion, 0.2 percent or P8.6 billion higher than the previous month's level. "For April, net issuance of government securities amounting to P8.82 billion brought an increase in the level of domestic portfolio while (there was a re...

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Trabaho bill threatens PH electronics industry’s existence

Inquirer Breaking News - Fri, 05/31/2019 - 05:12
Electronics manufacturers, the country's largest exporters, fear that the industry "might dwindle and eventually disappear" in the long term if the Trabaho bill gets passed in its current form. In a briefing on Thursday, the Semiconductor and Electronics Industries in the Philippines Foundation Inc. (Seipi) aired its reservations on the second tax reform package. Seipi president Danilo Lachica said the industry had been feeling the "pinch" of the US-China trade war, marking a different scenario from the time when the industry thought it was "impervious" to the trade tensions. This and the decline in global demand are Seipi's concerns for the short term. For the long term, Lachic...

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Pinoy mom, child seek asylum for hiding Snowden

Inquirer Breaking News - Fri, 05/31/2019 - 05:12
MONTREAL, Canada---A lawyer for a family who sheltered fugitive former National Security Agency (NSA) contractor Edward Snowden has asked Canada on Wednesday to take them in as refugees, saying they were being persecuted in Hong Kong.   Guillaume Cliche-Rivard of the nongovernmental group For the Refugees, which in March sponsored two other Snowden "Guardian Angels," Filipinos Vanessa Rodel and her 7-year-old daughter Keana, made the plea on "humanitarian grounds" at a press conference.   He noted growing concerns about civil rights abuses since mainland China took control of the former British colonial enclave in 1997.   Originally from Sri Lanka, Supun ...

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Mueller speaks, but he's still an enigma

CNN Top Stories - Fri, 05/31/2019 - 05:01
As last Thanksgiving approached, President Donald Trump's personal lawyers drove to the Justice Department for a hastily arranged meeting.
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Barr says Mueller 'could've reached a conclusion' on obstruction of justice

CNN Top Stories - Fri, 05/31/2019 - 04:53
Attorney General William Barr said he believes special counsel Robert Mueller could have reached a conclusion on whether President Donald Trump had committed obstruction of justice.
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Fact-checking Trump's Mueller statements

CNN Top Stories - Fri, 05/31/2019 - 04:40
CNN's Kaitlin Collins debunks a few of President Trump's false claims after Robert Mueller's first public statement about his investigation.
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Explorers stumble upon shipwreck

CNN Top Stories - Fri, 05/31/2019 - 04:24
A National Oceanic and Atmospheric Administration (NOAA) research vessel on a 13-day mission to test its equipment unexpectedly discovered a mid-1800s shipwreck in the Gulf of Mexico.
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Huawei and 5G: What's at stake

CNN Top Stories - Fri, 05/31/2019 - 02:17
CNN gets access to Huawei's 5G exhibition hall and takes a look at how the trade blacklist threatens the rollout of the ultra-fast network.
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Shanahan: I'd never dishonor American patriot like McCain

CNN Top Stories - Fri, 05/31/2019 - 02:13
Acting Defense Secretary Patrick Shanahan denied knowing of any plans concerning the Navy ship USS John McCain, after reports revealed the White House office and Navy leaders discussed hiding the ship.
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Warriors center DeMarcus Cousins available for NBA Finals Game 1

Inquirer Breaking News - Fri, 05/31/2019 - 02:10
TORONTO --- Golden State coach Steve Kerr says center DeMarcus Cousins is available for Game 1 of the NBA Finals on Thursday night. Kerr made the announcement at the team's shootaround practice Thursday. Cousins has not been on the Warriors' active roster since injuring his right quadriceps muscle early in Game 2 of the Warriors' opening-round series against the Los Angeles Clippers. The Warriors originally thought Cousins' quad injury would be season-ending. He got hurt on April 15. Kerr said he has a plan for how Cousins will be used in Game 1. "I do," Kerr said. "But I'm not going to tell you." When Cousins actually plays, it'll be his NBA Finals debut. He had not a...

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Philippine Navy earns trips to China for Kings of Kings Basketball Challenge

Inquirer Breaking News - Fri, 05/31/2019 - 02:05
MANILA, Philippines-- Philippine Navy Sea Lions earned a ticket to the Kings of Kings Basketball Challenge main tournament in Shanghai, China after ruling the Manila leg at Taft Food by the Court recently. The Go for Gold Philippines-backed Sea Lions overcome Singson's Demigods, which featured several imports and players from the MPBL, in the finals of the five-on-five, race-to-21 streetball style of competition. The Philippine Navy team will don the country's colors in the main challenge in Shanghai, where they will face teams from China, United States, Russia and Europe from August 8-11. "We didn't expect to win. From the star, our plan was to use the tournament to gain ex...

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Trump admitted something we all knew. Then un-admitted it

CNN Top Stories - Fri, 05/31/2019 - 01:32
• President unleashes fury on Mueller • Fact-checking Trump's flurry of lies • Here's how impeachment would work
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Austria names its first female chancellor

CNN Top Stories - Fri, 05/31/2019 - 01:27
Austria is welcoming its first female chancellor with the appointment of Brigitte Bierlein, who will lead a caretaker government until elections can be held in September.
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Zip line off the Eiffel Tower at 55 miles per hour

CNN Top Stories - Fri, 05/31/2019 - 01:13
A new attraction in Paris lets tourists take a half-mile-long zip line from the second floor of the Eiffel Tower.
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KFC is looking into plant-based chicken alternatives

CNN Top Stories - Fri, 05/31/2019 - 00:58
The plant-based protein trend is so powerful, even Kentucky Fried Chicken is taking an interest.
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Elton John opens up about his turbulent yet triumphant survivor story (Conclusion)

Inquirer Breaking News - Fri, 05/31/2019 - 00:45
  Elton John, the bespectacled boy who found redemption in music then got lost in the madness of pop stardom, has learned to put fame in perspective. "I had the period when I had my gold records and all the artifice that goes with being successful," Elton said. "I don't have them anymore. They're in a storeroom somewhere. "If I'm not able to write a song, I just leave it alone. The gift is astonishing. I write other things, musicals with other people, and it's the same formula. If I have the lyrics, a movie appears. "Of course, there are times when you doubt your talent. And you think, am I that good enough? No artist, if he has any self-respect, will say, 'Oh it's a...

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1st studio shots of Dingdong and Marian’s baby boy

Inquirer Breaking News - Fri, 05/31/2019 - 00:40
  Dingdong Dantes and Marian Rivera can't seem to get enough of their new baby boy, Sixto, who has just turned a month old. In a recent series of Instagram posts, the couple shared with their fans adorable studio shots of their son. In one photo, Sixto is shown lying face down on the saddle of one of his dad's Ducati motorcycles. "Alright, OK, yes, maybe one day you can ride it and even own it. But that's not what I want you to have," Dingdong wrote, adding that as beautiful as the motorcycle is, it is, at the end of the day, just a material thing that "gets old." Instead, the actor said, he would make sure to instill in his son the importance of valuing people an...

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Prochoice celebs speak vs Alabama’s antiabortion bill

Inquirer Breaking News - Fri, 05/31/2019 - 00:35
  Celebrities continue to speak out against the recently signed law in Alabama that bans abortion, with no restrictions for rape or incest. In the United States, a woman's constitutional right to safe and legal abortion has been the law for over 46 years. Actress-talk show host Busy Philipps, who had an abortion when she was 15, told the New York Times that her hashtag, #YouKnowMe, attracted women who opened up about their own health experiences. "There's something super empowering about being able to shift the narrative and have a ton of people say, 'I've also gone through this thing,'" Philipps said. "Before I spoke on my own show, ['Busy Tonight'], I had read a st...

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Gary V, Billy in dance fest

Inquirer Breaking News - Fri, 05/31/2019 - 00:25
The weeklong Makati Evolt International Dance Festival 2019, which kicks off on June 2 at Circuit Makati, will feature free dance workshops and a concert extravaganza with guests who include Gary and Gab Valenciano, Billy Crawford and Darren Espanto. For tickets, visit smtickets.com and ticket2me.net. Check out Facebook@evoltdancefest and teeradio.net for updates....

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Why Eugene isn’t keen on having a baby

Inquirer Breaking News - Fri, 05/31/2019 - 00:20
  At 47, Eugene Domingo can still very well try for a baby if she pleases. "Sa totoo lang, ang bongga ng itlog ko!" Eugene quipped, drawing laughter from show biz reporters in a recent visit to the set of her Sunday comedy anthology, "Dear Uge." "For real! My doctor happily told me that I could still bear a child. Eh anong gagawin natin doktora, i-announce ko sa labas? Na pwede pa akong magka-anak?" she crackingly jested. But while this is the case, the award-winning actress---who's in a relationship with an Italian film critic---is perfectly content with how things are. "I'm not keen on having a baby anymore. Ang dami nang tao dito sa mundo---dadagdagan ko pa ba?...

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