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Construction of Trump's border wall halted for review of Biden order

CNN Top Stories - 12 hours 8 min ago
The Defense Department will pause construction of the wall along the US-Mexico border as it reviews President Joe Biden's executive order calling for construction to grind to a halt.
Categories: Breaking News

Nissan to shut down Laguna plant

Inquirer Breaking News - 12 hours 13 min ago
MANILA, Philippines --- Japanese carmaker Nissan will close its sole car assembly plant in Laguna in March, marking the latest shutdown in an industry that has been finding fewer reasons to make cars in the Philippines when it is cheaper to make them elsewhere. Nissan Philippines Inc. (NPI) wrote to the Department of Trade and Industry (DTI) on Wednesday, informing Trade Secretary Ramon Lopez about its decision to shutter its assembly plant in the City of Santa Rosa. A copy of the letter from NPI president Atsushi Najima was seen by the Inquirer. The company made the decision after the expiration of its contract with its Filipino vehicle assembly partner Univation Motor Philippi...

Keep on reading: Nissan to shut down Laguna plant
Categories: Breaking News

WHO plans slew of COVID-19 vaccine approvals for global rollout

Inquirer Breaking News - 12 hours 15 min ago
BRUSSELS --- The World Health Organization (WHO) plans to approve several COVID-19 vaccines from Western and Chinese manufacturers in coming weeks and months, a document published on Wednesday shows, as it aims for rapid rollouts in poorer countries. COVAX, a global procurement pool co-led by the WHO, wants to deliver at least 2 billion COVID-19 doses across the world this year, with at least 1.3 billion going to poorer countries. But it has so far struggled to secure enough shots due to a shortage of funds, while wealthy nations have booked large volumes of vaccines for themselves. In the race to deploy shots, regulatory approvals are key to confirming the effectiveness and saf...

Keep on reading: WHO plans slew of COVID-19 vaccine approvals for global rollout
Categories: Breaking News

India PM’s state junks ‘Chinese fruit’ name

Inquirer Breaking News - 12 hours 17 min ago
AHMEDABAD, India --- The government in Indian Prime Minister Narendra Modi's home state of Gujarat has decided to change the name of the dragon fruit as it feels the original name is associated with China, drawing derision from the country's opposition on Wednesday. India and China are currently locked in a military standoff along their contested Himalayan border, with New Delhi responding to the deaths of 20 of its troops in June by banning Chinese-made apps and curbing imports. "The Gujarat government has decided ... the word dragon fruit is not appropriate, and is associated with China. The fruit's shape is like a lotus, and hence we have given it a new Sanskrit name, kamalam. T...

Keep on reading: India PM’s state junks ‘Chinese fruit’ name
Categories: Breaking News

After VP feat, Harris likely to get another shot at history-making

Inquirer Breaking News - 12 hours 19 min ago
  WASHINGTON --- Kamala Harris smashed through one of America's highest glass ceilings Wednesday, becoming the first woman, first Black American and first person of Asian heritage to be appointed vice president, blazing a trail in the most diverse White House ever. As running mate to now-President Joe Biden, she helped bring Donald Trump's turbulent rule to an end, assailing him for his chaotic bungling of the Covid-19 pandemic, last year's unrest over racial injustices and his crackdown on immigration. Harris, 56, enters the post having already forged a unique path, as California's first Black attorney general and the first woman of South Asian heritage elected to the ...

Keep on reading: After VP feat, Harris likely to get another shot at history-making
Categories: Breaking News

Economic contraction seen slowing to 6%

Inquirer Breaking News - 12 hours 23 min ago
The gradual easing of COVID-19 quarantine measures likely narrowed gross domestic product (GDP) contraction in the fourth quarter of last year to single-digit, but this would not stop the Philippine economy from sliding to its worst post-war recession in 2020, according to global economic research firms. In a Jan. 20 report, Morgan Stanley Research projected a 6-percent year-on-year decline in fourth-quarter GDP, a slower drop than the average of 10 percent recorded in the first nine months of last year. Morgan Stanley's forecast would bring end-2020 GDP contraction to a record 8.8 percent. The government will report on the fourth-quarter and full-year GDP performance on Jan. 28. ...

Keep on reading: Economic contraction seen slowing to 6%
Categories: Breaking News

Biden swiftly starts undoing Trump policies

Inquirer Breaking News - 12 hours 23 min ago
  WASHINGTON --- US President Joe Biden signed half a dozen executive orders on Wednesday to reverse several hard-line immigration policies put in place by former President Donald Trump, although migration experts warn that it will take months or longer to unravel many of the restrictions imposed in the past four years. In a sharp departure from his Republican predecessor, Biden, a Democrat, just hours after being sworn in, also sent an immigration bill to Congress that proposes opening a path to citizenship for millions of immigrants living in the United States unlawfully. After he was sworn in as the 46th president of the United States, he offered a message of unity a...

Keep on reading: Biden swiftly starts undoing Trump policies
Categories: Breaking News

House approves waiver for Biden's defense secretary pick

CNN Top Stories - 12 hours 24 min ago
The House on Thursday approved a waiver to permit retired Gen. Lloyd Austin to serve as secretary of defense in the Biden administration.
Categories: Breaking News

Vatican bank's former chief found guilty of money laundering

CNN Top Stories - 12 hours 25 min ago
The former head of the Vatican bank, Angelo Caloia, has been sentenced to nearly nine years in prison for money laundering and aggravated embezzlement.
Categories: Breaking News

Emerging evidence suggests new coronavirus variant could be problematic for vaccines

CNN Top Stories - 12 hours 30 min ago
As researchers around the world race to see if new coronavirus variants will pose a problem for the vaccines, a second study in two days says a variant from South Africa could possibly do just that.
Categories: Breaking News

SSS chief: Fund facing P14.9-B deficit amid halt in contribution hike

Inquirer Breaking News - 12 hours 31 min ago
Stopping the mandatory hike in private workers' monthly contributions to the Social Security System (SSS) this year would result in P41.37 billion in foregone collections and could place the state-run pension fund's bottom line in the red, its top official said on Thursday. During a hearing conducted by the House committee on government enterprises and privatization to tackle the pending measures aimed at halting the contribution rate hike to 13 percent, SSS president and chief executive Aurora Ignacio warned, "the provisions of the bills tend to weaken, rather than strengthen the SSS, especially in these difficult times." Having delayed the collection of contribution payments from...

Keep on reading: SSS chief: Fund facing P14.9-B deficit amid halt in contribution hike
Categories: Breaking News

PH loan rates expected to remain low amid muted inflation outlook

Inquirer Breaking News - 12 hours 32 min ago
Local borrowing rates will remain low for the foreseeable future in an effort to boost economic growth after being savaged by the coronavirus pandemic last year, according to the central bank. In an online press briefing, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco Dakila Jr. said last year's aggressive moves by the regulator to pump trillions of cash into the financial system had also met with some success as there were now emerging "encouraging signs of recovery." "The BSP is of the view that prevailing monetary policy settings remain accommodative to help quicken the economy's transition toward a sustainable recovery," he said referring to the country's record lo...

Keep on reading: PH loan rates expected to remain low amid muted inflation outlook
Categories: Breaking News

Gilas pool eager to have Sotto in bubble

Inquirer Breaking News - 12 hours 33 min ago
  The national pool is eager to have Kai Sotto in the training bubble, something that is getting closer to reality after the 7-foot-3 teenager announced on social media that he is excited to have "an opportunity to play" for Gilas Pilipinas in the third window of the 2021 Fiba Asia Cup qualifiers. "We're excited to see how much he has already improved and what he can bring to the system," Jong Uichico, one of the national coaches handling the training of the Gilas pool in Laguna province, said on Thursday. Sotto posted a video entry on Instagram on Thursday morning saying: "I'm heading home soon. I'm excited that I have been given an opportunity to play for Gilas for th...

Keep on reading: Gilas pool eager to have Sotto in bubble
Categories: Breaking News

Waiting for inspiration, PSEi still feeling blah on fifth day

Inquirer Breaking News - 12 hours 37 min ago
The local stock barometer dipped for the fifth straight session on Thursday as foreign investors continued to dump local equities. The Philippine Stock Exchange index (PSEi) lost 3.01 points or 0.04 percent to close at 7,140.29. "The PSEi ended flat as there was very little action in blue chips. There was increased selling pressure at the open, which lasted throughout the session. Last minute buying allowed it to recover some of its losses to end flat," said Christopher Mangun, head of research at AAA Equities. "The trend remains the same for the PSEi as sentiment remains cautious. This trend will continue until investors see clearer signs that the economy continues to recover,"...

Keep on reading: Waiting for inspiration, PSEi still feeling blah on fifth day
Categories: Breaking News

Fact check: Is it constitutional for Trump to be tried in the Senate after leaving office?

CNN Top Stories - 12 hours 39 min ago
Questions have arisen over the constitutionality of former President Donald Trump's impending trial in the Senate. Trump is the first president to be impeached twice and would be the first ex-president to have his impeachment tried in the Senate while out of office.
Categories: Breaking News

ABS-CBN makes bigger free TV comeback via TV5 partnership

Inquirer Breaking News - 12 hours 41 min ago
Media giant ABS-CBN Corp. announced a partnership with rival TV5 that would allow more of its popular content to air on free television across the Philippines. ABS-CBN said on Thursday its programs "ASAP Natin 'To" and "FPJ: Da King" would air on TV5 starting Jan. 24 this year. This also includes TV5's affiliate Cignal TV, a satellite TV company. This was possible through a blocktime or airtime leasing deal with TV5, which was once the country's third-biggest TV network before President Duterte's allies in the House of Representatives ended ABS-CBN's bid for a new franchise last year. TV5 and Cignal are part of the media of arm of telecommunications giant PLDT Inc., which is led...

Keep on reading: ABS-CBN makes bigger free TV comeback via TV5 partnership
Categories: Breaking News

Ivanka Trump and Jared Kushner move out of DC and lease luxury condo in Miami

CNN Top Stories - 12 hours 43 min ago
Ivanka Trump and Jared Kushner have moved out of their Washington, DC, home, and have signed a one-year lease on a luxury condo in Miami at the Arte, an expensive oceanfront residential building, a source familiar with the couple's move confirmed to CNN.
Categories: Breaking News

Austria tells Sariaya youth: Don’t give up on sporting dreams

Inquirer Breaking News - 12 hours 43 min ago
  San Miguel Beer champion coach Leo Austria urged the youth in his hometown Sariaya, Quezon province, to continue chasing their sporting dreams amid the COVID-19 pandemic. Austria, who steered the Beermen to five straight all-Filipino championships before yielding the throne last season, said facilities put up by San Miguel Corp. (SMC) will provide young athletes a platform to showcase their skills as they aim for athletic excellence. "I came from here, too, and made it all the way to the PBA (Philippine Basketball Association)," Austria said in Filipino as he joined PBA legend and four-time most valuable player (MVP) Alvin Patrimonio and local officials during the rec...

Keep on reading: Austria tells Sariaya youth: Don’t give up on sporting dreams
Categories: Breaking News

‘No power disconnection’ policy extension pushed

Inquirer Breaking News - 12 hours 43 min ago
Low-income households have to be spared from possible disconnection of electricity services due to unpaid bills for as long as quarantine restrictions continue to take a toll on people's livelihood, according to Sen. Sherwin Gatchalian. For this reason, the lawmaker called on the Energy Regulatory Commission to again extend the "no disconnection" policy for such households, at least until the end of general community quarantine. For distribution giant Manila Electric Co., the policy that benefits at least three million customers that are billed for no more than 200 kilowatt-hours (KWH) a month had been extended by one month from Dec. 31, 2020 to Jan. 31. "Except for a few, who are ...

Keep on reading: ‘No power disconnection’ policy extension pushed
Categories: Breaking News

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