News Flash

August 04, 2015, Tuesday
  • CA tells Sen. Trillanes to explain his allegation that 2 CA justices got P 25M each in bribes to stop Makati Mayor Binay’s suspension. 14 minutes ago |
  • DMCI tells Supreme Court that Torre de Manila is outside the boundary of Rizal Park. 15 minutes ago |
  • DMCI tells Supreme Court that it followed all ordinances, rules & guidelines in building Torre de Manila. 21 minutes ago |
  • Comelec Commissioner Christian Lim says the poll body can adjust its calendar of activities & extend campaign period when there is election. 24 minutes ago |
  • LTFRB sues 2 fixers who had long been loitering in the agency’s vicinity & offering fake franchise to applicants. 28 minutes ago |
  • Sen. Chiz Escudero says Comelec should castigate candidates abusing election rules instead of extending the campaign period. 32 minutes ago |
  • Sen. Jinggoy Estrada has been experiencing light-headedness and acid reflux. 32 minutes ago |
  • Sen. Jinggoy Estrada will undergo medical check up at Cardinal Santos Medical Center from 6 pm Tuesday until Thursday. 37 minutes ago |
  • Sandiganbayan grants Sen. Jinggoy Estrada’s request for a medical check up at Cardinal Santos Medical Center in San Juan City. about 1 hour ago |
  • PAGASA says frequent heavy rains in the afternoon in Metro Manila are just due to thunderstorms. about 1 hour ago |
  • PAGASA says there is no weather disturbance currently affecting Metro Manila. about 1 hour ago |
  • Typhoon ‘Soudelor’ is forecast to move west northwest at 20 kph. about 1 hour ago |
  • Typhoon ‘Soudelor’ was located 1,770 kilometers east of Luzon at 2 pm on Tuesday. about 1 hour ago |
  • Typhoon ‘Soudelor’ outside PAR has gustiness of up to 245 kph. about 1 hour ago |
  • Typhoon ‘Soudelor’ outside PAR carries maximum sustained winds of up to 215 kph near the center. about 1 hour ago |
  • Signal Number 3 may be raised over Cagayan when Typhoon ‘Soudelor’ enters PAR on Wednesday morning. about 1 hour ago |
  • Batanes may experience Signal Number 4 when Typhoon ‘Soudelor’ (with local name ‘Hanna’) enters PAR on Wednesday morning. about 1 hour ago |
  • Batangas Gov. Vilma Santos & Camsur Rep. Leni Robredo attend Liberal Party meeting in San Juan today with Mar Roxas. about 1 hour ago |
  • Batangas Gov. Vilma Santos & Camsur Rep. Leni Robredo say no one has asked them to run as Roxas’ vice pres’l bet. about 1 hour ago |
  • Batangas Gov. Vilma Santos says she may run for Congress but she has not made up her mind. about 1 hour ago |
  • Batangas Gov. Vilma Santos says she is not eyeing the vice presidency. about 1 hour ago |
  • Camsur Rep. Leni Robredo says she hopes Sen. Grace Poe will agree to become Roxas’ runningmate. about 1 hour ago |
  • Camsur Rep. Leni Robredo says if ever she will seek a higher post, it may be the senate. about 1 hour ago |
  • Camsur Rep. Leni Robredo says she has no plans of running for vice president. about 1 hour ago |
  • Pampanga to experience power interruptions on Thursday. 6 hours ago |
  • Sen. Jinggoy Estrada says Binay’s ‘True State of the Nation’ or ‘TSONA’ reflects the real performance of the Aquino gov’t. 6 hours ago |
  • De Lima says DOJ has no evidence that will pin down House members to the alleged BBL payoff. 6 hours ago |
  • House Sgt. At Arms Radovan says their CCTVs store only 5 days worth of videos before these are automatically erased by the system. 6 hours ago |
  • House Sgt. At Arms Nicasio Radovan says CCTVs in Batasan Complex have no recording of alleged BBL payoff last May 25, 26 & 27. 6 hours ago |
  • Sen. Alan Peter Cayetano says Binay should release his ‘true SALN’ instead of delivering a counter-SONA. 6 hours ago |
  • DOTC Sec. Abaya hits back at Binay & says the VP does not understand the root cause of the MRT problem. 6 hours ago |
  • Comelec says the planned extension of campaign period will prevent candidates from abusing the election rules. 23 hours ago |
  • Comelec considers the extension of campaign period for local candidates from current 45 days to 120 days. 23 hours ago |
  • Comelec mulls the extension of campaign period from current 90 days to 120 days for national candidates. 23 hours ago |
  • Abad says Sec. Mar Roxas will step down once Pres. Aquino has found his replacement at the DILG. 23 hours ago |
  • Binay says more Filipinos have become poor & are experiencing hunger after 5 years under the Aquino administration. 23 hours ago |
  • Binay enumerated the alleged dismal gov’t response during the tragedies in Luneta, Zamboanga, Mamasapano & Tacloban during ‘Yolanda.’ 23 hours ago |
  • Abad says Binay had clapped his hands for the Aquino administration when he was part of it for the last 4 years. 23 hours ago |
  • Binay says MRT, BBL and DAP symbolize the huge failures of the Aquino administration. 23 hours ago |
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Spain’s two-year recession ending

By AFP | Sep. 28, 2013 at 12:00am
MADRID—Spain’s job-crushing, two-year recession appears to be drawing to a close, the country’s central bank said Thursday, predicting an end to the downturn in the third quarter of 2013.

The country’s rapid economic descent, which sent the jobless rate soaring to 26.26 percent, has been easing up since the start of the year, the Bank of Spain said in a monthly report.

“Available data, still partial and incomplete, would be coherent with a stabilization or even a slight increase in output in the July-September period,” it said.

The rate of deterioration in various sectors of the Spanish economy had slowed, the central bank said, pointing to rising confidence among households and retailers, and a return to expansion in manufacturing.

Employment was still falling but at a slower pace, it said.

The report was the latest sign of greater official optimism about Spain’s economy, the fourth-largest in the eurozone, which last year averted a widely anticipated full-blown economic bailout.

Prime Minister Mariano Rajoy this week said the government planned to raise its economic growth forecast for next year to 0.7 percent from 0.5 percent when it releases its budget for 2014 on Friday.

Rajoy told the Wall Street Journal that he expected the economy to grow by between 0.1 and 0.2 percent in the third quarter of 2013.

“Spain is out of recession but not out of the crisis,” the newspaper quoted him as saying. “The task now is to achieve a vigorous recovery that allows us to create jobs.”

Analysts at New York-based global credit rating and research group Moody’s agreed that Spain is emerging from the recession.

“The Spanish economy will begin to grow before the end of this year, led by exports,” said a report by the group’s research arm, Moody’s Analytics.
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