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PostPosted: Wed Sep 19, 2018 4:56 pm 
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Duterte’s fearless forecast: Reds ‘will be over’ by 2019
By: Nestor Corrales - Reporter / @NCorralesINQ
INQUIRER.net / 08:21 PM September 18, 2018

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President Rodrigo Duterte. PRESIDENTIAL PHOTO

The communist rebels “will be over” by next year, President Rodrigo Duterte said on Tuesday, as he claimed that more rebels were now surrendering to the government.

“I think, if God will have mercy, the CPP (Communist Party of the Philippines) will be over by second quarter of next year,” Duterte told soldiers at Camp Melchor F. Dela Cruz in Gamu, Isabela. The Chief Executive was in Isabela for a post-disaster meeting after typhoon “Ompong” (international name: Mangkhut) battered the province.

Mr. Duterte in November last year terminated peace talks with the communists after the CPP and its armed wing, the New People’s Army (NPA), allegedly failed to reciprocate peace overtures from the President.

Read more: https://newsinfo.inquirer.net/1033877/d ... z5RXJ9ZdI4
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...in three to six months.


:lol:

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PostPosted: Wed Sep 19, 2018 6:01 pm 
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don robert wrote:
Quote:
Duterte’s fearless forecast: Reds ‘will be over’ by 2019
By: Nestor Corrales - Reporter / @NCorralesINQ
INQUIRER.net / 08:21 PM September 18, 2018

Image
President Rodrigo Duterte. PRESIDENTIAL PHOTO

The communist rebels “will be over” by next year, President Rodrigo Duterte said on Tuesday, as he claimed that more rebels were now surrendering to the government.

I think, if God will have mercy,[/size] the CPP (Communist Party of the Philippines) will be over by second quarter of next year,” Duterte told soldiers at Camp Melchor F. Dela Cruz in Gamu, Isabela. The Chief Executive was in Isabela for a post-disaster meeting after typhoon “Ompong” (international name: Mangkhut) battered the province.
Mr. Duterte in November last year terminated peace talks with the communists after the CPP and its armed wing, the New People’s Army (NPA), allegedly failed to reciprocate peace overtures from the President.

Read more: https://newsinfo.inquirer.net/1033877/d ... z5RXJ9ZdI4
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook





...in three to six months.


:lol:


You're right this will be just like the war on drugs, DR. From 3 to 6 months to the Twelfth of Nevermind. :mrgreen:

Which god does he mean, BTW. The Christians's stupid god or his idiotic deity?
Nakalimutan na ba ni Duterte ang turo ni Joma Sison? Di naman lahat ng NPA ay komunista.
Mas marami ng di hamak ay nasa eskwelahan at mga unibersidad, pati sa gobyerno.
Paano niya mauubos yan? :shock: :shock:

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PostPosted: Wed Sep 19, 2018 6:07 pm 
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^^ "stupid god" daw, tapos nung bagyo, juice ko lord tulungan mo po kami. :banghead:

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PostPosted: Wed Sep 19, 2018 6:10 pm 
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Quote:
‘Ompong’ to push inflation higher in September — ING Bank
Ian Nicolas Cigaral (philstar.com) - September 18, 2018 - 4:53pm

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MANILA, Philippines — Philippine inflation, which is now higher than most emerging economies in Asia, could jump higher in September after typhoon Ompong flattened vast swathes of farmland over the weekend.

In a commentary released Wednesday, Dutch financial giant ING Groep NV said the threat of "Ompong" to food supply could add to the country’s inflation woes after the monster typhoon lashed northern Luzon—which produces much of the nation's rice and corn.

Rice is a staple food in the Philippines, accounting for nearly a tenth of the basket of basic goods and commodities a Filipino purchases.

Latest government data show retail prices for regular-milled rice have hit P45.71, 20.26 percent higher than the same period last year. This reading does not include the projected crop damage caused by "Ompong."

“Given this backdrop, we may continue to see accelerated price pressures on the overall September inflation print, with food and energy prices possibly lifting inflation past 6.5 percent growth,” ING Bank Senior Economist Nicholas Mapa said.

“The market expects inflation to peak in the third quarter and although the September reading may remain elevated, we continue to believe that the path of inflation will eventually move towards target going into 2019,” Mapa added.

Inflation jumped to 6.4 percent in August, the highest level in almost a decade, as oil and rice prices picked up. Higher excise taxes slapped on other goods also pushed up inflation.

The Bangko Sentral ng Pilipinas has raised its policy rates by a cumulative 100 basis points from May to August in a bid to fight inflation. The central bank also vowed to undertake “strong monetary action” in the upcoming rate-setting meeting on September 27.

Based on latest data released by the country’s disaster-monitoring agency, the powerful Ompong’s damage to agriculture was pegged at P14.34 billion. In rice alone, the typhoon destroyed P8.97 billion worth of the crop.

Meanwhile, "Ompong" affected about 171,932 farmers in the Cordillera Administrative Region. For 2019, the Department of Budget and Management has allocated P3.4 billion to a loan program for farmers.

BSP Deputy Governor Diwa Guinigundo on Tuesday said the central bank continues to expect inflation to peak in the third quarter of the year and gradually ease from there, despite the damage caused by typhoon Ompong to agriculture and expected rise in consumer demand in the Christmas shopping season.

Guinigundo also signalled a fourth rate hike in policy rates this year in a bid to fight inflation and lend some strength to the weakening peso, which has depreciated by almost 8 percent against the dollar since the start of the year.

“Although the protracted inflation overshoot may be tied in large part to bad weather and rising oil prices, monetary authorities will look to anchor inflation expectations and remain vigilant against a possible de-anchoring,” ING Bank’s Mapa said.

“Thus, the BSP will need to maintain their current hawkish stance and continue to assure markets that they remain committed to bringing inflation back to target over the medium-term,” he added.

Read more at https://www.philstar.com/business/2018/ ... K6G0CY8.99





ang inflation ng Pinas, "highest" in Asia na daw. tuwang tuwa naman ibang DDS, accomplishment daw ni Duterte yan, kasi no. 1 in Asia.

sa inflation? :banghead:


nung eleksyun, sabi mas importante i-resolve ang problema sa droga at krimen, kesa sa ekonomiya. kaya si bastos na Duterte ang nanalo.

ngayon, BILLION na droga napupuslit at tahimik si Duterte, talamak ang krimen, tapos bagsak pa ekonomiya!


:banghead:

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PostPosted: Wed Sep 19, 2018 6:19 pm 
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Duterte's nostalgia economics will end badly for Philippines
Manila needs a reformer, not an old-school strongman

William Pesek
September 17, 2018 07:00 JST

Nostalgia has its place, but not as economic doctrine. This is a lesson lost on Donald Trump, who is hellbent on dragging America back to the 1980s, a supposedly Golden Age for the U.S. economy.

An unhealthy fondness for the past is also showing up in Asia and nowhere more than in the Philippines. President Rodrigo Duterte's bloody war on drugs, martial law threats, and paranoia about coups echo the bad old 1980s days of then-president Ferdinand Marcos. Duterte is even determined to install Marcos' son Ferdinand Jr. as vice president.

Bruising for Philippine democracy, Duterte's 26 months in office have been even more brutal for the economy. The peso's 8.4% plunge this year tells the story.


To be sure, Manila has plenty of company, with the Indonesian rupiah and India rupee registering big losses. The difference is where the Philippines stood when Duterte arrived in the presidential palace on June 30, 2016. Even self-described reformers Joko Widodo of Indonesia and Narendra Modi of India have never achieved transformation on the scale brought about by Duterte's predecessor.

Benigno Aquino took office in 2010 with his own bag of nostalgia. His father was assassinated in 1983 as he arrived in Manila aiming to challenge then-president Marcos at the polls. Marcos grabbed power in 1965 with the Philippines tipped to be the Japan of Southeast Asia. Over the next 21 years, he turned a resource-rich, English-proficient nation into a kleptocratic wreck.

In 2010, the idea that the son of a man who died fighting the Marcos machine would right the economy smacked of poetic justice. Over six years, Aquino attacked graft, increased transparency and strengthened Manila's balance sheet. He took on the powerful Catholic Church, imposing population control to curb poverty. Aquino's government held predecessor Gloria Arroyo accountable for election fraud (she was arrested in 2011).

When Aquino left office, he bequeathed Duterte an investment-grade economy on the ascendancy. The mandate was to accelerate the renaissance. Instead, Duterte switched to waging war against the drug trade, drawing rebukes from human rights groups. Lost in all the gunfire is progress strengthening human capital, boosting productivity and championing sustainable infrastructure.

Even his perceived successes are troubling. Duterte came to prominence after 22 years ruling the southern city of Davao. There, he generated growth above the national average by cutting red tape. In Manila, Duterte fast-tracked road, bridge and port projects, bypassing checks and balances and environmental reviews. The result, though, may be increased corruption and higher public debt.

The costs of Duterte's distraction are rising. Inflation, for example, jumped to 6.4% in August, far exceeding the rest of Asia. The media is filled with stories about hours-long queues for government-subsidized rice, families skipping meals and social media is showing a backlash against the government.

The weak peso is exacerbating the risk of inflation. Consumer confidence is contracting for the first time in more than two years. It is an ominous sign in a nation where 70% of gross domestic product relies on private consumption. The central bank has increased interest rates 100 basis points since May, signaling more rises to come.

To regain political momentum, Duterte is turning to the failed leaders of yesterday. He has courted the support of the Marcos clan, including Ferdinand's widow Imelda, notorious for the collection of 1,001 pairs of shoes she accumulated during her husband's time as president. Imelda is a congresswoman in Ilocos Norte province, where her daughter Imee is governor. Ferdinand Marcos Jr., known as "Bongbong," is a former senator angling for a return to power.

Duterte is cozying up to Arroyo, who in July grabbed, implausibly, the speakership of the House of Representatives. Arroyo has since become Duterte's informal consigliere on economic affairs.

That might sound fine on paper. Arroyo is a Western-trained economist and a schoolmate of former U.S. President Bill Clinton. She also has sat in Duterte's chair as president. That would be fine, were it not for her post-presidency arrest and detention on charges of electoral fraud and misuse of state lottery funds. Her acquittal in July 2016 by the Supreme Court in a majority verdict weeks after Duterte took power prompted many questions.

The peso's troubles bear her fingerprints. It was during her 2001-2010 presidency that the main Philippine export became people. The remittances they send home - more than 10% of GDP - boost consumption. But sending so many of the best and brightest citizens abroad creates a brain drain that weakens the labor pool. Because the Philippines has not become a major goods exporter, it runs a chronic current account deficit that undermines the currency.

This ghosts-of-indictments-past cycle is hardly serving 103 million Filipinos well. Take Arroyo's predecessor, Joseph Estrada, who was arrested for stealing millions from the government. After being pardoned by Arroyo, Estrada became mayor of Manila in 2013, a job he still holds.

But Duterte's nostalgia economics is imperiling the future at the worst possible moment. China's rise is an unprecedented threat to complacent economies. And U.S. President Donald Trump's trade war has investors again labeling the Philippines a weak link in the Asian supply chain.

While growth is 6%, the rate marks a three-year low. The peso is the weakest since 2005 during Arroyo's tenure. The way to higher living standards and more efficient governance is forward, not back to the strongman days of the 1980s. Duterte needs to get the government out of the private sector, reduce graft and incentivize innovation, not tighten the leash. Manila needs a reformer, not another strongman, if it is to persuade Standard & Poor's, Moody's and Fitch to keep Manila's investment-grade status.

Duterte's talk of shadowy plots to unseat him sounds Trumpian. So does his chipping away at the judiciary, legislature, media - any institution that might check him. He reportedly wants to imprison his chief opposition critic, ex-soldier Senator Antonio Trillanes.

All this speaks to the array of self-inflicted wounds preventing Manila from raising its game. Duterte's garish drug war risks hurting the economy by repelling foreign investment. So does welcoming back into power family dynasties that wounded the nation in the past.

Sadly, the case study coming out of the Philippines is how to go from emerging-market hero back to cautionary tale in just 809 days. If investors should be nostalgic about anything it is the pre-Duterte days when the Philippines was going places.


William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades." He won the 2018 prize for excellence in opinion writing from the Society of Publishers in Asia for his work for the Nikkei Asian Review.

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"Marcos, Hitler, Diktador, TUTA. Patalsikin ang bangkay ni Marcos sa LNMB". PATALSIKIN!!!
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PostPosted: Wed Sep 19, 2018 6:55 pm 
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oy! mga ka dds may bagong kaaway na naman palang "BABAE" ang tatay digong natin.


kay aling heide mendoza naman ngayon nakikipag tarayan.



:lol: :lol:

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PostPosted: Wed Sep 19, 2018 8:22 pm 
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edap wrote:
oy! mga ka dds may bagong kaaway na naman palang "BABAE" ang tatay digong natin.


kay aling heide mendoza naman ngayon nakikipag tarayan.



:lol: :lol:


Itulak ba naman daw sa hagdan ang taga COA sabay palakpak at sambit ng Yes, Yes ni Imee Marcos eh sino ang di magtataray. :chainsaw:

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I defend PAC on OSDT and Catchweight Issues; Not his Traditional Politics and Religious Exploits.

"Marcos, Hitler, Diktador, TUTA. Patalsikin ang bangkay ni Marcos sa LNMB". PATALSIKIN!!!
____


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PostPosted: Thu Sep 20, 2018 7:48 am 
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Sakay na! :whistle:




:lol: :lol: :lol:

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PostPosted: Thu Sep 20, 2018 8:02 am 
Tito 'Nano wrote:
oy! mga ka dds may bagong kaaway na naman palang "BABAE" ang tatay digong natin.


kay aling heide mendoza naman ngayon nakikipag tarayan.



:lol: :lol:

yan na ba ang tinatawag mong opinyon Tito 'Nano, ang unanong ngalbu?.....na "BABAE" si Heidi Mendoza? hihihihih :lol:

Go DDS!

Duwendeng Dyutay Shorty!


Image


huklubang poser wrote:
Itulak ba naman daw sa hagdan ang taga COA sabay palakpak at sambit ng Yes, Yes ni Imee Marcos eh sino ang di magtataray. :chainsaw:


nagkalimutan na talaga sa idol nung huklubang poser tsk :shock:



hello again, Conrad :lol:

Image

:celebrate:

:bounce1:


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PostPosted: Thu Sep 20, 2018 8:06 am 
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nakasakay na...



:biglaugh: :biglaugh:

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PostPosted: Thu Sep 20, 2018 8:07 am 
IceColdBeer wrote:
Sakay na! :whistle:




:lol: :lol: :lol:

wala pa din opinyon brad hihihihih



kawawang ngalbu talaga wahahahahaha :bounce1:


:celebrate:


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PostPosted: Thu Sep 20, 2018 8:09 am 
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sakay pa.


:lol: :lol:

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PostPosted: Thu Sep 20, 2018 8:11 am 
hihihihih kinausap ang sarili nung walang opinyon

kawawa na talaga


:lol: :lol: :lol:


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PostPosted: Thu Sep 20, 2018 8:18 am 
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tatay digong ipa research mo nga kay calida iyong application ni ma'am heid sa pagkuha niya noon ng board exam.




:lol: :lol:

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PostPosted: Thu Sep 20, 2018 8:27 am 
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Si Heidi, yan ba yung nagcompute ng hidden wealth ni Corona na ginamit ding formula ni kanin sa pagcompute ng hidden wealth ni digong? Siya din ba dahilan nakalabas si Gen. Garcia? Ngaun naman kumikita ng $1M per year sa Yu-En. Galing talaga ni panot. :biglaugh:

Tanong po yan.


:lol: :lol: :lol:

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