Monday, April 14, 2008
20080414_Live @ 55
April did 755
855 Filinvest. We build the Filipino dream.
Those of you who gas-ed up over the weekend may have noticed how petrol is more expensive by 50 cents. Fuel breached the P50 per liter mark with premium unleaded gasoline at P49.15. Fuel price hikes took effect at 12:01 AM, Saturday---increases were by Pilipinas Shell, Eastern Petroleum, Flying V, Unioil Petroleum, Petron, and Chevron Philippines. Diesel is up too---priced between P37.41 and P41.50 a liter and kerosene to between P41.80 and P47.30 a liter. International crude hit an all-time high of 102.18 a barrel on April 10, so the increase in petrol prices is no big surprise.
World Bank raised a food alarm as food prices go up in countries like our own, in Haiti,Ivory Coasty, Ethiopia, even in Egypt. World Bank officials roughly estimate that "a doubling of food prices over the last three years could potentially push 100 million people in low-income countries deeper into poverty." We're among the countries hit hard because our usual suppliers imposed restrictions. The World Bank is urging richer nations to provide aid and food to needy people in poor countries as well as help the farmers with seeds for the new planting season. The IMF for its part, forecast mass starvation and other dire consequences if food prices continue to rise sharply.
DJ went ahead with her editorial anyway, contrary to the straight-news format agreed on (and stressed on by CEO) at the on-air meetings. I made as little comment as possible.
1055 All Batteries. More batteries, more power.
The price of palay has gone up and so should the prices of NFA rice but only within the one peso range. This was a move to reduce losses and help farmers boost their income. The increase in prices of NFA rice may be implemented in the coming months despite strong objections by lawmakers. Just so you know, Cebuano farmers earn about P11 per day for a four-month period of farming because of the high cost in the production of palay. Farmers also only have a hectare of rice field to plant on due to lack of space (rice fields have been turne dinto subdivisions and golf courses) then there's the P1,200 they have to pay for privately-owned irrigation system for the irrigation of their rice field. To that end, Provincial Board Member Victor Maambong said Cebuanos should explore other staples like camote---which we have a lot of. Board Member Maambong is encouraging its production and consumption. Other abundant staples are cassava, bananas, and potatoes.
In tech news, European politicians shot down calls to throw suspected file-sharers off the Internet. The vote holds no legal force for now and is seen as strongly supportive of civil liberties and human rights for unrestricted online information. It also leaves national governments free to implement their own anti-piracy plans. An example is France which in November 2007 announced its "intention to implement a law that turns net firms into anti-piracy watchdogs. Information gathered about individuals who persistently share music and movies online will be passed to a government unit that will issue warnings or ask for an individual's net access to be suspended or shut off. The British government has floated similar plans but net firms have rejected calls for them to act as watchdogs. [BBC]"
855 Filinvest. We build the Filipino dream.
Those of you who gas-ed up over the weekend may have noticed how petrol is more expensive by 50 cents. Fuel breached the P50 per liter mark with premium unleaded gasoline at P49.15. Fuel price hikes took effect at 12:01 AM, Saturday---increases were by Pilipinas Shell, Eastern Petroleum, Flying V, Unioil Petroleum, Petron, and Chevron Philippines. Diesel is up too---priced between P37.41 and P41.50 a liter and kerosene to between P41.80 and P47.30 a liter. International crude hit an all-time high of 102.18 a barrel on April 10, so the increase in petrol prices is no big surprise.
World Bank raised a food alarm as food prices go up in countries like our own, in Haiti,Ivory Coasty, Ethiopia, even in Egypt. World Bank officials roughly estimate that "a doubling of food prices over the last three years could potentially push 100 million people in low-income countries deeper into poverty." We're among the countries hit hard because our usual suppliers imposed restrictions. The World Bank is urging richer nations to provide aid and food to needy people in poor countries as well as help the farmers with seeds for the new planting season. The IMF for its part, forecast mass starvation and other dire consequences if food prices continue to rise sharply.
DJ went ahead with her editorial anyway, contrary to the straight-news format agreed on (and stressed on by CEO) at the on-air meetings. I made as little comment as possible.
1055 All Batteries. More batteries, more power.
The price of palay has gone up and so should the prices of NFA rice but only within the one peso range. This was a move to reduce losses and help farmers boost their income. The increase in prices of NFA rice may be implemented in the coming months despite strong objections by lawmakers. Just so you know, Cebuano farmers earn about P11 per day for a four-month period of farming because of the high cost in the production of palay. Farmers also only have a hectare of rice field to plant on due to lack of space (rice fields have been turne dinto subdivisions and golf courses) then there's the P1,200 they have to pay for privately-owned irrigation system for the irrigation of their rice field. To that end, Provincial Board Member Victor Maambong said Cebuanos should explore other staples like camote---which we have a lot of. Board Member Maambong is encouraging its production and consumption. Other abundant staples are cassava, bananas, and potatoes.
In tech news, European politicians shot down calls to throw suspected file-sharers off the Internet. The vote holds no legal force for now and is seen as strongly supportive of civil liberties and human rights for unrestricted online information. It also leaves national governments free to implement their own anti-piracy plans. An example is France which in November 2007 announced its "intention to implement a law that turns net firms into anti-piracy watchdogs. Information gathered about individuals who persistently share music and movies online will be passed to a government unit that will issue warnings or ask for an individual's net access to be suspended or shut off. The British government has floated similar plans but net firms have rejected calls for them to act as watchdogs. [BBC]"
// posted by Unknown @ 8:28:00 AM 
