Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Jr. announced that outstanding Philippine external debt approved/registered by the BSP stood at US$62.4 billion as of end-September 2011, reflecting an increase of US$1.0 billion (1.6 percent) from the US$61.4 billion level as of end-June 2011. While loan transactions for the quarter resulted in net outflows [...] [...more]
Posting verbatim; Update 5 on effects of TY Chedeng (Songda) as in PAOR area. Heavy rain has already caused damage and floods as this wide storm moves slowly towards Luzon Island. At 4:00 am today, The eye of typhoon “CHEDENG” was estimated based on radar, satellite and surface data at 270 km east Northeast of [...] [...more]
A US Navy super carrier, like the USS Carl Vinson, is a floating piece of sovereign US territory, that can go almost anywhere. The third US Nimitz class carrier built, it was commissioned in 1980, and, named for a Georgia congressman who is known as the congressional father of America’s two ocean navy. The Carl Vinson, has enough firepower [...] [...more]
PEARL HARBOR: The US Navy will take part in efforts to monitor environmental impact from the Japanese Nuclear crisis. The Navy’s 7th fleet assets are helping to gather data – through water, soil, and, air. To see the extent of any contamination from Japan’s Fukushima nuclear reactor across its bases, aircraft, and, ships [...] [...more]
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