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Tag: Amelia H. C. Ylagan
How can President Rodrigo Duterte announce to his country and his people (and to world investors and creditors) that, “Now. The economy is in the doldrums. Actually -- now.” (Philippine Daily Inquirer [PDI] June 24, 2018) He then rants on his version of economic dynamics: “Interest rates are picking up, are getting high so it destroys the present (economic gains)...you raise your (interest rate), our (peso value) goes down, theoretically...” Mr. Duterte said at a speech at the SMX Center Communications Summit 2018 (Ibid.).
“There is one thing that is common to every individual, relationship, team, family, organization, nation, economy, and civilization throughout the world -- one thing which, if removed, will destroy the most powerful government, the most successful business, the most thriving economy, the most influential leadership, the greatest friendship, the strongest character, the deepest love. On the other hand, if developed and leveraged, that one thing has the potential to create unparalleled success and prosperity in every dimension of life. Yet, it is the least understood, most neglected, and most underestimated possibility of our time. That one thing is trust.” -- Stephen M.R. Covey The Speed of Trust: The One Thing that Changes Everything (2008).
“Where can I place my P100,000 funds?” What are the investment options for a risk-averse widow, in this time of rising inflation? “Since you do not trust equities or corporate bonds, and not even the managed pooled funds, perhaps the only easily withdrawable and guaranteed (insured) placement would be a time deposit in our bank,” the account officer sheepishly offered. “And how much interest will the bank pay me?” The account officer was definitely embarrassed to say, “0.88%, Ma’am, or P704 net of 20% final withholding tax, for 360 days.”
“Kiss muna,” he said, pointing to his puckered lips. “Give me a kiss first” and the many similar sexual innuendoes like it, are a most precise and succinct precondition that a lecherous man in a position of ascendancy and superior power and influence would lay on a woman depending on some outcome beneficial to her, through his beneficence.
There is no clear and commonly used definition, no settled common denominator of “federalism,” according to Dr. Anna Gamper (Associate Professor, University of Innsbruck)....
Kazuo Ishiguro was in his kitchen writing e-mail when the phone rang. The Swedish Academy notified the surprised Ishiguro that he had won the...