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1
Pulong Bisaya / Re: Dunay Ni Balak sa Facebook Makalingaw
« on: July 16, 2019, 10:15:30 PM »

;D ;D ;D

2
The real worry is the “middle-income trap” that could easily ensnare Southeast Asia’s fifth-biggest economy. At roughly $3,100, nominal per capita income in the Philippines is a long way from the $10,000 mark at which many developing nations stall out. Still, little is happening under the hood to raise incomes broadly and sustainably. That is courting a future GDP crisis as a young population goes underemployed.

In Tokyo just over a week ago, Duterte expressed deep concern about the U.S.-China trade war. “There must be a resolution soon,” Duterte said. Yet there also must be a resolution to his government’s GDP blinders.

It’s great that, depending on the news source, Manila expects to woo between $12 billion and $24 billion of mainland investments. Not so great if Dutertenomics doesn’t augment this largess will big reforms at home. Upgrades are needed to make productive use of foreign capital and level playing fields for the Philippines masses to enjoy today’s 5%-plus growth.

At the halfway mark of his presidency, Duterte might want to look less to Beijing and more under the hood of a Philippine economy losing thrust.

https://www.forbes.com/

3

Admittedly, the process of domestic retooling is as tedious as it is fraught, but upwards of 40% of Filipinos live on less than $2 a day.

This sobering statistic underlines the unfinished nature of Aquino’s reform drive—and the tragedy of Duterte pivoting elsewhere. Again, Duterte didn’t invent the “Cult of GDP” that warps Manila’s incentives. But China’s cash infusions are enabling Manila’s penchant for thinking that when gross domestic product is zooming along, its job is done.

That disposition collides with a Trump trade war slamming China. Philippine growth slowed to a four-year low in the first quarter. That 5.6% growth from a year earlier makes for a grim bookend. Granted, few foresaw Trump’s November 2016 election win–or the epic trade battle to come–when Aquino was leaving the palace. At least from a growth standpoint, Duterte is squandering the Aquino boom.

4

Duterte didn’t create a system where people are the nation’s main export. It’s been a growth industry for decades. But Aquino, to his credit, looked for ways to woo back the Filipino diaspora. Duterte is going the other way, even creating an Overseas Filipino Bank to facilitate the process of exporting more talent needed at home. In his travels around the globe, Duterte does Trump-like rallies with overseas laborers, treating them like a key voting block he needs to grow.

The Philippines needs its best and brightest to stay home. As Indonesia generates an impressive stable of tech unicorns and Singapore’s Grab divides and conquers, Duterte’s economy is largely looking on from the sidelines. The divergence is an economic indicator all its own–and a wakeup call for Manila to raise its competitive game.

To date, Duterte has focused more on old-economy growth drivers, not the information-age disruption needed to compete in the “Made in China 2025” era. Unfortunately, China’s largess lets Asian governments off the hook.

5

Better roads, ports, bridges and power grids are plenty important. Poor hardware explains why the Philippines often has one Asia’s highest inflation rates. Chaotic distribution systems and poor storage and refrigeration raise the cost of living. But Duterte isn’t tending enough to the economic software.

philippines_mac_ket_giu_chien_tranh_thuong_mai_my1_urpb - Show Posts - islander
Duterte delivers a speech during the 25th International Conference on The Future Of Asia in Tokyo on May 31, 2019. CHARLY TRIBALLEAU/AFP/GETTY IMAGES

To compete in this rapidly advancing region, Manila most improve education and training. It must slash red tape and smash the myriad levels of rent-seeking middlemen undermining new business formation and job creation. Manila must internationalize investment rules and taxation.

The government must attack its brain-drain problem. An undersupply of good-paying jobs forces more than 10% of the nation’s 105 million people to seek opportunities abroad and send cash back home. This feeds an addiction to remittances, one that reduces the urgency on Manila to raise its game.

6

The second is Duterte’s lack of job creation after three years at the helm. In 2016, Duterte was elected to turn Aquino’s reform success to 11. When Aquino took office in 2010, Transparency International put the Philippines behind Nigeria in its annual corruption perceptions index. By 2016, Aquino improved that 134th ranking to 95th.

Aquino’s efforts to curb graft, boost tax collection and increase public accountability won Manila its first-ever investment-grade ratings. His government was the first in more than a decade to prioritize growing better over growing faster. Aquino’s policies sought to ensure that the fruits of 5% or 6% growth are more widely shared.

Under Duterte, the reformist momentum has slowed, and China helps explain why. Rather than get under the economy’s hood, Duterte subcontracted economic management to Beijing. He bet that a tidal wave of Chinese investment into his “Build, Build, Build” infrastructure push would create jobs and higher incomes. Hardly.

7

Now that bet is going awry. Obama’s successor, Donald Trump, launched an intensifying trade war, putting China’s economy on the ropes. It raises big questions about Duterte putting all his eggs in the proverbial Chinese basket.

Two problems are coming to head. One is how a rapidly decelerating Chinese growth leaves less growth to go around in Asia. China is still growing, but exports are grinding to a halt just as manufacturing activity is cratering. In May, the closely watched Caixin/Markit Manufacturing Purchasing Managers' Index signaled slowing output, falling factory prices and the weakest business confidence since at least April 2012.

China’s reading is now at 50.2, on the verge of falling below 50. That shrinkage is already showing up in proxy economies from Malaysia to South Korea to Taiwan, all of which are below the 50-mark denoting contraction. Vietnam is heading that way and, odds are, Duterte’s economy, too.

8

Duterte Faces GDP Headache As Trump Vs. China Hits Philippines
 
William Pesek
Contributor

eOYb4Tl-large - Show Posts - islander
Philippine President Rodrigo Duterte, left, shakes hands with Chinese President Xi Jinping, right, before their meeting at the Great Hall of People in Beijing, China, on April 25, 2019. KENZABURO FUKUHARA/KYODO NEWS - POOL/GETTY IMAGES

Rodrigo Duterte’s efforts to cozy up to China these last few years isn’t paying the economic dividends the Philippines hoped.

It all seemed so simple in June 2016, when Duterte grabbed the keys to the presidential palace from Benigno Aquino. His predecessor drew Manila close to Barack Obama’s America. In his six years in office, Aquino pushed back at China’s territorial expansionism in the South China Sea. He even took China to international court (and won).

Duterte went the other way, engaging with Xi Jinping’s China. In September 2016, he insulted Obama with a slur in Tagalog after the U.S. leader had criticized the extrajudicial killings that characterized Duterte’s war on drugs. China, Duterte figured, was a better fit: deep pockets to help build Filipino infrastructure and a policy of non-interference with Duterte’s domestic activities.

9

Andres Cozar of the University of Cadiz said the Mediterranean was "a great accumulation zone of plastic debris".

The researchers said huge amounts of plastic were also being found in other seas including the Bay of Bengal, South China Sea and Barents Sea in the Arctic Ocean.

https://www.bbc.com/

10

Unless action was taken plastic pollution in the region was expected to quadruple by 2050, it added.

The Mediterranean Sea represents less than 1% of the global ocean area but is important in economic and ecological terms.

It contains between 4% and 18% of all marine species, and provides tourism and fishing income for Mediterranean countries.

In 2015 Spanish researchers warned that plastic in the Mediterranean was being found in the stomachs of fish, birds, turtles and whales and that tiny pieces of plastic - microplastics - had also been found in oysters and mussels.

11

It said high levels of plastic consumption by residents and tourists coupled with poor waste collection systems, remained a problem in several countries.

Italy is the largest consumer of bottled water in the world, the report said, with about 178 litres of water sold in plastic bottles per person, per year.

_107288425_gettyimages-962297892 - Show Posts - islander
GETTY IMAGES
Italian fisherman collected huge amounts of plastic bottles for recycling last year

In its recommendations, the report said all Mediterranean governments should set targets to reuse and recycle 100% of plastic items, thus creating zero waste. It also called for single-use plastic items to be phased out.

The WWF says marine pollution costs tourism, fisheries and maritime sectors around €641m (£568m; $722m) each year.

13

According to the WWF, the coastline of Cilicia in south-east Turkey has the highest plastic pollution in the Mediterranean with 31.3 kg of debris per kilometre.

The other hotspots it lists are:

Barcelona - 26.1 kg
Tel Aviv - 21.0 kg
The Po Delta - 18.2 kg
Valencia - 12.9 kg
Alexandria - 12.7 kg
Algiers - 12.2 kg
Bay of Marseille - 9.4 kg
Izmir - 7.2 kg

The report also highlighted Egypt as the biggest source of plastic waste in the Mediterranean, followed by Turkey.

15

The conservation group is calling on governments and the EU drastically to reduce plastic production and increase recycling.

The conservation group is calling on governments and the EU drastically to reduce plastic production and increase recycling.

"Our plastic system is broken - all Mediterranean countries still fail to collect all their waste," said Giuseppe Di Carlo, director of WWF Mediterranean Marine Initiative.

"Plastic production is far too cheap while its waste management and pollution costs are largely discharged on societies and nature. All countries must overhaul their whole supply chain... This is the only way we can keep plastic out of the Mediterranean Sea."

16

Mediterranean plastic pollution hotspots highlighted in report

07 May 2019

19--plastikmuell-im-mittelmeer---d0451f96bc0dd413 - Show Posts - islander
GETTY IMAGES
Plastic bottles are a huge source of marine pollution

Nine coastlines have been identified as the places in the Mediterranean most polluted with plastic, a report says.

They include top tourist spots such as Barcelona, Marseilles, Tel-Aviv and the Venice coast near the Po river.

The report by the World Wide Fund for Nature (WWF) said all Mediterranean countries had underperformed in managing plastic contamination.

It said 570,000 tonnes of plastic went into the sea each year - the equivalent of 33,800 plastic bottles every minute.

17
English Dictionary / Re: Spat
« on: June 04, 2019, 02:51:57 AM »

more on spat... never had i suspected that what i thought was a simple word can have so many unrelated meanings. :)

spat
You probably recognize the word spat from the phrase "lover's spat," which describes a minor squabble between a couple. The spat is usually over something as silly as which partner has to do the laundry, and the relationship usually recovers quickly, with no long-term harm done.

For purposes of this definition, the noun spat refers to a minor argument or mild bickering. That is the definition by which spat is probably best known, but the word has other meanings. Depending on how you use spat, it can be the past participle of spit, the short piece of leather men wore over their shoes in the old days, or an oyster that hasn't quite reached its prime.

Primary Meanings of Spat

1. (noun) a quarrel about petty points

2. (noun) a cloth covering (a legging) that covers the instep and ankles

3. (noun) a young oyster or other bivalve

4. (verb) come down like raindrops

5. (verb) clap one's hands together

6. (verb) become permanently attached

Full Definitions of Spat

1 (noun) a quarrel about petty points
Synonyms: bicker, bickering, fuss, pettifoggery, squabble, tiff
Type of: dustup, quarrel, row, run-in, words, wrangle
an angry dispute
(verb) engage in a brief and petty quarrel
Type of: altercate, argufy, dispute, quarrel, scrap
have a disagreement over something

2 (noun) a cloth covering (a legging) that covers the instep and ankles
Synonym: aiter
Type of: leg covering, legging, leging
a garment covering the leg (usually extending from the knee to the ankle)

3 (noun) a young oyster or other bivalve
Type of: offspring, young, any immature animal
(verb) spawn
“oysters spat”
Type of: spawn, lay spawn

4 (verb) come down like raindrops
“Bullets were spatting down on us”
Type of: come down, fall, precipitate
fall from clouds
(verb) strike with a sound like that of falling rain
“Bullets were spatting the leaves”
Type of: collide with, hit, impinge on, run into, strike
hit against; come into sudden contact with

5 (verb) clap one's hands together
Synonyms: clap
Type of: gesticulate, gesture, motion
show, express or direct through movement
(verb) clap one's hands or shout after performances to indicate approval
Synonyms: acclaim, applaud, clap
Antonyms: boo, hiss
show displeasure, as after a performance or speech
Types: bravo
applaud with shouts of `bravo' or `brava'
Type of: gesticulate, gesture, motion
show, express or direct through movement

6 (verb) become permanently attached
“mollusks or oysters spat”
Type of: attach
become attached

https://www.vocabulary.com/

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