The latest news stories from the major news organizations in Cebu and Manila in the Philippines, the US and other countries.

Tuesday, February 17, 2009

February 18, 2009 Major News Stories

Oil prices fell below $37 a barrel Tuesday in Asia as a deepening global slowdown weighed on expectations for crude demand.

Bakers yet to adjust price w/ cheaper flour

TF rejects Misuari passage request to ICRC 

The task force handling the hostage crisis in southern Philippines involving three Red Cross workers has denied the request of former rebel leader Nur Misuari to have a passageway to the hostage-takers.

Boy rescued in Basilan; 2 suspects dead

Security forces on Tuesday rescued a seven-year-old boy hours after two gunmen abducted him in the southern province of Basilan, a military official said.

RP thanks Lebanon for repatriation of OFWs 

The Philippine government formally thanked Lebanon on Monday for the safe repatriation of some 10,000 Filipinos during the Hezbollah-Israeli war in 2006.

Peso slumps to P47.85 on risk aversion

Japanese PM to be first Obama guest

Japanese Prime Minister Taro Aso will visit President Barack Obama next week, making him the first foreign leader to visit the Obama White House, Secretary of State Hillary Rodham Clinton announced Tuesday.

Rama ok si Bimbo paduolon ni Burden

China bans actors from medical shows

China has banned actors and celebrities from appearing in radio and television medical ads, part of efforts to crack down on marketing that involves fraudulent or outlandish claims.

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