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

Tuesday, March 10, 2009

March 11, 2009 Major News Stories

The three largest oil firms and an independent oil company on Tuesday said they will carry out another round of price rollback for their petroleum products.  The "Big 3" - Petron Corporation, Pilipinas Shell, and Chevron Phil. Inc.,- said they will slash their diesel and kerosene prices by P0.50.  SeaOil Philippines, meanwhile, said it will match the move of other companies by slashing its kerosene prices by P0.50.  The price adjustment will take effect 12:01 a.m. Wednesday.

Oil extends gains above $47

Oil held above $47 a barrel on Tuesday, as dealers mulled OPEC output options at a meeting this weekend and ahead of weekly US stocks data expected to show another fall in inventories.

Piston wants traffic fine hike scrapped


IMF: Worst of economic crisis yet to arrive

The International Monetary Fund (IMF) today warned that the worst of the ongoing economic crisis may yet to come, and expected world economic growth could dip "below zero" this year.

16 OFWs rescued from illegal recruitment 

Sixteen aspiring overseas Filipino workers from far-flung provinces were rescued by members of the Task Force Against Illegal Recruitment (TFAIR) from a house of a suspected illegal recruiter in San Mateo, Rizal last week.

Australia to open more doors for OFWs

A Philippine senator who is visiting the "Land Down Under" urged the Australian government to look into the possibility of allowing more overseas Filipino workers (OFWs) entry into the country amid the global economic crisis.

P6.2 million isinoli ng OFW sa Dubai


Enrile: Evidence to send Celso to jail

Senate President Juan Ponce Enrile on Tuesday said with the pieces of evidence presented against Legacy Group owner Celso delos Angeles, the embattled businessman has nowhere to go but jail.

Hold departure order out vs SEC's Martinez

The Bureau of Immigration (BI) on Tuesday issued a hold departure order against Jesus Martinez, the Securities and Exchange Commission (SEC) official implicated in the irregularities surrounding Legacy Consolidated Plans Inc. (LCPI).

SEC tells Martinez to answer allegations

The Securities and Exchange Commission has asked Commissioner Jesus Martinez to come out with an official statement on allegations that he received gifts from the Legacy Group.

Palace OKs lifestyle check on Martinez 

President Arroyo on Tuesday ordered the Presidential Anti-Graft Commission to conduct a lifestyle check on Securities and Exchange Commissioner Jesus Martinez Jr. and his family following allegations that he gave protection to a preneed firm that he was investigating.

Legacy owner's SUV 'surrendered' to PDIC

The Ford Expedition vehicle that the embattled founder of the Legacy Group of Companies allegedly bought from the son of the Securities and Exchange official who has been linked to the controversy was "surrendered" to the office of the Philippine Deposit Insurance Corp.

Cibac, JIL distance from SEC's Martinez


Legacy has P129-M more insured deposits


Bacquerfo gisikop


Namfrel monitors poll campaign expenses

Big spenders in next year's elections will be under the radar of poll watchdog National Citizens' Movement for Free Elections (Namfrel).

Return of Dacer-Corbito witness expected

One of the former police officers linked to the murder of a publicist and his driver in 2000 will be fetched from the United States by lawyers of the National Bureau of Investigation.

Dacer-Corbito murder, 5 Erap execs sabit


Keep working for ICRC workers, Nur asked

The military wants Moro National Liberation Front (MNLF) founder Nur Misuari to continue working for the release of three workers of the International Committee of the Red Cross (ICRC) who continue to be held hostage in Sulu close to two months after they were kidnapped.

Solon says Zambo bombs targeted him

Anak Mindanao party-list Rep. Mujiv Hataman claimed he was the target of the three improvised bombs that were recovered and detonated last Monday in two places in this southern port city.

Glo urged to sack Davao AFP, PNP officers

A lawyers' group called on President Gloria Macapagal-Arroyo to order the relief of police and military officers in Davao for the death of a daughter of a New People's Army commander, saying it was not enough that she condemned the murder of Rebelyn Pitao.

Bayan Muna member shot dead

KORONADAL CITY, Philippines -- A member of the Bayan Muna partylist group in Central Mindanao was gunned down in a busy street here, a police official said today.

Brains in shooting of radioman hunted

The National Bureau of Investigation (NBI) is hunting down the alleged mastermind of the shooting of Cagayan de Oro broadcaster Nilo Labares, who was identified by a surrendered suspect.

AFP to help find Aquino slay 'missing link'

The Philippine military has vowed to support efforts to find the alleged "missing link" in the 1983 assassination of former senator Benigno Aquino Jr.

Gonzalez: Brains of Aquino slay still in RP

Justice Secretary Raul Gonzalez believes the brains behind the 1983 assassination of former senator Benigno Aquino Jr. is still alive and in the country.

Bidding for attack helicopters fails anew 

The bidding for military night-capable attack helicopters failed for the second time due to the increase in aircraft cost, defense secretary Gilberto Teodoro said today.

33 dead in suicide attack on Iraq tribes


Sri Lanka suicide blast kills 10 

A suicide bomber attacked a gathering of Muslims celebrating a religious holiday in southern Sri Lanka on Tuesday, killing 10 people and critically wounding a government minister.

Tibet is 'hell on earth' under China

Paramilitary police and soldiers swarmed cities and villages in Tibet and restive western China on Tuesday, on the alert for possible unrest on the 50th anniversary of a failed uprising against Chinese rule. The Dalai Lama said Tibet had become "hell on earth" under Beijing's control.

Pope to visit Muslim, Jewish sites in ME


Obama's stem cells proj. cheers scientists

In a clear rebuke to his White House predecessor, President Barack Obama declared he will not allow politics to taint science and signed an executive order to allow funding of broader research into stem cells.

Pacman revs up training sans Roach


'Tyson has no place in Pacquiao camp'


Nietes plans to go up to light flyweight

WBO minimum weight champion Donnie Ahas Nietes plans to climb to the light flyweight division after three more title defenses.

Gerry, Donaire split ways but connected


Explain P29M PAGCOR assistance 

Philippine Olympic Committee (POC) president Jose Cojuangco Jr. has called on Philippine Amateur Swimming Association (PASA) head Mark Joseph to explain the P29 million financial assistance extended to him by Philippine Amusement and Gaming Corporation (PAGCOR).

Wade boils up, saves Heat


Barkley completes three-day jail term


Woman who stalked Barreto's kid nabbed

The NBI has filed unjust vexation charges against an avid "Juday" fan who allegedly pretended to be a friend of Claudine Barretto in order to kidnap the actress' daughter Sabina.

"M" fans flock to wake on eve of burial

Hundreds of fans continue to arrive at the wake of Francis Magalona, known as the country's "Master Rapper," to pay their last respects on the eve of his burial Wednesday.

Estrada visits Magalona wake

Former president Joseph Estrada paid his last respects to Francis Magalona.

Paalam, Francis!


Ani DiFranco  - "Art may imitate life, but life imitates TV."

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