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First Republic Bank and ESG, DIE, RE
First Republic Bank (FRB) was heavy in save the planet narrative but cannot save itself now.Go woke and climate dramatist, go bankrupt.Why Global Decarbonization Bodes Well for the Economy and...
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BWorld 598, High inflation in the Philippines could be due to dynamic...
* BusinessWorld April 24, 2023.------------Last week, on April 20, the Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO) led by the Department of Finance and the National Economic and...
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Energy 170, Electric cooperatives and NPC
Here are some photos of the presentations by speakers from electric cooperatives (ECs) and the National Power Corp. (NPC), at the Philippine Electric Power Industry Forum (PEPIF) 2023 last March 20-21...
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BWorld 599, Growth projection, electricity generation and PPP Center
* BusinessWorld April 26, 2023.----------------Last week, the Development Budget Coordination Committee (DBCC) held a press conference on the revised macroeconomic and fiscal targets from 2023-2028....
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Deindustrialization 13, More wind-solar, more expensive electricity
Continuing monitoring of some news reports on the subject. First item below, more wind-solar like Denmark, Germany and UK, more expensive electricity.-----------Household electricity prices worldwide...
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BWorld 600, Taxpayers’ burden from uniformed pensions
* BusinessWorld May 01, 2023.------------The pushback against military and uniformed personnel pension reform has come strongly since Finance Secretary Benjamin E. Diokno announced the reforms on March...
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On US preparation for another war, in Taiwan
US continues its illegal occupation of a big part of Syria since 2014, part of their "rules-based international order" kuno, doing heavy proxy war vs Russia in Ukraine, and now explicitly preparing for...
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BWorld 601, Rising oil-gas reserves and their unstable prices
* BusinessWorld May 3, 2023.--------------The persistent lobby for energy transition from fossil fuels (oil, gas, coal) to renewables (wind, solar, etc.) and moving to “net zero” carbon dioxide...
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Covid 82, Political science that masquerade as medical science
Dictatorship, medical martial law and tyranny, political science that masquerade as medical science. Endless scaremongering to justify endless control over people's mind and lives.These things I still...
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BWorld 602, Declining inflation and the budget deficit
* BusinessWorld May 8, 2023.------------Last week, the Philippine Statistics Authority (PSA) released the inflation rate for April — 6.6% — and it was a significant decline from 8.6% in February and...
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Weekend Fun 83, Academic lessons on Mother's day
NANAY, MOTHER IS THE BEST TEACHER IN THE WORLDDahil tinuruan niya ako ng…AGRONOMY. “Kada butil ng bigas kinakain mo pinagtrabahuhan ng tatay mo. Ubusin mo.”ANATOMY: “Mata ang ginagamit sa paghahanap,...
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BWorld 603, The NGCP wall: Transmission problem blamed as generation problem
* BusinessWorld May 10, 2023.--------------Consider these three instances of good news and bad news in the Philippine economy.Last Monday morning, May 8, the good news came when employment data for...
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Deindustrialization 14, Net Zero slowly on the retreat in Europe
See these news stories.How Macron stole a march on Britain – by hitting pause on net zeroGreen energy crusade risks leaving UK more isolated than everBy Matt Oliver and Rebecca Rosman. 21 May...
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BWorld 604, The Philippines had fastest GDP growth in the world in Q1
* BusinessWorld May 15, 2023.-------------------While many sectors and economic observers in the country tried to play down if not criticize the “low” GDP growth of 6.4% in the first quarter (Q1) this...
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The origin and control of money
Last night, my second girl and 12 yo daughter Bien Mary, who just finished Grade 7, going to Grade 8 this coming school year, asked me, "Dad, what happens if there is no money in the world?" I briefly...
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BWorld 605, Climate cycle, climate loans, and the PPP Act
* BusinessWorld, May 17, 2023. -----------With endless “climate crisis” or “climate catastrophe” narratives that we hear and read, we have been led to embrace more wasteful, bottomless climate loans...
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Weekend Fun 84, More Father's day jokes
Another fun day on Father's day. Got these from friends, Filipino jokes. Enjoy.----------------See also:Weekend Fun 71, Father's day, Husband's dayWeekend Fun 81, Sic o'clock News - Rewind, January 15,...
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BWorld 606, The Laffer Curve of Philippine tobacco taxation
*BusinessWorld, The Laffer Curve of Philippine tobacco taxationMay 22, 2023 | 7:08 pmMy Cup Of LibertyBy Bienvenido S. Oplas, Jr.One important concept in Public Finance Economics is the Laffer Curve....
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Tax Cut 37, Marginal tax rate
Some basic taxation concepts I read today from Tax Foundation:(1) Average Tax Rates -- the total tax paid divided by taxable income (the amount of income subject to tax after deductions and...
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BWorld 607, Philippines ratings upgrade, energy policies to sustain growth
* BusinessWorld, Philippines ratings upgrade, energy policies to sustain growthMay 24, 2023 | 4:18 pmMy Cup Of LibertyBy Bienvenido S. Oplas, Jr.Last Monday, there was good news — the Fitch upgrade of...
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