April 26, 2017, 7:37 pm
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1 Philippine Peso = 0.07374 UAE Dirham
1 Philippine Peso = 2.49799 Albanian Lek
1 Philippine Peso = 0.03594 Neth Antilles Guilder
1 Philippine Peso = 0.30869 Argentine Peso
1 Philippine Peso = 0.02653 Australian Dollar
1 Philippine Peso = 0.03594 Aruba Florin
1 Philippine Peso = 0.04016 Barbados Dollar
1 Philippine Peso = 1.66265 Bangladesh Taka
1 Philippine Peso = 0.0362 Bulgarian Lev
1 Philippine Peso = 0.00756 Bahraini Dinar
1 Philippine Peso = 34.12309 Burundi Franc
1 Philippine Peso = 0.02008 Bermuda Dollar
1 Philippine Peso = 0.02795 Brunei Dollar
1 Philippine Peso = 0.13795 Bolivian Boliviano
1 Philippine Peso = 0.06279 Brazilian Real
1 Philippine Peso = 0.02008 Bahamian Dollar
1 Philippine Peso = 1.29719 Bhutan Ngultrum
1 Philippine Peso = 0.20691 Botswana Pula
1 Philippine Peso = 402.00804 Belarus Ruble
1 Philippine Peso = 0.04012 Belize Dollar
1 Philippine Peso = 0.02712 Canadian Dollar
1 Philippine Peso = 0.01999 Swiss Franc
1 Philippine Peso = 13.14779 Chilean Peso
1 Philippine Peso = 0.13823 Chinese Yuan
1 Philippine Peso = 57.61044 Colombian Peso
1 Philippine Peso = 11.0492 Costa Rica Colon
1 Philippine Peso = 0.02008 Cuban Peso
1 Philippine Peso = 2.03795 Cape Verde Escudo
1 Philippine Peso = 0.4955 Czech Koruna
1 Philippine Peso = 3.5743 Djibouti Franc
1 Philippine Peso = 0.13744 Danish Krone
1 Philippine Peso = 0.94578 Dominican Peso
1 Philippine Peso = 2.18602 Algerian Dinar
1 Philippine Peso = 0.28902 Estonian Kroon
1 Philippine Peso = 0.36285 Egyptian Pound
1 Philippine Peso = 0.45783 Ethiopian Birr
1 Philippine Peso = 0.01847 Euro
1 Philippine Peso = 0.04172 Fiji Dollar
1 Philippine Peso = 0.01569 Falkland Islands Pound
1 Philippine Peso = 0.0157 British Pound
1 Philippine Peso = 0.08205 Ghanaian Cedi
1 Philippine Peso = 0.88052 Gambian Dalasi
1 Philippine Peso = 185.36145 Guinea Franc
1 Philippine Peso = 0.14727 Guatemala Quetzal
1 Philippine Peso = 4.10221 Guyana Dollar
1 Philippine Peso = 0.15618 Hong Kong Dollar
1 Philippine Peso = 0.46867 Honduras Lempira
1 Philippine Peso = 0.13713 Croatian Kuna
1 Philippine Peso = 1.33153 Haiti Gourde
1 Philippine Peso = 5.74598 Hungarian Forint
1 Philippine Peso = 267.38956 Indonesian Rupiah
1 Philippine Peso = 0.07311 Israeli Shekel
1 Philippine Peso = 1.29488 Indian Rupee
1 Philippine Peso = 23.71486 Iraqi Dinar
1 Philippine Peso = 651.34539 Iran Rial
1 Philippine Peso = 2.16064 Iceland Krona
1 Philippine Peso = 2.5751 Jamaican Dollar
1 Philippine Peso = 0.01423 Jordanian Dinar
1 Philippine Peso = 2.20343 Japanese Yen
1 Philippine Peso = 2.06888 Kenyan Shilling
1 Philippine Peso = 1.34789 Kyrgyzstan Som
1 Philippine Peso = 80.12048 Cambodia Riel
1 Philippine Peso = 9.2747 Comoros Franc
1 Philippine Peso = 18.07229 North Korean Won
1 Philippine Peso = 22.75743 Korean Won
1 Philippine Peso = 0.0061 Kuwaiti Dinar
1 Philippine Peso = 0.01647 Cayman Islands Dollar
1 Philippine Peso = 6.25622 Kazakhstan Tenge
1 Philippine Peso = 164.67872 Lao Kip
1 Philippine Peso = 30.25502 Lebanese Pound
1 Philippine Peso = 3.05723 Sri Lanka Rupee
1 Philippine Peso = 1.80723 Liberian Dollar
1 Philippine Peso = 0.26094 Lesotho Loti
1 Philippine Peso = 0.06122 Lithuanian Lita
1 Philippine Peso = 0.01246 Latvian Lat
1 Philippine Peso = 0.02828 Libyan Dinar
1 Philippine Peso = 0.19886 Moroccan Dirham
1 Philippine Peso = 0.38584 Moldovan Leu
1 Philippine Peso = 1.13153 Macedonian Denar
1 Philippine Peso = 27.04819 Myanmar Kyat
1 Philippine Peso = 48.27309 Mongolian Tugrik
1 Philippine Peso = 0.16089 Macau Pataca
1 Philippine Peso = 7.14859 Mauritania Ougulya
1 Philippine Peso = 0.6994 Mauritius Rupee
1 Philippine Peso = 0.30622 Maldives Rufiyaa
1 Philippine Peso = 14.41345 Malawi Kwacha
1 Philippine Peso = 0.37604 Mexican Peso
1 Philippine Peso = 0.08831 Malaysian Ringgit
1 Philippine Peso = 0.261 Namibian Dollar
1 Philippine Peso = 6.3253 Nigerian Naira
1 Philippine Peso = 0.59056 Nicaragua Cordoba
1 Philippine Peso = 0.17162 Norwegian Krone
1 Philippine Peso = 2.07129 Nepalese Rupee
1 Philippine Peso = 0.02861 New Zealand Dollar
1 Philippine Peso = 0.00772 Omani Rial
1 Philippine Peso = 0.02008 Panama Balboa
1 Philippine Peso = 0.065 Peruvian Nuevo Sol
1 Philippine Peso = 0.06586 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.10141 Pakistani Rupee
1 Philippine Peso = 0.07841 Polish Zloty
1 Philippine Peso = 110.69879 Paraguayan Guarani
1 Philippine Peso = 0.07311 Qatar Rial
1 Philippine Peso = 0.08354 Romanian New Leu
1 Philippine Peso = 1.11942 Russian Rouble
1 Philippine Peso = 16.43896 Rwanda Franc
1 Philippine Peso = 0.07529 Saudi Arabian Riyal
1 Philippine Peso = 0.15744 Solomon Islands Dollar
1 Philippine Peso = 0.27046 Seychelles Rupee
1 Philippine Peso = 0.13372 Sudanese Pound
1 Philippine Peso = 0.17781 Swedish Krona
1 Philippine Peso = 0.02796 Singapore Dollar
1 Philippine Peso = 0.01569 St Helena Pound
1 Philippine Peso = 0.4459 Slovak Koruna
1 Philippine Peso = 149.5984 Sierra Leone Leone
1 Philippine Peso = 10.98394 Somali Shilling
1 Philippine Peso = 452.80121 Sao Tome Dobra
1 Philippine Peso = 0.17514 El Salvador Colon
1 Philippine Peso = 10.34096 Syrian Pound
1 Philippine Peso = 0.26104 Swaziland Lilageni
1 Philippine Peso = 0.68916 Thai Baht
1 Philippine Peso = 0.05006 Tunisian Dinar
1 Philippine Peso = 0.04645 Tongan paʻanga
1 Philippine Peso = 0.07169 Turkish Lira
1 Philippine Peso = 0.13453 Trinidad Tobago Dollar
1 Philippine Peso = 0.60745 Taiwan Dollar
1 Philippine Peso = 44.77912 Tanzanian Shilling
1 Philippine Peso = 0.53434 Ukraine Hryvnia
1 Philippine Peso = 72.53012 Ugandan Shilling
1 Philippine Peso = 0.02008 United States Dollar
1 Philippine Peso = 0.57068 Uruguayan New Peso
1 Philippine Peso = 74.29719 Uzbekistan Sum
1 Philippine Peso = 0.2003 Venezuelan Bolivar
1 Philippine Peso = 456.10443 Vietnam Dong
1 Philippine Peso = 2.17892 Vanuatu Vatu
1 Philippine Peso = 0.0517 Samoa Tala
1 Philippine Peso = 12.11064 CFA Franc (BEAC)
1 Philippine Peso = 0.05422 East Caribbean Dollar
1 Philippine Peso = 12.18876 CFA Franc (BCEAO)
1 Philippine Peso = 2.19137 Pacific Franc
1 Philippine Peso = 5.01908 Yemen Riyal
1 Philippine Peso = 0.26099 South African Rand
1 Philippine Peso = 104.20683 Zambian Kwacha
1 Philippine Peso = 7.26707 Zimbabwe dollar

AFTER YEAR OF UPHEAVAL: Polarized societies fuel risks at Davos

LONDON- Divided societies, rising populism and fears for the world’s climate top the list of risks facing politicians, central bankers and business leaders gathering in Davos next week.

The world has changed dramatically in the year since they last met in the Swiss Alps, with Donald Trump’s election in the United States and Britain’s vote to leave the European Union exposing deep public disenchantment with globalization.

“Davos Man” - those who meet each year at the World Economic Forum (WEF) - faces further threats in 2017 too, with elections in the Netherlands, France, Germany and probably Italy all offering scope for an anti-establishment backlash.

Ahead of its annual meeting, the WEF’s 2017 Global Risks report on Wednesday highlighted rising income and wealth disparity as the trend most likely to determine global developments over the next decade.

While the world economy is expected to carry on growing this year - helped by anticipated U.S. tax cuts and infrastructure spending under a Trump administration - the threat of protectionism presents a rising long-term risk.

Other dangers have not gone away, with climate concerns moving up the agenda as Trump’s arrival as President in the White House casts a shadow over curbing carbon emissions. Extreme weather events are now rated as the single most prominent global risk.

“Many of these risks have been highlighted in past reports, except now they are moving in the direction of having a higher impact,” said Cecilia Reyes, chief risk officer of Zurich Insurance one of the report’s authors.

The Jan. 17-20 Davos meeting will bring together 3,000 participants, including President Xi Jinping, the first Chinese head of state to attend the WEF, and British Prime Minister Theresa May.

German Chancellor Angela Merkel and Canadian Prime Minister Justin Trudeau, however, have decided to skip the event. Trump, who will be inaugurated on Jan. 20, will also not be there.

European Commission President Jean-Claude Juncker was also absent from the line-up published on Tuesday, but there were many presidents, prime ministers and central bankers among the 3,000 participants, along with 1,800 executives from 1,000 companies.

The United States will be represented by Vice President Joe Biden and Secretary of State John Kerry, days before they leave office, and “someone from the transition team representing the new (Trump) administration”, Schwab said.

Xi led a forum of Asia-Pacific leaders in Peru in November in vowing to fight protectionism, just days after Trump won the U.S. election having pledged to pull out of the 12-nation Trans-Pacific Partnership (TPP) trade deal.

Foreign businesses in China, however, have long complained about a lack of market access and protectionist Chinese policies. These include a Made in China 2025 plan that calls for a progressive increase in domestic components in sectors such as advanced information technology and robotics.

The fallout of Trump’s pledge to “Make America Great Again” will be debated intensely, however, and his stance on the Middle East and the threat of terrorism is also an area of uncertainty.

Another risk in the spotlight is the rise of robots and the threat posed to jobs. The report names artificial intelligence and robotics as the technologies with the greatest potential for both positive and negative consequences, including exacerbating the threat posed by hacking.

Without effective governance and retraining of workers, technology may destroy more jobs than it creates at a time when cash-strapped governments can no longer afford historical levels of welfare.

The report analysed 30 global risks and 13 underlying trends over a 10-year horizon by surveying around 750 experts and decision makers. 

Davos will end just as Trump takes office, having won the White House in part with promises to pull the United States out of international trade deals and hike tariffs against China and Mexico in a protectionist campaign he says will help bring back industries and jobs to America.

WEF executive chairman Klaus Schwab said he expected Xi to show how China would take a “responsive and responsible leadership role” in global affairs at a turning point in history, with the world needing new concepts to face the future.

“Every simplified approach to deal with the complex global agenda is condemned to fail. We cannot have just populist solutions,” Schwab told a news conference in Geneva, referring to the rising anti-globalization tide epitomized by Trump’s victory and Britain’s vote last year to exit the European Union.  – Reuters 
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Column of the Day

Expletives spoken here…

By DAHLI ASPILLERA | April 26,2017
198 View(s) 0 Comment(s)
‘As President Obama himself admitted, his Bucket rhymes with that expletive, which got everyone listening at the White House applaud in laughter.’

Opinion of the Day

One Belt One Road: Reviving PH-China Silk Road ties

By ELLEN TORDESILLAS | April 26, 2017
303 View(s) 0 Comment(s)
‘One Belt One Road dips back into ancient ties while moving forward armed wth amazing technology. It augurs well for the future.’