April 26, 2017, 11:38 pm
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1 Philippine Peso = 0.07374 UAE Dirham
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1 Philippine Peso = 0.03594 Neth Antilles Guilder
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1 Philippine Peso = 2.18602 Algerian Dinar
1 Philippine Peso = 0.28902 Estonian Kroon
1 Philippine Peso = 0.36285 Egyptian Pound
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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
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1 Philippine Peso = 2.5751 Jamaican Dollar
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1 Philippine Peso = 2.20343 Japanese Yen
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1 Philippine Peso = 1.34789 Kyrgyzstan Som
1 Philippine Peso = 80.12048 Cambodia Riel
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1 Philippine Peso = 18.07229 North Korean Won
1 Philippine Peso = 22.75743 Korean Won
1 Philippine Peso = 0.0061 Kuwaiti Dinar
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1 Philippine Peso = 6.25622 Kazakhstan Tenge
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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
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1 Philippine Peso = 0.37604 Mexican Peso
1 Philippine Peso = 0.08831 Malaysian Ringgit
1 Philippine Peso = 0.261 Namibian Dollar
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1 Philippine Peso = 2.07129 Nepalese Rupee
1 Philippine Peso = 0.02861 New Zealand Dollar
1 Philippine Peso = 0.00772 Omani Rial
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1 Philippine Peso = 0.065 Peruvian Nuevo Sol
1 Philippine Peso = 0.06586 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
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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

Killing watersheds, killing life

The simplest, most graphic and perhaps the most eloquent argument against open pit mining is found, not in the voluminous academic dissertations where arguments encompass the spectrum from bludgeoned biodiversity and ravaged ecosystems to the abuse of rights and ancestral domain and the brazen murder of their advocates. It is in a simple satellite photograph of an ongoing mining operation. 

Nothing can be uglier and disturbing. Nothing can be more gruesome and scarier. Indeed nothing shocks as much as a gaping open wound inflicted on Mother Nature, especially when we view the environment under those endearing terms rather than the utilitarian perspective of mining advocates where profit and plus ultra are the principal themes highlighted by screaming exclamation marks that boldly punctuate commercialization and exploitation.

Behind these graphic images of abuse the ever-lengthening litany of criminality underlying the ugliest images are just as horrific. They paint a picture in the darkest and bloodiest tones over an industry that’s profited from the vulnerability and misery of the weakest, the poorest and the most exploited. 

From the violent militarization of peaceful, idyllic and innocent communities to the toxic siltation of farmlands and fishing waters, to recklessly mining atop delicate fault lines and the contamination of ground waters and aquifers that nourish communities, to both the continuing maltreatment and the massacres and heinous killings of indigenous families -- these crimes are shellacked over by questionable economics that says we must pay these prices if we want employment and industrial development.

The sarcasm extends to smart-ass arguments that there will be no cellphones, cars and computers if mining had not existed. There will also be no bullets and bombs. No guns, no gold and no goons - the latter three, essential political weapons wielded by those who now decide the fate of a righteous advocacy.

It is a question of power and money. Unfortunately, money blindsides. The glitter of gold and the sheen of chrome, copper and nickel cast such blinding glares enough to obscure both the eyesight of political animals and the intellect a scant inch behind a politician’s small skull. To complete the hypnotic effect, the incessant pinging of cash registers adds another dimension to monetary temptations that back-burner what are essential.

To be fair, allow us to view what mining’s advocates and beneficiaries see in the immediate vicinity of their political reality as they chorus and refrain economic development while secretly horse-trading away behind closed doors and executive sessions our future.

What are the economic upsides that we should be paying these high prices for the development and employment miners promise?

GDP from mining as of January 2017 was P15 billion. Compare that to agricultural GDP of P174.56 billion. Given that total GDP was $292.45 billion, between an industry that desolates and one that nourishes, agriculture obviously leads to greater economic productivity where returns to capital are higher. Moreover, not only is mining a poor GDP contributor, it ravages agricultural areas which contribute to GDP in exponentially higher degrees.

Mining’s relative contribution to employment is worse. At 0.60 percent or about 236,400 low paying jobs annually, mining’s contribution to equitable and inclusive development relative to its destructive costs, its high capitalization and the fact that its fat profits benefit economies other than ours makes it an altogether bad proposition.

The foregoing are important. More for an economy as vulnerable as ours is and an environment exponentially more fragile and constantly at risk. The differences are stark, almost an issue of black over white, good versus evil, and ultimately, right versus wrong.  More so critical when we consider the millions spent by clandestine interests both as lobby money to deny a good person a good endeavor, and the hidden public relations funding to discredit a qualified public official known for equal amounts of passion, drive, zeal, righteousness and honesty brimming in amounts alien and never-before seen at the Department of the Environment and Natural Resources (DENR).

These are actually understatements to describe DENR Secretary Regina Paz L. Lopez when we array what she brings to the DENR against what’s long infested it. As she would probably have it however, our focus is not on her personality but on her programs and her incredible and novel economic paradigm that should forever remain supported and impassioned by righteous indignation as dark forces continue to vilify both advocate and advocacy as they desperately attempt to perpetuate and inflict on both the economy and the environment gaping ulcers on once pristine earth.

Take the $5.9 billion proposal of one politically influential mining conglomerate to inflict on one of the most pristine areas of our endangered planet a gaping cavity carved over our geographical food basket that will the biggest, deepest and most destructive - a hole so wide it dwarfs several football fields.

Natural watersheds underlie the core of Lopez’s exemplary model of economic development, poverty alleviation and genuine inclusive growth. Hers is not the mining model whose $5.9 billion, should these be optionally invested in educational, medical, or even high-value crop communities might benefit Filipinos a thousand times over the profits earned through domestic taxes, employment of disenfranchised farmers and fisherfolk, and the offshore income earned by foreigners when raw ore is exported. 

Go ahead recompute the GDP contribution arithmetic. Lopez’s area development paradigm, which she presented before a decidedly partisan entity with no other gene than the political absent of DNA that produces the brain and the heart and, in its place, growing instead overly developed testicles and gall, takes us through similar arguments mining companies spin to justify their operations. They talk of employment, poverty, welfare and domestic economics. Skillfully, Lopez founds hers on the same albeit with a slew of other factors that focus primarily on protecting the earth’s watersheds thus catalyzing poverty eradication ab initio rather than as an accident of Adam Smith’s invisible hand.

Captioned under Lopez’s own “Killing watersheds, killing life” her advocacy for watersheds should be ours as well.
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