Turkey’s inflation rises to 67.1% in February


ISTANBUL — Turkey’s annual inflation rose again in February, reaching 67.1 percent despite a string of interest rate hikes, official data showed on Monday. The Turkish central bank held its key interest rate at 45 percent last month, pausing after eight straight increases aimed at taming consumer prices that had remained stable at 64.9 percent in January. On a monthly basis, inflation rose 4.5 percent in February, slower than the 6.7 percent rise logged in January. READ: Turkish inflation ends year at almost 64.8%, and seen rising further Inflation remains a pressing issue for President Recep Tayyip Erdogan’s government ahead of local elections in March. His ruling AKP p…

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Labor group rejects ‘installment’ wage hike


      MANILA, Philippines — Implementing the wage hike among private workers on an installment basis would fail to meet their urgent needs, the Federation of Free Workers (FFW) said on Monday. FFW said that a one-time full implementation of the wage hike is necessary to allow workers to finally cope with the high prices of goods in local markets. “If it’s a staggered increase, it seems like we’re not serious about resolving the urgent needs of the workers and their families,” FFW said in a statement. “By opting for installment payments, we risk trivializing the dire needs of our workers and undermining the intended purpose of wage recovery, …

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14 senators sign statement of support for Zubiri leadership


MANILA, Philippines — Fourteen of 24 senators have signed a statement reiterating their “resolute and unqualified support” for the leadership of Senate President Juan Miguel “Migz” Zubiri. The senators who signed the statement of support are: Senate President Pro Tempore Loren Legarda Majority Leader Joel Villanueva Sherwin Gatchalian Sonny Angara JV Ejercito Grace Poe Nancy Binay Lito Lapid Raffy Tulfo Mark Villar Ronald “Bato” dela Rosa Francis Tolentino Christopher “Bong” Go. Zubiri himself also signed the resolution. “We stand firm behind the leadership of Senate President Juan Miguel ‘Migz’ Zubiri, under whose guiding hand the Sena…

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Immigration Lookout Bulletin Order issued vs Quiboloy


    MANILA, Philippines – Justice Secretary Jesus Crispin Remulla on Monday said he had already signed an Immigration Lookout Bulletin Order (ILBO) against Kingdom of Jesus Christ (KJC) Leader Pastor Apollo Quiboloy. “Napirmahan ko na ‘yun. Iyun ang mauuna sa lahat. [I already signed it. It will come first],” Remulla said in a press conference. An ILBO may not prevent Quiboloy from leaving the country as it is formonitoring purposes only and is not a sufficient prohibition to bar someone from leaving the country. Only the courts can issue a hold departure order. Remulla said that once the cases are filed in court, they will ask that a hold depart…

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PH, Cambodia discuss rice supply amid El Niño threat


    MANILA, Philippines — The meeting between President Ferdinand “Bongbong” Marcos Jr. and Cambodian Prime Minister Hun Manet will ensure a sufficient rice supply for the country even with the El Nio phenomenon’s possible effects, Speaker Ferdinand Martin Romualdez said on Monday. In a statement, Romualdez said that the two leaders discussed several topics that would eventually enhance trade and investment between the two countries — including mutually boosting rice trade and tourism. The meeting between Marcos and Manet happened on the sidelines of the Australian Prime Minister Anthony Albanese’ invitation for a special summit to commemorat…

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