Jack The Scribbler

“[Ferdinand] Marcos obviously had not intended to take any chances with Chino [Roces]: he arrested him, detained him, had him watched constantly once released, and when his regime came under siege, tried to bargain with him. Emerging from a one-to-one meeting with Marcos in Malacañang, Chino was incredulous to have yet to be asked what he wanted. “Tinanong pa kung ano gusto ko,” he told Joe Velez, who had accompanied him. “Ano pa, di freedom.”” Read more ›

With a stronger peso, importers are able to buy more foreign-made goods.
Oil, for one, is cheaper because it costs fewer pesos to purchase petroleum products, which are priced in dollars. In turn, lower fuel prices result in reduced food and transport costs, leading to lower inflation rates.
Considering all these, is a strong peso good or bad?
The latter, if you ask Fabella. Read more ›