OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo There’s an interesting anti-inflation strategy emerging in the United States. The US Senate calls it Inflation Reduction Act (IRA), and they consider it a major achievement for the Democrats after spending over a year to craft what should have been...
Diwa C. Guinigundo OF SUBSTANCE AND SPIRIT Nothing was trivial for FVR, for at the time he was gunning for the presidency, every little support meant the world for him. There was no mistaking that FVR seemed to hold no chance at all. The New York Times reported on Dec. 1, 1991 that Laban ng...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo He declared it was his duty to deliver the State of the Nation Address (SONA) last Monday, July 25. No doubt aware of both domestic and external challenges shaping the times and the seasons, he assured the nation finding solution will be a continuing...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo We thought after the BSP delivered a decisive monetary action last Thursday, many market uncertainties would have died down. On the lighter side, as one broadsheet described the move as “surprised,”the BSP appeared to have done a patellar reflex, or an...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo Two weeks ago, we wrote a cautionary tale about Sri Lanka. It was showing an economic meltdown, with grassroots reality of struggling in endless queues for food, fuel and medicine, with rolling blackouts. Power is also in short supply. It was the...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo Two days ago, the Philippine Statistics Authority announced that inflation further escalated to 6.1 percent for June 2022. This was the fourth consecutive month of inflationary trend after peaking last year at 4.4 percent in August 2022. There is nothing...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo It’s difficult not to discern the similarities. But the impact of the crisis in Sri Lanka on the people’s lives is many times more severe even school examinations were called off. Their pupils had no pad paper to write on. People struggle with fuel,...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo It is good to remain watchful of the impact of sustained increases in oil prices on output and inflation following the Ukraine-Russia war and whatever is left of the Organization of Petroleum Exporting Countries or OPEC’s leverage in oil pricing...
At a young age, Krystlenn Ivany Quemado had been exposed to the life of a soldier since her father, Nicolas, is a Philippine Army personnel. So it is no surprise that this inspired her to follow the footsteps of her father in the uniformed service. Cadet First Class (1CL) Krystlenn Ivany Quemado is...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo W hen Congress finally proclaims the winning candidate for president, as the indelible ink vanishes from our point finger, the so-called transition period from the Duterte administration will then begin. The Comelec partial and unofficial tally shows a big...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo In 2019, Volkswagen said goodbye to the Beetle we all know, stopping the production of the iconic car of the last 80 years. It was Adolf Hitler who commissioned engineer Ferdinand Porsche to design a practical and cheap vehicle for the people, volk in...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo This coming May 9 election is a defining moment for the Filipino people. We could not think of a better subtext than Palawan Pawnshop’s quintessential tagline: “Alahas ang isinasangla, hindi ang iyong kinabukasan.” Beyond endorsing VP Leni, it...