Ships hijacked by pirates, an earthquake in Indonesia and the decline of RP peso

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7

Is the total number of ships hijacked by Somali pirates on since November 5, 2008 in the Aden Gulf. The latest hijacked ships are operated by the Islamic Republic of Iran and that of Saudi Arabia, a super oil tanker carrying $100 million worth of crude oil. In the past ransoms were paid to recover the ships, but nations are finding ways to foil piracy in the busiest sea lane of the world.

P49.96

At the close of business trading on November 18, 2008, the peso-dollar exchange has floundered close to P50/per dollar. The slide of the peso value is expected to continue as local and foreign effects of recession take its full effect.

7.5

Recorded in the Richter’s scale is strength of the quake that hit Indonesian island Sulawesi on November 17, 2008 which reportedly killed at least 6 persons, toppling houses and injuring scores of people. A tsunami warning from US officials in the area was raised within 1,000 kilometers (620 miles) from the quake’s origin, but was later lifted.

$1.2 billion

Bangko Sentral of the Philippines (BSP,) discloses this amount of deficit in the balance of payments (BOP) mainly attributed to capital flight, weak exports, and payment of maturing obligations. BOP is the record of the country’s transactions with the rest of the world and its deficit in October 2008 reduces this year’s surplus in a 10 month period to $345 million, down from $7.87 billion registered year-on-year.

77

Is the reported number of people who contracted typhoid fever in Quezon. Caused by Salmonella typhosa, the diarrheal disease with systemic manifestations is linked with contaminated water supply. The Department of Health (DOH,) advises boiling of water and frequent hand-washing to counter the spread of the disease. In a separate outbreak, 2 persons died of another diarrheal illness in Misamis Oriental. Reported on 11/18/08, about 1,000 people have sought treatment in the hospital for complaints which are suspicious of cholera. (Photo Credit: by Moody_fingers) =0=

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