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The World Tonight Livestream | Full Episode Replay | March 16, 2023
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00:00.0
Resting place.
00:02.0
Filipino authorities recommend charges against 20 members of the Tau Gamma Phi fraternity
00:08.0
over the hazing death of university student Matthew John Salili.
00:14.0
The Philippine Drug Enforcement Agency destroys illegal drugs worth billions of pesos.
00:20.0
And a US official asserts they will continue to fly their aircraft over the Black Sea
00:26.0
despite warnings from Russia.
00:30.0
Good evening, I'm Tony Velasquez.
00:47.0
And I'm Vivian Gulia.
00:49.0
On our broadcast tonight, the body of slain Philippine Provincial Governor Roel DeGamo
00:53.0
is laid to rest Thursday amid tight security.
00:57.0
His widow challenged rival local politician Congressman Arnulfo Tevez Jr. to return from abroad
01:03.0
and face allegations linking him to the governor's murder.
01:06.0
Jose Caritero has tonight's top story.
01:12.0
Supporters of slain Negros Oriental Governor Roel DeGamo
01:16.0
cry for justice as he is brought to his final resting place.
01:20.0
DeGamo and eight others were killed by gunmen on March 4 in Pamplona Municipality.
01:29.0
From their home, DeGamo's remains were brought to the St. Vincent Parish Church for a requiem mass.
01:36.0
Many supporters of the governor went out to bid their final farewell.
01:42.0
The governor's widow, Pamplona Mayor Janice DeGamo, did not hide her dismay
01:48.0
over the request of Negros Oriental 3rd District Representative Arnulfo Tevez Jr.
01:54.0
for a two-month extension of his leave of absence.
01:57.0
One of the suspects mentioned a certain Cong. Tevez as the alleged mastermind
02:02.0
but no charges have been filed against the lawmaker in connection with the deadly attack in the town of Pamplona.
02:09.0
Tevez, however, is facing several complaints over a string of murders in 2019
02:15.0
and the recent recovery of firearms and explosives from his properties.
02:32.0
She also doubts the lawmaker's statement that he fears for his safety
02:36.0
as his excuse to delay his return to the Philippines.
02:45.0
The mayor hopes those who killed her husband will finally be caught.
03:07.0
Rain fell before the mass ended, as if the heavens swept for the slain governor.
03:13.0
From the church, his remains were brought back to his home.
03:16.0
His final resting place is inside the compound.
03:25.0
The funeral service was live-streamed at the capital, Indumageti City.
03:29.0
Now that the governor has been buried, Mayor DeGamo said
03:34.0
they will prepare the documents needed for the ongoing investigation on his assassination.
03:40.0
Jose Carretero, ABS-CBN News.
03:45.0
Philippine lawmaker Arnulfo Tevez Jr. files for an extended leave of absence
03:50.0
as criminal complaints against him pile up.
03:53.0
But the House Speaker is unmoved and instead reiterates
03:56.0
that Tevez should return from his overseas trip and face the allegations against him.
04:01.0
RG Cruz has the details.
04:32.0
But the House Speaker merely told Topacio that his client
04:36.0
is better off returning to the country and coming back to work.
04:39.0
Romualdo has also explained to Topacio that the House Committee on Ethics and Privileges
04:42.0
will investigate his client's failure to come back
04:45.0
upon the expiration of his travel authority last March 9.
04:48.0
The Speaker said he will act when the committee wraps up its investigation
04:52.0
and submits its recommendation to the House leadership.
04:54.0
The Speaker maintained that he and the whole House will ensure the lawmaker's safe return
04:58.0
as he reiterated his call for the lawmaker to come home,
05:01.0
noting that it does not sit well for any congressman to flee instead of availing legal remedies.
05:06.0
On Wednesday night, House Majority Leader Manuel Jose Dalipe
05:09.0
already announced the committee's investigation,
05:11.0
giving it the discretion to recommend to the whole House how to discipline their colleague.
05:15.0
On Thursday, a member of the House Ethics Panel sought no reason to grant the extension request.
05:21.0
Kailangan meron namang justification, yung reasonable na dahilan bakit siya nag-leave
05:28.0
kasi kailangan kasi pumasok kami.
05:31.0
Responsibilidad namin sa aming constituents na i-representa sila dito sa House of Representatives.
05:38.0
Castro says the panel will await the lawmaker's response in the next five days.
05:42.0
She also appealed to her colleague to come back.
05:45.0
RG Cruz, ABS-CBN News.
05:48.0
Philippine investigators recommend charges against 20 members of the Tau Gamma Phi fraternity
05:54.0
tagged in the death of university student John Matthew Saliling.
05:57.0
Three of them say they're being threatened by their fraternity brothers
06:01.0
after offering to help in the investigation.
06:03.0
This report from Nico Bawa.
06:07.0
The NBI has recommended to the DOJ the filing of anti-hazing law charges
06:12.0
against 20 officials and members of the Tau Gamma Phi fraternity.
06:16.0
Three of them aided the NBI in the investigation
06:19.0
and identified the fratmen who planned the initiation rites,
06:22.0
those who hit John Matthew Saliling with a paddle,
06:25.0
and the fratmen who brought his body from Paranaque to Cavite where he was buried.
06:30.0
Ferdie, one of the fratmen, sends his apologies to Saliling's family
06:34.0
and has agreed to be a witness in the case.
06:36.0
Sorry po. Ngayon lang po.
06:38.0
Lumit ako kasi.
06:39.0
Ganoon na rin po. Nadaan na rin po ko sa takot po eh.
06:42.0
Kasi pinagbandahan po kami na once na lumabas po,
06:45.0
kasi may mangyayari po sa aming masama.
06:47.0
He regrets joining the fraternity,
06:49.0
especially since he also underwent hazing from his brothers.
06:53.0
He says the violence must stop.
06:55.0
Lahat po ng plano ko, parang bigla pong gumulong.
06:58.0
Ferdie admits he still fears that the fraternity
07:01.0
might follow through with their threats
07:03.0
now that he has cooperated with the authorities.
07:06.0
Masatakot rin naman po.
07:08.0
Kailangan po si Bayan nalang po yung loob eh.
07:11.0
Para ma-ano po si Matt, mabigyan po ng justisya.
07:14.0
Nards, one of the fathers of the fratmen
07:17.0
has agreed for his son to become a witness in the case.
07:19.0
The information from the fraternity's group chat
07:22.0
corroborated his son's claim that he insisted
07:25.0
that Salilig should've been brought to the hospital,
07:27.0
which was countered by the fraternity's officers.
07:30.0
Naging kasalan lang po ng anak po eh.
07:32.0
Talagang naging member lang siya.
07:34.0
Pero lahat po ng pagkakataon,
07:36.0
talagang gusto niya mabuhayin eh.
07:39.0
Talagang sine-PR niya, lahat ang ginawa niya.
07:43.0
Pero siyempre, member lang siya.
07:45.0
Takot siya sa mga officer.
07:47.0
Ang masusunod pa rin, officer.
07:49.0
One of the witnesses wants the authorities to consider
07:52.0
that he reported to the authorities
07:54.0
four days after Salilig died
07:56.0
and helped in the search for his body.
07:58.0
The witnesses will remain under the NBI's protective custody
08:02.0
because of the threats they allegedly received.
08:05.0
Nico Bawa, ABS-CBN News.
08:09.0
A scrap ship turned into an oil tanker.
08:12.0
That's how Philippine Justice Secretary Jesus Crispin Remullia
08:15.0
described the empty Princess Empress
08:18.0
that sunk near Oriental Mindoro
08:20.0
and is now leaking oil.
08:22.0
It was also revealed that the oil spill
08:24.0
could have been prevented if the ship heeded gale warnings.
08:28.0
More details from Dennis Datu.
08:32.0
New findings on the sunken empty Princess Empress
08:35.0
which caused an oil spill in Oriental Mindoro.
08:38.0
Justice Secretary Boeing Remullia says
08:41.0
the tanker was not a brand new vessel
08:44.0
as initially claimed by the owners
08:46.0
but was actually a rebuilt scrap ship.
08:49.0
Mayroon misrepresentation sa Sinulat, Sapol
08:52.0
noong nangyari itong kasong ito.
08:57.0
Noong unang meeting namin noong Sabado,
08:59.0
ang bitaw pa sa amin ng salita na
09:02.0
ang sinabi lang nila sa Coast Guard
09:04.0
ay bagong bago itong barkong ito.
09:07.0
At hindi pa na siya bago.
09:08.0
Ito yung luma na, scrap na.
09:11.0
Scrap na siya, nang nirebuilt.
09:14.0
Unang nirebuilt para maging RPG carrier
09:18.0
tapos nirebuilt na naman,
09:20.0
pinahaba para maging tanker.
09:23.0
Remullia says they have an affidavit
09:26.0
executed by a witness to prove this.
09:29.0
Remullia adds there were already gale warnings
09:32.0
last February 27 but the tanker proceeded to sea.
09:36.0
February 27 pa lang, mayroon ng gale warnings.
09:39.0
February 28, madaling araw, sinabihan na sila
09:42.0
maano ang karagatan, medyo mahirap,
09:49.0
daanan, daanan, pero hindi pinansin,
09:53.0
tumuloy pa rin sila.
09:55.0
Meanwhile, the Philippine Coast Guard
09:57.0
accompanied members of the media
09:59.0
to the location of the sunken vessel
10:01.0
to let them witness firsthand what's being done
10:04.0
to contain the oil spill.
10:06.0
The Japan Coast Guard disaster relief team
10:09.0
also participated in the said activity.
10:12.0
Aside from the oil spill booms deployed
10:14.0
by the authorities within the area,
10:16.0
workers from Malayan Towage and Salvage Corporation
10:19.0
who were tapped by the vessel owner
10:21.0
continue to spray dispersants.
10:23.0
According to them, they can collect 10 liters
10:26.0
up to 20 liters of thick oil per hour.
10:29.0
They are also applying a technique taught
10:31.0
by the Japan Coast Guard to easily break apart
10:34.0
thick oil deposits.
10:35.0
Ang inadvised daw po nila ay yung tugboat,
10:38.0
sa nakita niyo po na magbibigay ng dispersal
10:43.0
sa oil, at sa likod po nila,
10:47.0
itong barco, bubulabugin po yung oil
10:52.0
para mabulabog po yung oil
10:54.0
habang ginagamit po nila yung water canyon.
10:58.0
Nakakatulong yung pag-spray ng tubig,
11:01.0
para panipisin niya yung makakapal na part ng oil
11:06.0
and mas madali siyang madisperse
11:09.0
pagka maliliit yung oil.
11:12.0
Kaya yun yung use niyong water canyons natin.
11:15.0
Ang paggamit ng dispersant,
11:17.0
yun yung last resort natin.
11:19.0
As much as possible,
11:21.0
ang gusto natin gawin ay
11:23.0
i-recover yung oil sa dagat.
11:27.0
Sa mabagitan po ng pag-skimming
11:32.0
and then yung manual na collection
11:35.0
dun sa mga na-collect natin gamit ang oil spill boom.
11:39.0
Oil deposits continue floating into the waters
11:42.0
and have already expanded up to 5 kilometers.
11:45.0
If not collected, this may soon reach the shores.
11:48.0
According to Philippine Coast Guard,
11:50.0
at least 6,603 liters of oily water mixture
11:55.0
and 57 sacks of contaminated materials
11:58.0
have been collected from the sea
12:00.0
and over 1,300 sacks and 22 grams of contaminated waste
12:05.0
from 13 barangays in Pola and Nauan.
12:08.0
The Japan Coast Guard Disaster Team meanwhile
12:10.0
lauds the effort exerted by the Philippine Coast Guard
12:13.0
to contain the oil spill.
12:15.0
We also acknowledge that these measures
12:19.0
taken by the PCG and the Philippine authorities
12:23.0
have been contributing to mitigating the damage
12:28.0
from this disaster.
12:30.0
On Thursday morning, a substantial amount of oil spill
12:33.0
was detected in Herrera Village in Nauan Town
12:37.0
while traces of oil were found along the shores of Situ Tujud.
12:41.0
Dennis Datu, ABS-CBN News, Oriental, Mindoro.
12:47.0
Philippine senators pushing for constitutional amendments.
12:50.0
Brief civic groups in Cebu province
12:52.0
on details of their proposal.
12:54.0
But the Senate president voices his suspicion
12:57.0
over the aggressive push for charter change.
12:59.0
More details from Sherry Ann Torres.
13:04.0
Charter change proponents, Senator Robin Padilla,
13:07.0
consulted various Cebu-based groups Thursday
13:10.0
about their thoughts on a hybrid constitutional convention
13:14.0
recently approved by the lower house
13:16.0
compared to a constituent assembly
13:18.0
which is his preferred vehicle to amend the charter.
13:21.0
He was joined by PDP Laban partymate,
13:23.0
Senator Ronald de la Rosa.
13:25.0
Padilla argues only P46 million will be spent via CONAS
13:30.0
if it's held simultaneously
13:32.0
with the village and youth council elections in October.
13:36.0
But if it's done separately,
13:38.0
the cost balloons to more than P13 billion.
13:41.0
CONCON, according to Padilla,
13:43.0
will need a budget of over P14 billion
13:47.0
if it's part of local elections.
13:49.0
But the cost jumps to P28.5 billion
13:52.0
if conducted separately.
13:54.0
Padilla points out,
13:55.0
the amount can be used to bankroll
13:57.0
several government initiatives
13:59.0
like supporting the pension of indigent senior citizens,
14:02.0
paying for healthcare workers,
14:04.0
or funding the construction of more than 11,000 classrooms.
14:09.0
Everyone should hear,
14:11.0
especially those who are looking for a living
14:15.0
and serving their countrymen,
14:18.0
that P14.7 billion to P28.5 billion
14:26.0
will be spent in CONCON.
14:33.0
Padilla notes,
14:34.0
relaxing the constitution's conservative economic provisions
14:37.0
is crucial to attract foreign investors.
14:40.0
An argument disputed by Senate President Juan Miguel Zubiri.
14:44.0
Zubiri maintains,
14:45.0
government only needs to fully implement
14:47.0
the Public Services Act,
14:49.0
the Trade Liberalization Act,
14:51.0
and the Foreign Investment Act.
14:53.0
The three new economic laws aim to attract more investments.
14:57.0
These also led him to question the delay
14:59.0
in the release of the implementing rules
15:01.0
and regulations of these laws.
15:03.0
Are they delaying it for some underlying reason?
15:06.0
Why don't they already let IRR go
15:09.0
and let it out
15:10.0
so that more foreign direct investments
15:12.0
can come to the country?
15:13.0
Congressman Rufus Rodriguez,
15:15.0
chairman of the House Committee on Constitutional Amendments,
15:18.0
called Zubiri's statements foul,
15:20.0
adding that it is pure speculation.
15:23.0
Rodriguez further argues,
15:25.0
the House has no control over the executive agencies
15:28.0
tasked to implement the three laws
15:30.0
by issuing implementing rules and regulations.
15:33.0
House Speaker Martin Romaldes, on the other hand, says,
15:36.0
their quick work in the lower house
15:38.0
is in the interest of improving the economy
15:41.0
and not for politics.
15:43.0
Former Economic Planning Secretary Ernesto Perna
15:46.0
sides with Zubiri,
15:47.0
saying government should wait for the economic laws
15:50.0
to be fully implemented.
15:51.0
He adds,
15:52.0
the Regional Comprehensive Economic Partnership, or RCEP,
15:55.0
must also be supported
15:57.0
because of its huge trade benefits.
15:59.0
RCEP aims to establish clear rules
16:02.0
in doing trade and investments in the region
16:04.0
so that it will be more convenient and competitive
16:07.0
for Philippine business and investors.
16:10.0
I would suggest that we first attend
16:13.0
to these three bills
16:15.0
that have already been passed in Congress
16:18.0
but lack of push and implementation.
16:22.0
On Monday, Padilla will continue
16:24.0
his Hong Kong consultation hearing
16:26.0
along with congressmen.
16:28.0
Sharyann Torres, ABS-CBN News.
16:34.0
Pilipino authorities on Thursday
16:36.0
destroyed a batch of confiscated illegal drugs
16:39.0
worth nearly 20 billion pesos.
16:41.0
The move follows a revelation
16:43.0
by the Anti-Narcotics Chief
16:45.0
that a portion of drugs seized during operations
16:48.0
is allegedly sought by their informants as a reward.
16:51.0
Details in this report.
16:55.0
The Philippine Drug Enforcement Agency
16:57.0
destroyed 3.7 tons of illegal drugs
17:00.0
worth almost 20 billion pesos on Thursday.
17:03.0
These include 500 kilos of illegal narcotics seized
17:06.0
from Chinese nationals in Candelaria, Zambales
17:09.0
last September 2021
17:11.0
and almost 1,000 kilos of drugs confiscated
17:15.0
from Police Master Sergeant Rodolfo Mayo Jr.
17:18.0
last October 2022.
17:20.0
The drugs were destroyed through thermal decomposition
17:23.0
inside an integrated waste management facility
17:26.0
in Trece Martires, Cavite.
17:29.0
Thermal decomposition involves
17:31.0
breaking down chemical compounds
17:33.0
with tremendous heat.
17:51.0
With this, the PDEA hopes to erase the impression
17:54.0
that confiscated narcotics are being recycled.
18:02.0
As you can see the process.
18:06.0
Allegations were raised during an executive session Tuesday
18:09.0
that some informants are being rewarded with illegal drugs.
18:13.0
Assets, they call it basura.
18:18.0
Binibigyan ng shabu or part of the evidence
18:23.0
for the assets to sell it to the streets.
18:26.0
At kapag naging cash na ito, na-convert na into cash,
18:29.0
binabalik ito doon sa mga operatives
18:32.0
ng PNP at saka ng PDEA.
18:35.0
Doon siya magkakaroon ng prosiento.
18:38.0
PDEA officials have denied such a practice exists.
18:41.0
Officials maintain only monetary incentives
18:44.0
are given to assets or informants.
18:47.0
Yun lang ang authorized by law.
18:49.0
Kaya nga sinabi ko sa kanila na hindi pwede.
18:53.0
Sinabi ko sa kanila na sa akin hindi pwede, sabi ko.
18:57.0
Monetary reward lang kaya kong ibigay sa inyo.
19:01.0
Bigyan lang natin.
19:02.0
Hindi naman masamang magbigay niyong reward
19:04.0
doon sa mga informante, but hindi drugs.
19:07.0
And it should be properly documented.
19:13.0
Up next, Russia warns it will defend itself
19:16.0
against US drones that allegedly threaten its sovereignty.
19:20.0
The World Tonight returns after this short break.
19:27.0
Up next...
19:57.0
Up next...
20:28.0
We're back on The World Tonight.
20:30.0
Philippine President Marcos Jr.
20:32.0
touts progress in achieving his campaign promises
20:35.0
as he inaugurated projects in the bailiwick
20:38.0
of his former election rival Lenny Robledo.
20:41.0
Joyce Balanchio reports.
20:44.0
During his first visit to the province of Camarines Sur
20:48.0
as the country's chief executive,
20:50.0
President Ferdinand Marcos Jr.
20:53.0
led the launching of the Cadiwa Market
20:56.0
in the town of Pili.
20:57.0
He took note of the cheaper prices of rice
21:00.0
and other agricultural products,
21:02.0
most of which came from the farmers
21:04.0
and agricultural cooperatives in the province.
21:07.0
Makikita ninyo yung alibawa, yung bigas,
21:12.0
yung aking pangarap na sinabi nung bago akong upo
21:18.0
na sana mapababa natin ang presyo ng bigas
21:23.0
ng 20 piso.
21:25.0
Hindi pa tayo umabot doon.
21:27.0
Dahan-dahan palapit.
21:28.0
Dasa 25 piso na lang tayo.
21:30.0
Konti na lang.
21:32.0
May bababa natin yan.
21:34.0
NFA rice is being sold at 25 pesos in the Cadiwa,
21:38.0
but in other markets in the province,
21:40.0
the price of local rice ranges from 34 to 42 pesos per kilo.
21:45.0
Marcos says he hopes to see the prices lowered
21:48.0
to 20 pesos soon.
21:50.0
Yesterday if not sooner.
21:51.0
Lahat ng timetable ko yesterday if not sooner.
21:54.0
Lahat yan asap.
21:56.0
I don't know. We'll see. We'll see.
22:00.0
Kasi minamalas din tayo sa weather.
22:04.0
Kaya hindi mo matiyak kung ano yung magiging production,
22:08.0
ano yung magiging supply.
22:10.0
He admits the Department of Agriculture
22:12.0
has not yet implemented its other programs
22:15.0
as it is too focused on lowering the prices
22:18.0
of agricultural products.
22:20.0
Marcos says he plans to boost the production
22:23.0
so that government can stop importation.
22:26.0
We have to convert the Department of Agriculture
22:29.0
into a high-tech operation.
22:32.0
That's the only way to increase production.
22:35.0
So we have to bring the technology.
22:38.0
The technology exists.
22:40.0
Meanwhile, Marcos also handed over
22:42.0
to farmers cooperatives and associations
22:45.0
some equipment including rice combined harvester,
22:49.0
transplanter, dryer, and rice mill.
22:52.0
He also led the groundbreaking of two housing projects
22:55.0
of the government in Naga City.
22:57.0
Five residential towers equating to 11,800 units
23:01.0
will be constructed at Barangay Concepcion, Pequena,
23:05.0
while seven medium-rise buildings
23:07.0
comprising of more than 1,000 units
23:10.0
will be put up at Barangay Balatas.
23:12.0
The local government will choose
23:14.0
the beneficiaries of these housing units.
23:17.0
We will ensure that the residents here
23:20.0
will have sufficient opportunities
23:23.0
to earn a living and earn money.
23:26.0
We will also do things to bring the families
23:30.0
closer to education and medicine.
23:34.0
The truth is, there are no requirements.
23:37.0
The best thing is to become a member
23:39.0
so that it will be faster.
23:41.0
3,500 to 2,500 a month.
23:46.0
That's the amount of amortization.
23:49.0
We have interest subsidy
23:51.0
that our government gave
23:53.0
and we also have graduated amortization.
23:56.0
Camarines Sur is a known bailiwick
23:58.0
of Marcos' former rival, Lenny Robredo.
24:01.0
He, in fact, did not even campaign in the province
24:04.0
during the presidential elections.
24:06.0
The chief executive said he did not expect
24:09.0
to receive such warm welcome and support
24:12.0
from the residents of Camarines Sur.
24:14.0
My enthusiasm is because
24:16.0
I hope that they can see
24:18.0
that whatever we promised during the campaign,
24:22.0
we are really trying to fulfill
24:25.0
all of our promises.
24:27.0
To show appreciation for his support
24:29.0
even during the past years,
24:31.0
the provincial council passed a resolution
24:34.0
declaring Marcos as an adopted son
24:37.0
of Camarines Sur.
24:39.0
Joyce Balancho, ABS-CBN News, Camarines Sur.
24:46.0
The Philippines hopes its change in strategy
24:48.0
will help convince the International Criminal Court
24:51.0
Appeals Chamber to stop the ICC's drug war probe.
24:55.0
Solicitor General Minardo Guevara says
24:57.0
the appeal attacked what he called
24:59.0
legal errors committed by the ICC
25:02.0
pretrial chamber in its ruling
25:05.0
authorizing the resumption of the investigation.
25:07.0
The appeal pointed out
25:09.0
the ICC has no jurisdiction over the Philippines
25:12.0
and that the pretrial chamber
25:14.0
used the wrong standards
25:16.0
in admissibility assessment.
25:20.0
First of all, we emphasized
25:22.0
that the ICC has no jurisdiction
25:25.0
over the Philippines
25:27.0
when it authorized the commencement
25:29.0
of investigation.
25:31.0
When did that happen?
25:33.0
When the ICC authorized
25:35.0
the formal investigation
25:37.0
on the Philippine situation?
25:39.0
It was in September of 2021.
25:42.0
But you will note that the Philippines
25:46.0
withdrew from the ICC.
25:49.0
That withdrawal became effective
25:52.0
on March 17 of 2019.
25:55.0
Our second major argument here
25:58.0
is the standards
26:00.0
that the pretrial chamber applied
26:02.0
in assessing
26:04.0
if the Philippine situation
26:06.0
is admissible
26:08.0
in the ICC
26:10.0
is not the correct standard.
26:12.0
Because the standard used
26:14.0
by the pretrial chamber
26:16.0
is for the admissibility question
26:18.0
for a concrete case.
26:21.0
Concrete case meaning
26:23.0
there is a specific person
26:25.0
who is being indicted
26:28.0
or prosecuted
26:30.0
for a particular conduct or crime.
26:34.0
But the National Union of People's Lawyers
26:36.0
slams the government's move
26:38.0
to appeal the resumption
26:40.0
of the ICC's probe
26:41.0
into Duterte's drug war.
26:43.0
For NUPL Secretary General
26:45.0
Cristina Conte,
26:46.0
drug war-related investigations
26:48.0
in the Philippines
26:49.0
are clearly insufficient.
26:52.0
The investigations in the Philippines
26:54.0
are clearly characterized
26:57.0
by one, looking at individual
26:59.0
culpability of low-ranking
27:01.0
police officers.
27:03.0
Second, looking at
27:05.0
the individual cases
27:07.0
or killings or homicides
27:09.0
or sometimes in the 52 reports
27:11.0
there were just arrests.
27:13.0
And then thirdly,
27:15.0
these killings are not looking
27:17.0
at the overall perspective
27:19.0
of the killings.
27:20.0
These cases have been cherry-picked.
27:22.0
They are not characteristic
27:24.0
or an embodiment
27:26.0
of what happened
27:27.0
in the entire Philippines.
27:31.0
A senior Philippine police officer
27:33.0
and 12 office men
27:34.0
are relieved after they were implicated
27:36.0
in alleged extortion activities.
27:38.0
The head of the Criminal Investigation
27:40.0
and Detection Group in Metro Manila,
27:42.0
Colonel Hansel Marantan,
27:44.0
is among 13 policemen
27:45.0
facing possible criminal
27:47.0
and administrative charges.
27:48.0
The allegations of extortion
27:50.0
stem from Monday's arrest
27:52.0
of several Filipino-Chinese
27:53.0
allegedly involved in illegal gambling.
27:55.0
One of them claimed
27:56.0
they paid an unspecified amount
27:58.0
of cash for their release.
28:00.0
The police raiding team
28:01.0
also allegedly seized
28:02.0
three million pesos worth
28:04.0
of jewelry and cash
28:05.0
from the arrested suspects.
28:13.0
American and Russian
28:14.0
security officials hold
28:16.0
rare phone conversations
28:18.0
following the crash
28:19.0
of a U.S. surveillance drone
28:21.0
that was intercepted
28:22.0
by Russian jets.
28:24.0
The Russian defense minister
28:25.0
spoke to his U.S. counterpart,
28:27.0
Lloyd Austin.
28:28.0
Sergei Shoigu told Austin
28:31.0
that American drone flights
28:32.0
over Crimea's coast
28:34.0
were provocative
28:36.0
and could lead to an escalation
28:38.0
in the Black Sea zone.
28:40.0
Austin declined to offer
28:41.0
any details on the call,
28:43.0
but he said the U.S.
28:44.0
intends to continue flying
28:46.0
where international law allows.
28:48.0
America's military chief
28:50.0
believes the downing of the U.S. drone
28:53.0
is part of a pattern.
28:55.0
Moscow has accused Washington
28:57.0
of ignoring established limits
28:59.0
on flights in the Black Sea region.
29:02.0
U.S.-Russia relations
29:03.0
are at their lowest point in decades.
29:06.0
Tuesday's drone incident
29:07.0
was the first known
29:08.0
direct U.S.-Russia encounter
29:10.0
since Moscow's invasion
29:12.0
of Ukraine a year ago.
29:21.0
Asian markets fell Thursday
29:22.0
due to persistent fears
29:23.0
of a global banking crisis.
29:26.0
This report tells us
29:27.0
Philippine shares
29:28.0
were not spared from the sell-off.
29:32.0
Asian stocks slid on Thursday
29:34.0
as investors turned
29:35.0
to the safety of gold,
29:37.0
bonds, and the U.S. dollar
29:39.0
after credit sweeps
29:40.0
became the latest focus
29:41.0
of fears of a banking crisis.
29:44.0
Markets also on edge
29:46.0
ahead of a European central bank meeting.
29:49.0
Here at home,
29:50.0
the Philippine Central Bank says
29:52.0
the Philippine banking system
29:54.0
has no reported exposures
29:56.0
to Silicon Valley Bank,
29:57.0
one of the U.S. banks that collapsed.
30:00.0
It adds the local banking system
30:02.0
continues to exhibit safety,
30:04.0
soundness, and resilience.
30:07.0
But it also assures the public
30:09.0
it will continue
30:10.0
to monitor the developments
30:12.0
both in the international
30:13.0
and domestic markets.
30:15.0
The Philippine Stock Exchange
30:16.0
joined the regional slump
30:18.0
with the main index
30:19.0
shedding nearly a percent
30:21.0
to remain at the 6,400 level.
30:24.0
Value turnover
30:25.0
hit 6.6 billion pesos.
30:28.0
Mico Sayo,
30:29.0
founder of Tupitero.com, says
30:31.0
the market is still concerned
30:33.0
about how the collapse
30:34.0
of several U.S. banks
30:36.0
will affect
30:37.0
the U.S. Federal Reserve decision
30:39.0
on interest rates.
30:41.0
The Fed's next policy review
30:43.0
will be on March 21 to 22.
30:46.0
The market was quite certain
30:48.0
the terminal rate
30:49.0
was going to be this much,
30:50.0
but now it's uncertain again.
30:52.0
And that has really led
30:53.0
to the weakness of the markets
30:55.0
in the last few weeks.
30:56.0
But in the last few days,
30:58.0
the market became a lot weaker
31:01.0
and we're exacerbated
31:02.0
by all these banking concerns abroad,
31:06.0
especially on what happened
31:09.0
to Europe overnight.
31:13.0
The Fed's decision
31:14.0
will be factored
31:15.0
into the Philippine central bank's
31:17.0
monetary policy meeting.
31:19.0
BSP Governor Felipe Emedalia
31:21.0
earlier said
31:22.0
they could consider
31:23.0
raising borrowing costs
31:25.0
by 25 or 50 basis points.
31:28.0
We saw inflation drop
31:29.0
from 8.7 to 8.6 last month.
31:33.0
We at AP Securities
31:36.0
were expecting
31:38.0
the Banco Central
31:39.0
to raise interest rates
31:41.0
by merely 25 basis points
31:42.0
on the next meeting.
31:44.0
In corporate news,
31:45.0
Prime Infrastructure Capital
31:47.0
is aiming to put new wells
31:49.0
at the Philippines's
31:50.0
only major natural gas project
31:53.0
into commercial operation in 2026.
31:56.0
Reuters reports
31:57.0
the holding firm
31:58.0
also eyes several energy projects,
32:01.0
including an investment
32:02.0
of at least 200 billion pesos
32:04.0
in solar power
32:06.0
and battery energy storage systems
32:08.0
ahead of its planned IPO this year.
32:12.0
Our final word tonight
32:13.0
is a quote from Marilyn Monroe.
32:16.0
Promises are worse than lies.
32:19.0
You don't just make them believe,
32:21.0
you also make them hope.
32:25.0
And that is The World Tonight,
32:27.0
the 16th of March, 2023.
32:29.0
I'm Vivian Gulia.
32:30.0
I'm Tony Velasquez
32:31.0
from the Philippines.
32:33.0
Thank you.
32:34.0
Mabuhay!
32:41.0
Thank you for watching!
32:42.0
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32:44.0
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