The ANC Brief: Bombshell or dud?


Posted at Mar 26 2019 04:01 AM

Here are the stories ANC will be covering today:

The ANC Brief: Bombshell or dud? 1

Ex-cop tags Duterte adviser 
Former cop Eduardo Acierto claimed Michael Yang, an economic adviser of President Duterte, is involved in the drug trade. Specifically, according to Acierto, Yang and a certain Allan Lim are behind the big shabu lab in Davao City, the President’s hometown, that was discovered in 2004. Acierto himself has been linked to the drug trade. Is Acierto’s bombshell a dud? The Palace stood by Yang. President Duterte himself admitted that the drug problem in Philippines has worsened. Whose fault is that? 

Presidential spokesman Salvador Panelo admitted China controls the West Philippine Sea. He also said the China’s advantage on loans to the country is but natural. Senatorial candidate Neri Colmenares is guest on ANC's Early Edition to talk about a new documentary showing Filipino fishermen being harassed by the Chinese Coast Guard.

The ANC Brief: Bombshell or dud? 2

On the campaign trail
The opposition Otso Diretso candidates will be in Cebu with former President Benigno Aquino III to court votes in the province which has one of the biggest voting populations in the country. Administration Hugpong candidates will be in Antique. The Department of Interior and Local Government will hold a 10 a.m. press conference on the campaign for local positions.

Global concerns
Stocks slid on concerns on the global economic climate. The PSEi included. Fears of a slowdown might continue to weigh on the markets. There have been predictions of a global recession this year. What will make markets perk up? Will the slide continue?

The ANC Brief: Bombshell or dud? 3

Form follows function
Developing the Lopez estate required huge capital and high expertise in infrastructural development. It needed, most of all, architects who could put the Lopez vision into physical form. This urban transformation started in early 1963. The family began to build new homes for Meralco and Manila Chronicle in the same area—edifices that are as unembellished as they are modern—sparking a surge of energy for a new business and financial district.