The ANC Brief
May 11, 2018
Here are the big stories ANC will be covering today:
Today is Judgement Day for Chief Justice Ma. Lourdes Sereno. The Supreme Court is set to decide on the quo warranto petition filed against her. The deliberations start at 10 a.m. and are expected to be short. SC Spokesperson Ted Te is expected to hold a press conference afterward. Her supporters held a candlelight vigil overnight. At 4 a.m. a, Jericho march was held. There will be a series of protests at the Supreme Court. ANC will mount a special coverage starting 9:30 a.m. to break the result of the SC’s deliberations. Most of all, ANC will tackle the implications, both legal and political, of the decision.
The Palace said Filipino diplomats holed up in the Philippine embassy in Kuwait are expected to be released in 2 or 3 days. Also, there may be a partial lifting of the ban on deployment of OFWs in the Gulf state. ANC will continue to monitor developments there as Presidential Spokesperson Harry Roque and Labor Sec. Silvestre Bello are still in Kuwait.
The barangay and SK elections are scheduled for Monday. ANC will try to get more details on last-minute reminders to voters. At 10 a.m, the DepEd and the Comelec will give updates and at 2 p.m. there will be a press conference.
The Asia Maritime Transparency Initiative released a satellite picture of a military plane deployed to a reclaimed island in the Spratlys. Another photo shows military jamming equipment on Mischief and Fiery Reefs. ANC will get more perspective on this from various parties including Rep. Ruffy Biazon, who called for a House probe into the issue; former solicitor-general Florin Hilbay who was part of the country’s legal team which won the arbitral ruling on the South China Sea dispute; and Prof. Rommel Banlaoi.
For the first time in 4 years, the Bangko Sentral ng Pilipinas raised key interest rates in a bid to stem rising inflation. ANC’s business group will monitor its impact on the market. Or is it already factored in? The quo warranto petition against Sereno might also affect investor confidence. The Makati Business Club earlier cautioned against any move to unseat Sereno outside of constitutional bounds.