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2013 Official Philippine holidays: 4 long weekends!

September 3, 2012

Those complaining that the year 2012 had very few long holidays now have a reason to be happy about for next year.

With Malacanang Palace announcing the official dates of holidays in 2013, the next year will have at least 16 regular, special, and non-working holidays — leading to four (4) long weekends in March, August, November, and December next year.

It’s also possible that most people will take a 5th long weekend during Christmas week, since December 23, 2013 is a Monday and is “sandwiched” between the preceding weekend and the Christmas holidays.

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New PAGASA Rainfall Warning Signals: Yellow, Orange, Red

August 9, 2012

It was a laudable effort on the part of PAGASA to use color codes to simplify its Rainfall Warning System. However I instantly got confused and wondered why the “Green Warning” refers to the middle warning level when, in most cases, “green” is associated with nature and, thus, symbolizes balance and calmness. In fact, in traffic signals, the green light means “Go” or to continue with what you are doing.

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‘No Classes’ announcement – August 9 and 10, 2012

August 8, 2012

AuManila flood August 2012Several schools, colleges, and universities within and outside Metro Manila have already announced that classes have been suspended on August 9, 2012 (Thursday) and August 10, 2012 (Friday).

On August 9, some schools — including Claret School in Quezon City, Xavier School in Greenhills, San Juan, and De La Salle University in Taft, Manila — already said that there will be no more classes this week and will resume on Monday, August 13.

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2012 Dates of Official Philippine Holidays

May 9, 2012

Here’s a summary of the dates officially declared by the Philippine government as holidays for the year 2012.

Unlike in the past years when “Holiday Economics” was implemented, holidays are not anymore moved to the nearest Monday or Friday when they fall during the middle of the week or during the weekend. As a result, “long weekends” are now a rare occurrence.

Christmas Day, December 25, this year falls on a Tuesday. Christmas Eve, December 24, is a Monday and is not declared a holiday. Will the government give this as a Christmas gift to Filipinos and declare Christmas Eve an official holiday?

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Dow Jones posts biggest gain since 2009, but is it sustainable?

December 1, 2011

A coordinated response by the world’s leading central banks to the Eurozone crisis led U.S. stocks to score their biggest daily percentage gains yesterday (November 30), with three benchmark indices ending with at least a 4% gain.

The Dow Jones Industrial Average (DJIA) closed at 12,045.68, up 490.05 points or 4.24%. It was the Dow’s biggest one-day gain since March 23, 2009.

The S&P 500 also surged, ending the trading day up 51.77 points, or 4.33%, to 1,246.96. It was the S&P’s highest daily gain since August 11, 2011.

The tech-heavy Nasdaq Composite Index also soared yesterday closing at 2,620.34, up 104.83 points or 4.17%.

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Top 10 Countries with Highest Unemployment Rates

November 14, 2011

Without a doubt, the Philippines suffers from unemployment. Thousands of new graduates every year find it hard to land a job while some who have already graduated years ago are still looking for one.

The unemployed would rant and complain about their predicament but, apparently, the Philippines still has reasons not to worry too much. Filipinos, it appears, are comparably better off than the citizens of some countries who have been experiencing tremendously high unemployment rates during the past few years.

Take, for instance, Zimbabwe. As of 2009, the country’s unemployment rate is 97%. This figure means only three (3) out of 100 individuals looking for a job are able to get one. Even developed countries are not spared. European bigwigs such as Spain, Portugal, France, and Italy, for example, have higher unemployment rates than the Philippines.

The table below summarizes the top 10 countries with the highest unemployment rates in the world during the past 5 years.

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Steve Jobs, 56, dies from cancer

October 6, 2011

Steve Jobs is deadSteve Jobs, the legendary icon behind Apple Inc., is dead.

The company announced today that Steve Jobs has passed away after years of battling cancer.

In 2004, Jobs announced that he has been diagnosed with a cancerous tumor in his pancreas and in 2009, he was forced to get a liver transplant. After several years of failing health, Jobs resigned as CEO of Apple Inc. on August 24, 2011.

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[Top 10 Most Shocking Photos] 9/11 World Trade Center attacks

September 11, 2011

[PHOTOS] September 11, 2001 9/11 attack - WTC New YorkToday, exactly 10 years ago, is a day billions of people around the world will never forget.

On September 11, 2001, more than 3,000 people died when four airplane suicide attacks hit the United States. Primary targets were the two towers of the World Trade Center (WTC) in New York City and the U.S. Pentagon.

As we commemorate today the 10th anniversary of the said attacks, we relive the memories below in the 10 moving and very powerful images of the 9/11 terror attack in the World Trade Center.

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Only 38k Filipinos will become millionaires by 2015

September 6, 2011

Only 38,000 Filipinos or roughly 0.04% of the Philippine population will become millionaires (in US$) by the year 2015. This is according to a report published by Julius Baer, a Swiss private banking group.

The report determined which countries in Asia will produce the most number of high networth individuals, or people with net worth of at least US$1 million (PHP42.5 million).

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[PHOTOS] Hurricane Irene hits U.S. East Coast

August 29, 2011

Hurricane Irene lashes U.S. East Coast (New York, New Jersey, North Carolina)Hurricane Irene, the first major hurricane of the 2011 season, made landfall in the United States East Coast over the weekend causing at least 15 deaths, severe flooding, and widespread destruction in several U.S. states, with financial losses estimated to reach around $5-10 billion.

Hurricane Irene first made landfall over Eastern North Carolina and Southeastern Virginia on August 27 destroying buildings and leaving millions without power. It made its second landfall in New Jersey on August 28, the first hurricane to make a landfall in the Garden State in more than century. Its third landfall was in New York, where more than 370,000 residents were told to evacuate in anticipation of the hurricane.

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