Rappler's latest stories on No Reservations
Former U.S. Fed chairman Paul Volcker dies at 92 – media
In a career spanning the immediate post-War decades to the 2008 financial crisis, former US Federal Reserve chairman Paul Volcker advised US leaders from Richard Nixon to Barack Obama
U.S. Fed lowers key interest rate as 'insurance' against economic risks
'We took this step to help keep the US economy strong in the face of global developments,' says United States Federal Reserve Chairman Jerome Powell
Bangko Sentral cuts banks' reserve requirement anew to support growth
The Bangko Sentral ng Pilipinas doubles down on monetary measures to counter global headwinds
Bangko Sentral hits the gas for economic growth
The Bangko Sentral ng Pilipinas announces the lowering of the level of cash banks need to keep on the same week it slashed interest rates
U.S. Fed cuts key interest rate a quarter point, citing 'uncertainties'
The United States Federal Reserve lowers the benchmark interest rate by 25 basis points to a target range of 1.75% to 2%, but its policy committee is divided
U.S. sees 'modest' growth, businesses show 'near-term' optimism – Fed
The United States Federal Reserve cites trade concerns, but says majority of businesses remain optimistic about the near-term outlook
'What militarization?' AFP defends planned presence in schools
The military says soldiers would be 'engaging' students during information campaigns and lectures, not curtailing their academic freedom
Trump heads to G7 with potshot at French hosts over taxes
'I don't want France going out and taxing our companies.... And if they do that, we'll be taxing their wine,' says US President Donald Trump ahead of the G7 summit in France
Mandatory ROTC? Fix K to 12 program first, netizens say
Do you agree with lawmakers that making ROTC mandatory would instill a sense of nationalism and patriotism into the Filipino youth?
Gatchalian says ROTC bill to cost gov't P38 billion a year if passed
Senator Sherwin Gatchalian says the proposed Reserve Officers' Training Corps bill would cost the government nearly as much as the free tuition law
Bato dela Rosa flares up at activist during ROTC hearing
The senator flies into a rage when a youth activist contrasted the possible release of rape-murder convict Antonio Sanchez, with killings in the war on drugs
IMF tells Trump: It's not working
In unusually blunt language, the IMF blog post says US policy moves are counterproductive, won't achieve the desired results, and will slow the global economy
LIVE: Senate hearing on mandatory ROTC
President Rodrigo Duterte has asked Congress to ensure the passage of a bill that would make the Reserve Officers' Training Corps program mandatory for senior high school students
Gerald Anderson now a reservist for the Philippine Army
The actor graduates from a 3-day military training course at Camp Tecson, Bulacan
U.S. Fed cuts key interest rate to 'insure' against global uncertainties
US President Donald Trump wastes no time in attacking on Twitter, saying the US Federal Reserve's move falls far short of the 'aggressive rate-cutting cycle' he wants
U.S. Fed to join ranks of other central banks in stimulating economy
United States President Donald Trump will certainly cheer a rate cut, but economists are torn
After a year of Trump pressure, U.S. Fed struggles to communicate
The United States Federal Reserve suffers a number of awkward stumbles in communications, while facing repeated attacks from US President Donald Trump
Imee Marcos says she is against mandatory ROTC
(UPDATED) 'You don’t need to be a soldier to show your love for the country. There are other ways,' the neophyte senator says
Trump attacks US Fed, demands rate cut
In another Twitter outburst, Trump calls on the US Federal Reserve to 'Correct!' its overreach
The basics of single-origin coffee and how to appreciate it
Ready to learn a latte about how to taste and appreciate coffee like a true barista?
Zambales town opposes planned AFP Subic Naval Reservation
The proposed 300-million-square-meter development will leave only 30% of San Antonio's land area, and will disrupt the town's tourism industry
U.S. Fed to look 'carefully' at Facebook virtual coin Libra
Federal Reserve chairman Jerome Powell becomes the latest official to voice concern over the global virtual currency unveiled last week by Facebook
U.S. Fed opens door to rate cut amid growing 'uncertainties'
The US Federal Reserve says trade friction and slowing growth worldwide have led many central bankers to feel the case for an interest rate cut has 'strengthened'
DepEd supports mandatory ROTC – Briones
‘When the Japanese attacked Pearl Harbor through bombing, and then the Philippines was next, the first line of defense were the young ROTC graduates while our military forces were yet to be mobilized,’ says the education secretary
Senate: No time left to pass mandatory ROTC bill despite Malacañang urgency
'There is nothing in the certification which would shorten the debate on any measure,' says Senate Minority Leader Franklin Drilon
Duterte certifies as urgent bill on mandatory ROTC
President Rodrigo Duterte certifies Senate Bill No. 2232 as urgent, saying mandatory ROTC for Grade 11 and 12 students is needed to 'invigorate' the youth's 'sense of nationalism'
[EDITORIAL] #AnimatED: Pagbebrainwash at pagkukorap ng kabataan ang ROTC
Sa kagustuhang maaagang makontrol ang isip ng kabataan, ipapataw ang isang programang lumalabag sa karapatang pantao ng mga bata
Rare albino panda caught on camera in China
The spotless, red-eyed animal is photographed while trekking through the forest in Sichuan province
Bangko Sentral slashes reserve requirement for small banks
The Bangko Sentral ng Pilipinas slashes the amount small banks need to hold in their reserves – a move that is expected to free up some P20 billion in the economy
Duterte signs Bangko Sentral's gold bill into law
Under Republic Act No. 11256, gold from small-scale mining activities can be sold tax-exempt to the Bangko Sentral ng Pilipinas
House approves bill requiring ROTC for Grades 11, 12
If passed into law, the bill would make the Reserve Officers' Training Corps program mandatory for both male and female senior high school students
Bangko Sentral to cut reserve requirement in phases
(UPDATED) The Bangko Sentral ng Pilipinas will cut the reserve requirement ratio – or the amount banks need to hold on to in their reserves – by 200 basis points to 16% in 3 tranches
U.S. Federal Reserve leaves key rate unchanged amid mixed economic signals
The United States Federal Reserve votes unanimously to keep the benchmark interest rate in a range of 2.25% to 2.5%
U.S. Fed now expects no rate hikes in 2019
The United States Federal Reserve's surprising change of direction follows the 4 rate increases in 2018
Fed to hold fire on interest rates as world economy slows
Economists also expect the United States Federal Reserve to once again lower the number of rate hikes projected in 2019
[OPINION] Democracy under siege
We must ensure that more Defenders of Democracy are voted into office this year, and that the elections are free, clean, and peaceful. And that is a fight that is in the hands of the Filipino youth, Filipino parents, and all freedom-loving citizens.
House bill requiring ROTC for Grades 11, 12 one step away from passage
(UPDATED) If passed into law, the House bill would bar a senior high school student from graduating if he or she fails to complete the ROTC program
U.S. Federal Reserve assists Bangladesh over cyberheist case vs RCBC
'This agreement demonstrates that the New York Fed and Bangladesh Bank are aligned in the pursuit of recovering the funds and directing litigation against those who were complicit in or benefitted from the fraud,' says the US Federal Reserve Bank and Bangladesh's central bank
U.S. hands bank accounts to Venezuela's Guaido
Secretary of State Mike Pompeo has signed off on the order for Juan Guaido to control holdings in the Federal Reserve Bank of New York and federally insured banks
Trump downbeat on Fed as markets nosedive
President Donald Trump rails against the Federal Reserve amid a US stock market on track for its worst December since the Great Depression
Mandatory ROTC will expose students to corruption, says lawmaker
But both the education and defense departments are backing the proposal to require ROTC for senior high school students
Duterte to Congress: Require ROTC for grade 11, 12 students
The President says he may issue an executive order requiring ROTC, if it is legal to do so
U.S. Fed raises benchmark interest rate
US President Donald Trump says he is 'not happy' about the move of the central bank
Gov’t lost P2.6B in Caraga mining royalties from 2012-2016
The Commission on Audit recommends crafting a law that would impose royalties on mining companies that operate outside of Mineral Reservation Areas or MRAs
Philippines' forex buffer hits 3-year low in April
This is dragged by outflows arising from payments made by the national government for its maturing foreign obligations as well as the foreign exchange operations of the central bank
Sarah Chin: A zookeeper’s tale of turning passion into action
One Singaporean zookeeper proves that pursuing one’s passion is something worth doing
U.S. Fed to hold fire amid rising market sensitivity
Investors will be looking for signs of how concerned US officials appear to be about rising wages and inflation
PH economy reverts to hot money outflows of $545 million in February
The Bangko Sentral ng Pilipinas attributes the net outflows to investor concerns over the possibility of a US Federal Reserve rate hike
Bantay Dagat members help protect Albay ecotourism destination
These guardians of the sea ensure no fishermen would encroach in a 135-hectare marine reserve and fish sanctuary
BSP cuts banks' reserve requirement
The reserve requirement ratio for banks is lowered from 20% to 19%, a move seen to free up liquidity for a growing economy
