Tag: credit

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The Country’s Credit Rating Shuns Debt Scare Propaganda

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By: Elena Grace Flores





SMNI News
[VIDEO]: Atty. Roque on the country’s credit rating



Credit versus Loans

Atty. Harry Roque hails the economic team of President Ferdinand R. Marcos, Jr. He said that the Philippines retains its high credit rating. This shows that the loans incurred did not surpass the line that can make payments unbearable. In other words, they are still very much manageable.


Foreign Debts

Foreign debts must have the approval of the Central Bank. This is to make sure that the country won’t borrow more than the currency reserves. The inflation rate will surge higher if the debts are harder to pay. Besides exports and OFW remittances contribute to the dollar reserves.



Increase of Money Supply

Printing more money is not the answer to a nation’s financial hurdles. The value of the currency will lessen should more notes are printed contrary to the monetary reserves. Therefore, Atty Roque urges his fellow Filipinos to get into entrepreneurial ventures.



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The Credit Goes to Japan’s Expertise and Technology through JICA for the Philippines

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By: Elena Grace Flores





D’ EXSEKYUTIV TV
[VIDEO]: SM, Robinson, and Ayala Malls Issued EO No. 7 on Oct. 28 for the Optional Wearing of masks



The Credit Goes to Japan

There are many speculations that the Philippines is in a debt trap with China for its infrastructure development. But none of them is true. Japan generously gives credit to the Philippines even prior to the Marcos administration. They are fully supporting the projects hands-on. This is on top of the ADB provisions.


Infrastructure Development

The Metro Manila subway project and the new railway systems are something to look forward to in the Philippines. This is in conjunction with Japanese contractors through JICA. The Marcos administration continues the partnership with Japan and gives credit to their expertise and technology in the field.



Japan’s Support

The Japan International Cooperation Agency (JICA) lauds the Philippine Government’s efforts to fast-track its railway projects. It cites the role of infrastructure in national development by building the north-south backbone of Metro Manila and nearby areas and developing new growth centers. JICA is currently supporting five priority railway projects that started during the Duterte administration. It has a total loan commitment amounting to around JPY 595 billion. This covers the first tranche of the Metro Manila Subway Project, the North-South Commuter Railway (NSCR) Project (and the first tranche of the Extension Project), Metro Rail Transit Line 3 Rehabilitation Project, Light Rail Transit (LRT) Line 1 Cavite Extension Project, and LRT Line 2 East Extension Project.



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PBB Concentrates on Solving Big Problems while Detractors are Busy Getting Credit for Gossip

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By: Elena Grace Flores





FLASH NEWS PH
[VIDEO]: The President is not satisfied with the Middle Man’s Alleged Natural Cause of Death



Getting Credit on Gossip

President Bongbong Marcos said during a press conference that the police knows what to do in Percy Lapid’s case. Despite his concentrating on solving big problems, he still talks to DILG Secretary, Benhur Abalos, and Justice Secretary Boying Remulla 5 times a day while his detractors are busy getting credit for gossip.  That the media desperately escalates.  Perhaps to discredit him.


Toxicology Report

The toxicology report on the alleged middleman in the assassination of the said journalist came but the president is not satisfied with the result. There may be no poison found but the Filipino leader feels that it seems odd for him to die naturally given the circumstances. The anti-government calls him silent on the case but they also cannot get credit for being noisy without substance.



The Investigation Continues

Other forensic tests are ongoing and the investigation continues. PBBM does not want to interfere with the PNP’s job. He can only get in the way. The police know what to do, he added.  Police protection is also given to the people involved.



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Traitors’ Unseating the President Plan has No Credit with his High Satisfaction Rating

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By: Elena Grace Flores




UNTV News and Rescue
[VIDEO]: PBBM’s High Approval Rating for the First 100 Days



No Credit to Detractors

Despite some media misinterpretations of the loans obtained by the administration of President Bongbong Marcos, it receives a high approval rating in its first 100 days. The power struggle at Malacañang also did not matter. The anti-Marcos in the PDP Laban may have to go through the needle’s hole with the solid loyalists behind leaving no credit to the detractors at all.


High Approval Ratings

During the initial first 100 days of President Marcos, the administration gets the credit for the following ratings by Pulse Asia from Sept. 17 to 21:
Calamity Respons 78%
Covid 19 Response 78%
Promoting Peace in the country 69%
OFW Protection 68%
Anti-Criminality 67%
Law Enforcement 62%



The 31 Million Voters are Real

Some detractors float that the 31 million voters are not real. This is over social media because the loyalists are indeed a silent majority. Others claim that Duterte supporters who voted for Marcos are more than his followers. It may be true that they added to his votes but the calmness of his supporters could only mean that they believe in PBBM’s capacity to lead the country toward obtaining peace and progress.



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US Credit Ballooning Triggers the Return of the Gold Standard

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By: Elena Grace Flores




Filipino Future
[VIDEO]: The Strength of the US Dollar could be a sign for the return of the Gold Standard



Credit Ballooning

The American Dollar is fiat money, meaning it has no wealth equivalent. It is only based on credit. The high exchange rate of the currency signifies the ballooning of loans. It is a type of loan that does not fully amortize over its term. Since it is not fully amortized, a balloon payment is required at the end of the term to repay the remaining principal balance of the loan. The end of it would be the return of the Gold Standard that PBBM is a symbol of.


Dollar Exchange Rate Difference

The selling or ‘ask’ rate is the exchange rate at which sellers within the MARKET are willing to SELL. The bid or buying rate is always lower than the ask or selling rate. The difference between the two is known as the spread. This is why Russia and China do not trade using US dollars anymore. They prefer cash, not credit payments to avoid losses in the conversion rates.



PBBM’s Role

Philippine President Bongbong Marcos or PBBM holds the key to the wealth of humanity. These were the gold deposits of his father, the late President Ferdinand Marcos. So, the ringing of the bell at the New York Stock Exchange is a sign that a new currency system is about to happen.



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This is Why President Marcos Gives Credit to the Indonesian President

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By: Elena Grace Flores




ANC 24/7
[VIDEO]: Marcos thanks Indonesia for willingness to work with PH



Credit to the Indonesian President

Philippine President Ferdinand Marcos Jr. or popularly known as Bongbong meets with his Indonesian counterpart Joko Widodo during his inaugural state visit in Jakarta. This is his first time as president to have an official state visit to another country. The credit goes to the Indonesian President Joko Widodo who made the invitation.


President Widodo’s Warm Welcome

President Bongbong Marcos explains that he chooses Indonesia as his first international visit because both countries have almost the same culture. Not to mention the favorable geographical location. The warm welcome to talk about challenges in Asia signifies the right decision of the Filipino leader. Credit to the Indonesian leader who initiates the bilateral dealings this time.



Stability in Asia

Close in culture, ethnicity, and geography. Those are vital to the partnership as we try to emerge from the ill effects of the pandemic, said PBBM. Such an alliance can keep the stability of the relationship in the region. It feels like home for the Filipino president while staying in Jakarta.



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PBBM Gives Credit to Former President Fidel V. Ramos

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By: Elena Grace Flores




UNTV News and Rescue
[VIDEO]: PBBM: FVR is living a full life as a military officer and public servant



Living a Full Life

Former President Fidel V. Ramos lived a full life as a military officer and public servant, said President Bongbong Marcos. He gives credit to the deceased for everything that he has done to the country as the leader of the Filipinos. No mention of grudges whatsoever contrary to some negative social media posts. FVR died at 94.



A Thankful Nation

The legacy of his presidency will always be treasured, added PBBM. Unlike the detractors of his father, the president is generous enough in giving credit instead of looking at negative things in the past. He assures everyone that he will be remembered for his good deeds.



No Traces of Grudges

The late President Ramos opposed the burial of President Marcos’ father at the Heroes’ Cemetery. He was also instrumental during the EDSA revolution or mutiny, according to the military initiators. However, President Marcos remains gracious to the former president. A good start for the country towards unity indeed.



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President Bongbong Marcos is not Interested in Taking Credit, so he Gives it!

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By: Elena Grace Flores




ANC 24/7
[VIDEO]: We’ve been through times of bitter division but united we came through’: Marcos



Not interested in Taking Credit

The Marcos administration has a comprehensive plan in building infrastructure. His father built roads but his predecessor who deserves the credit, former President Rodrigo Roa Duterte built more. But to do better is not yet exhausted. Changes will happen immediately tomorrow, he promised. He will do better.


Your Dreams are Mine

All Filipinos dream of a better life. Your dreams are mine, said President Marcos. Today, we decide our future, he added. We want our children to grow up in a safe, peaceful and progressive country. We can make it come true by having faith on the Filipinos. The credit goes to the people.



Not Requiring More

PBM vows not to require more from the people but only cooperation. No excuses, just deliver. It was like that once upon a time. He searches for possible approaches by listening to the people. Extending hands to all Filipinos. Come and help turn the wheel, he urged the audience. Repair a house divided. Make it whole to stand by itself again. It may be rough but imagine PBBM walking with us.



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Credit to Susan Roces, 1960s Queen of Philippine Movies

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By: Elena Grace Flores




Showbiz Philippines
[VIDEO]: The Death of Susan Roces at 80



Susan Roces Deserves the Credit

The credit for the queen of Philippine movies in the 1960s only goes to Susan Roces or Susan Sonora Poe. She was kind and passionate. Her daughter, Senator Grace Poe confirmed this with great sorrow. However, they opt to celebrate her life because it was well lived.


The Supportive Wife of FPJ

The supportive wife of the late actor, FPJ remained at his side until the end. Their love affair was ideal for many. They both deserve the credit for that. Their family asks the understanding of the public to give them time to mourn. Arrangements will be announced at the soonest possible time.



Sudden Death

There are reports that Susan Roces died of heart attack. However, her family has yet to confirm this. Those people who knew her can only speculate because of her sudden demise. She was not ill or suffering from any discomforts prior to her passing.


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Comelec’s Bad Debate Credit May Lead to Jimenez and Arabe’s Suspension

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By: Elena Grace Flores




UNTV News and Rescue
[VIDEO]: Comm. Rey Bulay wants the Suspension of Jimenez and Arabe



Bad Debate Credit Suspension

Comelec Commissioner Rey Bulay, head of the Task Force Pilipinas Debate 2022, made the recommendation to Comelec Chairman Saidemen Pangarungan. He said that Comelec spokesman James Jimenez and Director Frances Arabe should be replaced temporarily. This is after the bad debate credit fiasco recently. They are both from the Education and Information Department (EID).


Temporarily Out of Media Exposure

The task force said that they “be temporarily relieved from any functions involving “media relation and exposure.” “Temporary replacements must be done” also. This is not to disrupt essential operations.” The elections is only a few days away. So, it is best to eliminate negativity.



Exception

However, the two may be allowed to continue other functions upon the approval of their committee heads. The bad debate credit fiasco can tarnish Comelec’s reputation. Thus, it is necessary to suspend the two Comelec officials. This is just temporary. But this issue seems to relieve most people.