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UrbanMount
Lately I have heard a lot of things in the news about money and various things, but as me being a teen, I do not naturally care for this sort of topic. But I now want to catch myself up on economics and what is happening with the dollar, gas, taxes, and the housing market.
If you could point me to a web site that will give me a brief overview of today's happenings, that would be greatly appreciated. I do not necessarily want major details, just a broad overview.
Answer
Sure - here are some sites there you can always find latest economic news:
http://edition.cnn.com/BUSINESS/archive/
http://www.businessweek.com/
http://news.bbc.co.uk/2/low/business/default.stm
http://www.euronews.eu/index.php?page=accueil_eco&lng=1
http://www.bloomberg.com/index.html?Intro=intro3
http://www.telegraph.co.uk/money/index.jhtml
http://www.cnbc.com/
http://www.reuters.com/finance
http://abcnews.go.com/business
http://www.ft.com/home/europe
Sure - here are some sites there you can always find latest economic news:
http://edition.cnn.com/BUSINESS/archive/
http://www.businessweek.com/
http://news.bbc.co.uk/2/low/business/default.stm
http://www.euronews.eu/index.php?page=accueil_eco&lng=1
http://www.bloomberg.com/index.html?Intro=intro3
http://www.telegraph.co.uk/money/index.jhtml
http://www.cnbc.com/
http://www.reuters.com/finance
http://abcnews.go.com/business
http://www.ft.com/home/europe
Possible overthrow of the dictator in the Philippines?
Q. The news is on right now here and it is sketchy.
Does anyone know, is Arroyo being overthrown by the pro-democracy group?
Malacanang is surrounded by the military and people would like to know who's side they will be on!
Please, if you know anything, tell us!
You said it happened on Thursday, it is presently 2:33 pm Thursday here now.
What you said so far is very informative and the news is starting to reflect just what you have said.
People are glued to their TV sets and you can hear laughter and cheering all over town!
There is another rumor out now, that Arroyo and her husband are trying desperately to negotiate so they can escape to Europe, but for what reason is still unclear.
One can only speculate at this point.
Does anyone know, is Arroyo being overthrown by the pro-democracy group?
Malacanang is surrounded by the military and people would like to know who's side they will be on!
Please, if you know anything, tell us!
You said it happened on Thursday, it is presently 2:33 pm Thursday here now.
What you said so far is very informative and the news is starting to reflect just what you have said.
People are glued to their TV sets and you can hear laughter and cheering all over town!
There is another rumor out now, that Arroyo and her husband are trying desperately to negotiate so they can escape to Europe, but for what reason is still unclear.
One can only speculate at this point.
Answer
This is the latest I think:
MANILA (Reuters) - About a dozen uniformed Philippine soldiers on trial for a failed 2003 mutiny walked out of court on Thursday and set up camp in a luxury hotel in Manila's financial district, calling for the overthrow of the government.
There was no violence but the soldiers included a senator who led an attempt to overthrow President Gloria Macapagal Arroyo in 2003 and they were joined by former vice-president Teofisto Guingona.
Senator Antonio Trillanes, speaking earlier on local television, urged people to join the rebel soldiers in the Makati financial district.
Trillanes was a navy officer when he led the attempted coup.
Mobile text messages in Manila urged people to gather at the Peninsula Hotel, which is around the corner from the stock exchange.
Another mutineer Brigadier Danilo Lim, a former commander of the elite Scout Rangers unit, said the group was taking control of government.
"We make this fateful step of removing Mrs. Macapagal Arroyo from the presidency and undertake the formation of a new government," Lim said in a press conference at the Peninsula Hotel.
GUARDS JOIN DEFENDANTS
Around two dozen soldiers, some armed, took up positions in the hotel's palatial lobby while guests continued to sip coffee and take lunch.
They included the dozen soldiers on trial for the 2003 mutiny, along with their guards at the courthouse who were supposed to prevent the kind of escape that transpired on Thursday.
Troops stationed at the base of the lobby staircase refused to let Manila's police chief pass.
Some of the soldiers wore red armbands with a sun logo, similar to an insignia worn during the mutiny in 2003, when junior officers took over a luxury apartment tower in the financial district. That coup bid ended peacefully.
Arroyo ordered the army to re-arrest the soldiers and military chief General Hermogenes Esperon said all means would be used.
"I directed the national capital regional commander to address the situation and use force if needed," Esperon told reporters in Zamboanga City, where he was visiting troops.
A Reuters reporter saw at least five truckloads of navy men around the hotel.
The police were put on full alert and radio reports said Arroyo had called an emergency cabinet meeting.
"IT HURTS THE COUNTRY"
Arroyo, deeply unpopular due to long-running corruption allegations, has survived at least two coup plots and three impeachment bids because of a jaded middle class that is sick of political instability, and a strong majority in the lower house.
The stock market and the peso pared earlier gains on the soldiers' actions.
The main index finished up 1.17 percent after earlier climbing 2.8 percent.
"It hurts the whole country," Vivian Yuchengco, a director of the Philippine Stock Exchange, said. "People like that should be thrown in jail."
The peso was quoted at 42.97 against the dollar compared to Wednesday's close at 42.86.
The leaders of the group marched into the Peninsula Hotel after breaking a glass door to get in, according to local television but guests were unperturbed.
"We are not scared. We are used to this government. Our only problem is how to get out because there are navy trucks outside," said Ed Castro, who was having lunch at the hotel.
(Additional reporting by Raju Gopalakrishnan, Rosemarie Franciso and Manny Mogato; editing by Carmel Crimmins and Bill Tarrant)
This is the latest I think:
MANILA (Reuters) - About a dozen uniformed Philippine soldiers on trial for a failed 2003 mutiny walked out of court on Thursday and set up camp in a luxury hotel in Manila's financial district, calling for the overthrow of the government.
There was no violence but the soldiers included a senator who led an attempt to overthrow President Gloria Macapagal Arroyo in 2003 and they were joined by former vice-president Teofisto Guingona.
Senator Antonio Trillanes, speaking earlier on local television, urged people to join the rebel soldiers in the Makati financial district.
Trillanes was a navy officer when he led the attempted coup.
Mobile text messages in Manila urged people to gather at the Peninsula Hotel, which is around the corner from the stock exchange.
Another mutineer Brigadier Danilo Lim, a former commander of the elite Scout Rangers unit, said the group was taking control of government.
"We make this fateful step of removing Mrs. Macapagal Arroyo from the presidency and undertake the formation of a new government," Lim said in a press conference at the Peninsula Hotel.
GUARDS JOIN DEFENDANTS
Around two dozen soldiers, some armed, took up positions in the hotel's palatial lobby while guests continued to sip coffee and take lunch.
They included the dozen soldiers on trial for the 2003 mutiny, along with their guards at the courthouse who were supposed to prevent the kind of escape that transpired on Thursday.
Troops stationed at the base of the lobby staircase refused to let Manila's police chief pass.
Some of the soldiers wore red armbands with a sun logo, similar to an insignia worn during the mutiny in 2003, when junior officers took over a luxury apartment tower in the financial district. That coup bid ended peacefully.
Arroyo ordered the army to re-arrest the soldiers and military chief General Hermogenes Esperon said all means would be used.
"I directed the national capital regional commander to address the situation and use force if needed," Esperon told reporters in Zamboanga City, where he was visiting troops.
A Reuters reporter saw at least five truckloads of navy men around the hotel.
The police were put on full alert and radio reports said Arroyo had called an emergency cabinet meeting.
"IT HURTS THE COUNTRY"
Arroyo, deeply unpopular due to long-running corruption allegations, has survived at least two coup plots and three impeachment bids because of a jaded middle class that is sick of political instability, and a strong majority in the lower house.
The stock market and the peso pared earlier gains on the soldiers' actions.
The main index finished up 1.17 percent after earlier climbing 2.8 percent.
"It hurts the whole country," Vivian Yuchengco, a director of the Philippine Stock Exchange, said. "People like that should be thrown in jail."
The peso was quoted at 42.97 against the dollar compared to Wednesday's close at 42.86.
The leaders of the group marched into the Peninsula Hotel after breaking a glass door to get in, according to local television but guests were unperturbed.
"We are not scared. We are used to this government. Our only problem is how to get out because there are navy trucks outside," said Ed Castro, who was having lunch at the hotel.
(Additional reporting by Raju Gopalakrishnan, Rosemarie Franciso and Manny Mogato; editing by Carmel Crimmins and Bill Tarrant)
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