TODAY'S HEADLINES

Wreckage of Air Algerie plane found in northern Mali 25-Jul-14, 8:30 AM | Hamid Ould Ahmed and Tiemoko Diallo, Reuters

IMF cuts 2014 global growth forecast, sees rising risks 25-Jul-14, 8:17 AM | Jeremy Tordjman, Agence France-Presse

Phivolcs discovers dangerous earthquake zones in La Union 25-Jul-14, 4:13 AM | Philippine News Agency

UN rights panel tells Japan to compensate 'comfort women' 25-Jul-14, 5:47 AM | Stephanie Nebehay, Reuters

Lethal injection faces scrutiny in US after 2-hour execution 25-Jul-14, 8:16 AM | Chantal Valery, Agence France-Presse

Total savings pooled under DAP reached P237.5 billion - Abad 24-Jul-14, 7:36 AM | Ernie Reyes, InterAksyon.com (UPDATE 4 - 12:50 p.m.) Budget Secretary Florencio Abad on Thursday admitted that the total savings pooled under the controversial Disbursement Acceleration Program reached P237.51 billion, way above the figure initially revealed to the public.

Despite record economic growth, 'human development' yet to catch up in PH -- UN report 24-Jul-14, 5:48 PM | Rain Castro, InterAksyon.com The Philippines may be among Asia's fastest-growing economies, but 'human development' in the country is slow in improving.

Phivolcs discovers dangerous earthquake zones in La Union 25-Jul-14, 4:13 AM | Philippine News Agency The Philippine Institute of Volcanology and Seismology (Phivolcs) discovered on Thursday signs of possible dangerous earthquake and landslide zones in Barangay Nagyubuyuban in San Fernando City, La Union.

BUSINESS NEWS

Stocks edge up, US bonds slip on jobless data, earnings Stocks edge up, US bonds slip on jobless data, earnings Global stock markets inched higher while US debt prices fell on Thursday following unexpectedly low U.S. weekly jobless claims and stronger-than-expected US earnings from companies…

IMF cuts 2014 global growth forecast, sees rising risks IMF cuts 2014 global growth forecast, sees rising risks The International Monetary Fund warned Thursday that geopolitical risks in Ukraine and the Middle East are looming over a global economy already hit by slowdowns…

PLDT deal with global Internet company done in \ PLDT deal with global Internet company done in 'a few weeks', executive says The Philippine Long Distance Telephone Co's (PLDT) possible deal with a 'global internet company' may be done in a few weeks, its top executive said…

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OPEN LETTER FOR PNOY'S 5TH SONA | 'Give us justice or quit' - mothers of missing UP students 24-Jul-14, 1:04 PM | Erlinda Cadapan at Concepcion Empeno Kaming mga ina, kasama ang iba pang kaanak ng mga biktima ng sapilitang pagkawala, ay muling nananawagan at naggigiit ng katarungan para sa mga mahal naming hanggang sa kasalukuyan ay hindi pa nakikita. Iminumungkahi namin ang inyong pagbibitiw sa pwesto kung hindi ninyo ito kayang tugunan.

SC disputes Henares' plaint on SALN; source sees 'fishing expedition' by BIR 24-Jul-14, 7:44 PM | Brian Maglungsod, InterAksyon.com The Supreme Court takes issue with the statement of BIR Commissioner Kim Jacinto-Henares that its justices are exempting themselves from the SALN requirements.

Partisan lines clear at Senate DAP hearing; House solons say Abad spoke half-truths 24-Jul-14, 5:03 PM| Lira Dalangin Fernandez and Ernie Reyes, InterAksyon.com Partisan color showed through at the Senate Finance panel's marathon hearing on the DAP, with Sens. Franklin Drilon, Antonio Trillanes IV and Bam Aquino among the administration allies staunchly defending DAP. Partylist representatives said Palace allies used the hearing to 'deodorize DAP.

Aquino assures BBL to be pushed 'with conviction' 25-Jul-14, 10:49 AM| Philippine News Agency President Benigno Aquino III assured members of the Bangsamoro Transition Commission on Thursday that he will aggressively push for the enactment of the draft Bangsamoro Basic Law in Congress.

At least 15 die in Israeli shelling of Gaza school, Palestinian toll exceeds 800 25-Jul-14, 1:09 AM| Nidal Al-Mughrabi and Allyn Fisher-Ilan, Reuters (UPDATE - 7:40 a.m.) Gazan authorities said Israeli forces shelled a shelter at a UN-run school on Thursday, killing at least 15 people, and subsequent strikes brought the total Palestinian death toll in the conflict to more than 800 after one of the bloodies days in the conflict.

Wreckage of Air Algerie plane found in northern Mali 25-Jul-14, 8:30 AM| Hamid Ould Ahmed and Tiemoko Diallo, Reuters Authorities said they located the wreckage of an Air Algerie flight after it crashed in northern Mali carrying 116 passengers and crew, nearly half of them French, en route from Burkina Faso to Algeria.

FILED | Full text of 3rd impeachment complaint vs PNoy 24-Jul-14, 3:42 PM| InterAksyon.com A group of advocates on Thursday (July 24, 2014) filed the third impeachment complaint against President Benigno Aquino III, this time over the Enhanced Defense Cooperation Agreement (EDCA) forged under his watch with the US government. Full text of that 3rd complaint here.

Earthquake strikes Leyte 25-Jul-14, 8:59 AM| InterAksyon.com A magnitude 5.4 earthquake shook Leyte Friday morning and the Philippine Institute of Volcanology and Seismology said aftershocks could be expected. The US Geological Survey measured the tremor at magnitude 5.3.

 
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