TODAY'S HEADLINES

Gunman kills two NY police officers in Brooklyn 21-Dec-14, 7:26 AM | Jennie Matthew, Agence France-Presse

Israeli aircraft hit Gaza for first time since August 21-Dec-14, 1:46 AM | Agence France-Presse

Lacson resigns as rehab chief, effective February 2015 21-Dec-14, 11:16 AM | Ernie Reyes, InterAksyon.com

A series of tremors has Florence concerned for its 'David' 21-Dec-14, 8:02 AM | Agence France-Presse

Big corporations take advantage of post-Yolanda rehab, harass disaster victims - Church official 21-Dec-14, 10:11 AM | InterAksyon.com The public-private partnership framework of the government's rehabilitation program in Yolanda-hit areas are being used by big corporations for their own benefit, said a Church official in charge of helping survivors of the super typhoon recover from the disaster.

Government to hike LRT, MRT fares beginning January 4 20-Dec-14, 10:21 PM | Darwin G. Amojelar, InterAksyon.com Fares for LRT1 were last increased in 2003, while those for LRT2 and MRT3 have yet to go up since they started operations.

De Lima orders crackdown on privileged jailbirds 20-Dec-14, 3:52 PM | AGENCE FRANCE-PRESSE The Secretary of Justice warned that she would turn Bilibid prison 'upside down' if hidden contraband are not produced by Christmas eve.

BUSINESS NEWS

China pledges $11.5 billion to Mekong region countries - Xinhua China pledges $11.5 billion to Mekong region countries - Xinhua China will provide more than $11.5 billion in loans and aid to neighboring Cambodia, Laos, Myanmar, Thailand, and Vietnam, mostly for infrastructure and industrial capacity…

OPINION | Why oil could drop as low as $20 per barrel OPINION | Why oil could drop as low as $20 per barrel How low can it go -- and how long will it last? The 50 percent slump in oil prices raises both those questions and while…

Sale of Napocor\ Sale of Napocor's real estate assets slated for 2015 Napocor has 100 million square meters of land that could be sold.

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U.S. labor agency files complaints against McDonald's 20-Dec-14, 12:31 PM | Reueters Complaints were filed in 78 cases claiming that McDonald's workers across the country were fired or intimidated for participating in union organizing and in a national protest movement calling for higher wages.

IS has executed 100 foreigners trying to quit: report 20-Dec-14, 11:20 PM | Agence France-Presse The Islamic State extremist group has executed 100 of its own foreign fighters who tried to flee their headquarters in the Syrian city of Raqqa, the Financial Times newspaper said Saturday.

CebuPac adjusts Tacloban flights over runway rehab 20-Dec-14, 12:55 PM| InterAksyon.com Cebu Pacific announced on Saturday an adjustment in its flight schedules to and from Tacloban and Manila, and Tacloban and Cebu, from December 22 to 25 because of rehabilitation work at the Daniel Z. Romualdez Airport that will reduce usable runway length to 1,300 meters.

VIDEO | Aiko Melendez's ex lands in Pasay jail for direct assault 20-Dec-14, 6:03 AM| Gary de Leon, News5 Martin Jickain, the former husband of actress Aiko Melendez, is facing charges of direct assault and alarm and scandal after he was arrested for aiming a gun at anti-drug operatives who tried to pacify him and a man while they were engaged in a fistfight over a parking lot altercation.

Franciscan Order in 'grave' financial trouble after massive fraud 20-Dec-14, 10:03 PM| Agence France-Presse The Franciscan Order founded by Saint Francis of Assisi, who advocated a life of poverty, is in deep financial trouble following the discovery of massive fraud and is appealing for help.

THE OTHER CASTRO | Raul steps out of Fidel's shadow with US deal 20-Dec-14, 10:07 AM| Daniel Trotta and Rosa Tania Valdes, Reuters Stepping out of his legendary brother's shadow, President Raul Castro has scored a diplomatic triumph and a surge in popular support with the deal that ends decades of open hostility with the United States.

VIDEO | Guns seized from inmates in NBP raid belonged to government officials 20-Dec-14, 4:36 AM| News5 The Department of Justice will launch an investigation as to how the guns, which were seized from the cells of high-profile inmates in a raid inside the National Bilibid Prison, were registered in the name of some government officials.

Obama warns North Korea of payback over Sony hack but twits studio for pulling film 20-Dec-14, 11:36 AM| Susan Stumme, Agence France-Presse US President Barack Obama on Friday warned North Korea it would face retaliation for a crippling cyber attack on Sony Pictures over an irreverent film comedy that infuriated Pyongyang.

 
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