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Continue reading →: Marcos’ SONA hype could not hide the harm of Pax Silica
President Marcos, as expected, hyped Pax Silica in his fifth State of the Nation Address (SONA). He claimed that the US-led initiative “will bring quality jobs to our people, accelerate our industrial competitiveness, and revitalize our economy.” The Marcos regime wants the Filipino people to take these claims on the…
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Continue reading →: War & Plunder: US imperialism in the Philippines in today’s sharpening inter-imperialist contradictions
For almost half a century, US imperialism relied on unbridled neoliberal globalization to assert and maintain its global hegemony. Trade and investment liberalization, privatization of public services and government functions, and deregulation of state control over key industries, sectors, and activities of the economy were promoted to facilitate the monopoly…
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Continue reading →: Poorest regions pay more for diesel, gasoline
Another round of big-time oil price hikes hit the hapless public transport drivers, private motorists, poor farmers and fishers, and consumers this week. Major oil companies announced that they increased the pump prices of diesel by P17.95 to P18.80 per liter, gasoline by P4.90 to P5.40 per liter, and kerosene…
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Continue reading →: Oil shock profiteering? Oil firms, Marcos regime rake in hundreds of millions amid crisis
Because of the Oil Deregulation Law (ODL), oil companies are likely raking in massive additional profits from the global oil shock. Taking advantage of unregulated weekly price adjustments, oil companies appear to have implemented price hikes far higher than warranted by global price movements. Based on estimates, oil companies today…
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Continue reading →: ‘Sana oil’| As Filipinos suffer mega oil price hikes, prices barely moved in our ASEAN neighbors
First published by Bulatlat While jeepney drivers, motorists, and commuters in the Philippines bear the full burden of speculative, volatile global oil prices due to oil deregulation, consumers in our ASEAN neighbors are well protected by their governments from the devastating impacts of the ongoing oil shock. Across the region,…
I’m Arnold Padilla, a Filipino activist, writer, and researcher.
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