THE US-CHINA TRADE IMPASSE The deadlock is not about to be resolved any time soon. We have not heard all that much from the Chinese government directly but editorials from Chinese media are now giving us a sense of the way Beijing is viewing the current impasse. The People’s Daily wrote that “at no time will China forfeit the country's respect” while The Global Times said “the perception that China cannot bear it (a trade war) is a fantasy and misjudgment”. So what? That the debate is now being framed, not in purely economic terms, but in terms of respect and dignity will make a deal that much harder to reach. There is very little room when one is negotiating with dignity on the line. Trade talks have come back from the brink before, but given the perception of Beijing in Washington is worsening, and vice versa, few are predicting a rapid end to the trade war. What if talks fail: Expect a significant fallout that will impact the global economy. The … [Read more...] about Asian Insider May 13: What if trade talks fail?
Taking food on a plane
By Susanne Masters The New York Times Sun., May 12, 2019 While primarily a painter of people, Dutch artist Rembrandt van Rijn immortalized at least one tulip. In 1634 he painted his wife, Saskia van Uylenburgh, as Flora, goddess of spring and flowers, crowned with a wreath of blooms, of which the largest is a tulip. Its petals are unmistakably striped, with white and red running in flamelike lines. Flowers like it became known as Rembrandt tulips, named by bulb traders in homage to his chiaroscuro painting style and to tap cachet from a famous name. Saskia in her finery crowned with the most expensive type of tulip is in the Hermitage Museum in St. Petersburg, Russia. But tulipmania, which lifted the Dutch economy to dizzying heights followed by a cataclysmic crash, began in the Hortus botanicus, the botanical garden in Leiden, the city of Rembrandt’s birth. Tulips first arrived in the Netherlands in 1562. Mistaken for a Turkish onion, they were tasted, found … [Read more...] about An ode to Rembrandt’s tulips
Low inflation rate due to Pres. Du30 SHOOTING STRAIGHT - Bobit S. Avila (The Philippine Star) - May 9, 2019 - 12:00am Wing news is that inflation in the Philippines slowed to a 16-month low of 3.0 percent in April on lower food prices as the government implemented a law easing restrictions on rice imports to avoid the supply shortage that spiked consumer prices last year. However, there is a warning that inflation could rise again on the volatile crude oil prices and pressure on food prices due to the prolonged dry weather. The figures that we got came from the Philippine Statistics Authority (PSA) when it released its monthly Consumer Price Index report last Tuesday. The government also pointed out that a prolonged El Niño weather phenomenon and a continued increase in global crude oil prices could push up consumer prices in the near term, while the Central Bank noted that slower global growth could also exert downward … [Read more...] about Low inflation rate due to Pres. Du30
Not until you’ve traveled to Vigan do you realize just how remote it is from Manila. This beautiful city, in the northern province of Ilocos Sur, is a good seven-hour drive from the capital. Should you prefer to travel by plane to Laoag, there’s still a two-hour drive ahead of you, possibly at night as the plane lands at around 8 PM. This sense of distance just adds to the romantic aura of Vigan, a picturesque city with charming cobblestone streets, magnificent ancestral homes and a lively people, the Ilokanos. A UNESCO World Heritage Site, Vigan has been praised for being one of the best preserved examples of a Spanish colonial town in Asia. The city itself was laid down in the 16th century along lines preferred by the Spanish, in grid fashion, with the plaza and church at the very center. But long before the Spanish arrived, Vigan already existed as a coastal trading post. Chinese merchants used to sail up the Mestizo River with their goods for trade. To this day, … [Read more...] about A reintroduction to Vigan by way of its food
‘The Padilla blood runs in my veins,’ insists Ivan Padilla who started his acting career in the US and is aiming to make a name hereabouts. ‘I want my relatives to be proud of me.’ While most local talents dream of making it in Hollywood, Ivan Padilla is doing the reverse. “I want to make a name where my relatives are,” Ivan said in an exclusive Conversation. “I want my relatives to be proud of me.” That’s why he is using his real name instead of Germaine De Leon, his Hollywood screen name. Those relatives include Robin Padilla and his siblings, plus several relatives, and the late Amado Cortez (who served as a Philippine Consulate General in San Francisco during the Cory Aquino administration), father of Ivan’s mother Grace Padilla. “He was my Lolo Amado,” volunteered Ivan. “My dad, Scott Grimes, was an American car salesman. He died 18 years ago when I was 11. Last Easter Sunday (April 21) was … [Read more...] about Imported from Hollywood