America – Page 9 – Author Carlo Carrasco

Moody’s Predicts 5.7% Growth for Philippine Economy in 2025

September 7, 2025September 1, 2025carlocarrasco

Based on its latest economy research, Moody’s Ratings announced that the economy of the Philippines will achieve 5.7% growth for the year 2025, according to a BusinessWorld news report.

To put things in perspective, posted below is an excerpt from the news report of the BusinessWorld. Some parts in boldface…

THE PHILIPPINE ECONOMY is on track to grow by 5.7% this year on the back of strong household spending, steady remittances and sustained public investments, Moody’s Ratings said.

“We expect the Philippines to maintain strong economic growth relative to regional and rating peers,” Moody’s said after the completion of a periodic review of Philippines’ credit rating.

“Growth will be supported by resilient household consumption, stable remittance inflows from overseas workers, and public investment spending, and ongoing structural reforms,” it said in a report.

Moody’s forecast is within the government’s revised 5.5-6.5% gross domestic product (GDP) growth target for this year.

In the second quarter, GDP expanded by an annual 5.5%, up from 5.4% in the first quarter but slower than the 6.5% in the same period last year. For the first half, GDP growth averaged 5.4%, slower than the 6.2% a year ago.

Moody’s flagged downside risks to the outlook arising from the US tariff policies.

“Although the Philippines’ exposure to trade and global value chains is relatively low, uncertainty around US trade policy and tariffs presents some downside risks to domestic consumption and investment,” it said.

Since Aug. 7, the United States has been imposing a 19% tariff on Philippine goods entering the US. The US is one of the top destinations for Philippine-made goods.

Growth will also be supported by its fiscal consolidation efforts, but Moody’s flagged the government’s high debt stock and interest burden.

“Fiscal consolidation efforts are on track to meet the government’s revised Medium-Term Fiscal Framework of reducing the deficit to 4.3% of GDP by 2028, supported by the implementation of reform measures at enhancing revenue collection and spending efficiency,” Moody’s said.

While this will help temper Philippines’ debt burden, Moody’s said debt will remain “above pre-pandemic levels.”

As of June, the Philippines’ sovereign debt hit a fresh high of P17.27 trillion, up 11.5% from P15.48 trillion in the same month in 2024.

This brought the debt-to-GDP ratio to 63.1% at the end of June, the highest ratio since 2005. This is above the 60% debt-to-GDP threshold considered by multilateral lenders to be manageable for developing economies.

“Debt affordability, measured by the ratio of interest payments to revenue, is expected to weaken over the next two years, before gradually normalizing as global refinancing rates decline and economic growth returns to its long-term trend,” the debt watcher said.

“Despite rate cuts by the central bank since the second half of 2024, elevated government funding costs and a lag in the monetary policy transmission will keep interest burden higher,” it added.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think Moody’s Ratings of a 5.7% economic growth for 2025 will turn out true? What do you think it will take for the Philippine economy to reach 6% growth this year?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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A Look Back at Uncanny X-Men #281 (1991)

September 5, 2025September 27, 2025carlocarrasco

Disclaimer: This is my original work with details sourced from reading the comic book and doing personal research. Anyone who wants to use this article, in part or in whole, needs to secure first my permission and agree to cite me as the source and author. Let it be known that any unauthorized use of this article will constrain the author to pursue the remedies under R.A. No. 8293, the Revised Penal Code, and/or all applicable legal actions under the laws of the Philippines.

Welcome back superhero enthusiasts, 1990s arts and culture enthusiasts, Marvel Comics fans and comic book collectors! Today we go back to the year 1991 to explore one of the many tales of the Marvel shared universe through the Uncanny X-Men series…Uncanny X-Men #281.

For the newcomers reading this, Marvel had a major reorganizing of their X-Men-related comic book series in the 2^nd half of 1991. After the events of the Muir Island Saga, the X-Men grew into such a large group they had to be divided into two teams – Blue and Yellow – under Charles Xavier who returned as their leader. When X-Men #1 (by Chris Claremont and Jim Lee) launched in 1991, it showed the Blue Team dealing with Magneto. Uncanny X-Men #281 was released the same month as that comic book and it shows the first mission of the Gold Team composed of Storm, Jean Grey, Colossus, Iceman and Archangel. Very notably, its story took place immediately after X-Men #5 was released in 1992.

With those details laid down, here is a look back at Uncanny X-Men #281, published in 1991 by Marvel Comics with a story co-written by Jim Lee and Whilce Portacio and script by John Byrne. The art was done by Portacio with ink work by Art Thibert.

Early story

The story begins in the Australian outback where the Reavers are relaxing while the sandstorm is happening and with them is Donald Pierce. Suddenly, a group of Sentinels attacked them resulting in deaths of some of their members.

Elsewhere in New York City, Storm, Jean Grey, Archangel, Colossus and Iceman – all in formal attire as civilians – attend a lavish party at the headquarters of the Hellfire Club. It turns out, they were invited by Emma Frost who leads the club. Even with several guests and a lot of enjoyable things around them, the X-Men remain prepared to react if something unfortunate happens.

After a brief moment of tension between the X-Men and the Hellions, someone in a powered suit of armor crashed through a door near Jean, Storm and Archangel. Emma Frost emerges, takes the helmet off the armored person (a young woman) and even welcomed the X-Men. Frost claims that the armored lady was another assassin who tried to take her life and it is the 2^nd assassination attempt she encountered over the past weeks….

Quality

*The Sentinels, Lady Deathstrike and Donald Pierce in an intense scene.*

As this comic book was part of the new era of the X-Men, the creative team came up with tale that is loaded with sub-plots that had a mix of old (the X-Men fought with the Hellfire Club during the Dark Phoenix Saga, and had encounters with the Sentinels a number of times) and new (Trevor Fitzroy – the illegitimate son of Sebastian Shaw – and the Upstarts are the new antagonists of the X-Men) creative elements for the X-Men’s Gold Team to encounter. The fact that the Hellfire Club is present in the story requires readers to have some knowledge about them from previous X-Men comic books as well as other characters and past tales that formed the background of the newer characters.

The story was made to modernize the X-Men and their struggle with people they encounter, while creatively reconnecting with the past. This should not be a surprise because writer John Byrne (yes, the same creator behind The Man of Steel mini-series) himself was involved in the Dark Phoenix Saga. The result is a tale of intrigue, twists, action and a lot of tension here.

When it comes to encounters, I enjoyed the discussion the X-Men had with Emma Frost (first appeared in Uncanny X-Men #129) who was their fierce enemy (Frost previously tried to manipulate Kitty Pryde) before having a change of heart and partnered with Professor X. Their exchange of words was civil, smart and there were some nice pay-offs in the form of intriguing revelations. The script by John Byrne was really solid here.

The artwork by Whilce Portacio here is still great to look at and his contribution on modernizing the X-Men’s look for the 1990s is a must-see. The same can be said with his take on Emma Frost, and the other established characters here. Portacio’s visualization of Trevor Fitzroy has that strong science fiction vibe combined with that fluffy early 1990s look.

Conclusion

*The X-Men witness an intense moment followed by the emergence of Emma Frost.*

Even though there were a few bumps on the flow of the narrative, I can say that Uncanny X-Men #281 (1991) is a very enjoyable read filled with intrigue, twists, reconnections to the past, notable character moments and sufficient spectacle. Its story has a lot of details and attachments to the past which will resonate with long-time X-Men fans. At the same time, Whilce Portacio’s art works made this one of the finest looking Uncanny X-Men issues of the 1990s and that is saying a lot. Considering the details and the richness of the writing, this Uncanny X-Men comic book should be read at a moderate pace as paying close attention to what was presented is essential.

That being said, this first tale of the Gold Team of the X-Men is a great read.

Overall, Uncanny X-Men #281 (1991) is highly recommended!

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Tren de Aragua Gang Eliminated By America At Sea

September 5, 2025September 4, 2025carlocarrasco

United States President Donald Trump really means business when it comes to protecting his nation and citizens as America eliminated a vessel from Venezuela operated by the Tren de Aragua gang carrying illegal drugs, according to a Newsmax news report. Already the Prime Minister of Trinidad and Tobago praised the strike.

For the newcomers reading this, Tren de Aragua is a transnational criminal organization from Venezuela and its members has spread throughout Latin America and even in the United States. Tren de Aragua is officially a terrorist organization.

To put things in perspective, posted below is an excerpt from the news report of Newsmax. Some parts in boldface.

President Donald Trump said Tuesday that the U.S. has carried out a strike in the southern Caribbean against a drug-carrying vessel that departed from Venezuela and was operated by the Tren de Aragua gang.

The president said 11 were killed in the operation.

“The strike occurred while the terrorists were at sea in International waters transporting illegal narcotics, heading to the United States,” Trump said in a social media posting. “No U.S. Forces were harmed in this strike. Please let this serve as notice to anybody even thinking about bringing drugs into the United States of America.”

Secretary of State Marco Rubio said earlier on X that the vessel was being operated by a “designated narco-terrorist organization.” He described the operation as a lethal strike.

Rubio addressed the strike on Tuesday shortly before he was scheduled to depart for Mexico and Ecuador for talks on drug cartels, security, tariffs and more.

The U.S. recently announced plans to boost its maritime force in the waters off Venezuela to combat threats from Latin American drug cartels.

The U.S. has not signaled any planned land incursion by the thousands of personnel being deployed. Still, President Nicolás Maduro’s government has responded by deploying troops along Venezuela’s coast and border with neighboring Colombia, as well as by urging Venezuelans to enlist in a civilian militia.

For clarity, posted below is the entire social media post by President Trump regarding the strike. Pay close attention to the details:

Earlier this morning, on my Orders, U.S. Military Forces conducted a kinetic strike against positively identified Tren de Aragua Narcoterrorists in the SOUTHCOM area of responsibility. TDA is a designated Foreign Terrorist Organization, operating under the control of Nicolas Maduro, responsible for mass murder, drug trafficking, sex trafficking, and acts of violence and terror across the United States and Western Hemisphere. The strike occurred while the terrorists were at sea in International waters transporting illegal narcotics, heading to the United States. The strike resulted in 11 terrorists killed in action. No U.S. Forces were harmed in this strike. Please let this serve as notice to anybody even thinking about bringing drugs into the United States of America. BEWARE! Thank you for your attention to this matter!!!!!!!!!!!

Let me end this piece by asking you readers: What is your reaction to this development? Do you like what the Trump administration is doing with regards to combatting terrorists and the wave of illegal drugs coming from Latin America? What will it take to apprehend all the remaining Tren de Aragua members in the United States? Do you think bringing down the Maduro regime in Venezuela can be achieved during Trump’s 2^nd term?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump’s America Is a Shining Example of Solving The Illegal Immigration Crisis

September 4, 2025August 29, 2025carlocarrasco

There is no doubt that United States President Donald Trump and his administration have successfully secured their borders as Homeland Security Secretary Kristi Noem confirmed during a recent cabinet meeting that absolutely zero illegals entered their country over the past three months, according to a Newsmax news report.

Trump’s America not only succeeded in securing the borders, the United States Immigration and Customs Enforcement (ICE) continues to apprehend and deport illegal immigrants with criminal records, other illegal immigrants volunteered to be deported back to where they came from, the safety of the citizens has improved and more citizens have gotten employed this year. Homeland security is working in tandem with the other departments of the government such as Defense, Justice and Immigration. These developments are indeed change that Americans and Trump supports can believe in.

To put things in perspective, posted below is an excerpt from the news report of Newsmax. Some parts in boldface.

The U.S. has gone three straight months without an illegal immigrant entering the country and 1.6 million inside the country have self-deported, Homeland Security Secretary Kristi Noem said Tuesday.

Noem, speaking during a Cabinet meeting that aired live on Newsmax and the Newsmax2 free online streaming platform, thanked President Donald Trump for his support and said that her department is following through on his campaign promise to make America safe again.

“Today, the average family and individual that lives in this country is safer than they’ve been in years because of what you’ve done,” Noem said. “We’ve gone three months in a row now with zero illegal aliens coming into this country.“

Noem also thanked Defense Secretary Pete Hegseth for helping her agency with border enforcement.

“They’re down at the border with us, still helping us keep that border secure and make sure we know who’s coming into this country,” she said. “You’ve arrested and brought to justice hundreds of thousands of illegal aliens, criminals that have perpetuated violence against American people. Sir, you’ve had 1.6 million people voluntarily go home to their home countries that were here in this country illegally. Because of your strong message and you enforcing the law, they decided to go home on their own so that they could come back the right way someday and be American citizens.

“But what I think is one of the most remarkable statistics is that under Joe Biden’s administration, 88% of new jobs went to foreign born individuals. Under your administration, 2.5 [million] Americans have jobs today that they didn’t under the previous administration. And they have those jobs because you created opportunities.

“You made this country safe. You opened up the economy. You enforced the law. Now people can get up and provide for their families and go to work every day and be confident in that.“

Noem also talked about the savings made on the president’s immigration crackdown, noting it cost American taxpayers between $8,000 and $9,000 to support each illegal immigrant “in what they were taking out of our social programs, out of Social Security.”

“You saved this country billions of dollars, about $15 billion just in what those illegal aliens were costing us in social programs,” Noem said. “I’ve cut over 450 different contracts at the Department of Homeland Security. We’re getting rid of corrupt ones, ones that were not efficient for taxpayers, weren’t focused on our mission of keeping us safe. And we’ve also renegotiated and brought in our biggest vendors and said, you have to do better.

“And we’ve saved the taxpayers over $13 billion doing that, as well. So, we’re continuing to be accountable with taxpayer dollars [and] focused on doing the mission of what you’ve committed, and that’s to keep us safe and to make sure we put Americans first.”

Trump appeared pleased to hear Noem’s report, thanking Noem, Hegseth and Tom Homan, his point man for mass deportations and border security.

Wow! What was revealed during the cabinet meeting was indeed a bunch of breakthroughs. The Trump administration is truly progressing with its immigration policies, economic efforts and putting Americans first. 2025 still has a few months left and already the United States is blossoming and has established itself as the shining example of solving the illegal immigration crisis and preventing foreigners from trespassing into the country.

Let me end this piece by asking you readers: What is your reaction to this development? Do you like what the Trump administration is doing with regards to border security, illegal immigration, job creation and the wellbeing of American citizens? Are you still surrounded by people who love illegal immigrants while they keep on attacking the Trump administration for serving the American people? How many people in your local community still follow the Democrats and the Islamo-Leftists?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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What to watch on YouTube right now – Part 98

September 3, 2025August 28, 2025carlocarrasco

Welcome back my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching. Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?

I recommend you check out the following videos I found.

#1 The Fly Revisited – In 1986, The Fly was released in cinemas and it impacted the science fiction genre, the horror genre and pop culture with body horror presentation under the direction of David Cronenberg. The film, which was a remake of the 1958 original, established Geena Davis and Jeff Goldblum as cinematic artists. The movie even became an allegory about AIDS and how people care about those who are living with diseases. That being said, it is not surprising that The Fly became the subject of many YouTube videos in the form of retro reviews, reaction videos and trivia videos. To enjoy The Fly, watch the selected videos below…

#2 Steve Ditko Remembered – Are you familiar with the late illustrator Steve Ditko? He was the co-creator of Spider-Man and he illustrated the first 38 issues of The Amazing Spider-Man comic book series. Unlike the other Spider-Man co-creator Stan Lee (who went on to be famous and celebrated a lot), Ditko had a low-key profile and did not want to be interviewed. If you want to learn more about the late illustrator, watch the video below.

#3 Pro-Palestine Activist Riddhi Patel Bashes City Officials And Threatens Them With Violence – I have seen a lot of Islamo-Leftist activists and zealots. Most of the time, they hate Israel and took sides with Palestinians and the Islamic terrorists. Also many of them activists are so extreme, they became entitled, arrogant and disrespectful to higher authorities. In the Communist state of California, the pro-Palestine activist Riddhi Patel spoke to city officials of Bakersfield and went as far as threatening them with violence. She even misused the name of Jesus. In her own words, Patel said “We’ll murder you.” To find out more, watch the video from SaharTV below.

#4 Wood-Fired Rice Balls Served By Store in Japan – Have you eaten any freshly cooked onigiri (Japanese rice ball) lately? I live here in the Philippines and because onigiri is not a common food, my only options are to buy them from the convenience store or from a foreign food vendor. In Japan, onigiri is widely available and customers can avail of them freshly cooked. There is this store in Japan that sells onigiri which are prepared with rice (cooked by wood fire) and fresh ingredients. Watch and learn from the video below.

#5 Meet The Programmer Behind The Classic Game Centipede – While I never had the chance to play the classic Atari game Centipede in the arcades in the 1980s, I played the Atari 2600 port a lot and enjoy it. Because I have a copy of the Atari 50 collection on my Xbox Series X, I am able to play the Centipede arcade version in the comfort of home. For the newcomers reading this, Centipede is a tremendous success in the arcades ending up as one of the Top 4 arcade games of 1982 in America. It was also ported to many consoles and home computers years later. Recently, I found a YouTube video featuring Dona Bailey, one of the programmers behind Centipede.

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Retro Gaming Ads Blast – Part 34

September 1, 2025August 24, 2025carlocarrasco

Welcome back readers, fellow geeks and electronic gaming fans!

In this edition of the Retro Gaming Ads Blast (RGAB) series, we will take a look at another batch of retro gaming print ads – including arcade flyers – from the 1970s to the 1990s.

For the newcomers reading this, Retro Gaming Ads Blast (RGAB) looks back at the many print ads of games (console, arcade, computer and handheld) that were published in comic books, magazines, flyers, posters and newspapers long before smartphones, social media, the worldwide web and streaming became popular. To put things in perspective, people back in the 1980s and 1990s were more trusting of print media for information and images about electronic games and related products.

With those details laid down, here is the newest batch of retro gaming print ads for you to see and enjoy…

1. North American Pac-Mania arcade flyer

Released in 1987, Pac-Mania became a big hit among critics, fans and casual arcade gamers which added a lot to the enduring popularity of the Pac-Man game franchise. As it featured a new game design with an oblique perspective and a more 3D feel, Pac-Mania was a very serious attempt on reinventing the Pac-Man formula. For the American market, Namco licensed the game to Atari which in turn came up with the above arcade flyer that had a pretty eye-catching front cover artwork showcasing the iconic Pac-Man jumping out from a maze with the line “I’m back,…and bouncing.” The arcade cabinet was also shown and a clear message about the 3D feature of the game was shown. The other side of the flyer showed screenshots and details that are worth reading. This arcade flyer still looks attractive and informative by today’s standards.

2. Japanese Missile Command arcade flyer

*Cocktail arcade tables were popular in Japan and Taito brought Missile Command with the format.*

Missile Command is a true arcade classic which I always enjoy replaying (read my retro review by clicking here). It was an instant hit in arcades in America and after Atari licensed the game to Sega and Taito for the arcades of Japan, it also achieved huge success there. Along the way, Taito released Missile Command with an cocktail arcade table format which is common in Japan. The arcade flyer Taito came up with had a very simplistic presentation of details, an image of the cocktail arcade table and one screenshot of the game. The Japanese arcade flyer clearly lacks excitement but at least it gave gamers and arcade operators a clear idea of what to expect with Missile Command.

3. Atari 2600 print ad

When the Atari 2600 was first launched in 1977, it was officially called the Atari Video Computer System (Atari VCS). The Atari company really aimed high to sell a lot of consoles to as many households as possible and they came up with a print ad like this one from 1978. While the Atari 2600 and its games were displayed, the image of a father, mother and daughter showed that the company not only targeted American families but also want to change home entertainment to be more interactive. This old ad is truly an inspired piece of work.

4. Kool-Aid Man video game print ad

*I never played the Kool-Aid Man video game.*

There was a time when Kool-Aid was such a popular drink, the character Kool-Aid Man debuted in 1974 after initially starting as the Pitcher Man. A short time later, merchandising featuring the character followed and in 1983 the official Kool-Aid Man video game was released on the Atari 2600 and the Intellivision. This particular print ad appeared in some comic books I read a very long time ago and it offered customers the opportunity to get the game free by sending 125 proof-of-purchase points to the company by mail. This old ad was visually striking and was a creative way to boost sales of the drink.

5. Spider-Man Atari 2600 game print ad

*Spider-Man and Green Goblin with the Atari 2600 and the TV.*

Even though the controls were rough and the game’s difficulty really went high with each new session, my friends and I still enjoyed playing the Spider-Man video game on Atari 2600 from Parker Brothers. Apart from the comic book-style print ads they came up with to promote the game, Parker Brothers went on to make this particular ad featuring Spider-Man and the Green Goblin with a TV set, the game and the Atari 2600 together all presented with a totally different art style. This is still a fun ad to look at.

6. Phoenix game print ad

After playing shooter-type games like Space Invaders and Centipede on the Atari 2600, my friends and I experienced something familiar yet fresh with Phoenix. Atari secured from Taito the rights to make the Atari 2600 port of the game, and they came up with a dark print ad that showcased the official painted art work, a portion of the video game’s box and the line “Arm Your Missiles…Charge Up Your Shields! Phoenix is coming!” Having played the game many times, those highlighted words really captured the essence of Phoenix gameplay.

7. Sunset Riders North American arcade flyer

Released in arcades in 1991, Sunset Riders was a critical and commercial hit raking in more success to Konami. For the American arcades, Konami came up with this print ad showing a creepy looking cowboy carrying a bag of money (related to the “strike it rich” line) with his donkey with him. The rear of the ad shows another photograph of 3 cowboys on their horses, the four screenshots and the creative text description. Too bad we don’t see flyers like this anymore.

8. Parker Brothers’ 6-game print ad

Quite arguably, Parker Brothers was the 2^nd most prominent publisher of video games on the Atari 2600 console next to Atari itself. Out of the six games presented in this old print ad, I only played Spider-Man and Super Cobra. Each game’s box had a unique art style and collectively they made this ad look exciting. Times were really different back in the 1980s.

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UA&P Sees Stronger Q3 Economic Growth for the Philippines Despite Trump Tariffs

September 1, 2025August 25, 2025carlocarrasco

As far as the University of Asia and the Pacific (UA&P) is concerned, the economy of the Philippines will still grow stronger in the 3^rd quarter by 5.8% despite the 19% Trump tariffs, according to a BusinessWorld news report.

To put things in perspective, posted below is an excerpt from the news report of BusinessWorld. Some parts in boldface…

PHILIPPINE economic growth may pick up in the third quarter despite higher US tariffs and “milder” typhoons, the University of Asia and the Pacific (UA&P) said.

“Despite the Trump tariffs, milder typhoon season will help accelerate GDP expansion in Q3 to 5.8%, given a low base in 2024,” it said in its latest The Market Call released on Friday.

If realized, this would be faster than 5.2% in the third quarter of 2024 and 5.5% print in the second quarter. This forecast is also within the government’s revised 5.5% to 6.5% target this year.

“Consumer spending remains strong, aided by low inflation but limited by new US taxes on OFW (overseas Filipino Worker) remittances,” UA&P said.

Inflation cooled to a near six-year low of 0.9% in July as utilities and food costs continued to ease. This brought the seven-month average to 1.7%, slightly below the Bangko Sentral ng Pilipinas’ (BSP) 2-4% target band.

UA&P said government infrastructure spending may also regain momentum in the third quarter. This was after state spending slumped due to the 45-day election ban on public works spending from March 28 to May 12.

UA&P said residential construction will remain subdued due to elevated policy and interest rates.

The Bangko Sentral ng Pilipinas (BSP) has so far lowered borrowing costs by a total of 125 basis points (bps) since it began its easing cycle in August last year. The policy rate now stands at 5.25%.

UA&P said the US dollar rate will “move either way” depending on rate cuts by the BSP and the US Federal Reserve.

“The peso-dollar rate has a fundamental depreciation bias although it will depend much on extent and timing of policy rate cuts by BSP and the Fed,” it said.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines will be able to grow stronger in the 3^rd quarter even though the 19% Trump tariffs are already in effect? Do you see any signs of Philippine exports to America slowing down already?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Philippines Seeking US Tariff Exemptions For Agricultural Commodities, Electronics and More

August 31, 2025August 30, 2025carlocarrasco

Remember the big meeting between United States President Donald Trump and Philippine President Ferdinand “Bongbong” Marcos, Jr., over a month ago? A 19% tariff by America on Philippine goods was set and now the government of the Philippines is seeking exemptions specifically for exports of agricultural commodities, electronics, vehicle tires, bags and aircraft parts, according to a BusinessWorld news report.

To put things in perspective, posted below is an excerpt from the news report of BusinessWorld. Some parts in boldface…

THE PHILIPPINES is asking the US to exempt exports of agricultural products and other goods from the 19% tariff imposed by US President Donald J. Trump, a Trade official said on Thursday.

Trade Undersecretary Allan B. Gepty said the government is seeking US tariff exemptions for exports of agricultural commodities, electronics, vehicle tires, bags and aircraft parts.

“We submitted a list of products we asked the US to exempt from the imposed tariff rates, because these are key and complementary items. And some of them, in fact, are not even produced or manufactured there (in the US),” he told senators at a Senate briefing on the tariff set by Washington on Philippine exports.

“The immediate need right now is we want to negotiate for an exemption, because we want to protect our industries whose main export market is the US,” he added.

The US began imposing a 19% tariff on Philippine goods starting Aug. 7.

“We already submitted to the US the products that should be exempted from the reciprocal tariffs,” he said.

Mr. Gepty said about 23% of the country’s total exports to the US are exempted from the 19% tariff.

In June, the United States was the top destination for Philippine-made goods amounting to $1.22 billion, 35.2% higher from the same month a year ago. Around 53% of the Philippines’ total exports to the US were semiconductors and electronics, Mr. Gepty said.

The US has yet to set new global tariffs for semiconductors and pharmaceuticals. Mr. Trump had earlier said he plans to announce higher tariffs on imports of semiconductors, but companies that plan to build manufacturing facilities in the US would be exempted.

“Ninety-nine percent of our semiconductors as of now are still exempted, there’s still no problem” he said. “If the 100% continues, that’s a big problem,” he added.

Mr. Gepty said most of the semiconductors are made by US companies in the Philippines and exported to the US. He noted the higher tariffs would pose problems for the US supply chain, particularly for its defense industry.

Meanwhile, the Philippines has not formally granted zero tariffs on US products, as negotiations over a reciprocal trade agreement remain ongoing, he said.

Let me end this post by asking you readers: What is your reaction to the recent developments? Do you think the Philippines will succeed in getting an exemption from the Trump tariff on key exports?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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What to watch on YouTube right now – Part 97

August 29, 2025August 23, 2025carlocarrasco

I recommend you check out the following videos I found.

#1 Very In-Depth Retrospective about Saints Row (2006) – Back in 2006, I bought my Xbox 360 console and one of the very first games I bought for it was the original Saints Row. The game exceeded my expectations for a fun-filled open-world experience and in some creative ways, it was more entertaining than the Grand Theft Auto (GTA) games available at the time. Recently, I found what is very clearly the most in-depth and most analytical retrospective video about the game which you must watch now.

#2 The Night Donald Trump Destroyed Hillary Clinton With His Al Smith Dinner Speech – Remember the Al Smith Dinner event of 2016? Al Smith Dinner is the annual white tie dinner held in New York City to raise funds for Catholic charities and it has the notable tradition of having US Presidential candidates as guests every four years. The 2016 edition of the dinner was very memorable because of what Donald Trump said about the wicked Hillary Clinton. Trump’s line of Clinton “pretending not to hate Catholics” drew a lot of reactions and was magnified by the mainstream news media. There is a lot more to be discovered in the video from MAGAMark below.

#3 The Sixth Sense Revisited – When it was first released in cinemas in 1999, The Sixth Sense generated a tremendous amount of word-of-mouth reactions and discussions among local moviegoers. This was because of the twist ending, M. Night Shyamalan’s directing, the intense combination of suspense and fright, and the memorable acting between Bruce Willis and Haley Joel Osment. It’s not surprising that The Sixth Sense became a popular choice of film for YouTubers to make videos of and you can enjoy watching the selected videos below.

#4 Gradius III Revisited – While I played a lot of video games released by Konami, I never ever got to play Gradius III in the arcade nor on game console. Back in the early 1990s, I remember seeing boxes of the Super Nintendo Entertainment System (SNES) version of Gradius III displayed in local game stores but I did not have the money to purchase it. None of my neighbors (with SNES consoles in their respective homes) had it. Eventually, I saw some YouTube videos focused on the old game and you can enjoy watching them below.

#5 Okonomiyaki in Japan – I enjoy eating Okonomiyaki which is a Japanese teppanyaki savory pancake dish consisting of wheat flour batter and other ingredients. In my experience, I have not toured Japan for a very long time and there are lots of places there that cook and serve Okonomiyaki to customers. If you want to see what Okonomiyaki looks like and hot it is cooked, watch the selected videos below.

#6 Entitled Illegal Immigrants – Is your local community still literally flooded with illegal immigrants? There is no doubt that crime is connected with illegal immigration and there are even illegal immigrants who believe they are entitled and cannot be held accountable for wrongdoing. You can see why and learn more by watching the video below.

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Philippines Business Process Outsourcing (BPO) Sector and Government React To Keep Call Centers in America Act of 2025

August 28, 2025August 27, 2025carlocarrasco

It is not surprising that both the Business Process Outsourcing (BPO) sector of the Philippines and the Department of Trade & Industry (DTI) reacted to the filing of the Keep Call Centers in America Act of 2025 which was filed in the United States Senate, as reported separately by BusinessWorld, BusinessMirror and the Philippine News Agency (PNA).

For the newcomers reading this, the Philippines BPO sector (sometimes referred to simply as the call center industry even though many local firms have gone beyond taking calls) is now a major part of the national economy with more than 1.7 million Filipinos employed, $35 billion in annual export revenues and the United States of America (USA) alone is the single largest market with 2024 export revenues reported at $25 billion (reported by BusinessMirror).

In the Filipino perspective, call centers are very important because they offer a lot of high-paying jobs for Filipinos who badly need employment. The so-called call center effect on local society and economics includes new stores and food vendors opening up nearby, the opening of new convenience stores operating 24/7, the established restaurants nearby serving customers around-the-clock, and the opening of new branches of banks. Of course, the income Filipinos earned from their BPO jobs enabled them to acquire new things, pay their bills, subscribed to digital services, and move into better residences while helping their families make ends meet.

Having been a call center agent myself a very long time ago, I have witnessed such socio-economic developments happen whenever a call center is present and I was in Cebu province.

To put things in perspective, posted below is an excerpt from the news article of the PNA highlighting the reaction of the DTI. Some parts in boldface…

Diversification will help cushion the possible impact of the proposed “Keep Call Centers in America Act,” aimed to protect local jobs by removing federal grants to companies that have call centers outside the United States.

The business process outsourcing (BPO) industry contributes a big part to the Philippine economy, with employment of around 1.4 million in 2024 and revenues of about USD38 billion. Around 70 percent of clients are based in the US.

Department of Trade and Industry (DTI) Secretary Cristina Roque said there are no discussions yet with officials of the Information Technology and Business Process Association of the Philippines (IBPAP) but expressed openness to talk about possible measures to help the sector.

“But for us, (the) DTI, of course, we’ll continue to help the IT-BPO (and) IBPAP businesses in whatever they need from us. Of course, we’ll assist the same way we’ve assisted in the past,” she said.

“We can’t just look at the US as the only market. The world is the market. If you look at their population as compared to the world, it will show you that we should really find other avenues to explore.”

Next, the Information Technology and Business Process Association of the Philippines (IBPAP) confirmed it is still evaluating the potential impact of the Keep Call Centers in America Act of 2025. For insight, posted below is an excerpt from the BusinessWorld report. Some parts in boldface…

THE IT & Business Process Association of the Philippines (IBPAP) said it is still evaluating the potential impact of the proposed Keep Call Centers in America act.

“It talks about US call centers so I really do not know who that will affect with the way that it is worded,” IBPAP President and Chief Executive Officer Jonathan R. Madrid said on the sidelines of an ECCP AI Forum.

“We need to understand it a little bit more. I think I know what their intention is. But I don’t know the likelihood of this passing. Obviously it is something we are monitoring, and with the way that it is worded, we need to study it more,” he added.

Introduced in the US Senate last month, the bill aims to impose restrictions on US firms outsourcing their call center operations.

In particular, the bill, if signed into law, will render employers outsource call center work overseas ineligible for new federal grants or guaranteed loans.

“I am speaking to the American Chamber of Commerce; we are discussing it and we will see. But we are all aligned on how we will manage this,” he said.

“While the bill is still in the early stages of the legislative process, we remain committed to keeping our stakeholders informed, providing timely guidance, and ensuring that the Philippine IT-BPM industry is well-positioned to adapt and thrive in a changing regulatory environment,” he said.

Philippine Institute for Development Studies Senior Research Fellow John Paolo R. Rivera said that the proposed bill poses a “clear risk to the Philippine IT-BPM industry, especially in the call center segment.”

“By restricting access to US federal grants, contracts, and loans for companies that offshore customer service jobs or do not properly disclose them, the bill raises the regulatory and reputational costs for offshore operations,” he said via Viber .

He said the Philippine industry has been evolving beyond voice-based call centers, which are less exposed to call center-specific legislation.

“We now see strong growth in high-value services such as finance, healthcare information management, legal process outsourcing, software development, and data analytics,” he said.

With the US Senate’s proposal to bring back call centers to the US, he said that the Philippines must continue to move up the value chain to reduce exposure to such policies.

“While the bill underscores vulnerabilities in our call center export model, it also reinforces the importance of accelerating investment in high-value, tech-enabled services where the Philippines can maintain global competitiveness,” he added.

Rizal Commercial Banking Corp. (RCBC) Chief Economist Michael L. Ricafort said the bill could be “a potential drag on future growth of the industry.”

For this year, the IT-BPM industry is expected to generate $40 billion in export revenue and increase its workforce to 1.9 million.

To examine the details of the Keep Call Centers in America Act of 2025, click here and here.

Let me end this post by asking you readers: What is your reaction to the recent developments? Do you think the IT-BPM sector of the Philippines has what it takes to protect itself from whatever effects the Keep Call Centers in America Act of 2025 could create if ever it gets signed into law? Do you personally know anyone who is working in a BPO firm or a call center here in the Philippines? What kind of assistance do you think the national government will offer to the IT-BPM sector? Do you think the existing call centers should search for English-speaking clients in England, Ireland, Scotland, Israel and the like?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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