Donald J. Trump – Page 15 – Author Carlo Carrasco

Xbox affected as Microsoft executes new round of layoffs

July 11, 2025July 6, 2025carlocarrasco

Welcome back Xbox fans, geeks, and other gamers!

It has been more than a week since Microsoft announced its latest round of layoffs affecting not only thousands of employees but also Team Xbox, its game studios and certain game projects as well.

To be clear, this is not the first time Microsoft had layoffs this year but it is much more significant because the latest layoff round hit Xbox really hard and already Xbox fans and gamers saw their excitement about future video games drop. It is important to keep in mind that Microsoft and its Xbox division are both profitable which makes the new round of layoffs baffling to some. So far this year, over 15,000 employees were laid of by the technology giant. With the layoffs affecting Xbox’s developers and projects, there are matters that concerned both the Xbox fans and gamers who could have joined in.

Firstly, the Xbox game studio The Initiative will be closing down and their high-profile game Perfect Dark (which involved Crystal Dynamics) has officially been cancelled. This is tragic because Team Xbox had the opportunity to reboot the decades-old Perfect Dark franchise, delight the long-time PD fans while offering other gamers something new and exciting to play. A lot of gamers have been anticipating Perfect Dark for many years now only to end up frustrated.

Secondly, the successful and reliable Xbox game studio Turn 10 saw several of its employees laid off and their team will reportedly work as a supporter for Playground Games. For the newcomers reading this, Turn 10 created and built up the Forza Motorsport franchise of simulation racing games that started in 2005. To see Turn 10 get demoted and work on support duty for Playground Games on the Forza Horizon franchise is just very odd and baffling. Could this mean that Forza Motorsport (2023) is the last game of its franchise? Do you think a leaner Turn 10 will still be able to make another Forza Motorsport game?

Thirdly, the much-delayed Xbox game Everwild got cancelled and its developer also suffered from the Microsoft layoffs. This unfortunate development only added to the perception that developer Rare (the team behind many hit games it made with Nintendo decades ago) kept going downhill creatively, critically and commercially. Considering how long the game development lasted, I can only imagine that many millions of Dollars were spent on Everwild and Microsoft decided to pull the plug.

Fourthly and most notably, Xbox head Phil Spencer’s official email (addressed to employees) related with the huge layoffs was revealed and its content has been posted below for you to see. Some parts in boldface…

Today we are sharing decisions that will impact colleagues across our organization. To position Gaming for enduring success and allow us to focus on strategic growth areas, we will end or decrease work in certain areas of the business and follow Microsoft’s lead in removing layers of management to increase agility and effectiveness. Out of respect for those impacted today, the specifics of today’s notifications and any organizational shifts will be shared by your team leaders in the coming days.

I recognize that these changes come at a time when we have more players, games, and gaming hours than ever before. Our platform, hardware, and game roadmap have never looked stronger. The success we’re seeing currently is based on tough decisions we’ve made previously. We must make choices now for continued success in future years and a key part of that strategy is the discipline to prioritize the strongest opportunities. We will protect what is thriving and concentrate effort on areas with the greatest potential, while delivering on the expectations the company has for our business. This focused approach means we can deliver exceptional games and experiences for players for generations to come.

*Do you miss the good old days of Xbox? Are you a long-time Xbox gamer who became disappointed over Team Xbox’s decisions and releases? You are not alone!*

Prioritizing our opportunities is essential, but that does not lessen the significance of this moment. Simply put, we would not be where we are today without the time, energy, and creativity of those whose roles are impacted. These decisions are not a reflection of the talent, creativity, and dedication of the people involved. Our momentum is not accidental—it is the result of years of dedicated effort from our teams.

HR is working directly with impacted employees to provide severance plan benefits (aligned with local laws), including pay, healthcare coverage, and job placement resources to support their transition. Employees whose roles were eliminated are encouraged to explore open positions across Microsoft Gaming, where their applications will be given priority review.

Thank you to everyone who has shaped our culture, our products, and our community. We will move forward with deep appreciation and respect for all who have contributed to this journey.

This is my opinion about Spencer’s message…as head of Xbox, Spencer is really powerless and he has no choice but to follow orders from Microsoft’s top management whose views about video game culture and interests do not really match with what we gamers and the game makers have. For Microsoft’s leadership, they have a business to run but it is clear that gaming (electronic entertainment) won’t be going away soon and they will keep investing more money in video game projects. Of course, Microsoft expects healthy returns on its investments which is why they will keep the Game Pass subscription service moving, offer games to varied users (console, computer, mobile and cloud) and they will push through with the next-generation Xbox with AMD as a bigger strategic partner.

Regarding layoffs reaching thousands, it is depressing on face value because those who lost their jobs will have to deal with the high costs of living in first world economies like the United States and in parts of Europe. However, I see an opportunity that others cannot see…the opportunity for Team Xbox to get rid of their least-productive employees as well as laying off the woke activists scattered among the employees of the many Xbox game studios. As seen in entertainment over the past several years, woke activists working in movies, video games, comic books and TV shows do not prioritize quality, do not care about the fans, and they keep on abusing the company resources as they prioritized their Leftist agenda. Is it any wonder why modern entertainment sucks? Did you notice the use of pronouns in Xbox games?

To be fair, Microsoft and Team Xbox both have been woke for years already. In America, the tone of society has changed drastically ever since Donald Trump successfully returned as United States President. Perhaps Microsoft and Xbox executives realized that they should get rid of DEI (diversity, equity and inclusion) from their business practices and corporate culture before the wave of change under Trump’s America leaves them behind. As of this writing, Trump is making America great again and the woke know they are losing the culture war.

As US President Trump is reshaping America to be great again, meritocracy has become essential too. This means DEI (diversity, equity and inclusion) really has no place in government, business, entertainment and culture. DEI must DIE!

I can only speculate that as Xbox game studios each have less employees to work with, there could be a renewed effort to focus more on making high-quality video games that are both enjoyable to play and worth the money of customers. The Outer Worlds 2, which will be released this October, has an eye-catching American price of $79.99 (regular edition) and already a lot of gamers – including The Outer Worlds fans – find the price excessive.

The way things are right now, the future of Xbox looks gloomy and the excitement of the Xbox fans and other gamers have weakened. That being said, we can only wait and see what will happen next in the near future. Perhaps a month from now, Team Xbox will clarify what direction they are headed to and what exciting projects or events fans can still look forward to.

How do you gamers feel about Xbox gaming right now? If you are an Xbox fan, are you feeling disappointed with the cancellation of Perfect Dark and Everwild? Do you think it is time for Team Xbox’s leadership to be changed now that Microsoft impacted the gaming projects and work forces?

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

America sets 20% tariff on Philippine goods and will take effect on August 1, 2025

July 11, 2025July 10, 2025carlocarrasco

Starting August 1, 2025, the United States of America (USA) will impose a 20% tariff on all and any Philippine-made products coming into their shores as stated in US President Donald Trump’s official letter to President Ferdinand “Bongbong” Marcos, Jr., according to a Philippine News Agency (PNA) news article. In response, the Philippines wants to renegotiate with America while there is still time.

For the newcomers reading this, America previously set a 17% tariff on the Philippines when Trump unveiled last April the many tariff rates on many nations. The Philippines was confident about the negotiations they had with their American counterparts.

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

The Philippine government is looking to renegotiate the 20 percent tariff imposed by the Trump administration on Philippine goods, according to Philippine Ambassador to the US Jose Manuel Romualdez.

In a letter dated July 9 addressed to President Ferdinand R. Marcos Jr., US President Donald Trump announced that beginning Aug. 1, 2025, the US will raise tariffs on Philippine goods to 20 percent—up from the previously announced 17 percent rate.

In a text message to the Philippine News Agency on Thursday morning, Romualdez said Manila would formally request a review of the tariff hike from Washington D.C.

Trump, in his letter, recognized the Philippine-US trade relations and said the latter has “agreed to continue working with the Philippines, despite having a significant trade deficit.”

“Starting on August 1, 2025, we will charge the Philippines a Tariff of only 20 percent on any and all Philippine products sent into the United States, separate from all Sectoral Tariffs,” it read.

Trump said there would be “no tariff if the Philippines, or companies within” the country decide to build or manufacture products within the US.

The US, he added, is also open to “reconsider an adjustment” if the country opens its “closed trading markets to the United States,” and eliminates its “tariff, and non-tariff policies and trade barriers.”

“These tariffs may be modified, upward or downward, depending on our relationship with your country,” he said.

Trump, meanwhile, warned Manila against reciprocating the move with a tariff increase.

“If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 20 percent that we charge,” he said.

For transparency, posted below is the 2-page letter of Trump to Marcos regarding tariffs.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines fell short in its recent negotiations with the United States which resulted in a higher tariff at 20%? Do you think the economic managers of the Philippines can convince America to delay, if not lower, the declared tariff? Do you think a 20% tariff rate by America will hurt the economy of the Philippines 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.

+++++

What to watch on YouTube right now – Part 87

July 4, 2025June 29, 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 Retrospective look back at Heaven’s Gate – If you love watching movies, have you ever seen Heaven’s Gate? That 1980 movie directed by Michael Cimino was a very expensive commercial and critical failure. Cimino had blank check power which drained United Artists’ funds and he executed a lot of moves to ensure authenticity for filming believing he had something great for cinema. While the movie has been praised a lot more since he re-cut the film (Criterion Collection Blu-ray is available online), it is important to look back at its history as it is a fact that its failure destroyed Cimino’s credibility as well as the New Hollywood era entirely. How was Isabelle Huppert hired, who led United Artists, what cases of animal cruelty happened and how the actors described the production can be seen in the Final Cut video below. For entertainment value, I added Critical Drinker’s explanatory video and the 3-part movie review by Cinema Snob.

#2 Animated portrayal of an ntense scene from the Jurassic Park novel – If you have seen Steven Spielberg’s Jurassic Park, were you able to read the novel by Michael Crichton? I read the novel after seeing the film in 1993 and I was struck at how different literary Jurassic Park really was. The movie was not really based on it but inspired by it, and there were so many differences between them. The literary Jurassic Park was much more violent, John Hammond was greedy and self-centered, and there were two Tyrannosaurs. The novel also had memorable scenes that movie never adapted, and one of them was the violent encounter with the adult Tyrannosaur on the main road which was animated well by YouTuber InGen 2D. Watch the video below.

#3 The successful American strike on Iran’s nuclear sites explained – America’s successful bombing of three nuclear sites of terrorist state Iran was very tremendous politically and militarily. It helped Israel win its 12-day war with Iran and right now the wicked regime led by the Ayatollah has been weakened significantly as multiple military commanders and nuclear scientists have been eliminated. With Iran severely weakened, it won’t be able to fund and arm Palestinian terrorist group Hamas, Hezbollah and the Houthi terrorists. The Americans used stealth B-2 bombers which traveled into Iran undetected for the attack. To know the details, watch the explanatory video of TBN Israel below.

#4 Unsolved Mysteries Season 6 Episode 2 – I found another engaging episode of Unsolved Mysteries hosted by the late Robert Stack. The 2^nd episode from the sixth season of the show has an in-depth look at the Mystery Robber, an Australian pilot’s encounter with a UFO, and more. There is a lot to enjoy or discover in the episode below.

#5 Jurassic World revisited – It has been ten years since Jurassic World was first released in cinemas. While the movie was highly successful in terms of ticket sales, I myself did not enjoy it much and very clearly it was the further bastardization of dinosaurs and core concepts of Jurassic Park (both novel and the 1993 movie). Having more action and more dinosaurs with humans trapped on an island did not work for me and the only movie that executed those elements well as the first one directed by Spielberg. Still, there are lots of YouTubers who posted videos about Jurassic World and you can see how the movie impacts them and what they think about it in the selected videos below.

#6 You, Me and the Movies react to April Fool’s Day – Released in 1986, April Fool’s Day is a dark comedy, mystery, slasher film that follows several college students on an island estate. On face value, it looked like a typical slasher horror film but it offered moviegoers something else. You should watch how You, Me and Movies react to it in their video below.

+++++

USAID formally shut down and incorporated into State Department

July 4, 2025July 3, 2025carlocarrasco

They finally did it! The United States Agency for International Development (USAID) –the independent agency of the American government responsible for administering civilian and foreign aid – was formally shut down by the Trump administration and has been incorporated into the State Department, according to a news report by Breitbart.

It should be remembered that USAID was heavily abused for a long time and a lot of taxpayers’ money was abused for questionable and wrongful purposes around the world such as funding LGBTQ projects, pushing abortion overseas, overseas tourism promotions, terrorist funding, creating a Sesame Street in Iraq, creating a mural in Parañaque City, and more.

As expected, there are high-profile figures who still want USAID to continue even though the abuses have been exposed. This new development with USAID is undeniably a major change decades in the making and United States Secretary of State Marco Rubio issued statements defending the move.

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

The US foreign aid agency formally closed down Tuesday, with President Donald Trump’s administration trumpeting the end of the “charity-based model” despite predictions that millions of lives will be lost.

Founded in 1961 as John F. Kennedy sought to leverage aid to win over the developing world in the Cold War, the US Agency for International Development (USAID) has now been incorporated into the State Department — after Secretary of State Marco Rubio slashed 85 percent of its programming.

In a farewell to remaining staff on Monday, former presidents George W. Bush and Barack Obama — as well as U2 frontman Bono — saluted their work and said it was still needed.

Bush pointed to PEPFAR, the massive US effort to fight HIV/AIDS that he considers one of the top achievements of his 2001-2009 Republican presidency.

“This program shows a fundamental question facing our country — is it in our nation’s interest that 25 million people who would have died now live? I think it is,” Bush said in a video message seen by AFP.

Obama, who like Bush has been sparing in openly criticizing Trump, said that ending USAID was “inexplicable” and “will go down as a colossal mistake.”

“Gutting USAID is a travesty and it is a tragedy because it’s some of the most important work happening anywhere in the world,” the Democrat said.

A study published in the medical journal The Lancet predicted that more than 14 million people would die, a third of them small children, by 2030 due to the foreign aid cuts.

‘Little to show’ – Rubio painted a drastically different picture of USAID, which was an early target of a sweeping government cost-cutting drive led for Trump by billionaire Elon Musk.

Rubio said that USAID’s “charity-based model” fueled “addiction” by developing nations’ leaders and that trade was more effective.

“Beyond creating a globe-spanning NGO industrial complex at taxpayer expense, USAID has little to show since the end of the Cold War,” Rubio wrote in an essay.

He also complained that many recipients of US aid do not vote with the United States at the United Nations and that rival China often enjoys higher favorability among the public.

A senior State Department official, speaking on condition of anonymity, said that The Lancet study relied on “incorrect assumptions” and said the United States will continue aid but in a “more efficient” way.

He said that PEPFAR will remain, with a priority on stopping HIV transmission from mothers to children.

But he acknowledged the United States was no longer funding PrEP medication, which significantly reduces the rate of HIV transmission and has been encouraged by high-risk communities.

“No one is saying that gay men in Africa shouldn’t be on PrEP. That’s wonderful. It doesn’t mean that the United States has to pay for every single thing,” the official said.

He said the Trump administration was looking at “new and innovative solutions” and pointed to food deliveries in war-battered Gaza staffed by US military contractors and surrounded by Israeli troops.

Witnesses, the United Nations and local Gaza officials have reported that Israeli troops have repeatedly opened fire and killed Palestinians waiting for aid — although the US-backed initiative, the Gaza Humanitarian Foundation, denies any deadly incidents.

Let me end this piece by asking you readers: What is your reaction to this development? Are you satisfied with the formal end of USAID and its incorporation into the State Department? Do you think a lot of people’s lives around the world will suffer from the shutdown of assistance from USAID?

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

+++++

What to watch on YouTube right now – Part 86

June 30, 2025June 24, 2025carlocarrasco

I recommend you check out the following videos I found.

#1 Retrospective look back at Superman (1978) – I don’t know with you readers but I am not excited about the new Superman movie directed by James Gunn. Nowadays I am more nostalgic about DC Comics’ most famous superhero and I have been reading decades-old Superman comic books. As for movies about Superman, the 1978 movie that starred Christopher Reeve remains a classic for long-time fans of the Man of Steel. If you are wondering how much impact does Superman of 1978 have on YouTubers, watch the videos posted below. If you have not seen Superman of 1978 yet, watch it first. Otherwise, enjoy the assorted videos below.

#2 Trump-led America obliterates nuclear sites in Iran – As Israel and terrorist state Iran continued their war, the United States led by President Donald Trump pulled off a significant move by heavily bombing the enemy’s nuclear sites. With the wicked regime of Iran (in power since 1979) substantially weakened, the bombings were very helpful not only to Israel but also to the Iranian people (who did not join their evil government’s terrorism) who had been wanting freedom for a long time. Watch and learn from the related videos below.

#3 PatmanQC examines Tapper – With my digital Xbox copy of Midway Arcade Origins, I was able to play the classic arcade game Root Beer Tapper (AKA Tapper) on my Xbox Series X. I’ve been having a lot of fun playing it and I admire the game’s design and responsive controls. For the newcomers reading this, Tapper was first released in arcades by Midway in the 1980s and made it to many computers and consoles. Not only that, the game has intriguing details behinds its history and there was more than one version of Tapper released. To learn more about the history of Tapper, watch the in-depth video of PatmanQC below.

#4 Unsolved Mysteries Season 5 Episode 8 – As I was doing a round of replaying past episodes of Unsolved Mysteries (hosted by the late Robert Stack), I replayed the 8^th episode of the show’s 5^th season. The said episode has an intriguing story about a man’s close encounter with a UFO in North America, a scandal within Frontera prison, a shocking crime story and updates to previous stories shown. Take time out to watch the entire episode below.

#5 Defiant Comics revisited – If you are into comic books, have you ever heard of Defiant Comics? I would not be surprised if you have not heard of the publisher or if never ready any of its comic books. Founded in 1993 by former Marvel Comics editor-in-chief Jim Shooter, Defiant Comics published some comic books that had new and unique concepts (read my reviews of Warriors of Plasm #1 and Charlemagne #1) that went against type. Unfortunately the company went out of business in 1995 as a result of having to spend a lot of money on a legal battle with Marvel Comics. On YouTube, there are not too many retrospective videos about Defiant Comics and I posted below a video that can help you discover comics, cards and details about the said publisher.

+++++

What to watch on YouTube right now – Part 85

June 25, 2025June 21, 2025carlocarrasco

I recommend you check out the following videos I found.

#1 The Cannonball Run revisited by GoodBadFlicks and You, Me and the Movies – Do you enjoy 1980s comedy films? How about a film that has comedy, an all-star cast, lots of cars and lots of stunts? You will find that in The Cannonball Run which was released in 1981 and became a box office hit. The film has a memorable cast including Burt Reynolds, Roger Moore (technically playing James Bond), Farrah Fawcett, Dom DeLuise, Jackie Chan, Adrienne Barbeau, Tara Buckman and others. For your enjoyment, I posted below the recent reaction video by You, Me and the Movies, and a retrospective video by GoodBadFlicks. If you have not seen The Cannonball Run, watch it first (available on Blu-ray format). Otherwise, enjoy the videos below.

#2 PatmanQC examines Super Mario Bros. 3 – When it comes to picking which is the most influential platform game on the Nintendo Family Computer (Famicom)/Nintendo Entertainment System (NES), Super Mario Bros. and Super Mario Bros. 3 are often the most popular choices as both games are really great. While the first game sold a lot more copies worldwide, the third game remains highly significant as it influenced platform game designers for a number of years. Not only that, Super Mario Bros. 3 notably was featured in the 1989 movie The Wizard. To see how Super Mario Bros. 3 was made, what the legendary Shigeru Miyamoto and teammates did and how much of an impact the game had on players, watch the in-depth video of PatmanQC below.

#3 Unsolved Mysteries examines 2001 anthrax attacks – 2001 will always be remembered as a year of uncertainty and chaos. During that year, 9/11 shocked the world which raised public fear about terrorism. Adding further to the shock and fear of the time, the 2001 anthrax attacks happened shortly after 9/11. Suddenly, a lot of people got afraid of touching pieces of mail as the anthrax attacks happened through the distribution system of the US Postal Service. Eventually, the TV series Unsolved Mysteries (hosted by the late Robert Stack) released an episode dramatizing and examining the 2001 anthrax attacks. Before watching the video below, be advised that the details can be quite disturbing.

#4 Examining the so-called success of Xbox RPG Avowed – It has been months since the Obsidian-developed Xbox fantasy role-playing game (RPG) Avowed was released. Shortly after, there were these individuals or publishers that declared the game a success even though there is no evidence to prove it was. This only reminds me of the sad reality that there are a lot of woke activists, Marxists and fake fans who have infiltrated the gaming and entertainment industries which explains the misinformation spreading around us. I played and finished Avowed and I can say that it never lived up to my expectations and the long wait since it was first announced was not worth it. Along the way, it is clear that Obsidian allowed its assigned game makers to add elements of identity politics into Avowed. Externally, there are woke nuts among game journalists, vloggers and bloggers who dedicated themselves to make Avowed look like a smash success even though reality, truth and facts are not on their side. Watch and learn from the selected videos below.

#5 James Gunn’s Superman movie to end up a huge disappointment? – Recently here in the Philippines, director James Gunn, producer Peter Safran, Rachel Brosnahan and David Corenswet arrived to meet the fans as part of their world tour to promote the new Superman movie. Considering how lavish the activities and promotions are, it is simply hard to ignore that Superman of 2025 is looking bound for box office disappointment based on the latest box office analysis and predictions. While RK Outpost examines the weakening Superman box office prospects, Ranting for Vengeance examines the many elements of the James Gunn-directed movie (based on the latest footage shown) that could turn off long-time and genuine Superman fans, and lead to failure. Watch the videos below and pay close attention to the details.

+++++

Philippines manufacturing activity slowed down in May 2025

June 7, 2025June 3, 2025carlocarrasco

In what could be a possible sign of economic slowdown in the Philippines, manufacturing activity for the month of May this year slowed down as demand from foreign markets weakened, 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…

GROWTH in Philippine manufacturing activity slowed in May due to declining output and weaker demand from foreign markets amid global trade tensions.

The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI), which measures the country’s monthly factory performance, settled at 50.1, slipping from 53 in April. This was the lowest index since the 49.4 contraction in March.

A PMI reading above 50 denotes better operating conditions month on month, while a reading below 50 shows the opposite.

“The promising growth observed at the beginning of the second quarter signaled a notable cooling in May,” Maryam Baluch, an economist at S&P Global Market Intelligence, said in a report on Monday. “While new orders continued to increase, they did so at a slower pace, overshadowed by contractions in other areas.”

S&P Global data on the Association of Southeast Asian Nations (ASEAN) showed that only the Philippines expanded in May, while Vietnam (49.8), Myanmar (47.6) and Indonesia (47.4) all declined.

In its report, S&P Global said output declined in May, the second contraction in the past three months.

“Overall, the downturn was marginal, but companies noted softer demand conditions weighed on production,” it said.

Despite continuing to signal a rise in new sales, the rate of expansion in new orders was slight and weaker than in April, it added. This was reflected in the softer rate of increase in input buying activity.

“The situation was further exacerbated by a deteriorating demand from foreign markets, with May witnessing a sharper drop in new export orders,” Ms. Baluch said. “As global trade tensions escalate, the outlook for overseas demand appears increasingly precarious,” US President Donald J. Trump paused his reciprocal tariffs in April for 90 days but continues to apply a 10% baseline tariff rate for most trading partners.

Ms. Baluch said the drop in production requirements was accompanied by a fresh decline in employment and the inventories of both purchases and finished goods.

S&P said employment numbers declined for the first time in four months.

The pace of job shedding was marginal, but the strongest in 11 months, which factories attributed to voluntary resignations and the nonreplacement of those roles.

S&P also cited the limited manpower for a renewed buildup of backlogs across Filipino producers.

“On a brighter note, inflationary pressures remain modest and historically subdued, which could play an important role in supporting demand moving forward,” she said.

However, cost burdens and output charges rose to the highest since January.

“The stability of price pressures may also provide a necessary buffer against the challenges posed by a cooldown in new orders and external market uncertainties,” she added.

S&P Global said manufacturers expect new orders to continue to rise, supported by confidence in the year-ahead outlook for production, but the degree of optimism was the third weakest in the series’ history.

Analysts also said trade tensions and softer demand weighing down the country’s manufacturing activity in May.

The anticipation for higher tariffs likely caused subdued exports, said Reinielle Matt M. Erece, an economist at Oikonomia Advisory and Research, Inc.

“The persistent trade tensions continue to weigh on global trade, causing exports to drop as higher tariffs may be imposed,” he said in a Viber message.

Philippine exports in the first four months rose 9.5% to $26.87 billion, according to the local statistics agency.

Mr. Erece said domestic demand slowed as the election-spending season ended. Stronger manufacturing activity is expected later this year, as local authorities continue trade talks with the US Trade Representative, he added.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines’ manufacturing sector will rebound this month?

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

+++++

ANZ Research says Philippine economic growth for 2025 could slow down to 5%

May 2, 2025April 28, 2025carlocarrasco

By pointing to the trade policies of the United States and weak private spending, ANZ Research says that the economic growth of the Philippines for 2025 could slow down to 5%, according to a BusinessWorld news report. ANZ also downgraded its growth forecasts for many other Asian economies.

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

PHILIPPINE economic growth is expected to slow to 5% this year due to the fallout from the Trump administration’s trade policy and weak private spending, ANZ Research said.

In its latest Asia Insight report, ANZ cut its gross domestic product (GDP) forecast for the Philippines to 5% this year from 5.7% previously. It also lowered its 2026 GDP projection to 5.5% from 6% previously.

Both forecasts would fall short of the 6-8% growth target set by the Development Budget Coordination Committee from this year to the next.

“Our new forecasts incorporate our expectations of direct and indirect impact of tariffs, bilateral trade agreements between the US and individual economies, revised growth estimates for mainland China and the US and potential policy response,” ANZ Chief Economist for Southeast Asia and India Sanjay Mathur said.

The downward revisions constitute a “durable shock to regional growth as US tariffs imply a long-term reduction in global trade,” he added.

President Donald J. Trump slapped reciprocal tariffs on most of its trading partners earlier this month but suspended these higher tariffs for 90 days. Only the baseline 10% tariff remains in effect.

The Philippines was hit with a 17% reciprocal tariff, though this was the second lowest in Southeast Asia, just after Singapore.

“It is likely that some Asian economies will negotiate down or even do away with the April 2 reciprocal tariffs owing to the potential damage to US growth,” Mr. Mathur said. “Even so, the uncertainty around US trade policies will constrain business activity, including hiring and investment.”

ANZ slashed its growth projection for Asia, excluding China and India, to 2.9% this year from 3.4% previously. It also trimmed its 2026 forecast to 3.3% from 3.5% previously.

ANZ also downgraded its GDP projections for all countries it covers, namely India, Indonesia, Malaysia, Singapore, Taiwan, Thailand, South Korea and Vietnam.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines will be able to negotiate with the United States on tariff and trade matters soon?

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

+++++

What to watch on YouTube right now – Part 64

March 21, 2025March 20, 2025carlocarrasco

I recommend you check out the following topics and the related videos I found.

#1 Popcorn in Bed reacts to Planet of the Apes sequel – Following its reaction video of the original Planet of the Apes which gathered over 136,000 views, YouTuber Popcorn in Bed posted its reaction to the sequel Beneath the Planet of the Apes, and it is entertaining watch. This could inspire you to watch the 1970 film eventually.

#2 The Democrats keep on getting more pathetic, desperate and unhinged – When Donald Trump first took office as US President in 2017, the hatred, dishonest and wickedness of the Democrats (and their supporters) got exposed. Now that Trump is back in the Oval Office, today’s Democrats have turned even worse as they have turned more evil and more reckless. Not only that, the Democrats themselves have failed the American people as seen through the four years of the pathetic Biden-Harris administration. Watch the videos below.

#3 VKunia reacts to Jaws – Recently, YouTuber VKunia posted her reaction video about Steven Spielberg’s classic film Jaws. While there are indeed a lot of Jaws reaction videos on YouTube, this new video manages to be entertaining to watch. As this is a classic film, it is advisable for you to watch Jaws if you still have not seen it. Otherwise, watch VKunia’s video below.

#4 Gene Hackman remembered – As of this writing, the late Gene Hackman is already being missed by not just his fans but also by film buffs. For those who missed the news, Hackman and his wife were found dead which was shocking. In memory of Hackman, posted below are some video clips and reaction videos about his contributions to cinema.

#5 PatmanQC examines the Terminator 2 arcade game – Back in 1993, there was a time when I played the Terminator 2 arcade shooter a lot. No matter how chaotic the visuals and gameplay were, I still went on to have fun with it. Thanks to YouTuber PatmanQC, the details behind the making of the arcade smash hit are revealed in detail in his video. Watch it now.

#6 Plant-based meat in America fails – When it comes to food, the natural meat sourced from animals will always remain the best not just for meat lovers but also for people who enjoy food for their taste, satisfaction and organic state. That being said, it is not surprising at all that the plant-based meat brands like Beyond Meat are failing and the consumers made their choices very clear. People have seen how pretentious, dishonest and manipulative the media partners-in-crime of the plant-based companies have been for years and the quality of those products (example: burger patties made from plants and lab-produced materials) are not good and also not worth paying for. Watch and learn from the video below.

+++++

What to watch on YouTube right now – Part 63

March 17, 2025March 10, 2025carlocarrasco

I recommend you check out the following topics and the related videos I found.

#1 US President Trump’s address to Congress – Recently, US President Donald Trump addressed the joint houses of Congress and it came at a time when his 2^nd non-consecutive term implemented so many reforms right from the start. Along the way, the Trump administration pushed back hard against illegal immigration, exposed the corruption of USAID, reinvigorated the USA-Israel alliance and more. Trump’s speech is a must-watch as it will give you a clear view on the direction of the current administration and the pathetic Democrats can only rebel and freak out. Clearly, America is back!

#2 Popcorn in Bed reacts to No Way Out – I never saw No Way Out in the cinemas when it was first released in 1987. I saw some parts of it on cable TV but decided not to watch it further since I missed the start of its showing. Recently, YouTuber Popcorn in Bed posted a reaction video about the film and I enjoyed watching how they (Cassie and Carly) reacted to several key moments of it. Oh yes, the late Gene Hackman is in No Way Out and the reaction video was posted not so long after his death.

#3 Varied developments and views about Trump’s address to US Congress – Going back to US President Trump’s address to Congress, there were lots of developments that happened along the way. One of the Democrats was so disrespectful, he got escorted out of the venue. Meanwhile, the Satanic Left mainstream news media networks ended up getting embarrassed as their own viewers reacted positively to Trump’s speech. Posted below are the must-see videos.

#4 AVGN reviews the Gex game trilogy – Remember long ago when there were several Gex videos games released across multiple platforms during the 1990s? Gex is no longer remembered by most gamers today but the first game was successful enough, it led to the release of sequels. Recently, the Angry Video Game Nerd (AVG) posted a video about the Gex video games. Check it out.

#5 The rise and fall of the Halo game franchise – If there is any video game franchise that truly defined Xbox – not only as a brand but as a series of consoles and an ecosystem for gamers – it is definitely the Halo franchise. Bungie was the original developer of Halo and the first game was already in development even before Microsoft acquired the studio. Bungie went on to produce several Halo games (from the original Xbox to Xbox 360) before leaving Team Xbox and Microsoft. Of course, the aesthetics and quality of Halo games under Microsoft’s own control changed mostly for the worse. Watch and learn from the video below.

#6 The French Connection trivia by Minty Comedic Arts – Going back to the late Gene Hackman, the most memorable of his cinematic performances that I ever saw is his role as Popeye Doyle in The French Connection. The 1971 film won the Academy Awards that mattered the most and I was fortunate enough to have seen it on a rented laserdisc in the early 1990s. Recently, YouTuber Minty Comedic Arts posted his trivia video about The French Connection which is a must-see!

+++++

	#tech on Patient Transport Vehicle From…
	#tech on American AI Companies Targetin…
	Privacy and Surveill… on American AI Companies Targetin…
	Business Channel on American AI Companies Targetin…
	Technology Channel on American AI Companies Targetin…

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this: