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What to watch on YouTube right now – Part 128

March 18, 2026March 11, 2026carlocarrasco

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 Leon Kennedy Is Gaming’s Significant Action Hero – Have you guys played Resident Evil: Requiem? I have not played it but the most notable buzz I heard about it was it emerged as a commercial success, and Leon Kennedy’s significance as a video game action hero is stronger than ever. Having played Resident Evil 2 of 1998 and 2019, plus Resident Evil 6, I can say that Leon Kennedy is a video game icon by today’s standards. In my view, the fictional hero is comparable with Clint Eastwood’s Dirty Harry. To learn more about the significance of Leon Kennedy and the quality of Resident Evil: Requiem, watch the video of Ranting for Vengeance below.

#2 Resident Evil of 1996 Revisited – Thirty years ago this month, Capcom released Resident Evil on PlayStation (followed by the Windows PC and Sega Saturn versions) and it became a big hit with gamers and critics. Since then, the Resident Evil games grew into a popular multimedia entertainment franchise and it is easily one of the most significant game franchises of all time. The 1996 original game was a successful experiment and it had a lot of content that added to its replay value. Times like these, it is important to revisit the first-ever Resident Evil game and I found a very comprehensive video about it which you can watch below.

#3 Fast Food In 1980s America – When I first visited the United States of America in 1989, me and my relatives had lots of fast food stops as we moved from one state to another by car. We had a nice variety of meals from food joints like Carl’s Jr., Burger King, McDonald’s, and Taco Bell to name some. I also had fast food stops when I revisited America in 1997, 2001, 2008 and 2011 but those experiences never matched the food stop experiences I had in 1989. To see what fast food in America was like in the 1980s, watch the video below.

#4 How Las Vegas Joints Scam Customers Without Breaking Laws – When I visited Las Vegas in 2011, I did not enjoy it that much because almost everything around me was too expensive. We stayed at a hotel along the famous Las Vegas strip which meant we were literally trapped by high rates here and there. As it turns out, the businesses there have been scamming customers and tourists without necessarily violating laws. How did they do it and what can you do to avoid such scams? Watch and learn from the video below.

#5 You, Me And The Movies React To The Godfather Trilogy – What is there to say about The Godfather movies of 1972, 1974 and 1990? Directed by Francis Ford Coppola, those movies were the most definitive cinematic portrayals of the mafia as well as the struggles of an Italian-American family. Al Pacino will forever be remembered as Michael Corleone while the late Robert Duvall was very memorable playing the great lawyer Tom Hagen. A few years ago, You, Me and the Movies took the effort to watch and react to The Godfather, The Godfather Part II and The Godfather Part III. I like how each movie – even with the third being the weakest and most disappointing one – drew their reactions. Watch and enjoy their reaction videos below.

#6 Ashleigh Burton Reacts To Annie – I never saw the 1982 musical film Annie in the cinema. As a young boy back then, I do remember the strong marketing and promotion of the movie prior to its release. A short time after its theatrical run, there were people in our local community singing “Tomorrow, Tomorrow, I Love You, Tomorrow, You’re Always A Day Away” and citing lines from the movie. Historically, Annie was not exactly a gigantic hit and it was made with a very large budget of $35 million. If you want to discover what Annie is about, I encourage you all to watch Ashleigh Burton’s entertaining reaction video below.

#7 Affordable Japanese Cruises – Have you thought about visiting Japan and spending time in a cruise ship? Considering the economic developments and trends of recent years, it seems cruises there are becoming more affordable and the great deals are only increasing. Watch and learn from the Nippon TV video below.

#8 The Ticking Structural Disaster Of San Francisco – Do you often spend time in San Francisco? Deep within the city is the high-end Millennium Tower and it is already a ticking disaster that could cause massive damage and deaths. This is because Millennium Tower has been leaning and sinking for many years now, and there is no solid way to solve its problem. If you intend to work and/or live in San Francisco, better stay away from Millennium Tower!

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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

Philippines Unemployment Rate Jumps To 5.8% In January 2026

March 18, 2026March 14, 2026carlocarrasco

With weaker economic growth and other problems already affecting the Philippines, the unemployment rate of the nation jumped to 5.8% this past January, according to a news report by BusinessWorld.

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

The Philippines’ unemployment rate climbed to 5.8% in January 2026, marking its highest level in more than three years, as the labor market cooled after the holidays, the Philippine Statistics Authority (PSA) said on Friday.

Preliminary results from the January 2026 Labor Force Survey (LFS) showed the number of unemployed Filipinos rose to 2.96 million, from 2.17 million in the same month last year, and 2.26 million in December 2025.

PSA Assistant Secretary Divina Gracia L. Del Prado said that the January unemployment rate was the highest recorded since June 2022, when unemployment stood at 6.0%.

The January jobless rate was higher than the 4.3% in January 2025, and the 4.4% in December 2025.

“Usually in our time series, after the Christmas season, our employment rate really goes down… because there are no longer available jobs,” Ms. Del Prado told a livestreamed news briefing.

“Because in December, of course, there are lots of jobs available for our labor force. But month on month, the number of unemployed increased by 695,000. And most of the reasons for this are that people got tired — maybe they were exhausted from working in December, or believing that there are no jobs available,” she added.

The quality of employment also saw a shift, as the underemployment rate — the proportion of those with jobs but seeking more hours — stood at 13.2% in January 2026. This was a tad lower than the 13.3% underemployment rate in January 2025, but higher than the 8% in December 2025.

About 6.35 million Filipinos were considered underemployed persons in January, slightly decreased from the 6.47 million underemployed in January 2025, and 2.42 million seen in December 2025.

The country’s employment rate fell to 94.2% in January 2026, down from 95.7% in January 2025 and 95.6% in December 2025. This was also the lowest employment rate recorded since June 2022 when it stood at 94%.

The number of employed persons in January 2026 fell to 47.94 million, a decline from 48.49 million employed in the same month last year, and 49.43 million in December 2025.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you personally know anyone who has been unemployed for the past three months? Do you consider the higher unemployment rate a sign that the economy of the Philippines could fall into a recession 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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National Security Council Secretary Ali Larijani And Basij Commander Of Iran Eliminated By Israel

March 18, 2026March 20, 2026carlocarrasco

In what can be described as the most significant eliminations since that of the demonic Ayatollah Ali Khamenei, the Israel Defense Forces (IDF) successfully eliminated Iran’s Supreme National Security Council Secretary Ali Larijani and Basij Commander Gholamreza Soleimani, according to a news report by The Jerusalem Post.

To put things in perspective, posted below is an excerpt from The Jerusalem Post news report. Some parts in boldface…

Iran’s Supreme National Security Council Secretary Ali Larijani was killed in a targeted Israeli airstrike in Iran overnight, the IDF and Defense Minister Israel Katz confirmed on Tuesday afternoon.

Israeli confirmation of the assassination came after three separate sources confirmed to The Jerusalem Post he was targeted in what is the single most momentous targeted killing following the death of former supreme leader Ali Khamenei.

The military referred to Larijani as “the de facto leader of the Iranian terror regime.”

Basij commander killed along with ‘majority of leadership’ – The IDF also confirmed it had assassinated the head of the Islamic Revolutionary Guard Corps’ Basij paramilitary militia, Gholamreza Soleimani, and his deputy, Seyyed Karishi. The two were killed in a makeshift tent area, which had been set up to make it harder to follow them as opposed to in a known headquarters.

An Israeli official also confirmed to The Jerusalem Post that the majority of the Basij leadership was eliminated overnight in the Israeli airstrike.

The military also announced that it killed the IRGC’s Aerospace Force chief.

Larijani was due to give public address in Iran on Tuesday – Iranian authorities stated that Larijani was due to give a public address on Tuesday, but two IDF sources expressed skepticism about his making a statement and expressed stronger optimism that the strike succeeded in killing him, before his death was announced.

After Larijani’s death was confirmed, the Mossad Farsi account posted on X/Twitter, saying “In the end, people without mercy will die.”

The Prime Minister’s Office released an image later on Tuesday, which it said captured the moment in which Prime Minister Benjamin Netanyahu issued the order for the targeted assassinations.

Netanyahu also released a statement via video following confirmation of Larijani’s death, calling him the “boss” of the regime, whom he called a “group of gangsters.”

“We’re undermining the regime, in the hope of giving the Iranian nation the opportunity to get rid of it,” he said. “It won’t happen all at once, it won’t happen easily, but if we commit to it, we’ll be able to give them the chance to take their fates into their own hands.”

Larijani was ‘de-facto leader’ of Iran after Khamenei’s killing – Some have viewed Larijani as the man running the Iranian regime since Ayatollah Ali Khamenei was assassinated by the IDF, along with Iran’s military chief, IRGC chief, defense minister, and around 40 other top officials on February 28.

Larijani has been the Islamic regime’s most public voice, responding directly to threats and comments by US President Donald Trump and others.

Whereas Mojtaba Khamenei has been technically appointed the next supreme leader, IDF and American intelligence have said he is badly wounded, and given a total lack of public appearances, doubts have been expressed about whether he is actually running the country.

Further, Larijani was promoted to run day-to-day operations for the country and all negotiations with the West over the conflict in the weeks before the war started.

Larijani, on March 1, announced that he would be heading an interim committee for running the country, given Khamenei’s death. However, just because Larijani issued such a statement does not mean that he is for sure calling the shots.

The Iranian leader has had ups and downs with Khamenei, having been an IRGC commander, speaker of parliament, and a national security council chief, but then was disqualified from running for Iranian president to pave the way for Ebrahim Raisi’s election in 2021, and was out of favor for a time.

However, in recent months, Larijani made a comeback as one of the older and still living top advisers to Khamenei, following so many top officials being killed in June 2025, and became Khamenei’s number two, running the country’s day-to-day security affairs and nuclear negotiations with the US.

If Larijani has been the number one official in Iran these last two weeks, and even if he is only one of the top few, killing or wounding him could significantly impact the overall strategic picture.

This development is the latest addition to the number of Islamic terrorist leaders Israel eliminated under the leadership of Prime Minister Netanyahu. With Larijani confirmed dead, one has to wonder who exactly are leading the Islamic terrorist regime of Iran and why is it their chosen so-called supreme leader – son of the demon Ali Khamenei – has not physically emerged. For additional insight, watch the YouTube news video below.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the significance of the latest Islamic terrorist leaders of Iran will be realized soon as the war in the Middle East goes on? Who do you think is actually leading the evil regime of Iran right now?

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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Japan Releases Oil Reserves

March 17, 2026March 16, 2026carlocarrasco

As expected, Japan officially started releasing yesterday its oil reserves to stabilize the distribution of petroleum products and to ensure a good supply as the war against the Islamic terrorist regime of Iran continues, according to a Kyodo News report.

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

Japan began to release oil from its reserves Monday to alleviate supply concerns that have grown amid the U.S.-Israel war with Iran and stabilize the distribution of petroleum products, taking the step ahead of a planned International Energy Agency-led move.

In its first oil release since 2022, when it joined an IEA coordinated effort following Russia’s full-scale invasion of Ukraine, Japan is initially freeing up 15 days’ worth of reserves held by the private sector, with a month’s worth of state-held oil to follow.

Chief Cabinet Secretary Minoru Kihara said the release was decided as Japan’s crude oil imports are expected to decrease significantly from late March onwards due to the effective closure of the Strait of Hormuz, which many tankers traverse.

“We plan to make efforts so that (the released oil) will circulate in the market smoothly,” he said, adding the government will “continue to take every possible step to ensure the stable supply of energy, through international coordination and without ruling out any options.”

The IEA said Sunday the planned coordinated release of oil by its 32 member countries, including Japan, will “soon start.”

It said last week that the countries will make 400 million barrels of oil available to the market in response to the disruptions resulting from the Middle East conflict.

Crude oil futures have been surging amid growing prospects of a prolonged conflict, with the benchmark West Texas Intermediate crude oil futures contract briefly topping $100 per barrel again in New York on Sunday, after a similar spike a week earlier.

The Japanese government will reduce the mandatory 70-day reserve requirement for oil refiners and trading companies under Japan’s oil stockpiling law to 55 days’ worth, allowing them to draw down their existing stocks for use.

Last Wednesday, Prime Minister Sanae Takaichi announced the government’s plans to release about 80 million barrels of oil, the largest ever, equivalent to 45 days’ worth of domestic consumption and 1.8 times the amount released after the massive earthquake and tsunami in 2011 that devastated Japan’s northeast.

Preparations are under way to sell oil in government-held reserves to wholesalers.

As of the end of 2025, Japan held reserves of approximately 470 million barrels of oil, equivalent to 254 days of domestic consumption, of which 146 days’ worth were government-owned, 101 days held by the private sector, and the remainder jointly stored by oil-producing countries.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think newly released oil reserves will stabilize the Japanese market for petroleum products? Do you think the joint Israel-US campaign against the Islamic terrorist regime of Iran will ultimately cause the enemy to surrender 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.

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Philippines Attracted Only $7.79 Billion In Foreign Direct Investment In 2025

March 16, 2026March 12, 2026carlocarrasco

It can be said that 2025 is indeed a very disappointing year for the Philippines as it attracted only $7.79 billion in terms of net inflows of foreign direct investments (FDI), according to a news report by the Manila Bulletin. The said figure is a drop of more than 17% compared with 2024 and it is recalled that the flood control corruption scandal of 2025 negatively affected the nation.

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

Net inflows of foreign direct investment (FDI) into the Philippines plunged to their lowest level in a decade—excluding the pandemic slump—as investors stepped on the brakes on injecting funds into the country.

The latest data from the Bangko Sentral ng Pilipinas (BSP) released on Tuesday night, March 10, showed net inflows of FDI stood at $7.79 billion for the full year of 2025, dropping 17.1 percent from the $9.4 billion recorded in 2024.

It bears noting that the 2025 performance marks a significant downturn, as full-year FDI was the lowest since the 2020 pandemic level of $6.82 billion.

Excluding the pandemic period, 2025 net FDI represents the lowest level in a decade since the $5.64 billion recorded in 2015. This contraction was a consistent trend throughout 2025, with cumulative annual growth remaining negative every month since January.

On a positive note, the final figure exceeded the country’s $7-billion full-year target.

According to the BSP, the overall decline in investments was largely driven by net debt instruments, or intercompany borrowings, which shrank by 27 percent to $5.27 billion from $7.22 billion in 2024.

Meanwhile, net equity capital, other than reinvestment of earnings, grew by 31.4 percent to $1.32 billion from $1.01 billion the previous year. Reinvestment of earnings also saw a modest expansion of 2.5 percent, reaching $1.2 billion.

For the full year, equity capital placements were primarily sourced from Japan, the United States (US), Singapore, and South Korea.

Investments were largely channeled into financial and insurance activities, manufacturing, and wholesale and retail trade.

In December 2025 alone, net inflows were recorded at $560 million, marking the lowest in three months since September 2025 at $316 million.

Robert Dan Roces, group economist at SM Investments Corp. (SMIC), said investors delayed their investments, particularly in December. He added that softer inflows likely reflect seasonality.

Looking ahead, Roces believes the ongoing military conflict in the Middle East could add a layer of uncertainty, triggering market volatility. Still, he sees a gradual rebound in 2026 on the back of improving global financial conditions.

“While the Iran conflict adds uncertainty through higher oil prices and market volatility, we still expect FDI to gradually recover in 2026, particularly in manufacturing, renewable energy (RE), and logistics, as global financial conditions ease and supply-chain diversification continues,” Roces said.

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 rebound strongly this year with foreign investors?

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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South Korea To Adjust Visa Incentives To Attract Foreign Talent

March 15, 2026March 10, 2026carlocarrasco

South Korea is aiming high to attract more highly skilled professionals from around the world and it will soon introduce new visa programs for technicians and sector-specific workers, according to a news report by VnExpress. For insight, South Korea has a low birth rate and a rapid aging population.

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

South Korea plans to expand eligibility for its “top-tier visa” for highly skilled foreign professionals and introduce new visa programs for technicians and sector-specific workers, part of broader efforts to address the country’s low birth rate and rapidly aging population.

Justice Minister Jung Sung-ho announced the measures at a press briefing on Tuesday, describing them as part of the government’s long-term immigration strategy looking toward the 2030s, according to Yonhap News Agency.

The top-tier visa is currently granted mainly to professionals working in eight advanced sectors, including semiconductors, artificial intelligence and robotics. Under the revised policy, eligibility will be expanded to include professors and researchers in science and technology fields.

The Justice Ministry said it developed the “2030 Immigration Policy Future Strategy” in response to declining birth rates and an aging population, as well as rapid changes in industrial and technological environments.

Authorities also plan to introduce a new visa program called the K-Core Visa (E-7-M), allowing international students graduating from Korean junior colleges to remain in the country for longer periods, The Korea Herald reported.

To address labor shortages in the care sector, the government will designate selected colleges in each region to specialize in training foreign caregivers.

The ministry also intends to launch a regional immigration package program aimed at encouraging foreign residents to live and work in areas experiencing population decline. The initiative will offer support such as employment and business information, social integration programs and childcare assistance to help foreign workers and their families settle in local communities.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the authorities in South Korea are carefully with the plans they came up with to attract more skilled foreign workers? Do you think the plan will result in a huge impact on the country’s population and demographics? Do you think South Korea has enough measures to prevent illegal immigration from happening?

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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SBMA And Leechiu Property Consultants To Advance Freeport Investments And Tourism

March 14, 2026March 9, 2026carlocarrasco

Having been to the Subic Bay Freeport Zone many times already, the former US Naval base has been a strong engine for tourism, commerce and investments for the Philippines over the decades. Each time I visited, there was also something new to discover and the economic modernization happened gradually.

In a serious bid to enhance investments and accelerate the growth of tourism, the Subic Bay Metropolitan Authority (SBMA) announced that it has teamed up with the Leechiu Property Consultants (LPC) and their officials had important talks recently.

To put things in perspective, posted below is an excerpt from the official announcement of the SBMA. Some parts in boldface…

Subic Bay Metropolitan Authority (SBMA) officials met with executives of Leechiu Property Consultants (LPC) to explore collaborative initiatives to accelerate tourism growth and investment promotion here.

Led by SBMA Business and Investment Group’s Senior Deputy Administrator (SDA) Renato Lee III, discussions focused on expanding high-impact tourism segments including cruise ship tourism, wreck diving, forest trails, and Meetings, Incentives, Conferences, and Exhibitions (MICE) activities.

David Lee-Chiu, CEO of Leechiu Property Consultants highlighted Subic Bay’s deep-water port and strategic location as key advantages in positioning the Freeport as a competitive cruise ship destination in Luzon.

Lee-Chiu also noted that increased cruise calls would drive growth across hospitality, retail, transport, and local enterprises.

Meanwhile, SBMA Chairman and Administrator Eduardo Jose L. Alino also mentioned “wreck diving” as a strong niche market, with Subic Bay’s historic shipwrecks that continue to attract both domestic and international divers.

Also discussed was the development and promotion of forest trails and eco-tourism experiences, recognizing Subic Bay Freeport’s protected forest areas as prime assets for sustainable tourism, nature-based recreation, and eco-adventure activities.

Let me end this post by asking you readers: What is your reaction to this recent development? If you have visited the Subic Bay Freeport Zone over the past three months, how was your stay and did you find the place worth revisiting? Do you think the SBMA can still achieve so much more in terms of tourism growth and business?

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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Meralco Signs MOU With Korean Entities For Philippines Nuclear Power Project Development

March 14, 2026March 10, 2026carlocarrasco

Another step towards a nuclear-powered Philippines happened as the energy giant Meralco signed a memorandum of understanding (MOU) with Export-Import Bank of Korea (KEXIM) and Korea Hydro & Nuclear Power (KHNP) for a strategic partnership on the development of nuclear energy projects in the country, 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…

MANILA ELECTRIC CO. (Meralco) has signed a memorandum of understanding (MoU) with Korea Hydro & Nuclear Power (KHNP) and the Export-Import Bank of Korea (KEXIM) to collaborate on the development of nuclear energy projects in the Philippines.

The partnership aims to leverage South Korean expertise to evaluate the feasibility of nuclear power through a multi-faceted approach.

Under the agreement, the three organizations will conduct joint discussions on reactor design and engineering, exchange technical and regulatory information, and work to “strengthen the Philippines’ nuclear legal and institutional frameworks.”

The scope of the MoU also covers early-stage project development, including “public acceptance initiatives, project planning, and site selection studies.”

The companies will focus on business and financial modeling, with KEXIM specifically exploring “potential financing structures and credit facilities” for Meralco’s prospective projects.

Meralco Chairman and Chief Executive Officer Manuel V. Pangilinan highlighted the strategic importance of the collaboration, saying “Partnering with KHNP and KEXIM gives us access to proven global expertise and enables us to study technology, business models, and financing options with greater depth. This MoU marks an early but consequential step in this important process.”

He also said that nuclear energy is a critical component of the company’s long-term strategy to ensure energy security.

“Nuclear energy is a way to diversify our portfolio and reinforce energy security, while offering a degree of insulation from fuel market fluctuations,” he said.

He added that Meralco’s initiative is “complementary to the Philippine government’s efforts to lay the groundwork for its nuclear power program” as the utility provider assesses how the technology can best contribute to its future operations.

KHNP, a subsidiary of Korea Electric Power Corp., is currently the largest power generation company in South Korea, while KEXIM serves as the nation’s state-owned official export credit agency.

Meralco is the country’s biggest private electric distribution utility, serving 39 cities and 72 municipalities. It also has interests in power generation through wholly owned units and equity stakes.

Let me end this post by asking you readers: What is your reaction to this recent development? Now that the MOU has been signed, do you feel more confident about the future of a nuclear-powered Philippines? Do you think new nuclear power facilities in the country will be realized in your lifetime?

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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For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Trump’s America To Launch Tariff Investigations On Several Countries

March 13, 2026March 12, 2026carlocarrasco

Even as the United States is busy working alongside Israel on the war against the Islamic terrorist state of Iran, the Trump administration announced that it will launch tariff investigations on several countries including trade partners like Japan, according to a news report by Kyodo News. The probes are meant to find out if unfair trading practices exist.

To put things in perspective, posted below is an excerpt from the Kyodo News report. Some parts in boldface…

U.S. President Donald Trump’s administration said Wednesday it will launch tariff investigations into what it sees as unfair practices by China, Japan and over a dozen other American trading partners.

According to U.S. Trade Representative Jamieson Greer, the move is intended to “uncover a variety of unfair trading practices related to excess capacity in production” in the manufacturing sector, and replace Trump’s sweeping tariff regime that was invalidated by the Supreme Court in February.

“Our view is that key trading partners have developed production capacity that is really untethered from the market incentives of domestic and global demand,” Greer told reporters.

The other trading partners facing the investigations, carried out under Section 301 of the Trade Act of 1974, are the European Union, Bangladesh, Cambodia, India, Indonesia, Malaysia, Mexico, Norway, Singapore, South Korea, Switzerland, Taiwan, Thailand and Vietnam, Greer said.

The statute, which allows the U.S. government to impose tariffs in response to a foreign country’s alleged unfair practices, was a favorite tool of Trump for justifying higher tariffs on Chinese imports when he started a trade war with Beijing during his first term as president.

After the U.S. top court on Feb. 20 struck down a large chunk of Trump’s far-reaching tariff agenda as imposed under the International Emergency Economic Powers Act, his administration introduced a new 10 percent global duty.

However, the new 10 percent surcharge, relying on a different legal framework, can only last 150 days unless Congress approves an extension.

Greer said the Trump administration seeks to complete the investigations as quickly as possible and prepare for new Section 301 tariffs within the 150-day period.

The statute requires consultations with the governments of the targeted trading partners before tariffs can be imposed.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the United States is doing the right thing with the multiple trade investigations? How do you think the Trump administration will adjust its tariff policy once the 150-day period expires?

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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Japan To Release Oil Reserves As Early As March 16

March 13, 2026March 12, 2026carlocarrasco

As many countries around the world are already struggling with the economic disruptions and the spike in oil prices as a result of the ongoing chaos in the Middle East, Japan has decided to release its own oil reserves and it could happen as early as Monday (March 16), according to a news report by Kyodo News.

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

Japan will begin drawing down its oil reserves as early as next Monday to deal with a possible sharp rise in gasoline and other petroleum product prices amid the Middle East conflict, Prime Minister Sanae Takaichi said.

Takaichi told reporters on Wednesday that Japan will release 15 days’ worth of reserves held by the private sector and then one month’s worth of government-held oil without waiting for a decision coordinated by the International Energy Agency.

It will be the first time Japan has released its government oil reserves individually, not in an internationally coordinated way, since the stockpiling of oil began in 1978.

Japan’s dependency on the Middle East for crude oil is “prominently high” compared with other countries and imports are expected to “significantly drop late this month or later,” necessitating measures to prevent a disruption to the supply of gasoline and other petroleum items, Takaichi said.

Citing the possibility that the average price of domestic retail gasoline could surpass 200 yen ($1.26) per liter, Takaichi also said she aims to keep the price at around 170 yen by utilizing a government fund.

The price of gasoline hit as low as 154.70 yen in mid-January but rose to 161.80 yen per liter as of Monday, according to industry ministry data.

“We will flexibly review the support measures to ensure continuous relief for the public even if the (Middle Eastern) situation is prolonged,” Takaichi said.

Japan imports more than 90 percent of its oil from the Middle East, making it highly vulnerable to the effective closure of the Strait of Hormuz, which has prevented the transportation of oil and gas from suppliers in the Persian Gulf, after the U.S. and Israel attacked Iran late last month.

As of the end of December, Japan had 470 million barrels of oil reserves equivalent to 254 days of domestic consumption, of which 146 days’ worth were government-owned, 101 days held by the private sector, and the remainder jointly stored with oil-producing countries.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Japan made the right decision to release its oil reserves good for fifteen days? Do you think Japan will be able to find new and alternative sources of oil so that it can cut its reliance on Middle East oil?

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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