war – Author Carlo Carrasco

Trilateral Framework Agreement Aimed At Dismantling Hezbollah Signed by US, Israel And Lebanon

June 28, 2026June 27, 2026carlocarrasco

Following the initial talks in Washington, the United States, Israel and Lebanon signed a trilateral framework agreement that outlines a structured process for disarming the Islamic terrorist group Hezbollah, the terrorist infrastructure and enabling the Israel Defense Forces (IDF) to withdraw from Lebanon one the terrorist threat is removed, according to a news report by The Jerusalem Post.

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

The United States, Israel, and Lebanon signed a trilateral framework agreement aimed at combating Iran-backed Lebanese terrorist group Hezbollah on Friday, after days of US-mediated talks in Washington.

According to a US State Department statement, the agreement outlines a structured process for disarming Hezbollah, dismantling terrorist infrastructure, and enabling the IDF to withdraw from Lebanon once the threat posed by Hezbollah is removed.

The agreement also established a US-facilitated trilateral Military Coordination Group for Lebanon (MCG4L) to ensure the implementation of the framework.

The US, according to the statement, will also take steps to improve the capabilities of the Lebanese Armed Forces and support Lebanese military efforts against Hezbollah.

In addition, the US pledged to contribute $100 million for humanitarian assistance to be coordinated with the United Nations.

A first step towards peace, prosperity, and mutual coexistence – US Secretary of State Marco Rubio commended Israeli and Lebanese leadership and delegations for their participation in the talks and for signing the agreement.

While Rubio noted that there is still much work ahead, he highlighted the importance of the framework and stated that the US is “honored to have played a part in bringing this together.”

“Today is the first step. This first step sometimes is the hardest one, but it’s an important one and the one we’ve taken together,” Rubio stated, adding that he hopes the agreement will bring about “a future of peace, a future of prosperity, a future of mutual coexistence.”

During the signing of the agreements, Israeli Ambassador to the US Yechiel Leiter praised the trilateral cooperation as a “historical” move towards peace between Israel and Lebanon.

“In my opening remarks four days ago, I expressed concern that this train was running off the tracks, that Iran and its proxies wanted a trainwreck,” Leiter recounted.

He continued to describe that through the work of all involved with the negotiations, “we have put the train back on the tracks, and it’s running in the right direction,” towards “real peace, where both countries will live in security; where Israel’s and Lebanon’s sovereignty will be respected, honored, and protected.”

Framework agreement a ‘major achievement for Israel,’ Netanyahu says – Prime Minister Benjamin Netanyahu responded to the announcement in a video message on Friday, describing the framework as “a major achievement for the State of Israel.”

Netanyahu affirmed that as of the signing of the agreement, Israel will “remain [in] the security zone in southern Lebanon” and coordinate the withdrawal of Israeli troops from the area as the Lebanese army works to disarm Hezbollah and establish control over territory.

Let me end this piece by asking you readers: What is your reaction to this development? Are you convinced that the newly signed trilateral framework agreement will result in breakthroughs that can lead to real peace and coexistence between Israel and Lebanon? Do you feel confident that the Islamic terrorist group Hezbollah will get cornered (militarily and diplomatically) and stand down eventually?

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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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 @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

US Secretary Of State Rubio Warns Iran To Drop Its Fantasy Of Imposing Fees On Ships Passing Through Strait Of Hormuz

June 27, 2026June 26, 2026carlocarrasco

As Iran continues to be unpredictable following the deal it signed with the United States, US Secretary of State Marco Rubio warned the Islamic terrorist state against the fantasy of imposing fees on ships passing through the Strait of Hormuz, according to a Newsmax report.

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

Secretary of State Marco Rubio on Thursday warned Iran against “the fantasy” of imposing fees on ships passing through the Strait of Hormuz.

Speaking after meetings with Gulf Cooperation Council leaders in Bahrain, Rubio said the Trump administration will not tolerate any attempt by Tehran to charge commercial vessels for using one of the world’s busiest shipping lanes.

“Fees and tolls are the same thing to me,” Rubio told reporters. “If you’re paying someone to go there, I don’t care if you call it a fee or a toll or a donation. It’s a toll.”

Rubio argued such a system would be impossible to enforce without threatening international shipping.

“Let’s say a ship says, ‘Well, I’m not going to pay the fee,’” he said. “It’s not like a toll on a road. You don’t get a ticket in the mail. They get shot at. You shoot at one ship, you sink one ship, no other ship is going to move. So that sort of system is not only unwise, it can’t happen. It’s not even workable. So you might as well abandon the fantasy now.“

The secretary said there was “zero support” among Gulf nations for any tolling system and emphasized President Donald Trump has made clear that charging for passage through the strategic waterway “cannot be a part” of any agreement with Iran.

“There isn’t a nation on Earth that supports having to pay money to go through the straits,” Rubio said, adding, “If you are charging money to use the straits, we won’t support it. We won’t tolerate it. We won’t allow it.“

Rubio’s remarks came after reports that some Iranian officials have floated charging ships for security, insurance, and other services following last week’s U.S.-Iran memorandum of understanding, which temporarily restored free navigation through the strait while broader negotiations continue.

Under the agreement brokered by the Trump administration, Iran agreed to permit toll-free passage for at least 60 days as both sides pursue a broader peace arrangement.

Rubio stressed the administration is focused less on Tehran’s rhetoric than on its actions.

“We’re interested in whether or not ships are moving,” he said. “If ships are moving as they should be moving, then that’s what we’re going to judge. If this rhetoric is backed up by actual ships being threatened and ships are not moving, that’s a violation of the agreement and we’re going to have a problem with it.”

Let me end this piece by asking you readers: What is your reaction to this development? Do you think it is just a matter of time before the Islamic terrorist regime of Iran threatens to hit ships and force them to pay a fee for passage through the Strait of Hormuz? Who do you think is actually leading the current 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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Israeli Officials Fear Terrorist State Iran Will Not Live Up To Deal With America

June 19, 2026June 18, 2026carlocarrasco

The deal between the United States and the Islamic terrorist regime of Iran has officially been signed with the goal of winding down the military conflict and starting a negotiating window of sixty days. US President Donald Trump himself sign it while attending the G7 Summit in France.

For Israeli officials however, they feared that Iran will not live up to the deal and will most likely use the 60-day window to strengthen its position, exploit potential loopholes and even prolong the process, according to a news article by The Jerusalem Post. There is no guarantee that Iran will be prevented from launching ballistic missiles at Israel.

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

Israeli defense officials fear Tehran will use the 60-day window to buy time and strengthen its position, with Iran expected to receive significant relief in economic sanctions and in fuel and oil trade, according to an N12 news site report.

Israeli intelligence assessments, as conveyed to the political echelon in recent days, indicate that Iran’s Supreme Leader, Mojtaba Khamenei, most likely does not want to reach a final agreement.

In other words, the negotiations being held by the Revolutionary Guards, as well as the approval of the framework agreement, stem from a desire to secure control of the Strait of Hormuz and to receive an economic boost from the United States.

Thus, Iran will aim to prolong the process and avoid rushing to reach a final agreement, the officials fear.

“We should not expect anything else from a vengeful regime. It would be very surprising if Iran does not invest all its efforts and tricks to shorten its reach to nuclear weapons, under the auspices of the talks,” a senior defense official said to News 12, expressing their concern about what Tehran will do during this 60-day window.

Lack of transparency from Washington concerns government – Furthermore, Israel’s defense establishment is becoming increasingly concerned about a lack of transparency from the Trump administration regarding the Memorandum of Understanding with Iran set to be signed in Switzerland on Friday, sources told N12 News on Wednesday.

Officials are also concerned about how the interim period will unfold, with Iran expected to face significant economic sanctions and fuel and oil relief.

Israeli intelligence assessments suggest that Iran may seek to delay negotiations on the nuclear issue while using the time to shorten its breakout timeline toward a nuclear weapon. Conversely, Iranian Foreign Minister Abbas Araghchi has said that Iran will begin negotiations on the nuclear issue “on the very day we sign the MoU,” according to the report.

The US’s withholding of details in the agreement, reportedly out of concern that Israeli leaks could derail Friday’s signing, points to the extent of the current divergence between Washington and Jerusalem on Iran, N12 reported.

In fairness to the United States, President Trump officially stated that if the terrorist regime of Iran wants to change the peace agreement or fails to comply, American will “go back to shooting at them, dropping bombs on their head.”

Trump also contrasted the new deal with the Obama-era JCPOA, arguing the previous administration tried to “bribe their way out of it.”

For additional insight, watch the related videos below.

Let me end this piece by asking you readers: What is your reaction to this development? Are you convinced US-Iran deal will effectively prevent Iran from arming itself with nuclear weapons and also get rid of their existing supplies of ballistic missiles? Do you think the terrorist regime of Iran will still launch ballistic missiles at Israel in the near future? Will the deal impact Hezbollah which remains obsessed attacking Israel? Are you concerned that the current rift between Israel and America will widen further and lead to diplomatic complications?

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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Japanese Prime Minister Hails US-Iran Deal

June 17, 2026June 16, 2026carlocarrasco

During her European visit, Japanese Prime Minister Takaichi Sanae hailed the deal between the United States and the Islamic terrorist regime of Iran to end the fighting while paving the way for international oil tankers to safely pass through the Strait of Hormuz, according to a news report by Kyodo News. Japan also remained consistent in its opposition to Iran’s nuclear weapons ambition.

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

Japanese Prime Minister Sanae Takaichi on Monday hailed a U.S.-Iranian deal aimed at ending their monthslong war as a “big step” to de-escalating the conflict that has brought uncertainty to the global economy and roiled her resource-poor country.

Takaichi, who stopped by Italy before attending the Group of Seven summit in France, also told reporters Japan will take part in a joint statement issued by four European nations that welcomed the development and touched on minesweeping operations toward achieving the reopening of the Strait of Hormuz.

“We have been asked to participate…and we will,” the prime minister said about the statement by the leaders of Britain, France, Germany and Italy, after U.S. President Donald Trump said a deal with Iran has been reached that will lead to the reopening of the key energy artery, which has been effectively closed amid the conflict.

Takaichi noted it is important that the contents of the memorandum of understanding, which Trump said will be signed Friday, are “steadily implemented” as well as the “free and safe navigation” of vessels through the strait.

Japan, which has traditionally maintained amicable ties with Iran, has been making “proactive diplomatic efforts” based on the position that “what matters most is de-escalation of the situation,” she also said.

The joint statement by the European nations vowed support for the implementation of the U.S.-Iran deal “rapidly and comprehensively,” while noting that “the urgent re-opening of the Strait of Hormuz with unconditional and unrestricted freedom of navigation is essential.”

“We are committed to playing our part to achieve this — in accordance with our respective constitutional requirements — including through a strictly defensive and independent mission to reassure commercial shipping and conduct mine clearance operations,” it said.

With discussions between the United States and Iran over Tehran’s nuclear development to start after the signing of the deal, the statement also said the European countries are “prepared to lift relevant sanctions in response to clear, verifiable steps by Iran” toward scrapping its program.

Takaichi reiterated Japan’s position of opposing Iran’s development of nuclear weapons, citing her country’s experience of being the only country to have suffered atomic bombing in the final stage of World War II.

In Tokyo, Chief Cabinet Secretary Minoru Kihara said at a press conference that the memorandum, if implemented properly, would “help reduce risks to both the Japanese and global economies by ensuring free and safe navigation” through the strait.

Let me end this piece by asking you readers: What is your reaction to this development? Are you convinced that US-Iran deal will ensure complete nuclear disarmament of the Islamic terrorist regime of Iran? Do you think the reopening of the Strait of Hormuz will pave the way for significant oil price reductions? Once revealed publicly, do you think the final details of the US-Iran deal will satisfy Japan and the European nations?

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 And Japan To Discuss Surface-To-Ship Missile Exports

June 3, 2026June 1, 2026carlocarrasco

Following the recent meeting between Japanese Defense Minister Shinjiro Koizumi and Philippines Defense Secretary Gibo Teodoro in Singapore, the two nations will soon discuss the export of Japanese-produced surface-to-ship missiles to the Philippines which itself has been harassed a lot by Communist China at sea, according to a news article by the Philippine News Agency (PNA).

It should be recalled that Japan successfully tested the Type 88 surface-to-ship system during the Balikatan exercise held in the Philippines and it has been considering exporting it to the nation for its defense enhancement.

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

Japanese Defense Minister Shinjiro Koizumi and Philippine Defense Secretary Gilberto Teodoro affirmed Sunday that talks will be launched on the export of surface-to-ship missiles from Japan to the Southeast Asian nation.

Koizumi revealed this in talks with reporters after holding a meeting with the Philippine defense chief in Singapore earlier in the day.

Type-88 surface-to-ship guided missiles of Japan’s Ground Self-Defense Force (SDF) are expected to be a candidate.

The Philippine side is believed to have shown an interest in procuring the missiles as the Japanese Self-Defense Forces used them in the Balikatan multilateral exercises conducted in Manila between April and May.

The SDF, which had taken part in the annual exercises organized by the United States and the Philippines as an observer since 2012, joined the drills on a full scale for the first time this year following the entry into force of the Japan-Philippine reciprocal access agreement in September 2025.

The possible procurement of Type-88 missiles is expected to help reinforce the deterrent and response capabilities of the Philippines, which is in confrontation with China in the South China Sea.

Koizumi also said he and Teodoro broadly agreed that Abukuma-class destroyers of Japan’s Maritime SDF will be transferred to the Philippines as soon as they are decommissioned.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think it is inevitable the Philippines will proceed to acquire Type 88 surface-to-ship missile systems from Japan within the 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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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 @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

A Look Back at Team 7 #3 (1994)

May 29, 2026May 22, 2026carlocarrasco

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, Image Comics fans and comic book collectors! Today we go back to the year 1995 to take a close look at one of the many tales of the original WildStorm universe through one of the comic books of the first mini-series of Team 7.

For the newcomers reading this, Team 7 is set in the past within the original WildStorm universe. This is the special forces team that had major WildStorm heroes – Grifter (WildCATS: Covert Action Teams), Backlash, Jackson Dane (Wetworks), John Lynch (Gen13) and Michael Cray (Deathblow) – who were younger, were proficient with combat and gained special abilities as a result of a sinister move by their superiors. Issue #2 took place after the team got exposed to something they never anticipated and their superiors knew it.

With those details laid down, here is a look back at Team 7 #3, published in 1994 by Image Comics with a story written by Chuck Dixon and drawn by Aron Wiesenfeld. This is the 3rd chapter of a 4-issue mini-series.

Early story

Set in the 1970s, the surviving Team 7 members (already exposed to the chemical agent) are in the middle of a new mission somewhere in East Africa. Because their teammate Johnson abused his new power to manipulate a black general to kill himself against his own will, Cole Cash eliminates Johnson causing John Lynch to be outraged. Cash tells Lynch that Johnson lost himself completely. He also tells him to list Johnson as MIA (missing-in-action) and turn a blind eye as before.

Lynch points his gun at Cash’s head believing he is standing for the mission and rules. After Cash tells him that they are monsters and that the world is better off without them, Lynch relents and shoots the wall instead. The mission concludes and Team 7 goes home by helicopter.

As the ride goes on, John Lynch thinks very deeply about everything that happened since they got exposed to the chemical agent. He realizes that they were exposed to genetic altering elements and wonders if he and his teammates were nothing more than lab rats for International Operations (IO)…

Quality

*John Lynch in the presence of his traitorous superiors following the East African operation.*

If there is anything notable here apart from the continued dark and gritty tone, the plot really thickened clearly. At this stage, it is more obvious that the superiors have indeed something more sinister planned for Team 7 to endure. They know that the infected team members are closing ranks to protect itself which means they are ready for the so-called final test.

Along the way, John Lynch gradually realizes the evil of his superiors and being the field leader, he begins to analyze what is best for him and his teammates and which options to take knowing the betrayal from above. Quitting is simply not an option for Lynch and the pressure builds up as the story went on. Cole Cash here sees things very clearly and he easily became the pathfinder among Team 7 members. When he scolds his teammate Fairchild (father of Gen13’s Caitlin Fairchild) for abusing his power in a public place while off-duty, it is clear that Cash wants to keep the team together by means of keeping together while maintaining sanity.

As for Team 7 itself, there is something intriguing that awaits readers once they start their new mission here. I won’t spoil it and it has to be seen. Simply grab a copy of this comic book, read it and pay attention to the details. It’s strong stuff from the creative team.

Conclusion

*Cole Cash (Grifter) talks sense into John Lynch about what has really been going on and why they have become monsters.*

Team 7 #3 (1994) has a lot of intrigue as the plot thickened. At this stage, it is clear that IO is really up to no good and Team 7 is symbolically their scientific and military experiment. Fortunately for the team, they have John Lynch and Cole Cash as the reasonable members who are able to cut through the noise and became aware of what IO has been executing. The stage is set for the concluding issue and this comic book is indeed a solid build-up and also an engaging WildStorm read.

Overall, Team 7 #3 (1994) is recommended.

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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 @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

Deal Signed For Vietnam To Supply Rice To The Philippines

May 16, 2026May 12, 2026carlocarrasco

On the sidelines of the recent summit of the Association of Southeast Asian Nations (ASEAN), a new agreement was signed for Vietnam to supply the Philippines with 1.5 million metric tons of rice which will last until April 2027, according to a news report by the Manila Standard.

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

The Philippines and Vietnam signed a new rice supply agreement on Thursday during high-level bilateral talks on the sidelines of the ASEAN Summit in Cebu City, as Manila moves to secure stable imports amid rising global uncertainties.

Department of Agriculture Secretary Francisco Tiu Laurel Jr. said the Philippines secured a one-year agreement for the supply of 1.5 million metric tons of rice from Vietnam, ensuring uninterrupted shipments through April 2027. The deal helps stabilize the domestic market against geopolitical risks and climate-related production threats.

“Securing import volumes until next April is crucial amid geopolitical uncertainties and climate risks,” Tiu Laurel said, noting that stable supply is essential to keeping rice prices manageable in the domestic market.

Both sides finalized pricing and logistics arrangements and agreed on a benchmark price of $450 per metric ton for the widely consumed DT8 rice variety. Vietnam remains the Philippines’ largest rice supplier and accounts for the bulk of the country’s imported grain requirements.

Tiu Laurel said Manila is prioritizing reliable supply channels as regional demand continues to rise, fueled partly by tensions in the Middle East and concerns over possible production disruptions from another El Niño episode. He added that Vietnam seeks a long-term trade framework covering rice and other agricultural commodities.

“Even the Vietnamese prime minister consistently highlighted this during the bilateral meeting,” Tiu Laurel said.

President Ferdinand Marcos Jr. and Vietnam Prime Minister Lê Minh Hưng pushed the deal during the latter’s first ASEAN Summit appearance in Cebu. The two leaders also commemorated the 50th anniversary of diplomatic relations between the 2 countries while discussing expanded cooperation in trade, tourism, agriculture and investment.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the new rice supply agreement between the Philippines and Vietnam ensures food security for the Filipino people? Have you ever tasted rice imported from Vietnam? Do you think the Philippines should focus more on harvesting a lot more local rice grain and support more domestic rice farmers to ensure a better internal supply?

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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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 @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Philippines Inflation Accelerates To 7.2% In April 2026

May 11, 2026May 5, 2026carlocarrasco

Considering the immense economic impact the conflict in the Middle East had on the world, the inflation rate of Philippines unsurprisingly accelerated to 7.2% in April 2026, according to a news report by GMA News.

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

Inflation rate accelerated to its fastest in three years in April 2026 as higher global fuel prices brought about by the Middle East petroleum crisis spilled over to food, local petroleum, and utilities costs during the period.

At a press briefing on Tuesday, National Statistician and PSA chief Claire Dennis Mapa said inflation — the rate of increase in the prices of goods and services — accelerated to 7.2% last month from 4.1% in March 2026 and 1.4% in April 2025.

This was the fastest inflation print since March 2023, when the inflation rate clocked in at 7.6%.

April’s inflation brought the year-to-date rate to 3.9%, still within the 2% to 4% comfortable ceiling set by the government for the entire 2026.

“Ang pangunahing dahilan ng mas mataas na antas ng inflation nitong Abril 2026 kumpara noong Marso 2026 ay ang mas mabilis na pagtaas ng presyo ng Food and Non-Alcoholic Beverages na may 6% inflation rate,” Mapa said.

(The main contributor to the increase in inflation rate in April 2026 compared to March 2026 was the faster hike in the prices of Food and Non-Alcoholic Beverages which posted a 6% inflation rate.)

Also contributing to the uptrend of the overall inflation in April 2026 was the faster annual increases seen in the Transport index at 21.4% in from 9.9% in March as well as the Housing, Water, Electricity, Gas and Other Fuels at 8.2% during the month from 4.7% in the previous month.

Moreover, faster increment were likewise seen in the indices of the following commodity groups last month:

Alcoholic beverages and tobacco – 4.8% from 3.7%; Clothing and footwear – 2.8% from 2.6%; Furnishings, household equipment and routine household maintenance – 3.5% from 3.1%; Health – 3.8% from 3.4%; Information and communication – 0.9% from 0.7%; Recreation, sport and culture – 4.9% from 4.7%; Restaurants and accommodation services – 6% from 5%; Personal care, and miscellaneous goods and services – 3.3% from 2.9%.

Food inflation – Food inflation, which tracks the price movements of food items in a “basket” commonly purchased by household, soared to 6.1% from 2.7% month-on-month driven primarily by the faster increase in rice inflation at 13.7% from 3.5% in March 2026.

Faster increments were also seen in corn (21% from 12.3%), flour and other bakery products (3% from 2.5%), fish and other seafood (9.4% from 6.6%), fruits and nuts (6% from 4.7%), vegetables (10.4% from 7%), and ready-made food (2.5% from 2.4%).

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the inflation rate of the Philippines will end up at 5% by the end of 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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Philippine Economic Growth Slows Down To 2.8% In 1st Quarter Of 2026

May 9, 2026May 7, 2026carlocarrasco

While the Philippines is hosting the summit of the Association of Southeast Asian Nations (ASEAN), the economy of the nation grew only 2.8% in the first quarter this year and it is the slowest growth in five years, according to a business news report by the Manila Bulletin.

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

The Philippine economy grew at its slowest pace in five years, expanding just 2.8 percent in the first quarter of 2026, as the country grapples with the persistent government spending slump and mounting inflation shocks.

The country’s economy, as measured by the gross domestic product (GDP), decelerated from the 3.0 percent expansion recorded in the final three months of 2025.

It also significantly missed the 3.4 percent median growth projected by economists in a survey, and marked the weakest quarterly output for the country since the first quarter of 2021, when the economy contracted 3.8 percent during pandemic-era lockdowns.

Growth was severely dragged down by a prolonged slump in public construction following a massive government flood-control scandal late last year, which has continued to stall state spending.

Moreover, the global energy shock triggered by the Middle East conflict in late February also sent domestic oil and input costs soaring, severely denting consumer and business confidence.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think heavy government spending will boost the economy somehow? Could it be possible that the Philippines could fall into a recession this year or next year? How do you rate the performance of the economic managers of the national government?

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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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 @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

American Oil Arrives In Japan

April 28, 2026April 27, 2026carlocarrasco

For the first time since the United States and Israel started their joint military operations against the Islamic terrorist regime of Iran, a tanker carrying American oil arrived in Japan, according to a news report by Kyodo News.

It should be noted that Japan imports over 90% of oil from the Middle East and the government also released some of its oil reserves. As such, importing oil from other destinations is crucial for the Japanese. US President Donald Trump already told the international community to buy oil from America.

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

A tanker carrying U.S. oil arrived in Japan on Sunday, marking the first such shipment from the United States since the Iran war began in late February.

According to Cosmo Energy Holdings Co. that procured the crude oil from the United States, the tanker, which arrived in Tokyo Bay, transported 145,000 kiloliters, equivalent to half a day of domestic consumption.

The U.S.-Israeli conflict with Iran has led to the effective closure of the Strait of Hormuz, a key artery for global energy shipments. Japan relies on the Middle East for more than 90 percent of its crude oil imports, most of which pass through the strait.

The tanker departed Texas on March 22 and transited the Panama Canal, which can accommodate smaller vessels.

The Japanese government and oil wholesalers have been trying to secure oil from alternative routes to bypass the Strait of Hormuz.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think this development is the first of what could be many oil shipments from America coming to Japan?

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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