BusinessMirror January 8, 2016

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Life

‘The year of the poor’

POCKET PLANNER AND PRAYER BOOK, FR. SAL PUTZU, SDB AND LOUIE M. LACSON, HFL Word&Life Publications • teacherlouie1965@yahoo.com

HAVE THAT PURR-FECT FURRY FRIEND »D2

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Editor: Gerard S. Ramos • lifestylebusinessmirror@gmail.com

Friday, January 8, 2016

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EONARDO DiCAPRIO, now approaching a quarter-century as a movie-major leaguer, redefines film stardom, demonstrating a willingness to challenge himself that few of his counterparts can equal. In romance, drama, comedy and science fiction, he radiates heavyweight acting talent combined with megastar cool. Swinging from role to role like Tarzan on a vine, he has never risked a freefall like he faced in the artistically risky and physically dangerous The Revenant. In this savage epic of survival, DiCaprio plays Hugh Glass, a real-life 1820s frontier guide left for dead by fellow explorers after he was mauled by a bear. With a broken leg and open wounds, the vengeful, nearly silent character, hunts down the expedition members who abandoned him. He repeatedly crosses paths with Indian tribes seeking to take their own revenge against the settlers who imposed pain and suffering on them. Traversing freezing rivers and icy wilderness, gnawing raw flesh and facing physical danger were not just shocking episodes in the film but perilous ordeals of DiCaprio’s performance. In a recent phone conversation he explained how, during a grueling nine-month shoot in frigid tracts of Canada and Argentina, he literally suffered for his art. This film production has been described as one of the most difficult in the industry’s history. Temperatures at some locations in the Canadian Rockies reached 40 below. What’s the benefit of taking part in such a harrowing project? It makes you conscious of what these men really had to do, living in these harsh elements. And you think of people who live without power, electricity or water around the world. You can’t complain too much that you’re reenacting the story of Hugh Glass with the help of an entire crew, and a team of people around you to make sure you’re safe and ultimately warm. As far as making movies is concerned, I think this was definitely the most difficult movie for, I think, everyone involved unanimously. (Director Alejandro González Inarritu, who won three Oscars last year for Birdman, said the filming “almost killed me.”) How do you keep the focus of your acting mind-set in place when you’re exposed to punishing conditions like that? Well, I haven’t been on a movie set since! The thing that was hardest for all of us to deal with was the subzero temperatures, the cold. It was a constant struggle for everyone to stay warm. Especially when you’re out there all day and you’re in period gear and all the actors needed to stay conscious about not getting hypothermia. That was your main challenge. It must also be a tremendous acting challenge. You’ve never played a role this dialogue-free. What is it about a role that depends on the expressive power of your eyes and your face and your gestures that draws you to accept it? I’ve always been a fan of silent cinema. It’s always interesting to watch actors work without the ability to articulate what they’re feeling. I have played so many characters that are talkative and vocal, from J. Edgar Hoover to Howard Hugh—certainly the real-life ones—getting their viewpoint across with words. As much as was written in the script, I tried to scale it down even more so. I wanted it to be an almost silent performance, because whenever Hugh Glass (whose throat was slashed in his bear attack) said something out loud, it had to have meaning and it had to have a purpose. He was essentially a character who had to disappear in a harsh landscape in order to survive. He had to use his words very sparingly. One of the key motivations for me, besides acting for Alejandro, was to try to give a performance that was reactive and based on instinctive responses to what the surroundings were. That meant a lot of preparation beforehand (such as learning how to load and fire flintlock rifles) but forgetting everything once you arrive on set and just being in the moment. Frederick Manfred wrote the book Lord Grizzly about Glass in 1954. Part of his research was to physically crawl for miles as the wounded man did. What was the research process you followed to capture this character? This is based on a novel about Glass (Michael Punke’s 2002 biographic drama The Revenant) but there’s little that’s historically known about what really happened. To me it’s almost like a triumphant short story of the American frontier—what the new American was at that time and what it took not only to survive in nature but conquer nature. In a lot of ways it represented the pre-Industrial Revolution idea of being able to take over nature. Ultimately for me the whole movie was about finding the poetry with Alejandro about what it meant to persevere, surviving and what you lived for. And what revenge is. If you follow that sort of undertaking, will it become something even more existential when you’re out there? That was what we were out there to explore. It was very straightforward and it was up to us to weave in all the stuff the natural world gave us on the journey.

LEONARDO DiCAPRIO

Even a historic epic like this is in some way a reflection of its time. How does this story about a lawless land relate to our world today for you? To me, it’s very pertinent because so much of what this movie is about was discovered in the process of making it. To me, with the theme of man dominating nature, you have this time in American history when it was discovering new territory. Before (President James) Polk decided to wage the Mexican war and take over the Oregon Territory, this was all lawless land. It was land that was facing the first extraction of its natural resources by killing the animals and sending their very expensive furs off to Europe. It’s the first wave of American capitalism out West. The undertext of this movie is very much about the indigenous people that lived there. The Native Americans. How they became displaced, how their culture was lost, how there was really a genocide of an entire population of people at that time. We think we’re so much more advanced today and we can learn from history. But you look at what’s going on all around the world, with extraction of natural resources—from oil to mining to hydroelectric dams to cutting down rain forests—we’re still making the same mistakes. The story perpetuates itself and has incredible meaning today.

AND SUFFERING FOR HIS ART

LIFE

By Colin Covert | Star Tribune

PHOTO COURTESY OF 20TH CENTURY FOX

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■ The Revenant opens February 3 in Philippine theaters nationwide from 20th Century Fox to be distributed by Warner Bros.

NOKOR’S H-BOMB A6

The World BusinessMirror

Friday, January 8, 2016

news@businessmirror.com.ph

NORTH Koreans watch a news broadcast on a video screen outside Pyongyang Railway Station in Pyongyang, North Korea, on Wednesday. Pyongyang has long claimed it has the right to develop nuclear weapons to defend itself against the US, an established nuclear power with whom it has been in a state of war for more than 65 years. AP/KIM KWANG HYON

NOKOR’S H-BOMB CLAIM ELICITS

CHORUS OF CONDEMNATION

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EIJING—North Korea’s claim that it had successfully detonated a hydrogen bomb on Wednesday elicited an angry, if familiar, chorus of condemnation from countries including the United States, South Korea, Japan, China and various arms-control organizations. But Washington and the international community may yet again find it hard to muster the will to strengthen sanctions or take bold steps to lure North Korea back to the bargaining table any time soon, experts said.

The UN Security Council condemned Pyongyang’s assertion that it had exploded a “miniature” hydrogen bomb, calling it a “clear violation of council resolutions.” In a statement issued after emergency consultations on Wednesday, the council said it had previously expressed its determination to take “further significant measures” in the event of another North Korean nuclear test and would begin work immediately on a new resolution. Successive rounds of UN sanctions have not persuaded Pyongyang to rein in its nuclear weapons and ballistic missiles programs, however, and the council did not specify what new measures would be considered. Aides to US President Barack Obama said military options remained on the table if North Korea continues to pursue nuclear weapons, but added that the president is currently focused on diplomatic responses. “North Korea continues to be one of the most isolated nations in the world, and their isolation has only deepened as they have sought to engage in increasingly provocative acts,” White House Press Secretary Josh Earnest told reporters. If confirmed, it would be North Korea’s fourth nuclear test since

2006, but the first using fusion technology. North Korea’s nuclear tests in 2006, 2009 and 2013 are all believed to have used plutoniumbased, or perhaps uranium-based, atomic weapons.

Not consistent with H-bomb

THE US government’s initial analysis of underground activity in North Korea was “not consistent” with the country’s claim of having used a hydrogen bomb on Wednesday, Earnest said. Hydrogen bombs, also called thermonuclear bombs, can potentially be much larger than atomic weapons, which rely on fission for their explosive power. However, the initial data indicated the blast was not substantially larger than the country’s 2013 test, said Daryl Kimball, executive director of the Washington-based Arms Control Association (ACA). “If indeed it was a nuclear test, whether H-bomb or A-bomb, we can expect another round of largely symbolic sanctions against North Korea, plus public condemnation from China,” said Denny Roy, an expert on Northeast Asia political and security issues at the East-West Center in Honolulu. “I don’t expect that this will fundamentally change South Korean,

Chinese or US policy toward North Korea,” he added. “This will worsen Pyongyang’s relations with China, but the North Koreans have weathered that situation before and know the Chinese fear losing all influence over the [North]. Beijing concluded long ago that the only thing worse than putting up with North Korea’s bad behavior is the danger of a collapse of the Kim regime.”

US committed to allies

SECRETARY of State John F. Kerry said the US was committed to defending the American people and honoring its security commitments to allies in the region. “We do not and will not accept North Korea as a nuclear-armed state, and actions such as this latest test only strengthen our resolve,” he said in a statement. Defense Secretary Ashton Carter spoke by phone on Wednesday with Gen. Curtis Scaparrotti, commander of US forces in South Korea, and South Korean Defense Minister Han Min-koo to discuss the North’s apparent nuclear test. “Secretary Carter and Minister Han agreed that any such test would be an unacceptable and irresponsible provocation and is both a fl agrant violation of international law and a threat to the peace and stability of the Korean peninsula and the entire Asia-Pacific region,” Pentagon Spokesman Peter Cook said in a statement. Carter and Han agreed that the provocations should have consequences, Cook said, but he did not disclose what those consequences might entail. UN diplomats told the Associated Press that a new resolution could add more people to the sanctions list and impose limits on the travel of senior North Korean officials. How robust the measures will be will depend largely on China, North Korea’s traditional ally on the Security Council.

China resolutely opposed to tests

BEIJING said it had no advance warning of the test. Foreign Ministry Spokesman Hua Chunying said China remained resolutely opposed to such tests and urged Pyongyang to take steps to prevent further deterioration of the situation. She also called for a resumption of the so-called six-party talks aimed at getting Pyongyang to abandon its

nuclear program. Those talks—involving the US, North Korea, China, Japan, South Korea and Russia—broke down in 2009 after six years, not long after Obama took office. Whether Obama has the desire—or the bandwidth—to make a bold move to get Pyongyang back to the negotiating table before his term runs out in about a year remains unclear. Washington and Seoul have insisted that Pyongyang show sincerity by taking concrete steps toward denuclearization before resuming dialogue. But China, Russia and North Korea have called for an unconditional return to talks. “Obama put in a tremendous effort to secure the Iran nuclear deal which has been a successful and historic breakthrough. It shows that when the United States conducts deft, effective diplomacy to deal with a proliferation threat, it can work,” said Kimball of the ACA. “He has not taken the same political and diplomatic risk with North Korea during the course of his presidency. But I think it’s vital that in the final few months he lays the groundwork for a more effective strategy that is focused on making sure there is no further harm done by additional nuclear test explosions or long-range ballistic missile tests.”

Pyongyang not serious in negotiating

AT a joint news conference with South Korean President Park Geun-hye in Washington last October, Obama said he saw no sign that Pyongyang was serious about negotiating. “At the point where Pyongyang says we are interested in seeing relief from sanctions and improved relations, and we are prepared to have a serious conversation about denuclearization, I think it’s fair to say that we’ll be right there at the table,” he said. “We haven’t even gotten to that point yet, because there has been no indication on the part of the North Koreans as there was with the Iranians that they could foresee a future in which they did not possess or were not pursuing nuclear weapons.”

Challenge to China

IN addition to testing Obama, Pyongyang’s actions are a fresh challenge for the Chinese leadership, which is increasingly trying to assert itself as an effective major

On the US side, she sees a similar intractability. “There has been no voice in this administration that has been advocating a rethink of our approach to North Korea,” Glaser said. She recalled one official saying that US bargaining in the past had taught Pyongyang that it was “OK to pee on the rug” and what was now necessary was to not get hysterical every time they “engage in bad behavior.” For now, it appears North Korea will at least come in for a new round of knuckle-rapping. Park, chairing an emergency meeting of South Korea’s National Security council on Wednesday, called the purported test “a grave provocation to our national security.” South Korea also said it would “take all necessary measures…so that the North will pay the price for the nuclear test.”

player in global affairs. The apparent nuclear test is the first conducted by the North since Xi Jinping officially took office as China’s president in March 2013. Although China is considered North Korea’s only remaining major ally, and Xi is the most-traveled Chinese president in history, Xi has not visited North Korea, nor has he hosted a visit by North Korean leader Kim Jong Un. “China does have the ability to curtail trade and enforce the UN Security Council sanctions much better,” Kimball said. “Their leverage is sometimes I think overstated, but still they do need to do more, and that can make an important difference on the margins.”

Sign North Korea wants to talk

SHI YUANHUA, deputy director of the Center for Korean Studies at Fudan University in Shanghai, said it was up to Washington to shift its stance to get Pyongyang back to the bargaining table. “Compared to the US, China is still an outsider in this matter,” he said. “Technically, the US and North Korea are still at war. They need a peace treaty and then to normalize diplomatic relations.” Chinese Foreign Minister Wang Yi last fall urged all parties to get back to the bargaining table, Shi noted, but Washington responded “coolly.” This week’s test, Shi said, was a sign that North Korea wants to talk. Bonnie S. Glaser, an expert on China’s foreign policy at the Center for Strategic and International Studies, said there was little chance of either the Obama administration or Beijing shifting gears. China, she said, would be willing to step up diplomatic pressure on the North. But in the absence of a larger package on the table, it would be loathe to embrace tougher sanctions and abandon its “bottom-up strategy” of promoting economic engagement with North Korea, because that could create instability on its border.

Japan to strengthen sanctions

IN Japan, Nihon Television reported that officials close to Prime Minister Shinzo Abe were discussing strengthening sanctions. Abe told reporters that Japan would join forces with the US and China to take “firm countermeasures,” according to Japan’s public broadcaster NHK. Russia also condemned Pyongyang’s announced test as a “violation of international law.” But Leonid Petrov, an expert on North Korea at the Australian National University, said any push for a resumption of six-party talks could be undercut by continuing tensions between Washington and Moscow. “I’m sure China is going to be very angry about this, but Russia’s response will probably be more balanced and less adverse,” he said. Russian experts have expressed doubt that North Korea has the technology to produce a true hydrogen bomb, Petrov added. “If it is confirmed they do have a thermonuclear weapon, Obama should spend the rest of his term negotiating with North Korea rather than abstaining,” he said. Rep. Mac Thornberry, Republican-Texas, the chairman of the US House Armed Services Committee, said the US cannot afford to focus only on Islamic State, Iran or Russia. “We must be prepared to protect our national security against many threats,” he said. “Unfortunately, the view around the world is that US leadership is in decline while the administration’s inaction only fuels those concerns.” Los Angeles Times/TNS

WORLD

China is missing link

“A LOT of people think China is the missing link, and if only it would get on board with sanctions, that North Korea could be compelled to give up its nuclear weapons. The Chinese just don’t look at it like that,” she said. “The Chinese think the situation won’t get much worse and…their current policy is the best they can do.”

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GOING AFTER CHEATS Sports

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GOING AFTER CHEATS B S W The Associated Press

ONDON—Nearly 500 doping samples from the 2006 Winter Olympics in Turin have been retested with improved techniques to try to catch any cheaters who escaped detection a decade ago, the International Olympic Committee (IOC) said on Wednesday. The IOC did not disclose whether the retests had produced any positive cases, saying it would announce any findings “in due course.” The IOC stores Olympic doping samples so they can be retested years later when enhanced detection methods become available. Any positive findings can lead to retroactive disqualification and loss of medals. The original eight-year statute of limitations was recently extended to 10 years under

the World Anti-Doping Code. Next month marks the 10year anniversary of the Turin Games. The IOC said it retested 489 Turin samples—out of a total of 1,219—at the World Anti-Doping Agencyaccredited lab in Lausanne. “The reanalysis program included the application of new and improved methods of detection since 2006,” the Olympic body said in a statement. “The IOC cannot, and will not, issue further comments with regard to this process, nor will it answer questions, at this point in time. Further communications will be issued in due course.” It wasn’t clear exactly when the new tests were carried out, or whether they included previous retests. When the original eight-year deadline was set to expire in 2014, the IOC announced in 2013 that it would retest about 350 Turin samples based on intelligence that targeted athletes and events considered most at risk for doping. The IOC said it would use an improved test that could detect steroid use going back months, rather than days. The results of those tests were kept confidential for legal reasons. At least one positive case was believed to remain under review. In 2014 the Estonian Olympic Committee said retired cross-country Olympic champion Kristina Smigun-Vahi was suspected of doping based on retests of Turin samples. In 2010 the IOC retested some Turin samples for insulin and blood-booster Cera but all came back negative. Those samples were destroyed, so the latest tests are on different samples.

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(583). Rodriguez, who served a yearlong drug suspension in 2014, remains active. Thome’s first appearance on the ballot will be in 2018. Curt Schilling rose from 39 percent to 52, Edgar Martinez from 27 percent to 43, and Mike Mussina from 25 percent to 43. Griffey was known simply as “Junior” by many as a contrast to his father, three-

23. Trevor Hoffman, on the ballot for the first time, was 34 short. The vote total dropped by 109 from last year because writers who have not been active for 10 years lost their votes under new rules. There were significant increases for a pair of stars accused of steroids use. Roger Clemens, the only seven-time Cy Young Award winner, rose to 45

percent, and Barry Bonds, the only seven-time Most Valuable Player, to 44 percent, both up from about 37 percent last year. Mark McGwire, who admitted using steroids, received 12 percent in his 10th and final ballot appearance. Half of MLB’s top 10 home-run hitters are not in the Hall: Bonds (762), Alex Rodriguez (654), Jim Thome (612), Sammy Sosa (609) and McGwire

Messi, Barca prevail B

ARCELONA, Spain—Lionel Messi scored two goals and set up two more to lead Barcelona’s 4-1 win over crosstown rival Espanyol, which finished a hottempered Copa del Rey clash with nine men on Wednesday. Felipe Caicedo grabbed Espanyol a ninth-minute lead at Camp Nou, but Messi hit right back four minutes later. The star forward put the hosts ahead with an unstoppable free kick just before halftime, and assisted Gerard Pique soon after the interval. Messi then set up Neymar for the fourth goal after Espanyol’s Hernan Perez and Papakouly Diop were sent off, and Caicedo and Marco Asensio were lost to injury. Tempers flared as the game dragged on, with Messi,

rules” in line with the global code. Last November Israel was one of six countries declared by Wada to be noncomplaint, along with Andorra, Argentina, Bolivia, Russia and Ukraine. Belgium, Brazil, France, Greece, Mexico and Spain were given until March 18 to come into compliance. In Aigle, Switzerland, cycling’s governing body has banned former one-day classics specialist Michael Boogerd two years for doping during his career. The International Cycling Union gave no details of the retired Dutch rider’s agreement to accept a ban running through December 21, 2017. Boogerd was an official with the Dutch second-tier team Roompot Oranje last season but is now suspended from working in the sport. Now 43, Boogerd admitted in a 2013 television interview that he used Erythropoietin and banned blood transfusions when he rode for the Rabobank team. He won the Amstel Gold Race in 1999 and had several podium finishes in the premier Dutch event. Boogerd had two stage wins in the Tour de France, with a best finish of fifth in the dopingmarred 1998 race won by Marco Pantani.

HALL OF FAMERS

KEN GRIFFEY JR. (left) and Mike Piazza are installed to the Baseball Hall of Fame. AP

EW YORK—Ken Griffey Jr. was elected to baseball’s Hall of Fame with the highest voting percentage ever on Wednesday, and Mike Piazza will join him in Cooperstown this summer. A star slugger of the Steroids Era never tainted by accusations of drug use, Griffey was on 437 of 440 votes in his first appearance on the Baseball Writers’ Association of America ballot. His 99.3 percentage topped the previous mark of 98.84, set when Tom Seaver appeared on 425 of 430 ballots in 1992. “Happy and shocked,” Griffey said on Major League Baseball (MLB) Network, “that I get to be in such an elite club.” “In case you don’t know, I’m really superstitious. I’ve played in the Hall of Fame game three times and I’ve never set foot in the building. I’ve never even seen the front of it,” Griffey said. “The one time I wanted to go in there, I wanted to be a member.” After falling 28 votes shy last year, Piazza received 365 in his fourth time on the ballot and will be inducted along with Griffey on July 24. “Incredibly special. Wow,” Piazza said on a call with MLB Network. “I sat here with my mouth on the floor.” A player needs 75 percent to gain election, and Jeff Bagwell missed by 15 votes and Tim Raines by

Only one positive case was recorded during the Turin Games, with Russian biathlete Olga Pyleva stripped of a silver medal after testing positive for a banned stimulant. In addition, Italian police raided the lodgings of the Austrian cross-country and biathlon teams during the games, seizing blood doping equipment and other substances. No Austrians tested positive at those games, but the IOC later banned several for life. Five athletes were caught in retests of samples from the 2004 Athens Olympics, including men’s shot put winner Yuriy Bilonog of Ukraine. Retests of samples from the 2008 Beijing Olympics led to five positive cases for Cera—with Bahrain runner Rashid Ramzi stripped of gold in the 1,500 meters. The IOC said last year it plans to retest hundreds more samples from the Beijing Games before the deadline expires in 2018. “Even if it’s five or 10 years later, it’s really an important thing to do,” IOC Medical Director Dr. Richard Budgett told The Associated Press in an interview last March. “It’s not ideal. You want to do it as close as possible to the time, but if you’ve got no option but to do it later, then that’s what you have to do.” Israel, meanwhile, has fallen into line with the rules of the World Anti-Doping Agency (Wada). The Wada said its foundation board has voted to remove Israel from the list of countries found to be noncompliant with the world antidoping code. Wada said Israel has “drafted and adopted antidoping

RALLY ROUTE A family poses for pictures as they visit the Uyuni salt flats at sunset in Uyuni in Bolivia on Wednesday. The Dakar Rally will pass through parts of Uyuni starting on Thursday. AP

Neymar, and Luis Suarez receiving yellow cards, along with eight for Espanyol. The referee’s report also mentioned a heated exchange between opposing players after the match. Espanyol’s Gerard Moreno said some Barcelona players “were waiting for them” and “provoked” him and his teammates. “There was tension and intensity,” Barcelona Coach Luis Enrique said. “The referees mark the limits, not the players or the coaches. They are the ones charged with ensuring this is soccer and not American football.” Espanyol, which held Barcelona to 0-0 in the Spanish league on Saturday, will have the return leg of the

time All-Star outfielder Ken Griffey, who played alongside him in Seattle during 1990 and 1991. The younger Griffey became a 13-time All-Star outfielder and finished with 630 homers, which is sixth on the career list. After reaching MLB in 1989, he was selected for 11 consecutive All-Star Games from 1990.

Wanting to play closer to his home in Florida, he pushed for a trade to Cincinnati—his father’s old team and the area he grew up in—after the 1999 season. But slowed by injuries, he never reached 100 runs batted in again, and finished back with the Mariners in 2009. While Griffey was selected first in the 1987 amateur draft and became the first No. 1 to make the Hall, Piazza was selected by the Los Angeles Dodgers with the 1,390th pick in the 62nd round in 1998. He’s the lowest pick to make the Hall since the draft started in 1965. Piazza became the top offensive catcher in MLB history, hitting better than .300 in nine straight seasons and finishing with 427 home runs, including a record 396 when he was in the game behind the plate. He was a 12-time All-Star with a .308 career batting average. After reaching MLB with the Dodgers in 1992, Piazza was dealt to Florida in May 1998 before he could become a free agent, then traded eight days later to the Mets. He remained with New York through 2005, hitting a memorable go-ahead home-run in the first game in the city following the 2001 terrorist attacks, and retired after the 2007 season. Piazza and Bagwell were drawn into the steroids controversy by some who pointed out their powerful physiques, but both have denied doping, and no substantive accusations have been made. AP

LIONELL MESSI scores two goals against crosstown rival Espanyol. AP

round-of-16 tie at its stadium next week. Elsewhere, Athletic Bilbao, last year’s finalist to Barcelona, scored three times in the second half to erase a two-goal deficit and beat Villarreal 3-2, while Atletico Madrid, Valencia, Sevilla and Deportivo La Coruna got positive results. Arda Turan and Aleix Vidal, used as a substitute, debuted for Barcelona, after the club finished its ban on new players during 2015 for breaking International Football Federation’s rules regarding the transfer for youth players. Espanyol found its opener when Caicedo used an excellent first touch before slotting in a ball he received from Asensio, who started a counterattack by

SPORTS

intercepting Dani Alves’s pass. But Messi quickly responded when he caught Espanyol’s defense off-balance after Andres Iniesta played him forward to beat goalkeeper Pau Lopez. Caicedo went down holding his left thigh near halftime, but the visitors’ defense held firm until Messi sent his free kick streaking in off the underside of the crossbar. Espanyol’s hopes took another blow when Asensio was substituted after he apparently picked up an injury during the halftime warm-ups. It was all Barcelona the rest of the way, as Messi set up Pique to tap in his goal after Iniesta’s incisive pass started the move.

Perez’s second booking was followed by Diop seeing red for something he apparently said to Suarez in the 75th. The undermanned Espanyol resisted until Messi flipped the ball forward for Neymar to put in. Bilbao also fell behind at home after Villarreal scored twice on counterattacks finished off by Leo Baptistao and Samuel Garcia. But Benat Etxebarria set up Inaki Williams to pull one back, striker Aritz Aduriz soon leveled, and Aymeric Laporte completed the comeback in the 81st. Atletico trailed after Nacho Martinez struck from long range for Rayo Vallecano, but Saul Niguez scored against his former team in the 67th to get an away goal in a 1-1 draw. AP

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SUBARU LEVORG

MOTORING

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OWER rates for areas served by the Manila Electric Co. (Meralco) are set to go down in January. In the succeeding months, however, expect the rates to go up. Electricity rates for January, Meralco announced, will drop by P0.21 per kilowatt-hour (kWh) compared to December rates, translating to a P41.30 reduction in overall electricity bill for a typical household consuming 200 kWh. For those with an average monthly consumption of 300 kWh, a downward net adjustment of P61.95 would be reflected in the January bill. For households consuming 400 kWh and 500 kWh, the corresponding price cuts of P82.60 and P103.25, respectively, would be reflected. Meralco, however, warned of higher power rates in the succeeding months, as more power plants are scheduled for maintenance shutdowns. “Rates are bound to be affected by the simultaneous scheduled plant outages and the expected increase in demand due to the reported impact of El Niño,” said Meralco Spokesman Joe

PESO EXCHANGE RATES ■ US 46.9500

CHINA, MILITARY DEAL ON TABLE IN PHLU.S. TALKS IN MIDJANUARY

The budget allocated for the Manufacturing Resurgence Program this year

“The CARS Program, we see it as a template for focused and targeted industry development. This year we are looking at the industry road maps we have. We would like to package three to five more programs of this kind,” Cristobal added. C  A

ZALDARRIAGA: “Rates are bound to be affected by the simultaneous scheduled plant outages and the expected increase in demand due to El Niño.”

Zaldarriaga said in a text message. On Wednesday, the BM reported that eight power plants in Luzon, with a combined capacity of over 4,500 megawatts (MW), are scheduled to implement maintenance shutdowns this year. Meralco announced on Thursday that the reduction in the overall rates in January was primarily due to the generation-charge component, which decreased by P0.21 per kWh from last month. At P3.92 per kWh, January’s generation charge is the lowest since January 2010. C  A

Shock waves from China send markets, oil tumbling

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₧289B

Power rates to go down in Jan, then rise in succeeding months B L L

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B C N. P

Trade Secretary Adrian S. Cristobal Jr. said more industries will enjoy government incentives under the Manufacturing Resurgence Program (MRP), after Congress increased the budget for the MRP, this year. For 2016, the MRP was allocated P289 billion, higher than the P239-billion budget it received last year. Cristobal said the government will soon announce the industries that will enjoy an incentives package similar to that offered by the Comprehensive Automotive Resurgence Strategy (CARS) Program for the auto industry. “The MRP will continue in implementation. To achieve inclusive growth, we believe that the manufacturing resurgence we are seeing now must be sustained,” he said.

BusinessMirror

| FRIDAY, JANUARY 8, 2016 mirror_sports@yahoo.com.ph sports@businessmirror.com.ph

P.  |     | 7 DAYS A WEEK

More industries to get perks to boost PHL manufacturing

SIDE from automotive, the Department of Trade and Industry (DTI) will select four more industries that will get “high impact” incentives as part of the government’s efforts to sustain the resurgence of the country’s manufacturing sector.

LEONARDO DiCAPRIO EAR Lord, as “the year of the poor” ends, the challenges it poses continue. The poor are our less fortunate brothers and sisters who sigh and groan under the crushing weight of the most varied forms of poverty. PCP II has listed some of these “street children, the unemployed, the poor fishermen, the poor farmers, the underpaid workers, the exploited women, the slum dwellers, the sidewalk vendors, the beggars, the tribal Filipinos and the many others who live at the margin of society.” (PCP II #314). We can reduce it and transform these challenges into as many opportunities to see Christ in all the “poor,” respect them, empower them and love them. Amen.

Monday 2014 Vol.8,102016 No. 40 Vol. 11 No. 92 Friday,18,January

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INSIDE

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A broader look at today’s business

CHINESE Defense Minister Liang Guanglie (left) shakes hands with his Philippine counterpart Voltaire T. Gazmin at the Defense Headquarters in Quezon City in this May 23, 2011, file photo. Guanglie’s visit came amid renewed tension in the disputed Spratly Islands, which are claimed by China, the Philippines and four other Asian countries and territories. AP/AARON FAVILA B R A

C

HINA’S presence in the West Philippine Sea and a military deal would be on the agenda in a meeting between Filipino and defense officials next week. The bilateral meeting scheduled on January 12 will be held among Defense Secretary Voltaire T. Gazmin and Foreign Secretary Albert F. del Rosario, and their two US counterparts. The meeting’s announcement came on the heels of Beijing’s landing of a civilian aircraft in the Fiery Cross Reef. The landing drew diplomatic protests from Vietnam and the Philippines and scathing remarks from the United States, with an accompanying appeal to China not to step up the heightening tension in the West Philippine Sea, traditionally called the South China Sea. The Philippines has accused China as the source of this tension, after the world’s second-largest economy started reclaiming reefs within the Philippine-claimed territory. “We will talk about our bilateral relations. [The goal is] to enhance our relations. And probably one of the subject matters would be the South China Sea,” Gazmin said on Thursday, after receiving top military officials for the traditional New Year’s Call event, organized jointly by the Department of National Defense and the Armed Forces of the Philippines (AFP). Gazmin said they would also discuss the Enhanced Defense Cooperation Agreement (Edca). This agreement calls for increased rotational visits of American forces and the storage of US military assets and equipment in selected bases of the AFP in Central Luzon and in Palawan. C  A

LOBA L m a rkets shuddered, as turmoil emanating from China spread around the world. European shares fell the most since August; crude oil tumbled to a 12-year low; and South Africa’s rand sank to a record, after a slide in Chinese stocks halted trading for the second time this week. Haven assets extended gains, with Treasuries rising for a sixth day and the yen reaching a four-month high. China’s tolerance for a weaker yuan is being seen as evidence policymakers are struggling to revive an economy that’s the world’s biggest user of energy, metals and grains. Those concerns helped wipe $2.5 trillion off the value of global equities in the first six days of this year. Billionaire George Soros warned that markets are facing a crisis, while the World Bank cut its global growth forecasts for this year and next, as China’s slowdown prolongs a commodity slump and contractions endure in Brazil and Russia.

$2.5T of 2016

The value of global equities wiped off in the first six days

“China has a major adjustment problem,” Soros said on Thursday at an economic forum in Colombo, Sri Lanka. “I would say it amounts to a crisis. When I look at the financial markets, there is a serious challenge, which reminds me of the crisis we had in 2008.”

Stocks

THE Stoxx Europe 600 Index dropped 3.5 percent as of 9:26 a.m. in London. Futures on the Standard & Poor’s 500 Index lost 2.7 percent, after the US benchmark slipped on Wednesday to its lowest level in three months. The MSCI Asia Pacific Index slipped 2 percent. A gauge of Chinese shares listed in Hong Kong slumped 4.2 percent, and the Hang Seng S “S ,” A

■ JAPAN 0.3964 ■ UK 68.6972 ■ HK 6.0563 ■ CHINA 7.1619 ■ SINGAPORE 32.6995 ■ AUSTRALIA 33.5261 ■ EU 50.6591 ■ SAUDI ARABIA 12.5083

Source: BSP (7 January 2016 )


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