BusinessMirror December 01, 2019

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ROTARY CLUB OF MANILA JOURNALISM AWARDS

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A broader look at today’s business n

Sunday, December 1, 2019 Vol. 15 No. 52

EJAP JOURNALISM AWARDS

BUSINESS NEWS SOURCE OF THE YEAR (2017, 2018)

DEPARTMENT OF SCIENCE AND TECHNOLOGY

2018 BANTOG MEDIA AWARDS

PHILIPPINE STATISTICS AUTHORITY

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UNSTOPPABLE CHINA FACTOR

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By Recto L. Mercene

HINA, according to an internationally recognized academician, should not be totally blamed for ignoring the South China Sea (SCS) ruling handed down by the International Tribunal in The Hague in 2016, saying, “the United States likewise does not follow international law.”

“If you look at the United States, it does not follow international law. Not only are they not signatory to the Unclos [United Nations Convention on the Law of the Sea], but the US will do to you without regard to the UN Security Council,” said Dr. Henry Chan, a Singapore-based development economist and senior visiting research fellow at the Cambodia Institute for Cooperation and Peace. Chan cited the case of ousted Panamanian leader Manuel Antonio Noriega, whose regime, he said,

was toppled by the US without the benefit of a trial. Noriega was the de facto ruler of Panama from 1983 to 1989 who enjoyed long-standing ties with United States intelligence agencies but was removed from power with the American invasion of Panama. According to Chan, Filipinos must remember that the Unclos was developed under Western law, “which is based on no historical claim.” “In Western law there’s no historical claim. All of a sudden China

realizes it, that’s why when [retired Supreme Court] Associate Justice Antonio Carpio talks about Unclos, he should remember that you’re dealing with an ascending power [China],” he said. The statement was in response to an admonition (BusinessMirror, November 27, 2019) that China should not begrudge the ruling of the international tribunal annulling its historic claim to the whole of SCS “because it gained what it lost by having the means to explore the resources of the high seas.”

China ignored the Tribunal’s 2016 ruling which, in effect, invalidated its expansive claims to the whole of SCS, based on history of continued presence in the contested waters since time immemorial.

Rule of the game

“THE rule of the game is that you cannot use judicial angle when looking at things. You have to use the pragmatic, political tools and international diplomacy to deal with issues. I’m sorry to say [this], Continued on A2

Venice’s fraught future caught between tourist crowds and rising tides

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WO weeks after high tides and fierce winds produced the worst flooding in Venice in more than half a century, sirens sound about 6:30 a.m. to warn the fragile lagoon city’s weary residents that “acqua alta” is arriving again. Less than two hours later, temporary wooden platforms are in place to allow pedestrians to move through ancient cobblestone streets. Vendors hawking cheap water-proof boots appear out of nowhere to cater to ill-prepared tourists. Sergio Boldrin, one of Venice’s most renowned mask makers, is used to the ritual. But the floods aren’t the only sign of decay. The feeling in the city is that climate change is hastening a downfall that started with mass tourism.

“The city has become ugly. It’s lost its soul,” said Boldrin, as thrifty day trippers stream by to gawk at but not buy his masks, which can cost as much as €1,000 ($1,100). “These people just don’t recognize its real beauty.” The son of a gondolier, Boldrin is a living embodiment of Venetian tradition. From the stool of his tiny atelier Bottega dei Mascareri near the famous Rialto Bridge, the 62-year-old sees a string of small canvas-covered stands selling cheap trinkets, in-

PESO EXCHANGE RATES n US 50.7980

TOURISTS stand by closed cafés and stacked chairs in Piazza San Marco. GERALDINE HOPE GHELLI/BLOOMBERG

cluding low-grade plastic and ceramic knockoffs of his masks for as little as €10. The city—improbably spread across more than 100 small islands in the Venetian lagoon—attracted an estimated 30 million visitors this year. The crowds strain resources but provide little value for the local economy. Three-quarters of the tourists stay for just a few hours and spend an average €13 on souvenirs, according to research by Confartigianato Venezia, an association of local trade businesses. Artisans are struggling to compete with the influx of cheaper products made abroad, and many can’t afford rents that have been driven up by real-estate speculation. Skilled craftspeople in the city’s historical area have dropped by half since the 1970s to about 1,100 in 2018. “A lot of it is generational change,” said Enrico Vettore of Confartigianato Venezia. “Often there’s no one in a family who Continued on A2

n JAPAN 0.4639 n UK 65.5802 n HK 6.4903 n CHINA 7.2209 n SINGAPORE 37.2037 n AUSTRALIA 34.3750 n EU 55.9286 n SAUDI ARABIA 13.5469

Source: BSP (November 29, 2019 )

TANAONTE | DREAMSTIME.COM

Expert presents the ‘other side of the coin’ in SCS territorial dispute


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