ROTARY CLUB OF MANILA JOURNALISM AWARDS
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Sunday, July 7, 2019 Vol. 14 No. 270
2018 EJAP JOURNALISM AWARDS
BUSINESS NEWS SOURCE OF THE YEAR
DEPARTMENT OF SCIENCE AND TECHNOLOGY
2018 BANTOG MEDIA AWARDS PHILIPPINE STATISTICS AUTHORITY
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A MILLION GUNS By Rene Acosta
T
HE government’s campaign against loose firearms spearheaded by the Philippine National Police (PNP) is “barreling through” as part of the overall peace and order effort.
PNP Spokesman Col. Bernard Banac said the drive to recover illegal firearms in the hands of unauthorized individuals has not stopped, even after the elections, stressing that the drive is a continuing effort. The campaign, which is part of the anti-criminality effort of the police, is now being conducted with the Criminal Investigation and Detection Group (CIDG), the PNP’s foremost investigative unit, at the helm.
A million more to go
THE PNP is working to recover at least more than a million loose firearms, most of which are in the hands of individuals in Mindanao. Part of the bulk is also with criminal syndicates and private armed groups. Before, during and even after the midterm elections, the PNP seized or confiscated a miniscule 5,304 firearms during its conduct of focused police operations implemented partly through the conduct of checkpoints around the country. “What is more significant is the fact that we were able to take away 5,300 instruments of violence from the hands of criminal and terrorist elements, and that could have resulted in more deaths,” Banac said. “This cache of 5,000 guns is enough firepower to arm an entire division-size armed force,” he added.
Other deadly weapons
THE police spokesman said the seizure of firearms has, in part, contributed to the campaign to recover loose firearms. Of the number, 4,018 were considered as small arms, 120 are light arms and 1,166 are improvised or homemade guns. The PNP also recovered at least 50,386 other deadly weapons and even explosives, which included 366 fragmentation grenades and 649 various types of improvised explosive devices, or homemade bombs. At least 74,072 varying types of ammunition were also seized. The focused police operations were implemented from January 13 up to June 12, which is the end of the election period for the midterm polls.
PNP still struggles to seize loose, unregistered firearms
5,304
The total number of firearms seized during the last election period
Checkpoints
BANAC said the election-geared operations, which were carried out jointly with the Commission on Elections and with the Armed Forces of the Philippines, resulted in the implementation of 838,133 operations. These included checkpoints, police patrol response and Operational Plan Apprehension (“Oplan Sita”). “But we also carried out raids through the implementation of various search and arrest warrants,” Continued on A2
Halliburton and other drillers fight for new life in a world of cheap oil
F
By David Wethe | Bloomberg News
OR the oilfield services industry, it’s no longer about merely navigating a downturn. It’s now about survival. er Ltd. and Halliburton Co., the two biggest, have each fallen by more than 65 percent since crude started tumbling, and Weatherford International Plc. on Monday filed for bankruptcy. Contrast that with the oil producers, collectively down less than 50 percent. It’s a model that “definitely needs to be changed,” said Luke Lemoine, an analyst at Capital One in New Orleans, in a phone interview. “It’s just been capital destruction for 20 years.”
CHRISHARVEY | DREAMSTIME.COM
Five years after crude began its plunge to less than $30 a barrel from more than $100, the companies that drill and frack wells are living in a new world. The producers they work for have become increasingly efficient and cost-conscious, reacting to shareholder demands for payback and a crude market that’s recovered only part of that brutal decline. Meanwhile, the service companies that handed out discounts in the downturn are barely holding on. Schlumberg-
Continued on A2
PESO EXCHANGE RATES n US 51.0960
n JAPAN 0.4740 n UK 64.2890 n HK 6.5623 n CHINA 7.4362 n SINGAPORE 37.6870 n AUSTRALIA 35.8643 n EU 57.6669 n SAUDI ARABIA 13.6256
Source: BSP (July 5, 2019 )