Businessmirror June 08, 2019

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DEPARTMENT OF SCIENCE & TECHNOLOGY

PHILIPPINE STATISTICS AUTHORITY

2018 BANTOG DATA MEDIA AWARDS CHAMPION

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A broader look at today’s business n

Saturday, June 8, 2019 Vol. 14 No. 241

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U.S.-CHINA RIVALRY BRINGS RISK OF CONFRONTATION– WITH PHL IN THE MIDDLE

T

By Rene Acosta

HE trade war and the rising military rivalry which, in Southeast Asia, is centered in the South China Sea, is raising the possibility of a direct confrontation between the United States and China, reminiscent of the events that preceded World War I.

This was the observation raised by Defense Secretary Delfin Lorenzana during the Shangri-La Dialogue held in Singapore last week, where he also pushed for a continuing dialogue and greater cooperation in an effort to ease tension that was seen to be taking the two superpowers closer to a deadly standoff. Lorenzana noted that the trade war and the brewing military animosity between Beijing and Washington are redefining not only the region’s economic and political landscape but also the world’s geopolitical structure that has placed states

into their crosshairs. “With the untethering of our networks of economic interdependence, comes growing risk of confrontation that could lead to war. Our greatest fear, therefore, is the possibility of sleepwalking into another international conflict like World War I,” he warned. In Southeast Asia, Lorenzana called on the Asean countries to step up their efforts in working to manage the dispute surrounding the South China Sea—the regional flashpoint between the US and China—but prodded the states to negotiate with Beijing as one and

within the ambit of the Asean.

In the middle

LORENZANA may have issued the warning partly out of the Philippines’ standing issues and concerns, both with Beijing and Washington. While the country is working to maintain its good relations with China, Manila is also a treaty partner of the US under the 1951 Mutual Defense Treaty. The treaty, which the defense chief has been pushing for review, obligates the US to come to the aid of the Philippines in case of an attack by another country. Some

analysts see this possibility—albeit not probable—as coming from China, given its dispute revolving around the West Philippine Sea. The defense pact, a Cold War creation, however, also forces the Philippines to help the US in case of a war, with that threat now also being offered by China, given the existing tension from conflicting claims involving the South China Sea. In the past, Lorenzana had raised the government’s fearful concern over the possibility of a miscalculation between the US and China in the South China Sea as a result Continued on A2

A new kind of surveillance is coming to US skies–in a balloon

A

By Justin Bachman |

Bloomberg News

N Arizona company developing a new type of high-altitude, long-range surveillance platform just completed a 16-day mission during which massive balloons floated over four western US states, all part of an effort to someday keep them aloft for months at a time. World View Enterprises Inc. builds what it calls Stratollites, a system designed to offer the type of coverage satellites afford but without the need to launch incredibly expensive rockets into space. Effectively unmanned balloons, the

platforms operate with surveillance equipment payloads of as much as 220 pounds, or 100 kilograms, at altitudes of 50,000 feet to 75,000 feet, far above commercial air traffic. They will be able to monitor mines, pipelines, transit in-

PESO EXCHANGE RATES n US 51.7720

WORLD View conducted its inaugural Stratollite launch in 2017. WORLD VIEW

frastructure—and perhaps the contents of your fenced-off backyard—in hyper-accurate detail. The company plans to start selling its commercial product early next year and has spoken with several potential commercial and military customers, Chief Executive Officer Ryan Hartman said Tuesday in an interview. World View sees its customer base as companies that operate critical industrial and commercial infrastructure. The mechanism can provide imagery that’s superior to orbiting platforms, Hartman contends, because “we’re five times closer to the earth than the nearest satellite.” He said “our imagination is sort of our limit with regards to where and how these systems can be used. Certainly there is a market in target surveillance and reconnaissance on a global scale.” Continued on A2

n JAPAN 0.4776 n UK 65.7608 n HK 6.6034 n CHINA 7.4934 n SINGAPORE 37.9672 n AUSTRALIA 36.1161 n EU 58.3885 n SAUDI ARABIA 13.8059

Source: BSP (June 7, 2019 )

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