Therefore, it has surprised me that some in the financial markets suddenly believe that the US Federal Reserve will change its plan and hold back on the interest rate increases. Part of my position is based on the current journey across a piece of undescribed land combined with the experience I have gathered for more than 30 years in the financial markets. Moreover, I had my start in the financial markets when the German central bank, the Bundesbank, completely dominated European monetary policy. Before then, I expect continued fear in the financial markets, especially for the risk of recession, as well as the uncertainties arising from the high inflation and the continued interest rate hikes. Peter is an international columnist and speaker on topics about the global financial markets.

MANILA, Philippines — Groups have launched their “Black Friday protest” as they condemned alleged irregularities in the May 9 national and local elections. ADVERTISEMENTBut some of the 1,500 police officers deployed in the vicinity barricaded the roads leading to the PICC, preventing protesters from realizing their plans. The rallyists, who included activists who camped out at the Liwasang Bonifacio grounds in Manila since May 10, instead held their protest at Bukaneg Street near the Cultural Center of the Philippines Complex. LOOK: Militant groups stage a demonstration at Bukaneg street near CCP in Pasay City to decry the alleged irregularities in the electoral process and oppose the victory of presumptive Pres. I agree to the Terms of Use and acknowledge that I have read the Privacy PolicyRead Next

All this and more has happened in our 2022 national election. Governments and elected officials may use language of a "mandate" to lend legitimacy to actions that they take in office. Dwight Eisenhower, who was elected to two terms as US president, entitled his memoirs, Mandate for Change. Generally speaking, the nation's problems define a president's mandate more than the promises he explicitly makes during his campaign. Our people have clearly spoken and given their mandate in the election.

A major upgrade of Hong Kong’s biggest rewards club yuu, “yuu to me” is a brand new ecommerce platform, featuring Hong Kong’s favourite brands and enabling 4 million yuu members to easily shop online, have their order delivered and earn yuu points all in one app. What’s more, earning yuu points is never easier. The secret to bringing this freshness is a strong network that transforms 150 physical shops at Wellcome, Market Place and 7-Eleven into online-to-offline (O2O) shops. This allows “yuu to me” to dispatch fresh produce directly from the shops that are nearest to their customers. Members can also enjoy free one-day delivery for orders over HK$200 and yuu points earned from the order will be updated in the app upon delivery.

(UPDATED) WASHINGTON: That's one small pot of soil, one giant leap for man's knowledge of space agriculture: scientists have for the first time grown plants in lunar soil brought back by astronauts in the Apollo program. That would save future space missions much hassle and expense, facilitating longer and farther trips. As a control group, seeds were also planted in soil from Earth as well as samples imitating lunar and Martian soil. Their analysis showed that the lunar plants had reacted similarly to those grown in hostile environments, such as soil with too much salt, or heavy metals. In the future, scientists want to understand how this environment could be made more hospitable.

VATICAN CITY — A Frenchman murdered in the desert, a Dutch priest killed in a Nazi concentration camp and an Indian lay convert are among 10 new saints being created by Pope Francis on Sunday. Most founded religious orders, but the new saints include Charles de Foucauld, a French soldier and explorer. He became a Catholic priest and lived among Trappist monks in Syria, in Palestine, and finally among the Tuaregs in the Algerian desert. ADVERTISEMENTHe spoke out against them before Germany invaded the Netherlands in 1940 and afterward, encouraging Catholic Dutch newspapers to resist the occupiers’ propaganda. He was declared a martyr and beatified in 2012, before being later attributed the miracle of resuscitating a fetus in the 20th week of pregnancy.

Hong Kong’s nature lovers were reminded to take extra precautions when hiking this weekend and to avoid hiking along ravines as unstable weather persists, said Hong Kong Observatory Director Cheng Cho-ming. He noted the weather during the weekend remains unstable, with the potential for rainstorms to occur. “Flash floods may take place under the adverse weather; citizens must pay extra precautions when hiking this weekend and avoid the ravines,” he said. Classes of all AM schools and whole-day schools were suspended for the day after the warning signal was issued. The signal was downgraded to the amber signal at 7.05am, with the Observatory canceling all rainstorm warning signals at 7.40am.

An important theme in understanding the history of European politics from the time of the Roman Empire to Adolf Hitler, including the time of Machiavelli, is the irresistibility of empire. The role of Charles 8th of France in unbalancing Italian politics was already mentioned in part 1. Finally, Machiavelli studied the machinations of Cesare Borgia, the illegitimate son of Rodrigo (Pope Alexander 6th). Originally encouraged by his father to follow in his footsteps after being made a cardinal upon Rodrigo's election as pope, Cesare resigned from the cardinalate after the death of his brother. And Machiavelli has laid down the principles, based upon his study and wide experience, by which this may be accomplished."

Here are the stories for The Manila Times for Friday, May 13, 2022. READ: Marcos, Biden vow stronger tiesPRESUMPTIVE president Ferdinand "Bongbong" Marcos Jr. and United States President Joe Biden have agreed to further strengthen the ties between their countries following Marcos' landslide victory in Monday's election.Biden and Marcos spoke by phone around 9 a.m. (Manila time), discussing the strengthening of ties in trade and diplomacy, as well as their common interest in democracy, self-determination and economic recovery. Marcos assured Biden that "the Philippines has always held the United States in high regard as a friend, an ally and a partner." Xi said that he is ready to build a "good working relationship" with the Marcos administration. READ: Ways to parent Gen XYZsThe Manila Times Lifestyle held a forum titled "Achievement Unlocked: Parenting for XYZ" on Thursday.

Hong Kong Tourism Board (HKTB) Chairman Y K Pang (left) and Executive Director Dane Cheng share the revival plan of HKTB with 3,200 trade representatives, highlighting Hong Kong’s vibrant developments and new experiences. In his opening remarks, HKTB Chairman Y K Pang highlighted Hong Kong's return to normality. "Hong Kong's daily life and economic activities are now gradually returning to normal, allowing us to stage large-scale events and prepare to welcome back visitors. We will see the grand opening of the Hong Kong Palace Museum this summer, while the third runway at Hong Kong International Airport is expected to go into service within the next couple of years. With these new infrastructure elements and the support of the Central and Hong Kong SAR (Special Administrative Region) governments, Hong Kong's competitive edge has held firm and we can head toward new horizons with confidence."

AFP PHOTOCOLOMBO: Beleaguered Sri Lankan President Gotabaya Rajapaksa was set to name a new prime minister on Thursday to try to steer his South Asian island nation out of its dire economic crisis after days of violence, officials said. "A swearing-in is likely today unless there is a last-minute hiccup," a senior official close to the president told Agence France-Presse (AFP). "I will name a prime minister who will command a majority in parliament and the confidence of the people," Rajapaksa said in the televised speech. Mahinda resigned as prime minister on Monday after his supporters attacked anti-government supporters and started riots in Colombo. However, about a dozen members of parliament from the SJB pledged support to Wickremesinghe, 73, who has been prime minister five times since 1993 and is seen as a pro-West free-market reformist.

The Philippine national esports team, Sibol, is all set to vie for gold in 10 esports events at the 31st SEA Games in Hanoi, Vietnam on May 12 to 23. Smart subscribers can watch and support Sibol and the rest of the national athletes for FREE on Smart’s GigaPlay App, downloadable on the Apple App Store and Google Play Store. Mobile services provider Smart Communications, Inc. (Smart) continues to enable its subscribers’ unshakeable passion for sports as it streams the 31st SEA Games live from Hanoi, Vietnam on May 12 to 23 on the GigaPlay App for FREE and with no streaming charges. Subscribers simply need to be on the Smart mobile network and have the GigaPlay App to enjoy SEA Games 2022 right at their fingertips, powered by Smart’s wide network coverage. Catch all the SEA Games action as they unfold this month by downloading GigaPlay from the Apple App Store or Google Play Store.

The Philippines launches its quest to retain supremacy in basketball Friday, May 13 with the 3×3 competitions of the 31st Southeast Asian Games in Hanoi, Vietnam. Rosser, Napoles, Caduyac and Hayes were tapped to don the Gilas Pilipinas jersey after the four joined forces to give Limitless the inaugural PBA 3×3 crown last December. The Philippines ruled the first men’s 3×3 event in 2019, with PBA players CJ Perez, Chris Newsome, Mo Tautuaa and Jason Perkins taking the gold. Bernardino, Pontejos and Castro were holdovers of the 2019 team that also ruled the distaff side, with Surada taking the place of Jack Animam. Meanwhile, the standard 5-on-5 event won’t start until Monday, with the Filipinos looking to also sweep the men’s and women’s division.

MORE than half of Filipino employees prefer on-site work or hybrid working where most days are spent in the office now that the country has moved into the new normal, according to a survey conducted by health maintenance organization Philcare. In its Survey of Filipino Workers, 35 percent said that they preferred to work entirely on site, while 25.2 percent want a hybrid set-up where they would be allowed to work more in their offices than their homes. Meanwhile, 16.3 percent said that they prefer to work from home, while only 8 percent said that they prefer a hybrid setup where they would work at home more often than in offices. This was different from those surveyed in September 2021, when nearly five out of 10, or 50 percent, of Filipinos said that they want to work on site, while 19.6 percent said that they will work more on site than at home, and 13.9 percent said that they will exclusively work from home. According to Philcare President and Chief Executive officer Joseph Agustin Tanco, the current work-from-home setup may not work in some industries, while some employees may also find the pre-pandemic work arrangement more suited to their situation.

A technician was jailed for 20 months after being arrested in January 2020 for manufacturing explosives at a village house in Sheung Shui during the social unrest. The technician was among 12 Hong Kong fugitives arrested in mainland Chinese waters after a failed bid to flee to Taiwan in 2020 to escape prosecution for their roles in protests. It was understood that Wong had admitted to police that he spent a few weeks between December 2019 and January 2020 making explosives. He later disposed of the explosives by burying them in his own backyard in Sha Tau Kok. Yiu set the sentence starting point at two and a half years but gave Wong a 10-month discount because of his guilty plea.