Monster typhoon roars into Philippines
Friday, November 08, 2013
Meteorologists say that if initial estimates based on satellite images are borne out, it could be the most powerful storm ever to make landfall.
The storm has forced millions to seek shelter in 20 provinces and at least two people have died, officials say.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...