January 24, 2017, 5:20 pm
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1 Philippine Peso = 0.07374 UAE Dirham
1 Philippine Peso = 2.57217 Albanian Lek
1 Philippine Peso = 0.03554 Neth Antilles Guilder
1 Philippine Peso = 0.31919 Argentine Peso
1 Philippine Peso = 0.02651 Australian Dollar
1 Philippine Peso = 0.03594 Aruba Florin
1 Philippine Peso = 0.04015 Barbados Dollar
1 Philippine Peso = 1.58542 Bangladesh Taka
1 Philippine Peso = 0.03693 Bulgarian Lev
1 Philippine Peso = 0.00757 Bahraini Dinar
1 Philippine Peso = 33.69364 Burundi Franc
1 Philippine Peso = 0.02008 Bermuda Dollar
1 Philippine Peso = 0.02846 Brunei Dollar
1 Philippine Peso = 0.13772 Bolivian Boliviano
1 Philippine Peso = 0.06361 Brazilian Real
1 Philippine Peso = 0.02008 Bahamian Dollar
1 Philippine Peso = 1.3682 Bhutan Ngultrum
1 Philippine Peso = 0.2119 Botswana Pula
1 Philippine Peso = 401.92732 Belarus Ruble
1 Philippine Peso = 0.03975 Belize Dollar
1 Philippine Peso = 0.02666 Canadian Dollar
1 Philippine Peso = 0.02004 Swiss Franc
1 Philippine Peso = 13.18591 Chilean Peso
1 Philippine Peso = 0.13751 Chinese Yuan
1 Philippine Peso = 58.60269 Colombian Peso
1 Philippine Peso = 10.94158 Costa Rica Colon
1 Philippine Peso = 0.02008 Cuban Peso
1 Philippine Peso = 2.05963 Cape Verde Escudo
1 Philippine Peso = 0.50475 Czech Koruna
1 Philippine Peso = 3.57217 Djibouti Franc
1 Philippine Peso = 0.13889 Danish Krone
1 Philippine Peso = 0.93074 Dominican Peso
1 Philippine Peso = 2.20331 Algerian Dinar
1 Philippine Peso = 0.29226 Estonian Kroon
1 Philippine Peso = 0.37543 Egyptian Pound
1 Philippine Peso = 0.44991 Ethiopian Birr
1 Philippine Peso = 0.01868 Euro
1 Philippine Peso = 0.04166 Fiji Dollar
1 Philippine Peso = 0.01616 Falkland Islands Pound
1 Philippine Peso = 0.01615 British Pound
1 Philippine Peso = 0.087 Ghanaian Cedi
1 Philippine Peso = 0.89038 Gambian Dalasi
1 Philippine Peso = 187.41216 Guinea Franc
1 Philippine Peso = 0.15124 Guatemala Quetzal
1 Philippine Peso = 4.06966 Guyana Dollar
1 Philippine Peso = 0.15574 Hong Kong Dollar
1 Philippine Peso = 0.4734 Honduras Lempira
1 Philippine Peso = 0.13971 Croatian Kuna
1 Philippine Peso = 1.32423 Haiti Gourde
1 Philippine Peso = 5.77896 Hungarian Forint
1 Philippine Peso = 267.71732 Indonesian Rupiah
1 Philippine Peso = 0.07614 Israeli Shekel
1 Philippine Peso = 1.36677 Indian Rupee
1 Philippine Peso = 23.7101 Iraqi Dinar
1 Philippine Peso = 649.66873 Iran Rial
1 Philippine Peso = 2.26902 Iceland Krona
1 Philippine Peso = 2.58201 Jamaican Dollar
1 Philippine Peso = 0.0142 Jordanian Dinar
1 Philippine Peso = 2.27496 Japanese Yen
1 Philippine Peso = 2.0789 Kenyan Shilling
1 Philippine Peso = 1.39476 Kyrgyzstan Som
1 Philippine Peso = 80.1064 Cambodia Riel
1 Philippine Peso = 9.27525 Comoros Franc
1 Philippine Peso = 18.06866 North Korean Won
1 Philippine Peso = 23.40052 Korean Won
1 Philippine Peso = 0.00612 Kuwaiti Dinar
1 Philippine Peso = 0.01646 Cayman Islands Dollar
1 Philippine Peso = 6.64124 Kazakhstan Tenge
1 Philippine Peso = 163.90283 Lao Kip
1 Philippine Peso = 30.19474 Lebanese Pound
1 Philippine Peso = 3.01245 Sri Lanka Rupee
1 Philippine Peso = 1.80687 Liberian Dollar
1 Philippine Peso = 0.27264 Lesotho Loti
1 Philippine Peso = 0.06121 Lithuanian Lita
1 Philippine Peso = 0.01246 Latvian Lat
1 Philippine Peso = 0.02857 Libyan Dinar
1 Philippine Peso = 0.20153 Moroccan Dirham
1 Philippine Peso = 0.40203 Moldovan Leu
1 Philippine Peso = 1.14595 Macedonian Denar
1 Philippine Peso = 27.24352 Myanmar Kyat
1 Philippine Peso = 49.7892 Mongolian Tugrik
1 Philippine Peso = 0.16041 Macau Pataca
1 Philippine Peso = 7.12508 Mauritania Ougulya
1 Philippine Peso = 0.71652 Mauritius Rupee
1 Philippine Peso = 0.30516 Maldives Rufiyaa
1 Philippine Peso = 14.35455 Malawi Kwacha
1 Philippine Peso = 0.43007 Mexican Peso
1 Philippine Peso = 0.08912 Malaysian Ringgit
1 Philippine Peso = 0.27073 Namibian Dollar
1 Philippine Peso = 6.32403 Nigerian Naira
1 Philippine Peso = 0.5903 Nicaragua Cordoba
1 Philippine Peso = 0.16818 Norwegian Krone
1 Philippine Peso = 2.18028 Nepalese Rupee
1 Philippine Peso = 0.02784 New Zealand Dollar
1 Philippine Peso = 0.00773 Omani Rial
1 Philippine Peso = 0.02008 Panama Balboa
1 Philippine Peso = 0.06614 Peruvian Nuevo Sol
1 Philippine Peso = 0.06368 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.10379 Pakistani Rupee
1 Philippine Peso = 0.08163 Polish Zloty
1 Philippine Peso = 116.05501 Paraguayan Guarani
1 Philippine Peso = 0.07309 Qatar Rial
1 Philippine Peso = 0.08384 Romanian New Leu
1 Philippine Peso = 1.19551 Russian Rouble
1 Philippine Peso = 16.31359 Rwanda Franc
1 Philippine Peso = 0.07529 Saudi Arabian Riyal
1 Philippine Peso = 0.1571 Solomon Islands Dollar
1 Philippine Peso = 0.26348 Seychelles Rupee
1 Philippine Peso = 0.12864 Sudanese Pound
1 Philippine Peso = 0.17761 Swedish Krona
1 Philippine Peso = 0.02847 Singapore Dollar
1 Philippine Peso = 0.01617 St Helena Pound
1 Philippine Peso = 0.44581 Slovak Koruna
1 Philippine Peso = 146.3963 Sierra Leone Leone
1 Philippine Peso = 10.98173 Somali Shilling
1 Philippine Peso = 457.63702 Sao Tome Dobra
1 Philippine Peso = 0.17511 El Salvador Colon
1 Philippine Peso = 10.33889 Syrian Pound
1 Philippine Peso = 0.27078 Swaziland Lilageni
1 Philippine Peso = 0.70749 Thai Baht
1 Philippine Peso = 0.04554 Tunisian Dinar
1 Philippine Peso = 0.046 Tonga Pa'ang
1 Philippine Peso = 0.07571 Turkish Lira
1 Philippine Peso = 0.1343 Trinidad Tobago Dollar
1 Philippine Peso = 0.6304 Taiwan Dollar
1 Philippine Peso = 45.23188 Tanzanian Shilling
1 Philippine Peso = 0.54889 Ukraine Hryvnia
1 Philippine Peso = 72.01365 Ugandan Shilling
1 Philippine Peso = 0.02008 United States Dollar
1 Philippine Peso = 0.57338 Uruguayan New Peso
1 Philippine Peso = 65.14756 Uzbekistan Sum
1 Philippine Peso = 0.20026 Venezuelan Bolivar
1 Philippine Peso = 452.70025 Vietnam Dong
1 Philippine Peso = 2.13833 Vanuatu Vatu
1 Philippine Peso = 0.05129 Samoa Tala
1 Philippine Peso = 12.24091 CFA Franc (BEAC)
1 Philippine Peso = 0.05421 East Caribbean Dollar
1 Philippine Peso = 12.44228 CFA Franc (BCEAO)
1 Philippine Peso = 2.2359 Pacific Franc
1 Philippine Peso = 5.01807 Yemen Riyal
1 Philippine Peso = 0.27076 South African Rand
1 Philippine Peso = 104.1859 Zambian Kwacha
1 Philippine Peso = 7.26561 Zimbabwe dollar

AFTER YEAR OF UPHEAVAL: Polarized societies fuel risks at Davos

LONDON- Divided societies, rising populism and fears for the world’s climate top the list of risks facing politicians, central bankers and business leaders gathering in Davos next week.

The world has changed dramatically in the year since they last met in the Swiss Alps, with Donald Trump’s election in the United States and Britain’s vote to leave the European Union exposing deep public disenchantment with globalization.

“Davos Man” - those who meet each year at the World Economic Forum (WEF) - faces further threats in 2017 too, with elections in the Netherlands, France, Germany and probably Italy all offering scope for an anti-establishment backlash.

Ahead of its annual meeting, the WEF’s 2017 Global Risks report on Wednesday highlighted rising income and wealth disparity as the trend most likely to determine global developments over the next decade.

While the world economy is expected to carry on growing this year - helped by anticipated U.S. tax cuts and infrastructure spending under a Trump administration - the threat of protectionism presents a rising long-term risk.

Other dangers have not gone away, with climate concerns moving up the agenda as Trump’s arrival as President in the White House casts a shadow over curbing carbon emissions. Extreme weather events are now rated as the single most prominent global risk.

“Many of these risks have been highlighted in past reports, except now they are moving in the direction of having a higher impact,” said Cecilia Reyes, chief risk officer of Zurich Insurance one of the report’s authors.

The Jan. 17-20 Davos meeting will bring together 3,000 participants, including President Xi Jinping, the first Chinese head of state to attend the WEF, and British Prime Minister Theresa May.

German Chancellor Angela Merkel and Canadian Prime Minister Justin Trudeau, however, have decided to skip the event. Trump, who will be inaugurated on Jan. 20, will also not be there.

European Commission President Jean-Claude Juncker was also absent from the line-up published on Tuesday, but there were many presidents, prime ministers and central bankers among the 3,000 participants, along with 1,800 executives from 1,000 companies.

The United States will be represented by Vice President Joe Biden and Secretary of State John Kerry, days before they leave office, and “someone from the transition team representing the new (Trump) administration”, Schwab said.

Xi led a forum of Asia-Pacific leaders in Peru in November in vowing to fight protectionism, just days after Trump won the U.S. election having pledged to pull out of the 12-nation Trans-Pacific Partnership (TPP) trade deal.

Foreign businesses in China, however, have long complained about a lack of market access and protectionist Chinese policies. These include a Made in China 2025 plan that calls for a progressive increase in domestic components in sectors such as advanced information technology and robotics.

The fallout of Trump’s pledge to “Make America Great Again” will be debated intensely, however, and his stance on the Middle East and the threat of terrorism is also an area of uncertainty.

Another risk in the spotlight is the rise of robots and the threat posed to jobs. The report names artificial intelligence and robotics as the technologies with the greatest potential for both positive and negative consequences, including exacerbating the threat posed by hacking.

Without effective governance and retraining of workers, technology may destroy more jobs than it creates at a time when cash-strapped governments can no longer afford historical levels of welfare.

The report analysed 30 global risks and 13 underlying trends over a 10-year horizon by surveying around 750 experts and decision makers. 

Davos will end just as Trump takes office, having won the White House in part with promises to pull the United States out of international trade deals and hike tariffs against China and Mexico in a protectionist campaign he says will help bring back industries and jobs to America.

WEF executive chairman Klaus Schwab said he expected Xi to show how China would take a “responsive and responsible leadership role” in global affairs at a turning point in history, with the world needing new concepts to face the future.

“Every simplified approach to deal with the complex global agenda is condemned to fail. We cannot have just populist solutions,” Schwab told a news conference in Geneva, referring to the rising anti-globalization tide epitomized by Trump’s victory and Britain’s vote last year to exit the European Union.  – Reuters 
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