FRIDAY |NOVEMBER 28, 2008 | PHILIPPINES

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Audacious attacks. Flames lick Taj Mahal hotel as commandos battle militants.

 

Islamic militants attack
India financial capital
101 killed; Yanks, Brits targeted

MUMBAI — Suspected Islamist gunmen launched waves of attacks in the heart of India’s financial capital late Wednesday, killing at least 101 people and taking many foreigners hostage in two of the city’s plushest hotels.

On Thursday, Indian commandos freed hostages from Mumbai’s Taj Mahal hotel but battled on with Islamist militants who launched the audacious attack across India’s financial capital.

The gunmen arrived by boats in Mumbai on Wednesday, before fanning out and attacking luxury hotels, a landmark cafe, hospitals and a railway station, firing indiscriminately.

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Q3 growth slows down at 4.6%; remittance surge is bright spot

BY RUELLE ALBERT CASTRO

GROSS domestic products grew at a slower pace of 4.6 percent during the third quarter, from a high of 7.1 percent last year, as the country reeled from high inflation and from the initial effects of the global financial crisis.

A 24 percent surge in remittances from overseas workers lifted the gross national product to 6.5 percent but the expansion was lower than the 9.1 percent growth last year.

The agriculture sector grew by 2.5 percent, as against 5.7 percent last year. The industry sector posted a 7.1 percent growth against 6.6 percent last year while services posted a 3.7 percent growth against 8 percent last year.

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‘Joc Joc’ threatened
with indefinite detention

BY JP LOPEZ

SEN. Richard Gordon yesterday told former agriculture undersecretary Jocelyn "Joc Joc" Bolante to cooperate on the P728-million fertilizer fund scandal or he would be detained indefinitely in the Senate premises.

"He (Bolante) should be prepared and be frank and candid. We can detain him in the Senate premises or in Pasay City jail or in Muntinlupa and he will remain there until he decides to be more cooperative," Gordon, chair of the Blue Ribbon committee, said during the weekly Kapihan sa Senado.

The Blue Ribbon has a scheduled hearing on the fertilizer scandal today.

Full Story..

 

 
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