GOCC subsidies up in June

The national government’s subsidies for government-owned and controlled corporations (GOCCs) more than doubled in June. Data from the Bureau of the Treasury (BTr) obtained over the weekend showed that subsidies to GOCCs during the month amounted to PH…

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Baghdad sizzles at 50°C

Temperatures in Iraq’s capital Baghdad, which averages between 45 and 48 degrees Celsius, rose to 50°C on Saturday afternoon. The Met Department said that temperatures will remain elevated until Monday. To make matters worse, citizens are dealing with…

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