ACT NOW FOR TRADE JUSTICE

A call from Make Poverty History.

EMAIL MANDELSON

We have a HUGE opportunity coming up. In only three weeks, the World Trade Organisation (WTO) is meeting in Hong Kong for trade talks. This is the key moment this year when unfair trade rules could be changed so that people living in extreme poverty have a chance to build themselves a future.

The trade talks are not going well. In fact they are going very badly for poor countries. You can help them by emailing former British MP, Peter Mandelson, who is now the European Trade Commissioner.

If the European Union & the USA don”t change their current negotiating position there won”t be a trade deal that will help make poverty history. We can”t let Europe block trade justice without one last big push. So all over the world this week, people are contacting their trade representatives.

Peter Mandelson needs to know that we want him to act in the interests of poor people – not at their expense. You can tell him this in 30 seconds by sending an email.

Please DO IT . JUST CLICK HERE NOW.

Thank you,

The Make Poverty History team

2005-11-22 13:03:38

Time To Act Now!

From my Inbox. An appeal for Earthquake Victims

November 18, 2005

Dear Rolly,

It is difficult to imagine that a disaster as destructive as the recent earthquake in northwest Pakistan could get worse. But that is exactly what will happen if the international community does not do more to support the 2.8 million people now living without adequate food, shelter, or medical treatment. Having just recently spent the night in a tent at a field hospital in Batagram, Pakistan with patients and staff, I can assure you that the frigid and potentially deadly Himalayan winter is rapidly approaching. The time to act is now.

That’s why I’m asking you to call your members of Congress today, and urge them to immediately provide additional humanitarian assistance for earthquake-affected regions in Pakistan. Our window of opportunity to save lives is closing fast.

Too Little, Too Late!

AND so the mighty Philippine oil companies rolled their prices (up and down) using the famous (or infamous) “DAGDAG-BAWAS” scheme!

Pump prices for gasoline went down by PHP0.75, diesel and kersosene by PHP0.50 per liter.

LPG prices however moved up by PHP1.00 per kilogram.

Too little too late!

UNFORTUNATELY, NOBODY cares to ASK WHY?

That is why my question remains, “Where is the roll back?“.

tags : In the News, crude, oil, politics, Philippines

2005-11-09 10:08:04

Different Kind of Tag

Ako po ay humihingi ng paumanhin kay Kadyo at kay Bing. Hindi ko po kasi nasagot agad ang kanilang tag sa akin dahil marami akong trabaho (jingle lang ang pahinga ika nga) at hindi rin gaano gumagana ang utak ko (kasi hindi na maka jingle). Ganon pa man, meron din ako ditong kaunting pampalubag loob.

Where is the roll back?

Since Wednesday till close of Friday, oil prices are hovering around the range of $58 to $61 a barrel after U.S. data pointed to a growing supply of crude. have decline by as much as $10 from the record high of $70.85 last August 2005. (Reuters)

The Philippine peso continues to strengthen as it hits the five month high at PHP54.56 on November 3, 2005 against the U.S. dollars on expectation of strong remittances from overseas workers in the coming weeks. The Philippine peso is considered as the best performing currency in Asia. The peso has firmed about three percent against the USD in the past months after it came out of pressure from the political turmoil earlier in the year. The peso closed Friday at PHP54.65 against USD. (Reuters)

What the above informations mean? The above informations simply show that the oil companies in the Philippines are raking in billions of pesos in profits. Imagine this: buying 1,000,000 barrels of oil at $10 less, at lower peso exchange rate and selling them at the old, post-high pump prices. Imagine a roll back of PHP1.00 (if there is any) against $10 or $5.00 oil price decline [PHP1.00/(PHP54.65*USD10.00) = 0.0018]. I guess you get the peanut of what I am saying.