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Negros Famine
The Negros famine took place on Negros island in the Philippines in the mid-1980s, during the waning days of the Marcos dictatorship. It was a key moment in the history of sugar production in the Philippines, as well as the broader political history of the Philippines. Caused by the Marcos administration's efforts to control sugar production through the Monopolies in the Philippines (1965–1986)#Sugar industry, NASUTRA monopoly held by Cronies of Ferdinand Marcos, Marcos crony Roberto Benedicto and by a sudden crash in international sugar prices, it created what popularly came to be known as a "social volcano", with tensions culminating in the Escalante massacre, and with negative effects still felt even after the ouster of Ferdinand Marcos and his cronies during the 1986 People Power Revolution. Background Sugar production in the Philippines The cultivation of sugarcane, specifically ''Saccharum sinense'', in the Philippines pre-dates Spanish colonization, being one of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Negros
Negros (, , ) is the fourth largest and third most populous island in the Philippines, with a total land area of . The coastal zone of the southern part of Negros is identified as a site of highest marine biodiversity importance in the Coral Triangle. Negros is one of the many islands of the Visayas, in the central part of the country. The predominant inhabitants of the island region are mainly called Negrenses (locally ''Negrosanons''). As of 2020 census, the total population of Negros is 4,656,893 people. From 2015 to 2017, the whole island was governed as an Regions of the Philippines, administrative region officially named the Negros Island Region, which comprised the Cities of the Philippines#City classification, highly urbanized city of Bacolod and the Philippine provinces, provinces of Negros Occidental and Negros Oriental, along with its corresponding outlying islands and islets within a total regional area of . It was created on May 29, 2015, by virtue of Executive Ord ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sugar Industry
The sugar industry subsumes the production, Sugar refinery, processing and marketing of sugars (mostly sucrose and fructose). Globally, about 80% of sugar is extracted from sugar cane, grown predominantly in the tropics, and 20% from sugar beet, grown mostly in temperate climate in North America or Europe. Sugar is used for soft drinks, sweetened beverages, convenience foods, fast food, candy, confectionery, baking industry, baked products, and other sweetened foods. Sugarcane is used in the distillation of rum. Several countries Subsidy, subsidize sugar. Globally in 2018, around 185 million tons of sugar was produced, led by India with 35.9 million tons, followed by Brazil and Thailand. There are more than 123 sugar-producing countries, but only 30% of the produce is traded on the international market. Market Sugar subsidies have driven market costs for sugar well below the cost of production. As of 2019, 3/4 of world sugar production is never traded on the open market. Brazi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Martial Law Under Ferdinand Marcos
At 7:15 p.m. on September 23, 1972, President Ferdinand Marcos announced on television that he had placed the Philippines under martial law, stating he had done so in response to the "communist threat" posed by the newly founded Communist Party of the Philippines (CPP), and the sectarian "rebellion" of the Muslim Independence Movement (MIM). Opposition figures of the time (such as Lorenzo Tañada, Jose W. Diokno, and Jovito Salonga) accused Marcos of exaggerating these threats and using them as an excuse to consolidate power and extend his tenure beyond the two presidential terms allowed by the 1935 constitution. Marcos signed Proclamation No. 1081 on September 21, 1972, marking the beginning of a fourteen-year period of one-man rule, which effectively lasted until Marcos was exiled from the country on February 25, 1986. Proclamation No. 1081 was formally lifted on January 17, 1981 by Proclamation No. 2045, although Marcos retained essentially all of his powers as dictato ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constitution Of The Philippines
The Constitution of the Philippines (Filipino language, Filipino: ''Saligang Batas ng Pilipinas'' or ''Konstitusyon ng Pilipinas'') is the Constitution, supreme law of the Philippines. Its final draft was completed by the Philippine Constitutional Commission of 1986, Constitutional Commission on October 12, 1986, and ratified by a 1987 Philippine constitutional plebiscite, nationwide plebiscite on February 2, 1987. The Constitution remains unamended to this day. The Constitution consists of a preamble and eighteen articles. It mandates a Democracy, democratic and Republicanism, republican form of government and includes a bill of rights that guarantees entrenched freedoms and protections against governmental overreach. The Constitution also organizes the main branches of the Government of the Philippines, Philippine government: a legislative department known as the Congress of the Philippines, Congress, which consists of the Senate of the Philippines, Senate and the House of Repr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Economy
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services. In some contexts, the two terms are distinct: the "international" or "global economy" is measured separately and distinguished from national economies, while the "world economy" is simply an aggregate of the separate countries' measurements. Beyond the minimum standard concerning value in production, use and exchange, the definitions, representations, models and valuations of the world economy vary widely. It is inseparable from the geography and ecology of planet Earth. It is common to limit questions of the world economy exclusively to human economic activity, and the world economy is typically judged in monetary terms, even in cases in which th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Downturn
In economics, a recession is a business cycle contraction that occurs when there is a period of broad decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting of an economic bubble, or a large-scale anthropogenic or natural disaster (e.g. a pandemic). There is no official definition of a recession, according to the IMF. In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." The European Union has adopted a similar definition. In the United Kingdom and Canada, a recession is defined as negative economic growth for two consecutive quarters. Governments usually respond to recessions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Economy Under Ferdinand Marcos
The Philippines, officially the Republic of the Philippines, is an archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of 7,641 islands, with a total area of roughly 300,000 square kilometers, which are broadly categorized in three main geographical divisions from north to south: Luzon, Visayas, and Mindanao. With a population of over 110 million, it is the world's twelfth-most-populous country. The Philippines is bounded by the South China Sea to the west, the Philippine Sea to the east, and the Celebes Sea to the south. It shares maritime borders with Taiwan to the north, Japan to the northeast, Palau to the east and southeast, Indonesia to the south, Malaysia to the southwest, Vietnam to the west, and China to the northwest. It has diverse ethnicities and a rich culture. Manila is the country's capital, and its most populated city is Quezon City. Both are within Metro Manila. Negritos, the archipelago's earliest inhabitants, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Budget
A budget is a calculation plan, usually but not always financial plan, financial, for a defined accounting period, period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, Liability (financial accounting), liabilities and cash flows. Companies, governments, families, and other organizations use budgets to express strategic planning, strategic plans of activities in measurable terms. Preparing a budget allows Company, companies, Public authority, authorities, private entities or Family, families to establish priorities and evaluate the achievement of their objectives. To achieve these goals it may be necessary to incur a Deficit spending, deficit (expenses exceed income) or, on the contrary, it may be possible to save, in which case the budget will present a Surplus (economics), surplus (income exceed expense ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Unrest
Civil disorder, also known as civil disturbance, civil unrest, civil strife, or turmoil, are situations when law enforcement and security forces struggle to Public order policing, maintain public order or tranquility. Causes Any number of things may cause civil disorder, whether it is a single cause or a combination of causes; however, most are born from political grievances, economic inequality, economic disparities, social discord, but historically have been the result of long-standing oppression by a group of people towards another. Civil disorder arising from political grievances can include a range of events, from a simple protest to a mass civil disobedience. These events can be spontaneous, but can also be planned. These events can turn violent when agitators and law enforcers overreact. Civil disorder has in history arisen from economic disputes, political reasons (such as in opposition to oppressive or tyrannical government forces), religious opposition, racial oppre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Debt
A country's gross external debt (or foreign debt) is the liabilities that are owed to nonresidents by residents. The debtors can be governments, corporations or citizens. External debt may be denominated in domestic or foreign currency. It includes amounts owed to private commercial banks, foreign governments, or international financial institutions such as the International Monetary Fund (IMF) and the World Bank. External debt measures an economy's obligations to make future payments and, therefore, is an indicator of a country's vulnerability to solvency and liquidity problems. Another useful indicator is the ''net'' external debt position, which equals gross external debt minus external assets in the form of debt instruments. A related concept is the net international investment position (net IIP). Provided that debt securities are measured at market value, the net external debt position equals the net IIP excluding equity and investment fund shares, financial derivatives, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Independence Day (Philippines)
Independence Day (; also known as ''Araw ng Kalayaan'', "Day of Freedom") is a national holiday in the Philippines observed annually on June 12, commemorating the declaration of Philippine independence from Spain in 1898. Since 1978, it has been the country's National Day. History The earliest recorded event related to the holiday was when Andres Bonifacio, along with Emilio Jacinto, Restituto Javier, Guillermo Masangkay, Aurelio Tolentino, Faustino Manalak, Pedro Zabala, and few other Katipuneros went to Pamitinan Cave in Montalban (now Rodriguez, Rizal) to initiate new members of the Katipunan. Bonifacio wrote ''Viva la independencia Filipina!'' or ''Long Live Philippine independence'' on walls of the cave after the Spanish discovery of the revolutionary group. Bonifacio also led the Cry of Pugad Lawin, which signals the beginning of the Philippine Revolution. Members of the Katipunan, led by Bonifacio, tore their community tax certificates (''cedulas personales'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Second World War
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
