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INCREDIBLE VICTORY AHEAD, SAYS TRUMP
BIDEN NEARS CRUNCH POINT AMID QUIT CALLS US PRESIDENT JOE BIDEN
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US President Joe Biden was reportedly coming closer to dropping out of the White House race Thursday as allies including Barack Obama were said to have expressed concerns that he can no longer win the 2024 election. The 81-year-old Democrat was holed up at his beach house with COVID as multiple US media reports said he was considering the future of his
DONALD Trump predicted an "incredible victory" in accepting the Republican presidential nomination from a party euphoric over his escape from assassination and buoyed by the apparent implosion of Joe Biden's reelection campaign. The 78-year-old former president commanded the stage for more than 90 minutes
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EX-US PRESIDENT DONALD TRUMP
Maharlika okays investment, risk management framework By Darwin G. Amojelar THE Maharlika Investment Corporation (MIC) on Friday said it is ready to engage with investors and manage its fund portfolio for the next five years.
VOL. XXXVIII • NO. 155• 3 SECTIONS 16 PAGES • P20 •SATURDAY, JULY 20, 2024 •
Massive global IT outage hits airlines, banks, media Several PH companies report service disruptions
During its 12th Board Meeting presided by Finance Secretary and MIC chairperson Ralph Recto, the Board approved its founding principles and framework encapsulating its overall Next page
HOUSE LOGS RECORD ACCOMPLISHMENTS NEWS / A3
SELF-RATED POOR FAMILIES UP TO 58% NEWS / A2
By Ram Superable, Darwin Amojelar, Joel Zurbano and Miguel Gil
A
IRLINES, banks, TV channels and other businesses across the globe were scrambling to deal with one of the biggest IT crashes in recent years on Friday, apparently caused by an update to an antivirus program. The disruption, which was linked to Microsoft's Windows, appeared to be related to an issue with cybersecurity software from CrowdStrike. From Amsterdam to Zurich, across all continents, airports were reporting problems with their check-in systems. Several Philippine companies, including major airlines and banks, reported delays caused by technical issues in their computer systems. Cebu Pacific (CEB) and its sister airline CebGo said they canceled 24 domestic and 10 international flights scheduled for Friday due to the Microsoft system outage. AirAsia Philippines head of communications Steve Dailisan added: "This outage is causing unexpected rebooting of machines, leading to some operational disruptions related to check-in processes and navigating the AirAsia MOVE app.” Flag carrier Philippine Airlines, for its part, said its technical systems were “not affected” by the issue.
EMPOWERING FARMERS. President Marcos checks the quality of rice from the newly inaugurated Rice Processing System II at Barangay Ab-abut in the Municipality of Piddig, Ilocos Norte. PPA Pool
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Marcos says fine-tuning draft SONA By Charles Dantes
CHAOS AT THE AIRPORT. Passengers crowd departure counters of Cebu Pacific airline at the Terminal 3 of Ninoy Aquino International Airport on July 19, 2024. A major outage wrought havoc on computer systems worldwide, grounding flights in the United States, derailing television broadcasts in the UK and impacting telecommunications in Australia. AFP
THE stage is set for President Marcos’s third State of the Nation address on Monday, with security measures already in place and supporters and detractors ready to make their presence felt. Mr. Marcos said he is in the process of putting the finishing touches on his speech. “The overall speech is done. We’re just fine-tuning it now,” the chief executive said Friday. He acknowledged the challenge of covering numerous topics without making the speech too lengthy. Next page
China spurns continental shelf submissions of PH, Vietnam By Rachelle Tonelada and Rex Espiritu CHINA accused the Philippines and Vietnam of escalating tensions and exacerbating "differences" in the South China Sea following their recent submissions of extended continental shelf
(ECS) claims to the United Nations Commission on the Limits of the Continental Shelf. Beijing denounced what it called "unilateral" moves as infringements on its "territorial sovereignty and maritime rights." Next page
PBBM cool over Sara’s Cabinet snub By Charles Dantes PRESIDENT Marcos said he respects Vice President Sara Duterte's decision to not accept another Cabinet position after resigning from her roles as Education Secretary and National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) co-chairperson.
"That’s her decision,” Mr. Marcos said at the sidelines of financial distribution to farmers and fisherfolk in Apayao province. In June, Duterte quit her Cabinet position but did not cite any reasons for her decision. At the Department of Education Next page